Job Abstract

.Phillips 66 & YOU - Together we can fuel the future

The Director, Trade Finance & Commercial Credit is responsible for developing panel of credit risk transfer and trade working capital providers, maintain counterparty level availability and pricing of current risk transfer on targeted portfolio.  Supervise commercial credit analysts in execution of credit monitoring and over credit limit resolution.  Execute risk mitigation as required to maintain compliance with management risk appetite.

Responsibilities May Include:

• Lead the development and maintenance of a panel of risk transfer providers and current availability and pricing of risk by counterparty name
• Identify banks, credit risk insurance underwriters, and others to provide credit risk transfer and working capital on trade accounts receivable 
• Identify, develop, negotiate, and manage committed and uncommitted facilities with risk transfer providers
• Collaborate with business units to understand business needs and identify specific use cases for risk transfer tools
• Assist in monitoring credit portfolio thresholds
• Execute risk mitigation transactions as required to maintain management risk appetite and liquidity objectives
• Supervise team of commercial credit analysts providing policy guidance, monitoring, and resolution of over-credit limit conditions as well as opportunities for skills development 

Required Qualifications:

• Legally authorizied to work in job posting country
• Bachelors in Business or Business Related Field 
• Experience negotiating with banks, placing credit risk insurance policies, and/or trade finance facilities
• Previous experience in corporate finance, credit, and contract negotiation
• Supervisory Experience

Preferred Qualifications:

• MBA or Masters in Accounting
• SAP experience
• Strong economic modelling skills
• Team player but also able to manage own workload with focus on key daily tasks
• Flexible attitude
• Commitment to accuracy
• Able to encourage continuous improvement
• Able to excel in an environment of constantly changing priorities
• Strong verbal and written communication skills

Total Rewards

At Phillips 66, providing access to high quality programs and care for you and your family is important to us. Maintaining a culture of well-being — physical, emotional, social, and financial — is essential for a high-performing organization. When we are at our best, we are poised to deliver exceptional results — personally and professionally. Benefits for certain eligible, full-time employees include:

• Annual Variable Cash Incentive Program (VCIP) bonus
• 8% 401k company match
• Cash Balance Account pension
• Medical, Dental, and Vision benefits with an annual company contribution to a Health Savings Account for employees on HDHP
• Total well-being programs and incentives, including Employee Assistance Plan, well-being reimbursement, and backup family care services

Learn more about Phillips 66 Total Rewards.

Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together. We have been recognized by the Human Rights Campaign, U.S. Department of Labor and the Military Times for our continued commitment to inclusive practices and policies in the hiring and retention of those in the LGBTQ+ community and military veterans. Our company is built on values of safety, honor and commitment. We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviors: We work for the greater good, create an environment of trust, seek different perspectives and achieve excellence.

Learn more about Phillips 66 and how we are working to meet the world's energy needs today and tomorrow, by visiting phillips66.com.

To be considered

In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of 07/17/2024.

Candidates for regular U.S. positions must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a) or 1255(a)(1).  Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.