Cargill KYC and CC Specialist in Moscow, Russia
KYC and CC Specialist
Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and over 150 years of experience. We have 150,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work.
Trade and Structured Finance (TSF) compliments the efforts of Cargill commodity business units by providing financial solutions to Cargill’s business partners (suppliers and buyers). TSF’s experience and expertise in global financial markets aid in mitigating documentary, cross-border and credit risks associated with structured trade finance. TSF plays a key role in funding the global operations of Cargill through cross-border funding structures and management of transferability and convertibility risks. In additional to structured trade finance and internal funding, TSF also leverages Cargill’s international trade flows to create trade structures that provide funding to emerging market-based financial institutions and corporations.
The position will be responsible for performing of legal corporate capacity verification and Know Your Customer (“KYC”) checks for TSF’s counterparties (both banks and corporates) in FSU and EMEA regions and hanlding KYC and legal capacity verification requests from TSF counterparties on Cargill Legal Entities.
Know Your Customer (KYC) and Corporate Capacity (CC) Verification on TSF Counterparties:
understand and ensure compliance with KYC, CC guidelines and requirements;
develop a thorough understanding of relevant TSF structures/products and type of agreements/documents executed under each structure/product;
obtain information and legal documentation from TSF counterparties in line with the respective country guidelines, seek guidance from Law department if needed; prepare KYC write-up and summary of CC verification and list of authorized signatories of the TSF Counterparty; perform periodic KYC/CC file update/review.
understand and ensure compliance with FATCA requirements. Collect relevant tax forms, seek guidance from Tax department if needed.
close coordination with TSF trading and transaction management team to align priorities basis the status of trade execution, make proactive measures to address issues/delays as they arise; escalate to manager as appropriate;
to key information on counterparties in internal system, review informaiton and initiate update as required.
Hanlding KYC and legal capacity verification requests from TSF counterparties on Cargill Legal Entities:
provide legal documentation, financials and other informaiton on TSF Cargill entities involved in trade finance products and services to bank and corporate counterparties in EMEA and FSU region. Keep track of provided documents / information.
understand internal requirements on disclosure of the informaiton and external legal requirements of the jurisdiction of the counterparty.
coordinate issuance of Powers of Attorney, resolutions and other required documentation/ certifications in the name of Cargill entities involved in TSF transactions; Coordinate notary certification/apostille/legalization as needed.
keeping TSF traders informed and make proactive measures to address issues / delays as they arise.
Handling of Confidentiality Agreements:
Coordinate the negotiation of Confidentiality agreements with counter-parties in dual languages (English and Russian), Be able to understand the drivers of the changes requested and to communicate such drivers internally in line with internal approval process, be able to further explain and articulate our position to the counterparty as required.
Keep database of Confidentiatliy agreement up-do date. Initiate extention as required.
- Paricipate in projects and perform other tasks as requested
Business / Banking / Finance / Law Bachelor’s or higher degree or an equivalent
3 years of working experience
Interest and curiosity to learn and work in an ever-changing business environment is essential
Fluent in oral and written English
Good verbal and written communication skills, able to communicate effectively with people at all levels
Good organizational skills; thorough & detail oriented at work
Ability to manage multiple priorities and work well under time pressure
Strong analytical and problem solving skills
Able to take initiative and work independently
Flexibility to work occasionally long hours to handle spikes in business volume and to support global operation
This position gives exposure to compliance requirements and processes, TSF structures/products and customer relationships.
Success in this role could lead to opportunities to take supervisory role in KYC / CC team or move to TSF Transactions settlement to gain knowledge on operational risks associated with TSF structures / products and all steps of TSF transactions execution.
Primary Location Russia-MOW-Moscow
Job Type Standard
Shift Day Job
Req ID: MOS00173