Credit Analyst

EDF Trading Limited; Houston, Northern (TX, KY); Hybrid; USD 65,000 - 90,000; Full time

Job summary

EDF Trading North America, LLC is seeking a Credit Analyst to manage credit risk for commercial activities in the energy markets. The role involves analyzing counterparties, setting credit limits and terms, and monitoring compliance across daily, weekly and monthly reporting.

The ideal candidate has at least two years in credit, strong communication skills, and familiarity with energy products and credit documentation. This is a full-time on-site position within a fast-paced, risk-focused team.

Qualifications

• Bachelor’s degree in accounting, finance, economics, or business.
• Typically at least 2 years of credit experience.
• General understanding of credit principles.
• Proficiency with MS Office (Excel, Word, PowerPoint).
• Experience with energy products or credit documents preferred.

Responsibilities

• Perform financial analysis to assess the creditworthiness of counterparties and make recommendations for appropriate credit limits and tenor.
• Review credit requests for extended or new terms and propose appropriate course of action.
• Monitor, investigate and report limit breaches.
• Support margining activities, collateral requirements, and other credit enhancements.
• Monitor daily excess positions and late settlement payments.
• Manage daily, weekly and monthly credit reporting.
• Accurately maintain the credit system (CubeLogic) and participate in upgrades/enhancements.
• Build and maintain relationships within the Risk team, the commercial desks, other functions and customers.
• Proactively participate in a wide variety of ad-hoc queries timely and escalate as appropriate.
• Actively participate and support projects as assigned.

Skills

Credit analysis

Financial risk assessment

Analytical thinking

Education

Bachelor’s degree in accounting, finance, economics, or business

Tools

CubeLogic

S&P Capital IQ

MS Excel

MS Word

MS PowerPoint

Job description

EDF Trading North America, LLC is a major participant in wholesale energy markets and delivers customized energy solutions for our customers. We operate in every market and provide coast to coast coverage of financial and physical products in power, natural gas and NGLs, environmental products and financial crude oil products. We provide our customers with products and services that deliver access to markets, optimize their energy portfolio, hedge risk and manage assets. Our Wholesale Business operates throughout the value chain in the North American wholesale power markets and we are one of the leading wholesale natural gas marketers. Additionally, we provide environmental, congestion management and value added derivative products. With extensive pipeline agreements, we can manage natural gas offtakes, deliveries, capacities and supply anywhere across the continent. EDF Trading North America, LLC is part of the EDF Group, a global leader in low-carbon energies.

Job Description

Credit is a strategic function whose primary role is to manage the credit risk associated with commercial activities.

Responsibilities

• Perform financial analysis to assess the creditworthiness of counterparties and make recommendations for appropriate credit limits and tenor.
• Review credit requests for extended or new terms and propose appropriate course of actions.
• Monitor, investigate and report limit breaches.
• Support margining activities, collateral requirements, and other credit enhancements.
• Monitor daily excess positions and late settlement payment.
• Manage daily, weekly and monthly credit reporting.
• Accurately maintain the credit system (CubeLogic) and participate in upgrade and/or enhancements activities.
• Build and maintain relationships within the Risk team, the commercial desks, other functions and customers.
• Proactively participate in a wide variety of ad--hoc queries timely and escape as appropriate.
• Actively participate and support projects as assigned.

Requirements

• Bachelor’s degree in accounting, finance, economics, or business
• Typically has at least 2 years of experience in credit or related field
• General understanding of credit principles
• Strong written and verbal communication skills
• Proficiency with MS software (Excel, Word, PowerPoint)
• Professional experience on contractual and credit documents (e.g. NAESB, ISDA, EEI, Parental Guarantees and Letters of Credit) preferred
• Professional experience on energy products traded by EDFT an advantage (primarily power, gas, environment products) preferred
• Previous experience with S&P Capital IQ platform or CubeLogic credit system will be an advantage

Note: EDF is an EEO employer We are an equal opportunity employer and all qualified candidates will receive consideration for all positions without regard to race, color, age, religion, sex (including pregnancy), sexual orientation, gender identity, national origin, veteran status, disability, genetic information, or any other characteristic protected by law. EDF participates in the E-Verify Employment Verification Program. EDF is not currently accepting unsolicited resumes from search firms. Regardless of past practice, all resumes submitted by search firms to any employee at EDF via-email, the Internet or directly to hiring managers at EDF in any form without a valid written agreement in place for that specific position will be deemed the sole property of EDF. As a result, no fee will be paid in the event the candidate is hired by EDF.

Our experience is the culmination of everything that's unique about us; our culture, core values, commitment to sustainability and most importantly, our people. EDFT employees are self-disciplined, hard working, inquisitive, trustworthy and truthful. They make choices based on what is best for the team, and live for opportunities to make a difference. We are committed to equipping our employees with the tools that will enable them to fulfil their job to the highest standard. To that end we offer a wide range of technical and personal development courses both in-house and through third-party providers. We are proud of our work ethic and cultural diversity. We are high-performing people working together to achieve common goals. Innovative and flexible in our thinking, we are able to adapt and change, which is critical to our success.

"Issues are met with feedback, solutions and discussion. Mistakes at EDFT are seen as experiences not failures."

"It is a fast-paced and dynamic working environment where each day is interesting and challenging. There’s also an incredible pool of talent and skills within EDFT. I’m continuously learning from my colleagues."

"There is no ‘typical’ day. I work on a wide range of compensation, benefit and mobility projects throughout the year. One thing’s for sure though, I’ll have my head in a spreadsheet at some point."