1. They have no clue what they're doing. Williams bought Sequent, a trading shop, to market their natural gas. But, here is the kicker, they don't want to take any risk, zero! Which is a horrible position to take if your going to trade.
2. Everyone is on a letter of credit that isn't investment grade. Even highly rated companies are wrapped in insurance! Even Exxon! They say it's to get down their cost, but they still overpay for the insurance coverage.
3. The manager is completely clueless on how to run a credit department. Not to mention, a TOTAL MICROMANAGER!
4. Ask some simple questions. What is my DOA (hint: its zero). How much do you give credit to non-investment grade companies (hint: it's zero). Will I learn to rate non-public rated companies? (hint: No).
Bottom line, you will not learn anything. You're will end up being an admin. You'll end up doing horrible manual tasks that will not be transferable to any other company.
In addition. The Houston office WILL move to Tulsa. It might take a year or 2, but it will move. They will tell you that it isn't (it's a lie).
Do you want to be out on the street in a year, looking for a job again? If the answer is no, don't even consider this place.
They were never honest about the true intentions of the role when I was hired, They will tell you ANYTHING to get you in the door. They're desperate to get bodies in seats..
