Senior Credit Analyst

PBF Energy • Parsippany, NJ

1d • $88,425 - $145,780 • Onsite

About The Position

Senior Credit Analyst PBF Energy Inc. (NYSE:PBF) is one of the largest independent refiners in North America, operating through its subsidiaries, oil refineries and related facilities. We are seeking a talented Senior Credit Analyst to join our team as a pivotal member that would play a key role here at PBF Energy. This role would be located onsite at our Company headquarters in Parsippany, NJ. The Senior Credit Analyst is responsible for carrying out the credit and collection policies and procedures intended to mitigate credit risk while maximizing cash flow.

Requirements

• Bachelor’s degree in Finance or Accounting
• Minimum of 5 years experience in commercial credit.
• Strong financial statement analytical skills with a keen attention to details
• Able to perform in high pace environment
• Excellent communication (oral and written) and interpersonal skills with tenacious and results oriented attitude with utmost integrity
• Proficient in Excel and other Microsoft applications including Outlook, Word and PowerPoint.

Nice To Haves

• Familiarity of petroleum industry a definite plus
• Knowledge of SAP, RightAngle, and CubeLogic a plus

Responsibilities

• Manage a portfolio of high visibility accounts in establishing, monitoring and controlling credit exposures
• Obtain and analyze credit data and financial statements of new and existing customers to determine credit worthiness & financial soundness of each counterparty, rate credit risk and recommend credit limits
• Determine appropriate levels of credit security such as corporate guarantees, letters of credit and collateral and negotiate those instruments with counterparties.
• Ensure the accuracy and timeliness of such security is properly maintained
• Work closely with Commercial, Contracts Admin and Legal to ensure that transactional documents and contracts are kept current and accurately represent the transactions entered into.
• Monitor portfolio to identify opportunities that will improve cash flow.
• As part of the regular portfolio review process, detect delinquent accounts and communicate to appropriate parties or management
• Collaborate with our counterparties and internal departments including commercial, customer care, billing and cash application to identify and resolve disputes
• Proactively evaluate portfolio and act on changes in counterparty creditworthiness and financial standing and determine level of credit capacity as it compares to potential sales volumes thereby maximizing revenue while mitigating financial risk
• Contribute to the preparation of periodic reports for use in daily credit evaluations and planning and for management distribution
• Work with commercial in determining anticipated product movements, forecast credit exposures and execute the approval of such movements while adhering to the credit requirements
• Develop and maintain strong rapports with counterparties through regular contacts including personal visits to counterparties’ sites
• Participate in a continuous improvement culture by regularly evaluating existing processes and propose changes that will enhance the productivity and effectiveness of the credit department in the areas of risk mitigation, internal controls and cash flow
• Special projects as assigned

Benefits

• In addition to salary, PBF offers a comprehensive benefits package which includes bonus eligibility, health care, retirement benefits, and paid time off.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior