Role Overview

An essential role in ensuring the group’s adherence to compliance requirements and industry legislation regarding sanctions. Works with the business to process requests for due diligence on all new counterparties, intermediaries, and service providers (including vessels). This role demands knowledge of global sanctions regimes and experience in using due diligence software and screening tools to manage red flag alerts.

Business Overview

Established in 1783, ED&F Man is an employee-owned agricultural commodities merchant with 2,800 people in 43 countries and annual revenue in excess of $8bn. We trade sugar, coffee, molasses, animal feed and pulses. Corporate responsibility is ingrained in our culture. We are passionate about sustainable production, take care to limit the environmental impact of our operations and actively support the communities in which we work.

Key Accountabilities

• Conduct Due Diligence and Know Your Customer (KYC), including AML, checks for the onboarding of new counterparties, and refresh/ ongoing monitoring for pre-existing counterparties as part of the ED&F Man Group Sanctions & Due Diligence policy and procedures.
• Perform screening by reviewing counterparty documentation, trade capture data, and external screening tools and validating the information obtained on the counterparty using a variety of independent research sources.
• Perform data quality review of KYC requests for completeness, including ensuring all appropriate information is contained in the KYC to meet all regulatory, legal, bank and audit requirements.
• Execute and review negative media alerts from client screening and escalate where necessary.
• Understand sanctions risks and AML requirements, documentary red flags and approaches to mitigate risk during due diligence checks.
• Perform additional due diligence on high-risk counterparties, or where a red flag has been raised.
• Maintain detailed records on counterparties for second-level review, and internal audit/ external regulatory inspection.
• Liaise with counterparties, Front Office, Credit, Legal and Operations as necessary as part of the KYC process.
• Support process documentation exercise for all future regulatory changes and process improvements within the scope of KYC/ AML.
• Prepare management information on number of counterparties screened, timeliness of screening, red flag rates, approval, and rejection rates for Head of Compliance.
• Continuously develop knowledge of Sanctions and AML related regulations.

Skills and Experience

• Proven experience in a due diligence/KYC role within commodities – physical trading preferably agricultural soft commodities although other commodities might be considered.
• Experience of working with industry standard GRC software (such as Lexis Nexis, Refinitiv, Thomson Reuters) and screening tools (Dow Jones, Dun & Bradstreet, BvD) – BENEFICIAL
• Excellent communication and interpersonal skills.
• Analytical mindset with the ability to translate regulatory requirements into practical solutions.
• Proficiency in strategic analysis.

As an ever-friendly reminder: Researchers have found that men apply to roles when they meet an average of 60% of the criteria. Women and other underrepresented groups tend to apply only when they check every box. If you are interested, but don’t feel like you meet every single point on the job description, please still apply!

Our Offer

We provide a fast-paced, stimulating and truly global environment, which will stretch your abilities and channel your talents. We also offer competitive salary and benefits combined with outstanding career development opportunities in one of the global leaders in soft commodity trading.

Our Values

Respect, Integrity, Meritocracy, Client Focus, Entrepreneurship

Our values define who we are. They are the fundamental beliefs that determine our actions and guide our behaviour. They influence the way we communicate and collaborate, and define the way we engage with our clients, partners, and communities. Our values are underpinned by a set of essential behaviours, which form part of our performance management approach. Delivering on our objectives is very much about ‘what’ we do, but these essential behaviours also provide a guide and measure for ‘how’ we do things. Our performance essentials are Take Initiative, Self‐Management, Deliver Results and Collaboration.

Our Commitment

We are committed to creating and sustaining an inclusive and diverse work environment where all employees are treated with dignity and respect. We are committed to promoting equal opportunities in employment and are focussed on actively building and developing diverse teams. All qualified applicants will receive equal treatment without regard to race, colour, sex, gender, age, religion or belief, ethnic or national origin, marital or civil partner status, physical or mental disability, military or veteran status, sexual orientation, gender reassignment (identity, gender expression), genetic information or any characteristic protected by local law.

We are willing to make any reasonable adjustments throughout our recruitment process.

Business Overview

Established in 1783, ED&F Man is an employee-owned agricultural commodities merchant with 5,500 people in 50 countries and annual revenue in excess of $8bn. We trade sugar, coffee, molasses, animal feed and pulses. Established in 1783, ED&F Man is an employee-owned agricultural commodities merchant with 6,000 people in 60 countries and annual revenue in excess of $8bn. We trade sugar, coffee, molasses, animal feed and pulses. Corporate responsibility is ingrained in our culture. We are passionate about sustainable production, take care to limit the environmental impact of our operations and actively support the communities in which we work.

We source or process raw, white and specialty sugars from over 40 producing countries. We sell to refineries, industrial users, wholesalers, retailers and consumers, offering local solutions though a number of in-country purchasing, sales and distribution businesses.

 

Key Accountabilities

The primary aim of this role is to handle all execution activities related to the EDF MAN’s Sugar business.

1. Execute end to end transportation processes applying defined contractual terms to minimize risks of the execution.
2. Liaise with suppliers and internal and external customers to plan and manage shipments according to contractual requirements.
3. Manage sales contracts to ensure their clauses are fully understood and executable, ensuring legal and fiscal requirements.
4. Ensures review of operational metrics, maintaining accurate controls and delivery as per the expectation of trade execution processes.
5. Maintain and foster established relationships with customers, clients, suppliers and other business partners, such as supervisory companies, insurance companies, laboratories, agents, warehouses, buyers, and sellers.
6. Independently solve issues with minimal supervision while escalating complex issues to appropriate staff.

Other duties as assigned

Minimum Qualifications 

Bachelor’s degree in a related field or equivalent experience

Minimum of two years of related work experience

Skills and Experience

At least five years’ experience in trade execution, logistics, supply chain, trading or similar

Strong knowledge of Incoterms, UCP rules & ISBP, International Shipping Practice.

Strong organizational, analytical and communication skills

 

As an ever-friendly reminder: Researchers have found that men apply to roles when they meet an average of 60% of the criteria. Women and other underrepresented groups tend to apply only when they check every box. If you are interested, but don’t feel like you meet every single point on the job description, please still apply!

 

Our Offer

We provide a fast-paced, stimulating and truly global environment, which will stretch your abilities and channel your talents. We also offer competitive salary and benefits combined with outstanding career development opportunities in one of the global leaders in soft commodity trading.

 

Our Values

Respect, Integrity, Meritocracy, Client Focus, Entrepreneurship

Our values define who we are. They are the fundamental beliefs that determine our actions and guide our behaviour. They influence the way we communicate and collaborate, and define the way we engage with our clients, partners, and communities. Our values are underpinned by a set of essential behaviours, which form part of our performance management approach. Delivering on our objectives is very much about ‘what’ we do, but these essential behaviours also provide a guide and measure for ‘how’ we do things. Our performance essentials are Take Initiative, Self‐Management, Deliver Results and Collaboration.

 

Our Commitment

We are committed to creating and sustaining an inclusive and diverse work environment where all employees are treated with dignity and respect. We are committed to promoting equal opportunities in employment and are focussed on actively building and developing diverse teams. All qualified applicants will receive equal treatment without regard to race, colour, sex, gender, age, religion or belief, ethnic or national origin, marital or civil partner status, physical or mental disability, military or veteran status, sexual orientation, gender reassignment (identity, gender expression), genetic information or any characteristic protected by local law.

We are willing to make any reasonable adjustments throughout our recruitment process.