Led the establishment of a risk structure in a new office and directed the global credit risk function across EMEA, Asia, and the Americas, enforcing controls on daily operational activities and influencing strategic business decisions:

• Formulate risk management strategy and policy necessary for new product or market implementation
• Set risk limits based on the Risk Envelope and communicate these limits to the Risk Committee and heads of relevant business units.
• Evaluate proposed transactions with respect to their potential impact on the company’s risk profile, consistency with risk management objectives and risk tolerance, and compliance with risk management policy.
• Developed and maintained risk management policies and procedures, ensuring adherence to internal and external regulatory requirements by updating control processes as needed.
• Performed complex credit risk activities, independently managed high-risk customer portfolios using advanced knowledge, approved high-value limits, and identified issues while assisting with investigations of credit exposures and accounts receivable.
• Established a comprehensive credit risk reporting system.
• Developed, coordinated, and documented training programs on compliance topics for employees.
• Provide regular reports to senior management and the board of directors
• Constantly monitored, reviewed, and validated market and volatility curves used in risk reports, reconciling them with independent market information from price subscription services, broker quotes, or market data.
• Periodically engaged in independent audits (internal and external) of risk control processes and procedures

Achievements

• Successfully developed and integrated a Risk Management System into New ERP software, tailored the system to align seamlessly with business workflows and enhanced risk mitigation and operational efficiency
• Implemented a Balanced Scorecard Framework for Counterparty Selection in Malaysia and Vietnam resulted in 20% improvement in selection accuracy, reduced risk exposure by 15%, and fostered stronger partnerships by aligning counterparties with strategic goals.
• Standardized credit risk function across different regions and business units, ensuring consistency and a unified approach to global credit risk.

• Developed and implemented commodity export via river terminal as consequence Ukraine/Russia war and Black Sea blockade:
• Manage the operational activities of the grain terminal.
• Oversee accurate weighing, grading, and quality control, including mixing, blending, and moving grain.
• Establish and implement short- and medium-term goals that align with long-range plans for growth in operations, including facility enhancements, equipment upgrades, and personnel development.
• Monitor daily long and short positions to effectively control grain handling, storage, and transportation capabilities.
• Oversee the hiring, training, and management of all staff members, promoting a team-oriented environment and providing ongoing professional development opportunities.
• Plan and manage the facility's operations budget, including recommending budgets, expenditures, and appropriations.
• Coordinate with shippers, railways, and other stakeholders to resolve transportation issues and optimize logistics.
• Assist in the development and implementation of grain procurement marketing plans to increase sales.
• Stay informed on industry trends and competitive practices, and establish relationships with key market participants, including ports, suppliers, and traders.

Achievements:

• Project implementation with budget over $ 2 mln in tight deadline in risk environment.
• Handled partnering with Port authority dredging berths for bringing ocean-going vessels in addition to barges, its enabled to increase capacity turnover from 40 k mt to 60 k mt by monthly.
• Maximized logistic operations of terminal enabled return investments faster by 6 months vs budgeted terms.

Joined Sierentz at its inception to set up the Black Sea Risk Management department, which grew to 4 employees. Initially focused on the Black Sea, the team eventually expanded to a global scope:

• Credit Risk Management: performed complex credit risk activities, independently managed high-risk customer portfolios using advanced knowledge, approved high-value limits, and identified issues while assisting with investigations of credit exposures and accounts receivable.
• Due Diligence and KYC: conducted comprehensive due diligence to ensure compliance with AML regulations, prevent facilitation of tax evasion, and manage reputational risks. Utilized open-source research for effective KYC and AML practices. provided guidance to other KYC team members and engaged directly with counterparties and internal stakeholders globally.
• Risk Management Framework: Designed and implemented comprehensive risk management policies and procedures
• Contract Negotiation: supported the negotiation and execution of netting agreements, master trading agreements, credit clauses, and security instruments.
• Risk and Trend Analysis: conducted analysis to identify and evaluate client, competitor, and industry risks and trends.
• Data Interpretation: analyzed data to detect patterns and provide actionable insights and recommendations.
• Market Validation: regularly reviewed and validated market and volatility curves for accuracy in risk reporting.
• Risk Reporting: led the communication of current risk exposures, managed risk controls, and assessed the effectiveness of risk management strategies.

