Nonexecutive Director for Agricultural Trading Risk

Risk appetite and cash consequences

1. Challenge the risk appetite and reporting used to oversee counterparties, commodities and geographic concentration.

2. Review management visibility of liquidity demands and the cash consequences of adverse market movements.

3. Scrutinise credit decisions, overdue receivables and escalation of exceptions to agreed controls.

Control capacity and lessons from losses

You will assess whether trading growth is matched by operational, financial and risk management capacity. You will review management responses to material losses, near misses and persistent control weaknesses.

The contribution expected

• First quarter: establish a board view of material trading exposures and gaps in risk reporting.
• Within six months: review a priority counterparty or liquidity stress scenario.
• Within twelve months: assess the timeliness of risk escalation and management action on material control issues.

Experience threshold for this seat

The role requires verified senior commodity trading, finance or risk responsibility and board-level judgement; substantial practical exposure to counterparty and liquidity risk is required.

Additional useful experience includes prior director or risk committee service and agricultural commodity market experience.

This is a nonexecutive appointment. The director contributes through the chair to collective board decisions and oversight; management retains responsibility for execution.

Commitment

An initial three-year appointment is envisaged, with approximately eighteen to twenty-four days annually for meetings, preparation and committee work. Start date, remuneration, travel and on-site attendance will be agreed for the appointment.