Job Posting for Credit Risk Analyst at PEMEX Deer Park
PEMEX Deer Park is a highly complex refinery located 18 miles east of Houston in Deer Park, TX, and is a part of the PEMEX group which is a fully integrated oil company in the Americas, working across the entire value chain: exploration, production, industrial processing/refining, logistics and marketing. PEMEX Deer Park provides a diverse and inclusive work environment that employs approximately 1000 employees with another 1200 contractors on site. The refinery’s rated capacity is 340,000 barrels per day and has the feed flexibility to process multiple grades of crudes to produce the high-quality transportation fuels the world needs. The PEMEX Deer Park site is co-located with other 3rd party chemical facilities allowing for further integration and optimization of the refinery and its products. We set high standards of performance and ethical behaviors and offer challenging and fulfilling job opportunities in a number of fields. We take great pride in our ability to ensure the health and safety of our workers and the environment while being a good neighbor and have a positive impact on the local community where we work.
BENEFITS: We value /our employees’ time and efforts. Our commitment to your success is enhanced by our competitive compensation and an extensive benefits package including paid time off, medical, dental, and vision benefits, and future growth opportunities within the company. Plus, we work to maintain the best possible environment for our employees, where people can learn and grow with the company. We strive to provide a collaborative, creative environment where each person feels encouraged to contribute to our processes, decisions, planning and culture.
Scope:
100 customers and strategic suppliers
$11bln annual revenues
$1.2bln annual spend
Responsibilities:
Develop strategies to maintain effective credit risk management, including methodology and format for conducting risk assessment of major counterparties
Evaluate financial strength and creditworthiness of counterparties and identify appropriate credit limit and security requirements to manage credit exposure
Responsible in ensuring compliance with all processes to keep credit exposures within the limit, including timely receipt of funds, standby letter of credit or other forms of guarantee where these are required
Actively monitor external events that can adversely impact financial performance and position of counterparties, including managing the implementation of third-party credit monitoring tools
Support continuous improvement activities including the elimination, simplification, standardization and automation of processes to promote effective, efficient and real-time credit exposure monitoring
Collaborate closely with other internal teams to ensure end-to-end controls for physical and financial transactions (derivatives) remain effective
Maintain relationship with financial counterparties/banks involved in Trading
Regularly connect with general partner on due diligence activities and legal reviews
Manage reporting to senior management on exposures, utilization vs limits and exceptions/control breaches.
Develop and maintain the internal credit risk assessment tool and track changes in credit history for each counterparty
Maintain awareness of tools, techniques and best practices in credit risk management and develop fit for purpose applications for the company
Part of the Deer Park finance pool to allow opportunities to support projects, allocated based on development needs and workload
Qualifications:
Bachelor’s degree in accounting, business or finance required
10 years’ credit risk experience
Strong knowledge and use of SAP, MS Excel and PowerPoint
Excellent written and verbal communication skills
Ability to interpret contract language
Analytical and organization skills
Attention to details
Continuous improvement mindset
Refinery experience a plus
Salary.com Estimation for Credit Risk Analyst in Deer Park, TX
$68,133 to $89,659
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