Achievements:

• Developed risk ecosystem, risk matrix and designed the risk procedures for Black See region that prevented enormous risk incidents.
• Created and Implemented Credit Policy for Third-Party and Storage Selection: monitored and managed operations resulting in the origination of 7 million tons annually worldwide.
• Created reports showing Market & Credit exposure of daily operations that enabled efficient control and streamlined decisions making process.

Lead and develop credit risk with applying best practice Risk Management:

• Assessed creditworthiness, performed financial forecasting and modeling, conducted interim reviews and prescreening for clients, and executed comprehensive KYC to prevent tax evasion and manage reputational risks.
• Led the development of processes and procedures in accordance with regulatory requirements and global policy standards.
• Participate in business customer solution teams with focus on offering financial solutions to customers
• Organized and supported the collection process, including regular meetings on receivables status, actions taken, proposals, and reserves, ensuring compliance with global requirements.
• Prepare and distribute accurate and timely position reports for commodity, and counterparty risks to the multiple stakeholders including the trading team, commercial team, other Finance functions, Cargill Risk Committee

Achievements:

• Developed local credit risk functions and policies, including procedures for non-residents (offshores) based on AML, OECD, and BEPS requirements, and adapted global KYC policies to local regulations, resulting in a 25% improvement in time-to-yes.
• Created and implemented collection process resulting in a 40% reduction in bad debts that brings cash entrance of $23 mln.
• Implemented segmentation and automated daily monitoring of counterparty portfolio that allowed to identify/manage threats on early stages and address necessary actions.

Managed corporate loan portfolio amounted $ 600 mln and being member of Credit Committee.

• Supervising the activities of the risk department - defining and applying the processes, procedures and methods for risk analysis and assessment, developing.
• Financial analysis of borrowers (fin. model, fin. results, external- and internal business risks, financial streams, mortgage) with the purpose of determination and minimization of the risks accepted by bank at the grant of financing
• Proactively shares the risk appetite with the account management function to maintain a common risk culture, including providing guidance on the structuring of the facilities (covenants, tenors).
• Participates in projects (internal, regulatory) and deliverables (reporting, audits)

Achievements:

• Improved collection process that reflected on decreasing bad debt on 4% (from 7% to 3%, recovered $ 27 mln).
• Designed consolidated spreadsheets for Group of companies, increasing the accuracy of risk assessment by 30%.
• Improved and automated risk management decision making process on 20%

• Review and analyze financial and market information in order to prepare comprehensive credit analysis of existing prospective borrowers.
• Support credit approval process: preparation of transaction, capital and credit approval (CA) memos for annual reviews and episodic transactions.
• Conduct monitoring of credit facilities through regular annual reviews and periodic quarterly reviews, and ensure proper reflection of risk ratings, obligor classification and facilities in credit systems.
• Perform industry studies and stress-testing for the borrowers, as may be required.
• Support the marketing process: preparation of customer presentations, market analysis, placemats, etc.
• Financial analysis of borrowers (fin. model, fin. results, external- and internal business risks, financial streams, mortgage) with the purpose of determination and minimization of the risks accepted by bank at the grant of financing;
  
• Review of applications for bad loan restructuring (investigation of reasons, financial analysis, collateral structure review, proposals as to individual conditions and recommendations subject to business specifics, negotiations with clients);
• Quality analysis of main banks credit products;
• Reviewing operational procedures and guidelines;

Achievements:

• Development and approval of loan outstanding restructuring models;
• Development of Bylaw on loan restructuring for SME clients.