Senior Credit Specialist

Senior Credit Specialist

PBF Energy Inc. 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.

Principal 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.

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.