Senior Credit Specialist

PBF Energy

Parsippany, NJ

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JOB DETAILS

SALARY

$72,815.60–$116,172.65 Per Year

LOCATION

Parsippany, NJ

POSTED

22 days ago

Senior Credit Specialist PBF Energy Inc. (NYSE:PBF) is one of the largest independent refiners in North America, operating through its subsidiaries, oil refineries and related facilities. We are seeking a talented Senior Credit Specialist to join our team as a pivotal member that would play a key role here at PBF Energy. This role would be located onsite at our Company headquarters in Parsippany, NJ. The Sr. Credit Specialist is responsible for carrying out the credit and collection policies and procedures intended to mitigate credit risk while maximizing cash flow. PRINCIPLE RESPONSIBILITIES: Obtain and analyze credit reports and financial statements for new and existing customers to evaluate credit worthiness and mitigate financial risk. Negotiate and maintain credit mitigants, such as parent company guarantees, standby letters of credit and/or other forms of acceptable collateral, ensuring all documentation is accurate, compliant, and renewed timely. Coordinate with traders and schedulers to approve product movements in real-time based on current credit capacity and strict adherence to internal policies. Monitor assigned Accounts Receivable portfolio to identify overdue balances and communicate with customers as necessary to collect payments. Collaborate with internal departments, including Commercial, Customer Care, Billing and A/R to resolve invoice disputes timely. Assist in preparing periodic reports for use internally in credit evaluations and strategic planning. Participate in a continuous improvement culture by identifying areas of enhancement in existing processes that will improve productivity and effectiveness of the credit department. Special projects and other duties assigned. JOB QUALIFICATIONS: Bachelor’s degree in finance or related field 3+ years’ experience in commercial credit. Knowledge of petroleum industry a plus. Strong proficiency in analyzing corporate financial statements and interpreting credit reports such as D&B or 3rd party rating agencies. Excellent communication (oral and written) and interpersonal skills with tenacious and results oriented attitude and keen attention to detail. Proficient in Excel and other Microsoft applications including Outlook, Word and PowerPoint. Knowledge of SAP, SRA / Right Angle, and CubeLogic a plus but not required. This position is on site 5 days a week ONLY CANDIDATES MEETING THE ABOVE REQUIREMENTS WILL BE CONSIDERED FOR SERIOUS CONSIDERATION, PLEASE INCLUDE YOUR SALARY REQUIREMENTS The salary range for this position is $72,815.60-$116,172.65. The compensation range listed in this posting is in compliance with applicable state law. Factors such as scope and responsibilities of the position, candidate’s work experience, education/training, job-related skills and internal peer equity will be considered in determining the selected candidate’s compensation. Salaries at the time of hire are typically in the lower to middle portion of the above range in order to provide the opportunity to reflect future performance-based increases. In addition to salary, PBF offers a comprehensive benefits package which includes bonus eligibility, health care, retirement benefits, and paid time off. We thank all respondents for their interest in PBF Holding Company LLC (“PBF Energy”), however, only those selected for an interview will be contacted. Please no phone calls or emails to any employee of PBF Energy about this requisition. Placement agencies or recruiters need not respond. All resumes submitted by search firms to any employee of PBF Energy via email, the Internet or in any method without a valid written search agreement will be deemed the sole property of PBF Energy. No fee will be paid in the event the candidate is hired by PBF Energy as a result of the referral or through other means. PBF Energy is an equal opportunity employer. We are committed to creating a diverse, inclusive environment. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, sex, gender, gender identity or expression, sexual orientation, reproductive health decision making, national origin, ancestry, genetic information, physical or mental disability, medical condition, marital status, age, veteran and military status, or any other status protected by applicable law. We are committed to providing reasonable accommodations as required by law. #LI-EG1 About Us Welcome to PBF Energy (NYSE: PBF), one of the largest independent petroleum refiners and suppliers of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. Our subsidiaries own and operate refineries located in California, Delaware, Louisiana, New Jersey, and Ohio. For more information on our companies, please visit our website at http://www.pbfenergy.com/.

About the Company

PBF Energy

PBF Energy (“PBF”) is one of the largest independent petroleum refiners and suppliers of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States.

PBF currently owns and operates six domestic oil refineries and related assets with a combined processing capacity, known as throughput, of over 1,000,000 bpd, and a weighted average Nelson Complexity Index of 12.8.

PBF Energy’s refineries are located in California, Delaware, Louisiana, New Jersey and Ohio. Our newest refinery is located in Martinez, California and processes a blend of domestic and international feedstocks to produce a high-value product slate. Martinez has a nameplate crude capacity of 157,000 barrels per day with a Nelson Complexity of 16.1. PBF’s other California refinery is located in Torrance, California and processes a blend of primarily heavy and medium crudes to produce a high-value product slate. The Torrance refinery has a nameplate crude capacity of 155,000 barrels per day with a Nelson Complexity index of 14.9. The Chalmette refinery was acquired by PBF Energy in 2015 and is located just outside of New Orleans, Louisiana. Chalmette is a 189,000 barrel per day, dual-train coking refinery with a Nelson Complexity of 12.7 and is capable of processing both light and heavy crude oil. The facility is strategically positioned on the Gulf Coast with strong logistics connectivity that offers flexible raw material sourcing and product distribution opportunities, including the potential to export products. Our East Coast refineries, at Delaware City and Paulsboro, have a combined refining capacity of 370,000 bpd and Nelson Complexity Indices of 11.3 and 13.2, respectively. These high-conversion refineries process primarily medium and heavy, sour crudes and have historically received the bulk of their feedstock via ships and barges on the Delaware River but have the capability to receive crude shipments via rail into crude rail unloading facilities at our Delaware City refinery. Our Midcontinent refinery, at Toledo, processes light, sweet crude, has a throughput capacity of 170,000 bpd and a Nelson Complexity Index of 9.2. The majority of Toledo’s WTI-based crude is delivered via pipelines that originate in both Canada and the United States. Since our acquisition of Toledo in 2011, we have added additional truck and rail crude unloading capabilities that provide feedstock sourcing flexibility for the refinery and enables Toledo to run a more cost-advantaged crude slate.

COMPANY SIZE

2,500 to 4,999 employees

INDUSTRY

Chemicals/Petro-Chemicals

FOUNDED

2010

WEBSITE

http://www.pbfenergy.com

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