World Fuel Services, part of World Kinect Corporation (NYSE: WKC) is a Fortune 100 company providing aviation, marine and land energy, logistics, and technology solutions to customers and suppliers around the world. Our global team of local professionals delivers innovative products and services at more than 8,000 global locations.
With revenues in excess of $40 billion and over 4,000 employees worldwide, World Kinect Corporation offers its customers a value-added outsource service for supply, quality control, logistical support and price risk management.
Position Summary
This Credit Manager – Marine role will be tasked with the responsibility for assessing and monitoring the credit risk of the Marine portfolio covering the APAC region and working with the Snr Credit Manager for Marine APAC based in Singapore.
https://marine.wfscorp.com/
Core duties and responsibilities include:
- Overall assessment of credit risk for assigned geography, timely delivery of high-quality output, highlighting of concerns and risks, questioning rising exposures and understanding the implications, etc.
- Managing credit requests/exposures, reviewing credit lines as market events and company credit policy dictates.
- Regularly engaging with existing and potential clients, which will include dialogue on phone calls, video conferences, office visits and international travel.
- Engaging with the Commercial teams globally to build relationships and to provide credit input/support.
- Ability to independently interact with senior leaders and present recommendations in a professional and compelling manner.
- Informing senior management of any material collections related issues as soon as identified.
- Working closely with the Legal department on the collection of receivables.
- Keeping abreast of market changes and counterparty news and having the ability to anticipate their potential impacts on the Marine portfolio.
- Mentor and be role model to junior members of the Marine Credit
Key Requirements:
- At least five (5) years of experience in credit within the trading, shipping, or marine sectors. Experience in marine bunker credit would be advantageous
- Strong knowledge of the shipping markets and the major groups, operators, families etc within. A clear understanding of the commodity markets and the ability to monitor changes.
- Excellent command of the English language. Proficiency in an additional Asian language will be considered an advantage
- Excellent communication skills, and the confidence to liaise with senior leaders in the organisation.
- Flexible approach to work, comprising of undertaking duties often outside of office hours to international travel to meet clients face to face.
- Resilience in the face of time sensitive working environments.
- Ability to multi-task everyday – handling credit requests, liaising with clients, attending meetings/calls, assessing credit reviews etc.
- Strong organizational skills and meticulousness.
- Ability to be independently minded and willing to enact positive changes to all facets of the credit process.
- Must have the confidence to be decisive, executing difficult credit decisions, often under time constraints.
- Excellent analytical skills, including the assessment of financial statements.
- A thorough understanding of legal documentation and collateralisation including, corporate guarantees, Letters of Credit, NDAs etc.
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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.World Fuel Services (Singapore) Pte. Ltd.
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What We Do
Headquartered in Miami, Florida, World Kinect Corporation (NYSE: WKC) is a leading global energy management company, offering a broad suite of solutions across the energy product spectrum. In addition to our core energy and fuel offerings to customers in the transportation sector, we provide advisory services, sustainability and renewable energy solutions, as well as supply fulfillment for natural gas and power. We continue to focus on advancing the energy transition to lower carbon alternatives through expanding our portfolio of energy solutions and providing customers with greater access to sustainably sourced energy. For more information, visit https://corp.worldkinect.com.
