Responsible for the assessment and management of Vitol’s credit risk with counterparties located in the Americas, in tight coordination with credit teams. Supporting different matrices - crude oil and products, power and gas, renewables, for an assigned portfolio of counterparties and projects, working closely with trading, legal, compliance and other finance functions.
Utilizing language ability in Spanish or Portuguese to perform quantitative and qualitative assessments of counterparts and proposing adequate credit limits, and provide support to commercial teams on the assessment of credit risks.
Negotiating of credit provisions within commercial and credit support agreements. Providing surveillance of the portfolio, notifying Credit and Trading managers of any significant event. Implementing adequate risk mitigation solutions, including sale of receivables and use of credit risk and performance risk insurance. Supporting commercial and business development teams in the structuring and monitoring of complex structures across the region. Preparing global sectorial exposure reports for senior management team. Managing and developing relationships with credit teams of trading counterparties.
Bachelor’s degree or foreign equivalent in Business Administration, Finance, or a related financial field and 3 years of experience in credit risk management or settlement risk management in an energy or financial institution OR Master’s degree or foreign equivalent in Business Administration, Finance, or a related financial field and 1 year of experience in credit risk management or settlement risk management in an energy or financial institution.
Experience to include (3 years with Bachelor’s or 1 year with Master’s) in:
Language requirement: Spanish or Portuguese to read financial statements and contracts which are essential to performing the position.
Worksite: 3425 W Alabama St., Houston, TX, 77027; 40 hours/week;
Comprehensive benefit coverage includes:
All your information will be kept confidential according to EEO guidelines.
Job details are sourced from the employer's original posting.
Open job postingAbout the company
We are the world’s largest independent energy and commodities trading company. Every day we use our expertise and logistical networks to distribute energy around the world, efficiently and responsibly. From 40 offices worldwide, we seek to add value across the energy supply chain, including deploying our scale and market understanding to help facilitate the energy transition. To date, we have committed over $1 billion of capital to renewable projects, and are identifying and developing low-carbon opportunities around the world. Our people are our business . Talent is precious to us and we create an environment in which individuals can reach their full potential, unhindered by hierarchy. Our team comprises more than 65 nationalities and we are committed to developing and sustaining a diverse work force.  Learn more about us here . ATB is owned by Vitol and it is the 7th crude refinery plant in Malaysia. Located at Pontian, Johor Darul Ta'zim, the 32kbpd refinery, is well-positioned to supply both the local bunkering and growing energy markets across the region. The refinery neighbours VTTI-owned ATB terminal which includes over 1m m3 storage as well as 6 onsite jetties and can accommodate any size or type of tanker. This unique positioning enables us to offer our customers a secure and fully integrated supply chain, from production and blending of quality marine fuels, to storage and delivery. Designed to be highly energy-efficient, the refinery deploys state-of-the-art technology including a distillation unit with a prefractionation column.