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