Summary
Overview
Work History
Education
Skills
Timeline
BusinessAnalyst

Laure de Soualhat

Middle-office Trade Manager
London

Summary

I am an experienced Manager with a career in multi-cultural trading environment, focused on commodities. I have developed my skills along the years in multiple functions from back-office to front office roles. I have been exposed to various challenges enhancing my knowledge which I have demonstrated into:

- Financial Reporting functions: cash-flow projections, position and P&L reporting ;

- Control functions: KYC compliance, risk-mitigation and due-diligence ;

- Commercial functions: strategy, sales planning, market shares, consolidation of customers relationships, contracts drafting ;

- Operation functions: logistic inland and seaborne, warehousing, stocks controls and inventory, supervision ;

- Management functions: on-boarding staff, conduct training, motivation, KPI assessment, personal growth to improve engagement and performance ;

- by being a contact person: working as a liaison officer between front accounting and back-office staff for specific matters/issues.

Team leader, organized and successful at managing multiple priorities positively, customer relationship oriented, staff training and development.

Overview

31
31
years of professional experience
7
7
years of post-secondary education
3
3
Languages

Work History

Middle Office Manager

ENERFO SUGAR LTD
London
01.2019 - 01.2023
  • Reconciled futures position daily, calculated and reported P&L to stakeholders.
  • Run physical daily P&L across raw/white sugar books: London, Brazil, Dubai.
  • Review and reconciliation of valuation, costs allocations across multiple Sugar books.
  • Assist contracts' issuance, management and compliance, tracking reports, system implementation (ITAS).
  • Key-contact person at month-end for accounting checks and reviews in collaboration with the Head-office requirements.
  • Coordinated cash-flow projection reporting for Risk/Cash management Team

Contract Manager

ALVEAN SUGAR S.L. BILBAO
Geneva
01.2014 - 01.2019
  • Led an offshore team of 5 dedicated to Contracts drafting.
  • Training on specific contracts' systems.
  • Onboarding and education on sugar contracts terminology, follow-up.
  • Process and procedures' reviews to respect alignment within the Business Unit, implementation of new rules.

Contract and Position Manager

CARGILL INTERNATIONAL
Geneva
01.2011 - 01.2014
  • Led a team, on-site, of 5 responsible for Position P&L and Contracts plus an offshore Team based in India.
  • Supervised futures and physical daily P&L reconciliation, reporting and analysis of results.
  • Run accurate administration of its reconciliation through in-house systems (GTPS).
  • Responsible for issuance and review of raw/white contracts worldwide.
  • Conducted annual performance reviews, discussed KPI, providing constructive feedback for individual development.

Consultant

Self-employed
London, Paris
01.2009 - 01.2011

- Conducted thorough market research and analysis, project's feasibility, data collection providing valuable insights for client decision making with a focus on soft commodities:

Business plan for the creation of a sugar operation: physical and futures for a soft commodity trading Company based in Geneva.

Study the biomass market, analysis of potential synergies between the Russian and English markets.

Senior Physical Sugar Trader - Black Sea Area

ED&F MAN SUGAR LIMITED
London
01.2005 - 01.2009
  • Responsible for developing trading opportunities for the raw sugar book: 500,000 metric tons/year with market shares increased in Russia and Ukraine, opened in Bulgaria and Romania.
  • Collaboration and overview from origination to the final clients through back-office, risk, finance teams.
  • Extensive travels in the area.

Physical Sugar Trading Manager - Russia

ED&F MAN SUGAR LIMITED
London
01.2001 - 01.2005
  • Developed and organised the raw sugar portfolio for the Russian Desk: data collection, supply/demand analysis, strategy enhancement.
  • Sales to different Russian Trade houses/importers on C&F basis.
  • Supervised the delivery of 150,000 metric tons of raws to Man's sugar factories.

Drove volume growth from non-existent to around 500,000 metric tons in 4 years.

Operations Manager - Russian Desk

ED&F MAN SUGAR LIMITED
London
01.1998 - 01.2001
  • Key -account manager with different CIS offices, clients' relationships on Contracts' execution; from drafting to full documentation, financial aspects to goods' delivery.
  • Run the daily supervision of Operations: Refinery planning: supply put throughs versus productions, warehouse in and out operations, supervision of inventory datas, coordination with Head-office managers and reporting for senior management review.

