Credit Analyst II/III

Williams; Houston (TX); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Hybrid work

401(k) with company match

Medical, dental, and vision coverage

Paid time off

Parental leave

Tuition reimbursement

Life insurance

Employee stock purchase plan

Flexible work arrangements

Job summary

Williams is seeking a Credit Analyst to support counterparty credit risk assessment, exposure management, and credit evaluation for its wholesale trading and marketing activities. The role emphasizes financial analysis, risk mitigation, and cross-functional collaboration with Commercial, Legal, Accounting, Risk, and Structuring teams.

The position offers responsibilities consistent with Credit Analyst II or III levels, with potential for growth, a mix of office and field work, and a strong

Qualifications

• Bachelor's degree in Business, Finance, or Accounting with 3+ years of experience in accounting or finance.
• Experience in oil and gas accounting or finance preferred.
• CPA (for Credit Analyst III) is a plus.

Responsibilities

• Review counterparty creditworthiness and risk profile.
• Support credit limit administration and exposure monitoring.
• Process letters of credit, guarantees, and collateral instruments.
• Collaborate with Commercial, Legal, Accounting, Risk, and Structuring teams.
• Produce reports on credit activities and operations.

Skills

Analytical skills

Credit risk management

Financial analysis

Education

Bachelor's degree in Business, Finance, or Accounting

Master's degree (preferred)

CPA (preferred)

Tools

ICE trading platform

Credit risk systems

Job description

At Williams, we’re powering a cleaner, more connected future, and that starts with you. Here, your work fuels communities, drives innovation, and helps deliver reliable energy the world depends on. Join a Fortune 500 team that invests in your growth, values your contributions, and challenges you to make a lasting impact every day.

The Credit Analyst is responsible for supporting the daily operations and continuous improvement of the credit function, including counterparty onboarding, credit administration, contract review, customer inquiries, reporting, and monitoring credit exposures. In this role, you will leverage financial analysis, reporting, and credit risk management to support commercial decision-making across Williams' growing wholesale trading and marketing business. You will evaluate counterparty financial strength, analyze credit exposure, assess complex deal structures, support risk mitigation strategies, and collaborate with Commercial, Legal, Accounting, Risk, and Structuring teams to balance business opportunities with sound risk management. This position focuses on counterparty credit risk assessment, exposure management, and commercial transaction support rather than traditional accounts receivable collections activities. Success in this position requires strong analytical and problem-solving skills, attention to detail, sound business judgment, and the ability to build effective relationships with internal and external stakeholders. The position may be filled at the Credit Analyst II or Credit Analyst III level, with placement determined based on the selected candidate's experience, demonstrated capabilities, and depth of credit risk and commercial transaction expertise.

Responsibilities/Expectations

• Review and evaluate counterparty creditworthiness, financial strength, and overall risk profile
• Support credit limit administration and monitoring of credit exposure
• Review credit terms within counterparty agreements and provide recommendations
• Process letters of credit, guarantees, and collateral instruments in accordance with company guidelines
• Review counterparty contracts and respond to customer and counterparty inquiries
• Perform financial analysis and modeling to support credit evaluations, risk assessments, and credit recommendations
• Monitor counterparty credit exposure and payment performance to support credit risk management decisions
• Produce reports on credit activities and operations
• Develop and maintain positive relationships with internal and external counterparties
• Collaborate with Commercial, Legal, Accounting, Risk, and Structuring teams to support business objectives while managing risk
• Other duties as assigned

Education/Experience by Level

Credit Analyst II

• Bachelor's degree in Business, Finance, or Accounting and a minimum of three (3) years of experience in an accounting or finance environment
• Preferred: Five (5) years of oil and gas accounting or finance experience

Credit Analyst III

• Bachelor's degree in Accounting, Finance, Economics, or Business and a minimum of five (5) years of experience in Finance, Accounting, or Business
• Preferred: Master's degree in Accounting, Finance, Economics, or Business with a minimum of seven (7) years of Finance or Accounting experience in the oil and gas industry
• Preferred: CPA

Additional Expectations by Level

Credit Analyst II

• Supports credit evaluations, credit recommendations, and exposure monitoring
• May mentor and assist in training team members
• May represent Williams at industry conferences and external events

Credit Analyst III

• Establishes credit limits for new and existing counterparties
• Manages credit-related settings within electronic trading platforms, including ICE
• Provides training, mentorship, and operational guidance to team members
• Represents Williams at industry conferences and working groups

Preferred Qualifications

• Experience in credit risk management, commercial credit analysis, commodity trading, energy marketing, treasury, corporate finance, or related analytical finance functions
• Experience evaluating financial statements, establishing credit limits, and managing counterparty credit risk
• Preferred: CPA (Credit Analyst III)

How We Reward & Support

• Strong pay plus an annual incentive program
• Hybrid work for most office roles, plus real flexibility in many field positions
• Medical, dental, and vision coverage with options that fit your life, not the other way around
• 401(k) with company match and an annual company contribution
• Paid time off, including company and floating holidays
• Paid parental leave (up to six weeks per parent), plus fertility and adoption support
• Advanced AI tools and resources to help level up and work smarter
• Clear paths to grow your career, with a strong culture of promoting from within
• Tuition reimbursement and support for continuing education
• HSA and FSA options
• Company-paid life insurance and disability coverage
• Employee stock purchase plan
• Domestic partner benefits
• Employee resource groups, wellness support, paid volunteer time, and company matching for causes you care about

Eligibility and benefits are governed by the terms of the applicable plan or program document which can be amended or terminated at any time.

Williams is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, national origin, age, marital status, disability, veteran status, genetic information or any other basis protected under applicable discrimination law.

Why Williams?

Looking to apply your passion and skills to the innovative and vital work that helps fuel the clean energy economy? As the world demands reliable, low-cost, low-carbon energy, Williams will be there. We currently handle one third of the natural gas in the United States that is used every day to heat homes, cook food and generate electricity. We don’t offer jobs; we offer career opportunities that include: Competitive compensation and inclusive benefits Growth and development opportunities An inclusive culture where you can be yourself Opportunities to get involved in the community where you work and live Flexible work arrangements for many positions, including hybrid schedules We’re proud of our innovative people who want to make the world a better place and invite you to explore how you can help us make clean energy happen.