APM Manager (Credit)

APM Manager (Credit)

Seaoil Philippines
Not Specified
Not Specified

Job Description



Are you looking to be a part of a company that cares about your professional growth, all while empowering you to become the best person to your family, peers, and the community Discover how a career in SEAOIL can nurture your growth, as you make your mark in fuelling a better future for others.

Job Summary:
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.

Duties & Responsibilities:

Review, establish and maintain working capital lines from new and/or existing relationships
1. 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.
2. 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)
3. Facilitates the preparation, review and submission of the documentary requirements of banks and/or financial institutions for the credit and loan facilities applied for.
4. Negotiate with banks for the reduction of interest rates, bank charges, and the like.
5. Provides loan or leasing facility for vehicle, equipment and other Capital Expenditure (CAPEX) requirements of the company.
6. Analyze and prepare reports related to bank derivative transactions for Commodities.

Requirements:

1. Explore derivative products from banks/financial institutions and counter parties for the company's commodities hedging.
2. Coordinate approval of ISDA documents for new agreements and amendments as recommended by the Corporate Secretary (NEW).
3. Inquires rates for swap, option, time spread and others for the company's commodities hedging.
4. Analyze and check daily risk and commodities report and commodities hedging internal credit operations1. Maintains 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.
5. Evaluates customers worthiness using the gathered data thru credit investigations and background checking prior to scheduling them for Credit Committee presentation.
6. Determines credit term and line of evaluated credit applications (base on the result of Credit Score Card) to be recommended to the Credit Committee.
7. Schedules meeting for the result of the credit assessment of all the customers with the Credit Committee and assigned Reseller.
8. Updates and notifies Resellers regarding the results of Credit Committee meeting thru sending a report or minutes of the meeting.
9. 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.
10. Conducts quarterly review of Credit Risk Exposure on each existing clients.
11. Prepares report a quarterly Sales Performance Review of all customers on credit and discuss the results of the reports to the Credit Committee.
12. Prepares a comprehensive monthly Fleet Report and send this to all stakeholders such as SRO, Credit Committee, Excom and Fleet
13 Resolves customers issues related to their accounts and eligibility for products and
14. Maintains and updates the monitoring sheet, APPROVED CREDIT
15. Reviews and checks all customer files, logbooks and monitoring sheets under the CCOS_Credit
16. Supervises all the personnel under his/her team and acts as a good example among his colleagues within the group and
7. Performs other related functions and assignments from time to time

Job Details

Employment Types:

Industry:

Other

Function:

IT

Roles:

Job Source : jobs.lever.co

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