Collateral Risk Analyst

American Power & Gas; Town of Florida (NY); On-site; USD 70,000 - 95,000; Full time

Benefits offered by this job

Health Insurance

Dental Insurance

Optical Insurance

Life Insurance

PTO

Job summary

American Power & Gas is seeking a Collateral Risk Analyst to manage and optimize collateral obligations across utilities, pipelines, and trading counterparties. You will maintain requirements below internal limits, validate calculations, and pursue opportunities to reduce posted collateral while enhancing available credit capacity.

The role demands strong financial analysis, attention to detail, and the ability to engage with counterparty risk teams to challenge assumptions and negotiate

Qualifications

• Bachelor’s degree or higher in a finance-related field.
• 2+ years of collateral management or credit risk experience.
• Advanced Excel modeling and large data-set handling.
• Strong analytical and problem-solving abilities.
• Excellent written and verbal communication and attention to detail.

Responsibilities

• Monitor collateral requirements, posted balances, and exposure across counterparties.
• Maintain collateral limits and escalate exceptions.
• Reconcile counterparty collateral calls with internal records and contracts.
• Identify opportunities to reduce or release collateral.
• Evaluate and propose alternative credit support forms (LCs, bonds, guarantees).
• Collaborate with credit/risk teams to challenge calculations and negotiate reductions.

Skills

Collateral management experience

Advanced Excel skills

Analytical and problem-solving

Written and verbal communication

Organizational skills

Education

Bachelor’s degree in Finance, Accounting, Economics, Risk Management, Business, or related field

Job description

Job Title: Collateral Risk Analyst

Location: Seminole, Florida

Department: Finance

Reports To: VP of Finance

Job Type: Full-Time

Position Summary

We are seeking a highly analytical and proactive Collateral Risk Analyst to manage and optimize the Company’s collateral obligations across utilities, pipelines, ISOs/RTOs, suppliers, trading counterparties, and other market participants. This role will be responsible for maintaining collateral requirements below approved limits, validating counterparty calculations, identifying opportunities to reduce posted collateral, and improving available credit capacity. The ideal candidate will combine strong financial analysis with persistent counterparty follow-up and a practical understanding of credit support instruments and energy-market exposure.

Key Responsibilities

• Monitor collateral requirements, posted balances, available credit, and exposure across all counterparties and legal entities.
• Maintain collateral requirements below established internal limits and promptly elevate actual or projected exceptions.
• Reconcile counterparty collateral calls to internal records, contractual terms, market positions, and supporting exposure calculations.
• Identify, quantify, and pursue opportunities to reduce or release collateral, including excess cash deposits and over-collateralized positions.
• Evaluate alternative forms of credit support, including letters of credit, surety bonds, parent guarantees, reserve arrangements, and unsecured credit.
• Engage counterparty credit and risk teams to understand calculation methodologies, challenge errors or unsupported assumptions, and negotiate reductions where appropriate.
• Monitor the financial, operational, contractual, and market drivers that affect collateral requirements and unsecured credit capacity.
• Prepare short- and medium-term collateral forecasts and scenario analyses to support liquidity planning and cash management.
• Maintain accurate counterparty documentation, calculation support, contact information, review schedules, and renewal or expiration dates.
• Prepare weekly and monthly reporting on total collateral, requirement versus posted amount, headroom to internal limits, excess collateral, upcoming needs, and reduction initiatives.
• Partner with Finance, Treasury, Portfolio and Risk Management, and Operations to resolve collateral matters and implement optimization strategies.
• Develop and improve collateral controls, procedures, dashboards, models, and automated reporting.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, Risk Management, Business, or a related field.
• 2+ years of relevant experience in collateral management, credit risk, counterparty risk, treasury, energy finance, commodity trading support, or financial analysis.
• Advanced proficiency in Excel, including financial modeling, reconciliations, scenario analysis, and large-data-set management.
• Strong analytical and problem-solving skills with the ability to identify calculation errors, exposure drivers, and actionable reduction opportunities.
• Excellent attention to detail, organizational skills, and follow-through.
• Strong written and verbal communication skills, including the ability to work directly with external credit and risk teams.
• Ability to manage multiple counterparties, deadlines, and competing priorities in a fast-paced environment.

Preferred Attributes

• Experience in retail energy, wholesale power, natural gas, utilities, pipelines, ISO/RTO markets, or other commodity-based businesses.
• Knowledge of utility, pipeline, and ISO/RTO credit and collateral requirements.
• Understanding of letters of credit, surety bonds, guarantees, cash collateral, and unsecured credit arrangements.
• Experience reviewing exposure reports, collateral methodologies, contracts, tariffs, or credit policies.
• Experience with ERP, treasury, risk-management, business-intelligence, or financial-reporting systems.
• Persistent and professional approach to challenging requirements and negotiating favorable outcomes.

• We offer Health, Dental, Optical and Life Insurance, PTO (paid time off) and the opportunity for promotions and room to advance.