Credit Manager

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

Responsible for managing and monitoring all the credit aspects of an assigned portfolio of customer accounts in a manner that is consistent with CITGO's values, policies and procedures, and supports maximizing profits without exposing CITGO to outsized risk.

Commits the company to provide unsecured, partially secured, or fully secured lines of credit up to 3MM.

Exercises continuous control of customer account balances within established terms and limits.

Establishes and maintains strong relationships with internal and external stakeholders, including but not limited to customers and CITGO Marketing.

Collaborates with cross functional teams for strategic and problem solving purposes.

Engages in knowledge sharing activities regarding credit matters, when and where appropriate.

Assists manager in his and her respective duties through recommendations involving procedures and standards.

Minimum Qualifications



* Bachelor's degree


* 3 years of job related experience


* Requires high level of financial skills to perform risk and reward and trend analysis


* High level of knowledge of corporate credit management policies, skills to investigate, analyze and evaluate credit


* Ability to advise others of existing and potential customers where growth and restrictions are warranted


* Strong communication and interpersonal skills to protect company interest


* Competent to work on complex projects and recommend changes where needed


* Minimal supervision


* Basic to moderate knowledge of Microsoft Office is required


* SAP knowledge is preferred

Job Duties



* Assess the creditworthiness of existing and potential customers to determine appropriate credit lines, while maintaining a risk and reward balance.

Approved credit lines up to delegated level of authority, and specific advice and recommendation to approve credit lines that exceed the delegated level of authority and or to approve unusual credit arrangements, such as non-standard payment terms, among others.

Conduct periodic and ad hoc credit evaluations on existing accounts within the framework established by CITGO Credit's policies and procedures and adjust approved credit lines as needed.


* Control customer account balances within established term...