Senior Credit Manager, Europe

This is LyondellBasell

As a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world’s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.

This is the role

In this role, various LYB businesses will be supported, and Credit Teams in Rotterdam and Poznan will be managed. Company growth will be driven by managing additional activities, developing the team, and nurturing identified talents. Responsibilities include approving and managing credit risk for the accounts receivable portfolio, creating value for the company by supporting sales growth while managing financial risk. Monitoring product sales activities and credit line utilization will ensure compliance with credit guidelines, maximize profitability, and minimize bad debt losses. Financial and risk analysis will be conducted, utilizing available credit information sources to determine appropriate risk levels for the assigned portfolio. The business unit’s customer base will be analyzed for profitability and strategic value, assessing growth opportunities in collaboration with the sales organization. Additionally, actions will be recommended to limit credit risk exposure and enhance overall profitability. As the internal focal point for all credit-related matters, the business will be advised on improving customers’ risk/return profiles, and key customers will be visited as necessary to discuss finance-related matters with their senior management. Risks associated with customers and suppliers will be communicated to all levels of Business, Sales, and Supply Chain. Acting as the primary contact for Customers, Sales, Business, HR, Legal, and Supply Chain in Europe and the BIT region, participation in global credit teams will also be required to support credit processes.

Roles & Responsibilities

• Understand risks associated with an international customer base through detailed financial analysis, trade references, and customer performance, determining manageable risk levels for the company.
• Maintain continuous dialogue with Marketing, Sales, Order Fulfillment, and Senior Management regarding risk and profitability issues associated with customers.
• Assist and support Business, Sales, and other departments on a consulting basis regarding risk evaluation and profitability enhancement.
• Negotiate settlements with customers on potential bad debt.
• Maintain knowledge of and recommend technical improvements to systems and processes.
• Review, maintain, and recommend/implement changes to credit policies and procedures as necessary.
• Manage and develop the Credit team to support business activities in the assigned region.
• Supervise and continuously train a team of Credit Analysts to ensure proper risk management and business opportunity exploitation.

This is what you bring

• Bachelor’s degree in business administration, accounting, or finance, with a minimum of five years of business experience or equivalent. Commercial Credit experience is desirable. MBA/CFA is a plus.
• Expertise in credit and financial statement analysis, business analysis, and general knowledge of applicable credit law, with strong analytical and interpretative skills.

This is who you are

The ability to balance managing financial risk while enabling business opportunities, coupled with a high degree of independence in completing job responsibilities with minimal supervision, is essential. Additionally, maintaining professional relationships with Business, Product, and Sales groups, along with fluency in English, is crucial.

Candidates will be assessed on the following LYB competencies:
•    Build Partnerships
•    Deliver Results
•    Drive Innovation
•    Grow Capabilities
•    Promote Inclusion

This is what we offer

We offer an environment where we encourage personal and professional growth and where you will be rewarded for your performance and results. You will have the possibility to work with specialist on all fields to develop innovative solutions and to extend your national and international network. In addition, we offer you a competitive salary package. The Company's Global Remote Work Policy allows eligible employees the option to work up to three days a week from home. LyondellBasell is committed to advancing diversity, equity & inclusion (DEI) to ensure a positive experience for all employees.

Interested?

Please feel free to contact our Senior Corporate Recruiter at james.smeets @ lyondellbasell.com for more details. 

Would you like to apply? Just send us your motivation and resume via the application button. The recruitment process starts with an initial phone screening followed by two/three business interviews before proceeding to a possible job offer and a background check will be part of the process.

#LI-JS2 LyondellBasell does not accept or retain unsolicited résumés or phone calls and/or respond to them or to any third party representing job seekers.

Competencies