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At World Kinect, our employees are the key to our global success. We are industry leaders due to the innumerable talents of our approximately 5000 strong professional team. Our people thrive in an entrepreneurial and culturally-diverse environment, where innovative thinking, collaboration and efficient execution are highly valued. Our high-performance culture is what allows us to drive sustained growth. Stronger together, we promote an environment where individuals can thrive.
The successful candidate will be tasked with leading and managing the Business and General Aviation (“BGA”) Credit team based in the UK, and the responsibility for assessing and monitoring the credit risk of the global portfolio covering the EMEA and APAC regions. Common practices and regular contact will be evident with our Americas team.
Location: UK based (Remote) with the expectation of commuting to the Canary Wharf office, leading the Commercial Aviation Credit team visits 1-2 times per month.
Key duties and responsibilities include:
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· Manage the London & Singapore based BGA Aviation Credit team comprising a team of (senior) credit analysts that are assessing and monitoring the credit risk in the BGA Aviation portfolio. Reporting will be through to the Senior Director of Credit and Risk Management for the BGA portfolio.
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· Responsible for the overall assessment of credit risk in the portfolio covering the EMEA and APAC regions. Including the quality of output, the ability to highlight concerns, flag rising exposures etc.
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· Managing credit requests and exposures, review credit lines as market events and company credit policy dictates. Notable high-level control over our largest exposure customers.
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· Deal structuring in terms of taking forms of security as-and-when appropriate.
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· Negotiation of paydown arrangements for customers that have not complied with terms and conditions to avoid escalation of legal efforts to recover.
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· Regular engagement with the Commercial teams globally to provide Credit support and build relationships.
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· Ability to independently interact with senior leaders and present recommendations in a professional and compelling manner.
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· Keep abreast of market changes and counterparty related news and the ability to anticipate their potential impacts on the Commercial Aviation portfolio.
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· Regular engagement with existing and potential clients, which will include dialogue on phone calls, Zoom/Teams, face to face meetings, office visits and international travel (when necessary).
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· Inform senior management of any material collections related issues as soon as identified.
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· Liaise with the Legal Department on all collection issues that are not resolvable outside of legal recourse, incl. Ch 11 cases.
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· Assume a leadership role and managerial duties. The latter of which will include, but not limited to, assessing reviews completed by the Aviation Credit team, assigning credit reviews, anticipating, and highlighting potential credit issues, overall monitoring of exposures.
Person Specification:
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This role will suite an experienced candidate (approx. 10 years from ex-banking, insurance or from the industry) who has a driven attitude to maintain a positive bad debt record, uphold a high and consistent quality of analysis from the BGA Aviation Credit team and a profound interest in the aviation markets; or a senior analyst who is looking to take the next step in their career. A degree education is required in economics, business studies or similar
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We are seeking a candidate who can bring new ideas to our team and enjoys training colleagues (if, and when, needed).
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The role requires people, credit risk, portfolio management and deal-structuring skills and experience. A positive can-do and solution-finding attitude is a must.
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The ability to form one’s own opinions on the markets etc and vocalise them is essential.
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.
