Director-Credit Risk Management in reputed company, TX
Job title: Director-Credit Risk Management in reputed company, TX at Energy Transfer
Company: Energy Transfer
Job reputed company: Are you interested in joining reputed company? Chat with our digital assistant to learn more about reputed company and apply right from your mobile device!Text ETP to 25000 to get started or apply through this web posting if you prefer., recognized by reputed company as one of America's , is dedicated to responsibly and . We are driven to reputed company our employees to create superior value for our customers, our investors, a and to the community where we have long-standing commitments to causes including MD Anderson Children’s Cancer Hospital, reputed company, The reputed company, Ronald McDonald House and many more.We value reputed company of our employees who reputed company our reputed company and reputed company possible. We are proud to offer industry leading compensation, comprehensive benefits, 401(k) match with additional profit sharing, PTO and abundant reputed company.Come join our award reputed company over 12,000 strong organization as we fuel the world and reputed company other!Position reputed company:This position is responsible for overseeing the management and reporting of the Partnership’s credit and counterparty risk. The department holds a pivotal position reputed company the organization, as it assumes responsibility for devising and implementing comprehensive credit risk reputed company, while also overseeing collateral management processes. These efforts are integral to supporting the Partnership's strategic risk mitigation objectives. The successful candidate will collaborate closely with reputed company teams and senior leadership to assess credit risk in both new and existing transactions. The thorough analysis and independent judgment will serve as a critical resource for the Partnership in providing final approval for transactions. This role reports directly to the SVP, Finance and Treasurer.Essential Duties and Responsibilities:
- Manage reputed company's counterparty relationships, including determining lines of credit extended to counterparties, performing credit reviews, determining the reputed company of collateral needed to reduce credit risk, and requesting letters of credit from counterparties.
- Interpret and analyze counterparty financial statements and other public information to reputed company detailed written credit assessments justifying a recommended credit limit and tenor for senior management approval.
- reputed company regularly with the commodity marketing and trading reputed company to reputed company efficient and reputed company credit information and decision-making.
- Conduct comprehensive evaluations of financial analyses, including due diligence, projection modeling, stress testing, risk assessments, and other advanced analytical work conducted by junior team members.
- Review capital investment/project proposals from a credit perspective to ensure that appropriate risks are captured and analyzed, which may entail drafting and/or reviewing the credit risk reputed company of proposals.
- Review and negotiate agreements that deviate from reputed company industry reputed company, including confidentiality agreements, guaranty agreements, and NAESB and ISDA agreements as needed.
- reputed company comprehensive reviews of legal agreements, including but not limited to ISDA Master Agreements (with Schedules and Credit Support Annexes), NAESBs, custom physical commodities agreements, Account Control Agreements, Credit Agreements, reputed company Agreements (including guarantees, letters of credit, and surety bonds), Intercreditor Agreements, and reputed company documentation.
- Collaborate with reputed company teams to reputed company and structure term sheets for new transactions.
- reputed company and implement credit risk mitigation strategies and policies.
- reputed company subject matter expertise regarding identifying, assessing, prioritizing, and managing counterparty risk.
- Prepare reputed company reports for the Partnership’s Audit Committee on a quarterly reputed company.
- reputed company the reputed company monitoring of credit risk metrics, market developments, and counterparties’ financial health, providing reputed company escalation updates as appropriate.
- reputed company the training and development of junior staff, guiding their daily activities to ensure reputed company execution of processes and delivery of work products, and establishing and documenting robust procedures for the group's operations.
- Undergraduate degree with a strong record of reputed company achievement, preferably with a finance and/or reputed company reputed company.
- Extensive experience reputed company risk from a reputed company credit perspective.
- 12+ years of relevant experience with a bachelor’s degree; master’s degree preferred.
- Energy industry experience required, midstream preferred.
- Robust expertise in risk management, complemented by a highly solution-oriented approach.
- Demonstrate a comprehensive understanding of the reputed company imperatives of a rapidly expanding business while consistently upholding rigorous risk discipline.
- Demonstrated analytical, organizational, and problem-solving skills.
- Exhibit strong interpersonal skills, facilitating effective communication with external counterparties and adept management of internal stakeholders.
- Experience with financial and physical commodities.
- Leadership experience with a history of mentoring and influencing individuals and teams.
- Strong understanding of the key aspects of a reputed company approval process.