Credit Risk Management
Resume:
Richard L. Bianchi
**** *********** **. *******, ** 77063
************@*******.***
CAREER SUMMARY
An Experienced Credit / Finance / Risk Management Professional possessing over 14 years of combined experience identifying, measuring, and limiting credit risk exposure to organizations in the energy industry. My expertise utilizing credit and financial analytical skills combined with commercial document review and industry best practices will support the key objectives of the organization. My ability to collaborate with multiple business segments and management ensures successful deal execution within the organization’s risk policies and procedures. AREAS OF EXPERTISE
Financial and Credit Analysis Commercial Credit Underwriting Contract Review (including the ISDA, NAESB, EEI, Master Agreements, and pipeline and storage agreements) Collateral and Credit Support Negotiation Margining Credit Reporting Know Your Counterparty Counterparty Onboarding Mentoring and Training Task Prioritization SOFTWARE
SAP SolArc RightAngle Intercontinental Exchange Credit Module Microsoft Word, Excel, and PowerPoint E-Credit
Credit Risk Monitor S&P Cap IQ Moody’s CreditEdge EXPERIENCE
British Petroleum Senior Credit Research Analyst (Contractor) 03/2024 – 04/2024
Fundamental credit reviews and analysis in support of trading & shipping’s commercial credit counterparty portfolio to assist in managing the trading portfolio
Utilize both internal and external scoring models to assign an appropriate risk rating to determine open credit trading line
Partnered closely with other local and global credit staff in support of business and growth strategies to align underwriting approach and inform interested parties of portfolio or industry levels of risk outlooks
Review existing counterparties’ current assigned credit line and rating score for appropriateness LyondellBasell Credit & Risk Associate III (Contractor) 10/2022 – 01/2023
Completed required credit reviews per department policy and procedures and ensured all files were updated including supporting documentation, collateral required and other necessary documentation
Accurately maintained counterparty ratings and reference data
Monitored and reported on the credit risk for each counterparty within the portfolio to ensure that it’s properly secured when necessary and within approved limits and intervening if appropriate prior to releasing order
Assisted in training new analysts
CFE International Manager Credit and Risk
04/2020 – 03/2021
Completed financial credit reviews for new and existing counterparties prior to trade execution and product release
Assisted management with developing and documenting credit risk policies and procedures for newly formed power trading desk
Reviewed methodology being employed to calculate future potential trade losses
Oversaw department level Credit Administrative activities such as credit application process including data base management, organizing & maintaining documents, generating and providing ad hoc reports etc. in compliance with Risk Management policies and procedures
World Fuels Services Corporation Senior Manager, Credit & Risk 04/2019 – 08/2019
Worked with management to assist in ensuring all team members understood the nuances of entering new markets
Assisted management with developing and documenting credit risk policies and procedures
Prepared credit proposals, liaised with key credit colleagues
Key member of the team tasked with formulating exposure calculations for the new power desk including MtM and the design of the credit exposure reports
Talley Petroleum Enterprises, Inc. Director Credit & Risk 11/2016 – 06/2017
Helped the organization obtain a secured revolving line of credit of Talley could begin commodity trading
Worked with the CFO to develop a hedging strategy for long-term trades
Worked with the Commercial team on the establishment of credit related policies & day-to-day credit controls
Drafted and completed the onboarding and KYC process for all new counterparties
Worked with management to enhance the overall credit workflow DCP Midstream, LLC Team Lead Credit and Collections (Year-end Contractor) 10/2016 – 12/2016
Assessed creditworthiness of clients by completing financial analysis, strategic business analysis
Responsible for daily clearing duties including trade verifications and corrections if necessary
Lead credit and collections teams through year-end closing processes
Ensured all KPI’s for collateral and credit reviews were met by year-end
Oversaw department level credit administrative activities in preparation for inspection by the audit team
Maintained strong, constructive working relationships and open lines of communication with internal and external stakeholders
PetroChina International, America Inc. Credit Manager 12/2010 – 07/2015
Assisted management with developing and documenting credit risk policies and procedures
Monitored and reported on the credit risk for each counterparty within the portfolio to ensure that it’s properly secured when necessary and within approved limits and intervening if appropriate
Utilized effective communication skills to build strong relationships with the front office while maintaining independence
Conducted due diligence visits to counterparties, terminals, and port facilities as required
Acted as part of key deal teams for structuring long-term, pipeline and storage transactions
Ensured that the accuracy of the transactions in the systems of record
Partnered closely with commercial teams and management in support of business and growth strategies to foster additional deals
Assessed creditworthiness of clients by using financial analysis, strategic business analysis, and cash flow projections
Acted as a key member of the credit risk committee keeping management advised of all relevant credit issues Chevron USA, Inc. Credit & Structured Deal Analyst 10/2008 – 12/2010
Supported trading desks for each transaction including appropriate negotiation of contractual credit clauses
Monitored and reported on the credit risk for each counterparty within the portfolio to ensure that it’s properly secured when necessary
Participated on deal teams responsible for deals with a tenure of more than one year, including pipeline and storage
Conducted trade credit risk assessments of customers and suppliers by continuous financial and payment trend analysis
Maintained credit exposure under the defined contract structure to ensure the countermeasures are triggered timely
Demonstrated a balanced but opportunistic mindset, with control accountabilities always coming first but with an ongoing eye for circumstances which may present commercial opportunities ConocoPhillips Company Commercial Credit Relationship Analyst 11/2005 – 10/2008
Ensured that the representation of transactions in the systems of record provides a fair picture of the associated risks
Maintained counterparty ratings and reference data accurately and timely
Conducted professional level trade risk assessments of customers and suppliers by continuous financial and payment trend analysis
Promoted to Real-time Power Trader & Scheduler
EDUCATION
University of St. Thomas – Houston, TX
Master of Business Administration, Concentration Finance Southwest Texas State University – San Marcos, TX
Bachelor of Business Administration, Major Finance
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