ManilaPurposeBeing part of a team of Trading & Supply Credit Analysts, who undertake all regular (often daily) Credit Activities primarily in support of all T&S entities, including : 1) Credit Re-
Assessments and ad hoc credit assessment requests, specifically performing robust quantitative and qualitative analysis of the counterparties Shell trades with to confirm and recommend Credit Ratings, Credit Limits and terms.
2) Regular Credit Operations, specifically system updates and Credit Advice. Operations are an important part of the Trading & Supply Credit function requiring specialist, fast and dependable service to avoid downside risk, support the deal lifecycle and ensure it operates within the Credit control framework.
This team will become the future fourth office, which will be part of the Global Credit Underwriting & Operations Team (Houston, London, Singapore and Manila) and one of four global teams in the Global Trading & Supply organisation that is focused on instilling operational excellence.
This role encompasses a wide range of tasks and covers the majority of business lines with which Shell is involved in e.g.
Crude & Products, Gas & Power, Marine etc. It therefore offers real variety and an opportunity to impact commercial outcomes.
We are seeking an individual to join the team that can think creatively, has a passion to understand and critically assess the businesses with which Shell trades with through an understanding of the macro environment and is ready to bring ideas for continuous improvement.
AccountabilitiesAct as the day to day interface with the Global Trading Credit team, commercial and financial stakeholders to support and advise on the Credit Risk posed by counterparties delivered through the Credit Assessment process and performing Operational tasks relevant to the Trading & Supply Credit function.
Tasks will include but not be limited to : 1) Conduct all Credit Activities as part of the underwriting’ / customer / counterparty ongoing maintenance process for all trading & marketing businesses globally.
These include : Re-evaluation of existing counterparties the core part of the role includes performing Risk Assessment of existing customers achieved through assessment and analysis of Business Model (i.
e. Competitive Positioning, financial performance and inherent macro and sovereign risks to determine appropriate Credit Rating and Credit Limit).
o Specific focus on lower risk counterparties whose evaluation is driven by a more process oriented assessment. Credit limits in scope will range into the $M depending on the risk profile of the counterparty.
Data Integrity Update and maintain the relevant Credit & Trading systems through the Credit Assessment life cycle, in particular updating new Credit Ratings and Open Credit Lines and communicating the outcome of assessments to relevant stakeholders, notably the Commercial Credit Managers and the T&S commercial business.
2) Perform ongoing (often daily) Credit Operational activities which include but not limited to : o Effective operation of regular data integrity control, which aligns all system data with the relevant credit data, approved within each credit assessment.
o Contracting matters ad hoc queries on contracts including liaison with Relevant Credit Managers.o Support the Commercial Business -
Provide interpretation of credit policy and guide the businesses on the principles of sound credit management. Keep up-to-
date on issues within the businesses by having close relationships with the sales managers and reading information from industry sources.
3) Support our colleagues across all STn Offices.DimensionsThe Shell Trading Network is fast moving and growing rapidly. The Trading & Supply business is becoming increasingly complex with a changing macro-
environment and with a shift in global supply-demand Shell Trading & Supply is seeking to do business in riskier Emerging Market countries and with entities that have questionable Credit Quality.
This coupled with a generally Credit adverse macro environment makes it increasingly important that we review counterparties with a critical eye and provide robust and thorough Credit Assessments to justify decisions made.
Transactions being entered into are also of increasing number, complexity and tenor. The recent past has seen a strong rise in the number of derivative transactions.
Furthermore, asset based trading strategies are also growing strongly, employing more working capital and introducing increased levels of risk and resource consumption.
All of which lead to the need for strong controls and an Operations team that is resilient, nimble and detail orientedThe role will support the following regions and primarily these respective Shell Trading Network companies : North America : STUSCO and SENA Europe : STASCO and SEEL Asia : SIETCOCompany DescriptionStart Something RemarkableShell Business Operations (SBO) Manila is focused on driving excellent corporate performance in Finance, Human Resource, Customer Service, Order-
to-Delivery, and Contracting and Procurement. We enable Shell to operate in a global-competitive and ever-changing business environment.
A career in Shell will offer you remarkable opportunities for growth, true experience across different business areas and the tools you need to discover and develop your skills within the energy industry.
We’re looking for qualified individuals with the drive to create significant business impact, as well as to collaborate with a team of professionals with diverse backgrounds.
If you are a great team player, possess superior communication skills and problem solving abilities, join us and see the impact that you can make across our global business.
Country of Work LocationPhilippinesCity, State (if applicable)Makati CityWork LocationManilaRequirementsExperiences & Qualifications Ideally, would have relevant finance experience with specific focus in Credit or prior work experience in the corporate sector, especially within a Trading or Credit team.
Strong financial acumen - comfortable working with and assessing counterparties Financials i.e. Income statement, Balance Sheet and cash Flow Statement Strong commercial understanding, especially the ability to balance speed, cost benefit and long-
term relationship management Clear attention to detail and passion for continued learning is essential so as to support the Credit Assessment process and provide critical analysis on the Shell Trading & Supply customers.
The ability to communicate complicated ideas in a clear and uncomplicated fashion. Remain open to different perspectives (i.
e. from other businesses & locations) and be able to switch priorities at short notice. The ability to work under pressure, working to tight deadlines and juggling a number of different items.
Experience in working in a global organisation and in a virtual working environment