The Analyst, Credit Risk Management role is responsible for compliance across the enterprise in the areas of credit, risk, collateral management, and contracts. Essential Duties & Responsibilities include: Credit Risk Analysis. Preparing credit and risk analysis. Specific duties include: Preparing due diligence reviews for new or changes to existing contracts Preparing customer credit reviews Identify potential credit exposure issues Prepare collateral, guaranties, and legal documents Identify c...
Buckeye is the premier infrastructure and logistics provider for the world’s energy needs, both today and tomorrow. Since 1886, we have successfully navigated transitions in the way energy has been distributed to continually meet the needs of an evolving market and industry environment. Our people are a critical element to the success and longevity of our operational history and our future as we seek to thrive through the energy transition.
We own and operate a diversified global network of integrated assets providing midstream logistic solutions, primarily consisting of the transportation, storage, processing, and marketing of liquid petroleum products. We are committed to safely and responsibly providing world-class service to meet the continually evolving energy needs of our customers and the communities we serve. As part of this commitment to our customers, we are continually diversifying our platform and service offerings to enable less carbon intensive energy solutions, and undertaking decarbonization efforts on our operations.
Buckeye Partners is currently seeking a Analyst, Credit Risk Management with credit and risk management experience preferably in the Energy Industry to join our team!
A candidate may be offered a position at a more appropriate level depending on their qualifications.
Role Summary:
The Analyst, Credit Risk Management role is responsible for compliance across the enterprise in the areas of credit, risk, collateral management, and contracts.
Essential Duties & Responsibilities include:
- Credit Risk Analysis. Preparing credit and risk analysis. Specific duties include:
- Preparing due diligence reviews for new or changes to existing contracts
- Preparing customer credit reviews
- Identify potential credit exposure issues
- Prepare collateral, guaranties, and legal documents
- Identify collectibility risks of receivables.
- Customer Onboarding. Reviewing and maintaining customer profiles.
- Review transaction activity for accuracy and completeness.
- Relationship Building. Developing and maintaining positive relationships with commercial, customers, accounting, and other relevant parties critical to credit and risk management.
- Technical Knowledge. General understanding of credit-related matters as well as the implications to our polices and processes.
- Internal Controls Compliance. Understanding and applying appropriate accounting principles, practices, and procedures to ensure internal controls compliance.
- Process Improvements. Assisting key stakeholders to develop and implement standards, processes, programs, and best practices.
- And other duties as assigned.
Position Requirements:
- Bachelor's Degree (preferably in Finance or Accounting) OR an equivalent combination of education and experience required.
- +3 years experience in finance required, preferably in the Energy Industry.
- Knowledge of credit/risk management techniques and a proven track record of success in credit/risk markets a plus.
- Exposure to refined products trading and markets is highly desirable.
- Proven track record of identifying gaps in processes and implementing appropriate enhancements.
- Knowledge of refined products with familiarity of Solarc RightAngle and JD Edwards software.
Certificates & Licenses:
Other Skills, Attributes and Abilities:
- In order to be successful in this position, one must be able to multi-task and prepare documentation for higher-level approvals.
- One must be detail-oriented and have excellent analytical skills.
- Advanced communication skills (written, oral as well as presentation) are also required.
- One must be able to successfully interact with Senior Management as required.
Essential Functions:
- This position requires the ability to safely and successfully perform essential job functions consistent with ADA, FMLA and other federal, state and local standards, including meeting qualitative and or/quantitative productivity standards.
- This role requires the ability to maintain regular, punctual attendance consistent with the ADA, FMLA and other federal, state and local standards.
- This position requires compliance with all personnel policies.
Physical and Safety Requirements:
- The person in this position needs to occasionally move inside the office to access file cabinets, office equipment, etc.
- The employee is frequently required to effectively communicate with others.
About You:
To be successful in the Buckeye culture, our employees must possess a demonstrated commitment to environmental responsibility and regulatory compliance. Excellent communication, both written and verbal, as well as strong organizational skills are paramount. You must work independently and be able to exercise tact, discretion, and professionalism when dealing with internal and external customers, and when handling sensitive and confidential information.
Buckeye wants to create and reward an organizational focus that stimulates the creative and entrepreneurial actions of its employees that result in innovative ways of reducing costs, generating revenues, improving productivity, or improving processes.
People First Culture:
From managing over 5,000 miles of pipeline to commercializing clean energy projects, our people collaborate to provide world-class service and meet the changing energy needs of our customers. Our employee-first culture means that we invest in our employees and equip them to be fully contributing members of high performing teams. We are focused on collaboration, inclusion, empowerment, accountability, and professional development. We want the best in you to bring out the best in us.?
Join us as we work together to build a business that is responsive to the needs of the future while continuing to serve the energy needs of communities today.