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Title:  Credit Analyst II

Date:  Oct 13, 2021
Location: 

Dallas, TX, US, 75201

Basic Function

HollyFrontier Corporation is seeking a Credit Analyst II to be based in our headquarters in Dallas, TX.  This role will perform the credit activities of the organization and serve as a utility player for other facets within the broader finance organization. This role is responsible for ensuring compliance with the company’s Credit Policy.

Job Duties

  • Responsible for all aspects of the credit process for assigned customer base.
  • Evaluate, monitor, and manage financial exposure to counterparties (customers, suppliers, banks, insurance companies, etc.).
  • Perform ongoing review of customer financials to ensure no deterioration in financial strength and creditworthiness, recommending appropriate action (change credit limit, obtain credit enhancements, etc.) to mitigate credit risk.
  • Develop and foster relationships with the Marketing team to gain a better understanding of sales strategies (product placement needs, margin potential, geographic appetite, etc.).
  • Conduct in-depth analysis of counterparty financial statements, obtain third-party credit information, and monitor macro aspects of global economy that may lead to a financial deterioration of customer segments.
  • Manage and monitor company’s over credit line exposure through the open order management system.
  • Assist with developing methodology, financial models and systems for assessing customer financial risk and setting appropriate credit limits.
  • Negotiate all forms of customer credit enhancements (letters of credit, cash deposits, personal and/or parent company guarantees, etc.) and coordinate with internal and external legal departments.
  • As owner of the decision to extend credit, serve as escalation point for past due accounts in conjunction with Accounting and/or Marketing groups.
  • Make recommendations on department and company process improvement opportunities, and enlist other appropriate departments to work towards implementation.
  • Work closely with customers in financial distress to ensure company receives all monies due, minimize/eliminate bad debt write-offs and coordinate with other departments as needed.
  • Develop and prepare materials for, and participate in, meetings with senior leaders to inform and discuss customer credit risk, risk mitigation strategies, and key performance indicators.
  • Analyze financial risk of banking counterparties to better manage investment opportunities and provide recommendations on exposure appetite.
  • Serve as the finance representative in cross-departmental initiatives, ad hoc projects, and acquisition integration.
  • Cross-train with other departments within the finance group and provide backup and assistance as needed.

 

Special assignments or tasks assigned to the employee by their superior, as determined from time to time in their sole and complete discretion.

Experience

A minimum of 3 years of work experience in a finance role is required.

 

Preferred Experience: 

Banking, finance, or credit experience.

Education Level

A minimum of a Bachelor’s degree in business or finance is required.

 

Preferred Education Level: 

MBA

Required Skills

The ability to effectively communicate with others, both verbal and written communication skills, good reading and writing skills, negotiation, analytical, problem solving and organizational skills; strong interpersonal skills with a customer focus; proficient with spreadsheet, word processing, electronic mail and database applications.

Work Conditions

Office based with up to 10% travel

Our One HFC Culture:

Our one HFC Culture focuses on four key values of safety, integrity, teamwork and ownership. They influence our decisions, shape our behaviors and keep us connected across the entire organization. Safety is first. We care about our people and work tirelessly to make sure they return home safely, every day. Everything we do is done with integrity. We encourage growth and exciting possibilities by championing a culture of teamwork and ownership.

About HollyFrontier Corporation

HollyFrontier Corporation, headquartered in Dallas, Texas, is an independent petroleum refiner and marketer that produces high value light products such as gasoline, diesel fuel, jet fuel and other specialty products. HollyFrontier owns and operates refineries located in Kansas, Oklahoma, New Mexico, and Utah and markets its refined products principally in the Southwest U.S., the Rocky Mountains extending into the Pacific Northwest and in other neighboring Plains states. In addition, HollyFrontier produces base oils and other specialized lubricants in the U.S., Canada and Netherlands, and exports products to more than 80 countries. HollyFrontier also owns a 57% limited partner interest and a non-economic general partner interest in Holly Energy Partners, L.P., a master limited partnership that provides petroleum product and crude oil transportation, terminal line, storage and throughput services to the petroleum industry, including HollyFrontier Corporation subsidiaries.

Equal Opportunity Employer

HollyFrontier Corporation is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status or any other prohibited ground of discrimination


Nearest Major Market: Dallas
Nearest Secondary Market: Fort Worth

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