Mitsui & Co. Energy Marketing and Services (USA), Inc. · 3 hours ago
Credit Operations Coordinator
Houston, TX
Contract
Onsite
Entry Level
1+ years expMitsui & Co. Energy Marketing and Services (USA), Inc. is seeking a Credit Operations Coordinator to support the MEMS Credit Team in assessing the creditworthiness of counterparties across multiple traded commodities. The role involves gathering financial data, managing collateral, and collaborating with compliance and legal teams to minimize financial losses.
EnergyMarketingOil and Gas
Responsibilities
Gather financial statements, credit rating information and other credit related data from internal and external sources to establish credit lines for MEMS’ counterparties within Natural Gas, Crude Oil, Wholesale/Retail Power, and New Energy sectors
Manage outgoing and incoming forms of collateral including letters of credit and parental guarantees
Work closely with MEMS Compliance and/or Mitsui USA Legal team to negotiate guaranty language, non-disclosure agreements, and other agreements
Respond to KYC requests as required
On a quarterly basis, update internal ratings to assist in the credit reserve calculation
Assist in bi-annual confirmation of outstanding position per internal audit requirements
Assist in logging contracts and internal audit files
Collaborate with CSO division for document management
Completes special assignments and other assignments as requested
Identify and communicate key risks or failures. Recommend ways to control or reduce risk
Qualification
Required
Proven ability to manage competing priorities and meet deadlines in a high-volume, fast paced environment
Able to work independently or with little or no supervision
Ability to interact with people at varying levels of corporate structure and external business associates
Effectively adapt to a cross-cultural environment
Possess refined interpersonal verbal and written communication skills
Proficiency in all Microsoft Office skills
Ability to demonstrate high proficiency with appropriate training with third party software
Bachelor's degree in Business, Finance or related field OR comparable experience required
Fluent verbal and written skills in English
Must have a valid DL
Preferred
Knowledge and/or experience working in Middle/Back office for an energy trading company is preferred
1-3 years in a trading or related environment in a support position preferred
Company
Mitsui & Co. Energy Marketing and Services (USA), Inc.
Mitsui & Co. Energy Marketing and Services (USA), Inc.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Eiji Yanagawa
President & CEO
Shigeki Nakao
Chief Financial Officer
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