Analyst - Credit Risk
Position Summary:
The successful candidate will work in the Sunoco LP Credit Risk Management group reporting to the Senior Manager – Credit Risk Management. The Analyst will be involved in daily credit risk activities, special projects as required, and communication with customers and internal accounting, legal, customer service, and marketing groups.
Essential Duties and Responsibilities:
- Perform credit evaluations by analyzing corporate and personal credit reports in order to determine appropriate credit limits and terms
- Analyze corporate and personal financial statements using different credit scoring models
- Analyze parent/subsidiary corporate structure to determine responsibility for credit risk and obtain/negotiate parent guaranties as appropriate
- Determine whether collateral is necessary to reduce credit risk and negotiate collateral appropriate to the risk
- Maintain approved credit limits, counterparty names, guaranties, letters of credit and credit ratings in credit database
- Monitor supporting documentation to keep current, such as guaranties, letters of credit, financial statements, and credit reports to reduce ongoing risk
- Analyze accounts to determine credit holds and sales releases while identifying issues attributing to the account risk.
- Manage the collections function along with the Associate Analyst and maintain the A/R in accordance with due dates, limits and terms
- Identify issue attributing to delinquencies and communicate with sales and management to accelerate the collection process
- Negotiate payment extension with delinquent accounts
- Maintain relationships with outside legal counsel and third party collection agencies as necessary
- Ability to interpret and negotiate credit items in contractual agreements
- Assist with the management of customer relationships
- Provide information for miscellaneous reports on an ad hoc basis
- Be a mentor to Associate Analyst
- Perform any other tasks as assigned
An equal opportunity employer/disability/vet
Energy Transfer is an equal opportunity employer and does not discriminate against qualified applicants on the basis of actual or perceived race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, pregnancy, veteran status, genetic information, citizenship status, or any other basis prohibited by law.
The nature and frequency of the above working conditions and requirements may vary depending on individual operational circumstances. Where feasible, the Partnership will make reasonable accommodations to qualified individuals with disabilities to enable them to perform the essential functions of the job.
DISCLAIMER:
The statements listed in this job posting, which are subject to change, are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.