Credit Manager

Every role in SEAOIL contributes significantly to the company. Here’s a summary of what you will be doing in this job:• evaluates all credit line and term applications prior to recommendation to Credit committee.• Manages and monitors customer under Credit.• Manages Credit requirement of the company.• Manages personnel under Credit.RESPONSIBILITIES:Manage, coordinate, respond to various banks and / or financial institutions on new application and/or renewal of credit and trade facilities for the company and/or its affiliates, subject to the approval of the Vice President for Finance.Coordinates with account officers on revisions in the contracts/agreements for new and/or renewal of credit lines and trade facilities for the company as recommended by the Legal and Corporate Affairs Department (LCAD), Vice President for Finance (VP for FINA), and/or the Executive Committee (EXCOM) Facilitates the preparation, review and submission of the documentary requirements of banks and/or financial institutions for the credit and loan facilities applied for.Negotiate with banks for the reduction of interest rates, bank charges, and the like.Provides loan or leasing facility for vehicle, equipment and other Capital Expenditure (CAPEX) requirements of the company.Analyze and prepare reports related to bank loans.Explore/execute derivative transactions for Commodities.Explore derivative products from banks/financial institutions and counter parties for the company’s commodities hedging.Coordinate approval of ISDA documents for new agreements and amendments as recommended by the Corporate SecretaryInquires rates for swap, option, time spread and others for the company’s commodities hedging.Analyze and check daily risk and commodities report and commodities hedging report.Manage internal credit operationsMaintains customer's credit thru evaluations, reviews and credit risk analysis which may lead to additional credit recommendations for potential customers and continuing credit privileges for existing customers.evaluates customers worthiness using the gathered data thru credit investigations and background checking prior to scheduling them for Credit Committee presentation.Determines credit term and line of evaluated credit applications (base on the result of Credit Score Card) to be recommended to the Credit Committee.Schedules meeting for the result of the credit  assessment of all the customers with the Credit Committee and assigned Reseller.Updates and notifies Resellers regarding the results of Credit Committee meeting thru sending a report or minutes of the meeting.Works with other members of a Financial and collection groups. These Professionals also evaluate credit processing and approval, and make changes to ensure the Financial stability of the organization.Conducts quarterly review of Credit Risk Exposure on each existing clients.Prepares report a quarterly Sales Performance Review of all customers on credit and discuss the results of the reports to the Credit Committee.Prepares a comprehensive monthly Fleet Report and send this to all stakeholders such as SRO, Credit Committee, Excom and Fleet Team.Resolves customers' issues related to their accounts and eligibility for products and delivery.Maintains and updates the monitoring sheet and approved credit accounts.Reviews and checks all customer files, logbooks and monitoring sheets under the CCOS_Credit responsibility.Supervises all the personnel under his/her team  and acts as a good example among his colleagues within the group and organization.Performs other related functions and assignments from time to timeREQUIREMENTS:Candidate must possess at least a Bachelor's/College Degree , Finance/Accountancy/Banking or equivalent.At least 5 year(s) of working experience preferably as a Relationship Manager or Account Officer from a large local Unibank or international bank.Background in credit analysis and has strong relationships with the banks.Full-Time position(s) available.BENEFITS:Office-based positions can enjoy the privilege of working from home during the pandemicEmployees will have the opportunity to be trained by our in-house training team and subject matter expertsEarly regularization opportunityFamily-oriented culture