1 Credit Risk Analyst Job in Deer Park, TX
PEMEX Deer Park is Hiring a Credit Risk Analyst Near Deer Park, TX
We value /our employees’ time and efforts. Our commitment to your success is enhanced by our competitive compensation and an extensive benefits package including paid time off, medical, dental, and vision benefits, and future growth opportunities within the company. Plus, we work to maintain the best possible environment for our employees, where people can learn and grow with the company. We strive to provide a collaborative, creative environment where each person feels encouraged to contribute to our processes, decisions, planning and culture.Scope:
- 100 customers and strategic suppliers
- $11bln annual revenues
- $1.2bln annual spend
- Develop strategies to maintain effective credit risk management, including methodology and format for conducting risk assessment of major counterparties
- Evaluate financial strength and creditworthiness of counterparties and identify appropriate credit limit and security requirements to manage credit exposure
- Responsible in ensuring compliance with all processes to keep credit exposures within the limit, including timely receipt of funds, standby letter of credit or other forms of guarantee where these are required
- Actively monitor external events that can adversely impact financial performance and position of counterparties, including managing the implementation of third-party credit monitoring tools
- Support continuous improvement activities including the elimination, simplification, standardization and automation of processes to promote effective, efficient and real-time credit exposure monitoring
- Collaborate closely with other internal teams to ensure end-to-end controls for physical and financial transactions (derivatives) remain effective
- Maintain relationship with financial counterparties/banks involved in Trading
- Regularly connect with general partner on due diligence activities and legal reviews
- Manage reporting to senior management on exposures, utilization vs limits and exceptions/control breaches.
- Develop and maintain the internal credit risk assessment tool and track changes in credit history for each counterparty
- Maintain awareness of tools, techniques and best practices in credit risk management and develop fit for purpose applications for the company
- Part of the Deer Park finance pool to allow opportunities to support projects, allocated based on development needs and workload
- Bachelor’s degree in accounting, business or finance required
- 10 years’ credit risk experience
- Strong knowledge and use of SAP, MS Excel and PowerPoint
- Excellent written and verbal communication skills
- Ability to interpret contract language
- Analytical and organization skills
- Attention to details
- Continuous improvement mindset
- Refinery experience a plus
Job Summary
Full Time
$63k-83k (estimate)
02/02/2024
05/22/2024
The job skills required for Credit Risk Analyst include Credit Risk, Risk Assessment, Attention to Detail, Accounting, PowerPoint, Futures, etc. Having related job skills and expertise will give you an advantage when applying to be a Credit Risk Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Credit Risk Analyst. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Credit Risk Analyst positions, which can be used as a reference in future career path planning. As a Credit Risk Analyst, it can be promoted into senior positions as a Letter of Credit Officer that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Credit Risk Analyst. You can explore the career advancement for a Credit Risk Analyst below and select your interested title to get hiring information.
Similar Jobs
Popular Articles