Head of the Operations Department

SUCDEN M. (Moscow) part of Sucres et Denrées Group
Moscow
01.1994 - 01.1998

- Lead a team of 8 subject matter experts respectively in charge of the imports of raw/white sugar through sea ports, inland transportation to final customers or warehouses in-house operators, warehousing monitoring, cargo insurance, planning and despatch of the clients' goods, call forwards, organisation or rail transports, trucks delivery, Quality assessment, dispute mitigation, compliance and KYC checks.

  • Coordinated and overviewed the importation of 500 to 800,000 metric tons of white and raw sugar/year: Sea transport - Trains - Trucks intra-countries and C&F Russsia/Kazakhstan.
  • Worked as the relationship account manager with the Russian banks (lines usage, collateral, renewals).

White Sugar Desk - Operator

SUCDEN M. (Moscow) part of Sucres et Denrées Group
Moscow
01.1992 - 01.1994

Team of 5 subject matter experts

  • Participate, accompany and support operational changes from Joint-venture French - Russian Entity to a full russian Subsidiary.
  • Implement middle and back-office desk: hiring selection, recruitment, implementation of the activity: processes and best practices in coordination with Paris Head-office guidance, reporting.
  • Head the Execution Team: call forwards on goods, logistic in land and overseas, warehouses' operations monitoring, supervision and reporting, clients' accounts follow-up, financial exposure.

Managed, handled up to 350,000 metric tons / Year.

Education

Master of Foreign Affairs Specialised in The Eastern European Countries And The USSR. (DEA) - Russian, Economics, Foreign Affairs

INSTITUT NATIONAL DES LANGUES ET CIVILISATIONS ORIENTALES (INALCO)
Paris
09.1988 - 09.1990

Master of Russian studies: Option USSR, Bachelor Degree. -

INSTITUT NATIONAL DES LANGUES ET CIVILISATIONS ORIENTALES (INALCO)
Paris
09.1987 - 09.1988

Degree in Russian language (BA level) Option: "Contemporary studies" -

INSTITUT NATIONAL DES LANGUES ET CIVILISATIONS ORIENTALES (INALCO)
Paris
09.1985 - 09.1987

Two years of an International Trade Finance degree -

Dauphine University
Paris
09.1986 - 09.1988

Skills

Marketing

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Timeline

Middle Office Manager

ENERFO SUGAR LTD
01.2019 - 01.2023

Contract Manager

ALVEAN SUGAR S.L. BILBAO
01.2014 - 01.2019

Contract and Position Manager

CARGILL INTERNATIONAL
01.2011 - 01.2014

Consultant

Self-employed
01.2009 - 01.2011

Senior Physical Sugar Trader - Black Sea Area

ED&F MAN SUGAR LIMITED
01.2005 - 01.2009

Physical Sugar Trading Manager - Russia

ED&F MAN SUGAR LIMITED
01.2001 - 01.2005

Operations Manager - Russian Desk

ED&F MAN SUGAR LIMITED
01.1998 - 01.2001

Head of the Operations Department

SUCDEN M. (Moscow) part of Sucres et Denrées Group
01.1994 - 01.1998

White Sugar Desk - Operator

SUCDEN M. (Moscow) part of Sucres et Denrées Group
01.1992 - 01.1994

Master of Foreign Affairs Specialised in The Eastern European Countries And The USSR. (DEA) - Russian, Economics, Foreign Affairs

INSTITUT NATIONAL DES LANGUES ET CIVILISATIONS ORIENTALES (INALCO)
09.1988 - 09.1990

Master of Russian studies: Option USSR, Bachelor Degree. -

INSTITUT NATIONAL DES LANGUES ET CIVILISATIONS ORIENTALES (INALCO)
09.1987 - 09.1988

Two years of an International Trade Finance degree -

Dauphine University
09.1986 - 09.1988

Degree in Russian language (BA level) Option: "Contemporary studies" -

INSTITUT NATIONAL DES LANGUES ET CIVILISATIONS ORIENTALES (INALCO)
09.1985 - 09.1987
Laure de SoualhatMiddle-office Trade Manager