What are the responsibilities and job description for the Associate Analyst - Credit Risk position at Sunoco LP?
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Summary:
We are seeking a detail-oriented and proactive Associate Credit Risk Analyst to join the Sunoco LP Credit Risk Management team, reporting to the Manager - Credit Risk Management. In this role, you will analyze customer creditworthiness, monitor exposure, and assist in developing risk mitigation strategies. Responsibilities include reviewing financial statements, preparing credit assessments, and ensuring compliance with company policies. You will collaborate with internal teams to maintain accurate credit data, resolve issues, and provide recommendations that minimize risk while supporting business growth.
Essential Duties and Responsibilities:
* Analyze and evaluate the creditworthiness of counterparties using financial statements, credit scoring models, and analytical tools.
* Maintain credit system database with accurate counterparty information, credit support documentation, and agency/internal ratings.
* Manage and track collateral such as letters of credit, guarantees, surety bonds, and liens.
* Collaborate with cross-functional teams to provide insights on credit risk.
* Communicate credit decisions to customers and sales teams professionally and promptly.
* Respond accurately and efficiently to counterparty credit-related inquiries.
* Perform additional tasks and projects assigned.
Requirements:
- Bachelor's degree in: Finance, Accounting, Economics, or a related field or equivalent work experience
- Familiarity and experience with credit reporting agencies and credit risk principles.
- Proficient in Excel and Word skills.
- Excellent verbal and written skills with the ability to present complex data clearly.
- Strong analytical and problem-solving skills.
- Detail oriented with a strong ability to identify and mitigate potential credit risks.
- Strong organizational skills and the ability to manage multiple priorities simultaneously.
Required experience is commensurate with the selected job level:
- Associate Analyst level requires a bachelor's degree or equivalent work experience and 0-2 years of relevant experience.
- Analyst level requires a bachelor's degree or equivalent work experience and 2-5 years of relevant experience.
Preferred Qualifications:
- Energy Industry experience is strongly preferred but not required.
Working Conditions:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
- Usually, normal office working conditions.
- Must be able to remain in a stationary position 50% of the time due to prolonged periods of sitting or standing.
- Occasional travel and/or overnight travel may be required.
- Relocation assistance will not be provided
- Working from home is not available in this position
