Metro Manila, National Capital Region, Philippines
Experienced Credit Specialist with a demonstrated history of working in the oil & energy industry. Skilled in Negotiation, Analytical Skills, Management, SAP ERP, and Payments. Strong professional with a Bachelor of Science in Business Administration Major in Marketing Management focused in Credit Management from De La Salle University - Dasmariñas.
Responsible in the mitigation of credit and regulatory risk by monitoring exposure levels versus collateral balance. Experienced in Gas & Power and Derivatives Products. Investigation and root cause analysis of margin disputes including use of portfolio reconciliations. Ensure that all procedures and checklists are kept current and meet the requirements of the department, Internal Audit, external regulators and Operations Risk and Control Responsible for creation and implementation of training plan to ensure cross training and knowledge transfer to other team members; providing seamless coverage to the desk, internal stakeholders, our clients and counterparties. Understanding of existing and industry regulations such as Variation Margining for EMIR. Understanding Life of a Deal
*Responsible risk assessment of customers, negotiating and managing security arrangements *Establishment of credit limits and risk ratings with necessary MOA and the analysis of the overall credit exposure. *Responsible for the re-assessment of credit-worthiness of customers based on re-evaluation triggers, and timelines. *Provide authorized approval for the release of blocked orders under given Manual of Authority *Manage security arrangements to ensure timely actions taken to renew or replace expiring security instruments. *Coordinates with Onshore Partners (i.e.: Credit Committee) and local teams in aid of Credit Review, Issue Resolution, Remediation and Progress Reporting. *Reporting assignments, Prepares KPI reports to the Team Manager and/or Senior Team Manager *Supports Operations as a Critical Staff when Business Continuity Plan (BCP) is invoked *Credit Management SOX Internal Control Self-Tester
*Chasing payments for delinquent accounts and Current accounts. *Negotiation of payments *Reporting *Reconciliation of Account *Resolves issues by assessing customer needs and offering alternatives or solutions
*Handles cash and check deposits, withdrawals and encashment *Ensures that transactions made on the day and cash on hand are balance.