Credit Manager

Job Description

Location: Houston, TX

This role focuses on expanding credit limits with counterparties and managing financial relationships with suppliers. The position involves conducting financial evaluations, assessing credit and financial risk, and making recommendations for extending unsecured or secured credit lines.

Minimum Qualifications:

• Expertise in credit evaluation, risk assessment, and advising on counterparty growth or restrictions
• Proficiency in Microsoft Office; knowledge of SAP, CubeLogic, and RightAngle is preferred
• Bachelor’s degree required
• Minimum of 7 years of relevant experience
• In-office role with one day per week of remote work

Job Duties:

• Supplier and Business Unit Support: Assist business units in establishing and expanding credit with suppliers. Manage communications to balance creditworthiness with supplier perceptions.
• Credit Evaluation/Approvals: Analyze and recommend credit decisions for new and existing counterparties, including determining the need for security or the appropriate level of unsecured credit.
• Supplier Monitoring: Establish and manage confidentiality agreements, parent guarantees, and credit default agreements for suppliers requiring financial access.
• Credit Line Monitoring: Oversee and monitor credit exposures, ensuring timely resolution of overages and corrective actions.
• Contract Review: Offer credit-specific input on contracts, including basic contract law application to sales and purchase agreements.
• Accounts Payable Support: Aid the accounts payable department with supplier payment inquiries and resolve payment disputes.