Senior Analyst, Credit - Commercial

Phillips 66 - Houston, TX

Full-time - Mid Level

Houston, TX

Gasoline Stations and Fuel Dealers

About the position

The Senior Credit Analyst plays a crucial role in the Commercial Creditanization team, supporting commercial trading activities and managing counterparty credit. This position involves monitoring credit exposure, assessing new counterparties, negotiating credit enhancements, and collaborating with various teams to ensure sound credit decisions are made.

Responsibilities

• Utilize internal exposure reporting, accounts receivable, deal capture, and scaling systems to monitor and manage counterparty credit exposure.
• Review and assess new counterparties and/or new deals for existing counterparties.
• Identify and communicate drivers of credit risk and make sound judgments to support credit exposure decisions as necessary.
• Negotiate credit enhancements such as parent company guarantees and letters of credit.
• Partner with Commercial and Credit Evaluations team to recommend or approve credit limits for new and existing counterparties.
• Provide detailed account status updates for management as necessary.
• Work with Legal and Accounting personnel to resolve collection issues, bankruptcies, and bad debt.

Requirements

• Legally authorized to work in the job posting country
• Bachelor's degree or higher

Nice-to-haves

• Degree in Finance or Accounting
• Proficiency with SAP
• 5+ years of experience providing credit support in the energy industry, specifically in the power and natural gas sector
• Ability to work autonomously and to engage effectively as part of a team under the demands of a fast-paced environment
• Experience with financial statements or financial statement analysis
• Excellent communication skills and comfort working with people at all levels both internally and externally
• An innovative mindset able to understand the use of contractual terms, letters of credit, and guarantees

Benefits

• Annual Variable Cash Incentive Program (VCIP) bonus
• 8% 401k company match
• Cash Balance Account pension
• Medical, Dental, and Vision benefits with an annual company contribution to a Health Savings Account for employees on HDHP
• Total well-being programs and incentives, including Employee Assistance Plan, well-being reimbursement, and backup family care services