Sr Credit Manager - Bulk Supply & Crude at CITGO Petroleum Corporation in Houston, Texas

Job Description:

CITGO PETROLEUM CORPORATION

CITGO Petroleum Corporation is a recognized leader in the refining industry and operates under the well-known CITGO brand. CITGO owns and operates three refineries located in Lake Charles, LA.; Lemont, IL.; and Corpus Christi, TX, and wholly and/or jointly owns 38 active terminals, six pipelines and three lubricants blending and packaging plants. With approximately 3,300 employees and a combined crude capacity of approximately 807,000 barrels-per-day (bpd), positions CITGO as one of the best-branded supplier companies in the industry.

At CITGO our people are our most important resource. Our core values are Safety, Integrity, Respect, Accountability, and Care.

Job Summary

Works to expand the credit limits offered to CITGO by its counterparties. Carries out periodic discussions with key suppliers to provide CITGO financial updates and provide responses to supplier inquiries to assist with transparency. Completes varied complex and detailed financial evaluations for their portfolio, as well as reviewing evaluations presented by their Credit Manager, of domestic and international companies that are or have the potential of becoming customers associated with all CITGO business units. Commits the company to extend unsecured or secured lines of credit within the bounds of the delegation of Authority limits. Determines appropriate credit or financial risk exposure given expected economic returns on transactions with counterparties. Through SAP, RightAngle, and CubeLogic, monitors and manages CITGO's credit exposure to portfolio customers and suppliers. Obtains security from customers as appropriate.

Minimum Qualifications

Requires highest level of financial skills to perform credit analysis; highest level of knowledge of corporate credit management policies; extensive skills to investigate, analyze & evaluate credit, ability to advise others of existing & potential counterparties where growth /restrictions are warranted; strong communication & interpersonal skills to protect company interests; competent to work on most complex projects & recommend changes where needed. Knowledge of Letter of Credit documentary drawing requirements. Basic understanding of UCC and business law. Basic to moderate knowledge of Microsoft Office is required, SAP, Cube Logic and RightAngle knowledge is preferred.

Bachelor's degree required
Minimum 7 years of job-related experience
Role is in office with one day per week WFH

Job Duties

Job Duties II

Job duties displayed above are not all-inclusive, site-specific responsibilities may be assigned.

Job duties displayed above are not all-inclusive, site-specific responsibilities may be assigned.

Here are the incentives we offer:

• Remote Work options available for eligible positions
• Options are department and/or location specific
• 9/80 Work Schedule Option (where applicable)
• Annual Vacation Incentive (40-120 hours of additional pay) for Eligible Employees
• Paid Vacation Time
• Company-Paid Holidays
• Caregiver Leave
• Excellent 401(k) Match
• Pension Plan
• Company-Paid Sick Leave and Long-Term Disability
• Medical, Dental, & Vision Plans; FSA and HSA options
• Company-Paid Life Insurance for Active Employees
• Healthy Rewards Program
• Service Awards Program
• Educational Assistance Plan
• Dependent Children Scholarships
• Reimbursement for Gym Membership
• Employee Discount Programs
• On-site Health Clinic (select locations)
• On-site Cafeteria (select locations)
• On-site Credit Union and ATM (Corporate office only)
• On-site Fitness Center (select locations)

PLEASE NOTE ALL JOBS DO NOT QUALIFY FOR ALL PERKS

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.

Requisition ID - 1152