Manager, Credit Job at World Fuel in London

At World Fuel Services, our employees are the key to our global success.We are industry leaders due to the innumerable talents of our approximately 5000- strong professional team. Our people thrive in an entrepreneurial and culturally-diverse environment, where innovative thinking, collaboration and efficient execution are highly valued. Our high-performance culture is what allows us to drive sustained growth. Stronger together, we promote an environment where individuals can thrive.

When you click ‘Apply’, you will need to click on ‘Create Account’. By creating an account, you will be able to view your applications and their statuses. Your password must contain 1 upper case letter, 1 number, and 1 special character.

Please note that by submitting an employment application you consent to World Fuel Services processing your information for this role and potentially for future employment opportunities, in accordance with applicable laws. To learn more about how we protect and/or process personal information, please visit the WFS Privacy Center at: https://www.wfscorp.com/en/privacy-center.

Credit Manager – Marine/Shipping (EMEA & Americas)

London (remote)

Credit Manager – Marine/Shipping (EMEA & Americas) required by a leading Fortune 100 company and globally renowned fuel supplier!

The key responsibility of the Credit Manager is to provide underwriting and exposure control expertise to the EMEA & Americas Marine business segments, as well as support any other business functions as required.

This will be accomplished by adhering to and following defined credit and collection policies and procedures, under the supervision of the Senior Credit Manager, while working collaboratively with sales, operations, marketing, other credit and risk analysts, and key stakeholders. The key objective of the Credit Manager will be to help facilitate business objectives while prudently managing risk.

World Fuel Services is a global leader in fuel logistics, specialising in the marketing, sale and distribution of marine, aviation and land fuel products and services. World Fuel Services Corporation is a publicly listed company (NYSE: INT), headquartered in Miami, Florida and currently ranked # 92 on the Fortune 500 List.

Key duties and responsibilities include:
Seeks public information on counterparties through corporate registries, company websites, trade news outlets and rating agencies for use in making timely credit limit decisions reacting both positively and negatively on credit lines to information gathered.

Managing all EMEA credit enquiries and exposures from enquiry to payment and monitor delivered exposures on EMEA & Americas marine portfolio, review lines as market events and credit policy dictates, vote on overexposures versus credit line and liaise with collections team on overdue payments staying aware of payment performance.

Ability to independently interact with Sr. Leaders and present finding and recommendations in a professional compelling way.

Ability to work independently and make key decisions based on sound knowledge and analysis of the international commodity and freight markets as well as traditional credit metrics.

Has the ability to influence, make recommendations and negotiate with internal stakeholders for the benefit of the business.

Receive customer information from multiple sources to perform risk analysis and make underwriting decisions within the guidelines of credit policies and procedures

Proactively work with customers to manage customer credit exposure to established limits

Inform management of any material collections issues as soon as identified

Participate in all credit and risk decisions through involvement in the credit underwriting, exposure control, collections and reporting activities

Liaise with WFS Legal department on all collections issues that are not resolvable outside of legal recourse

Assume a leadership role and subject to applicant, managerial duties, in support of the senior credit manager for the wider team of credit analysts and junior credit analysts.

Suggest meaningful Credit and Risk metrics and associated reporting to monitor segment Credit and Risk results; develop metrics and reporting as directed

Expected to suggest, design and implement, or assist in the design and implementation, of process, technology or other efficiency improvement solutions

The Individual

BS/BA degree is highly desirable in the area of Finance, Accounting or Business

Strong written and oral communication skills in English are essential.

The successful candidate is likely to have in excess of 2 years credit and risk analysis experience gained as a senior credit analyst or credit manager with the remit for analyzing b2b corporate customers.

Shipping or commodities credit management experience is highly desirable.

Excellent analytical capabilities and keen attention to detail are essential.

Strong numerate ability is essential.

Strong computer/software skills (Word, Excel, PowerPoint & Outlook) are essential.

Solid business judgment including a good grasp of financial account analysis processes and calculations is essential.

Experience of coaching and mentoring credit analysts is essential and experience of leading credit teams is highly desirable.

About the Company

Company: World Fuel

Company Location:  London

Estimated Salary:

About World Fuel