Energy Credit Risk Analyst — Real-Time Exposure Leader

Talen Energy; Houston (TX); On-site; USD 120,000 - 170,000; Full time

Benefits offered by this job

Health, dental, vision, prescription,

401(k) plan

Vacation and sick time

Job summary

Talen Energy, headquartered in Houston, TX, seeks a senior credit risk professional to lead credit exposure management and risk reporting for its commodity portfolio.

You will assess creditworthiness, manage collateral for bilateral and cleared transactions, and model key credit metrics, collaborating with traders and management. A strong background in Excel, SQL, and MicroStrategy is essential.

Qualifications

• Bachelor’s Degree in accounting, finance, or business-related discipline.
• Deep understanding of financial statements
• Master’s Degree is a plus
• 8+ yrs. credit experience in commodities, power preferable
• Prior experience managing exchange exposures preferred
• Strong Excel, SQL, and MicroStrategy experience
• Strong communication skills (written and verbal)
• Exceptional organizational skills in a fast-paced environment
• Strong interpersonal skills and ability to work in a multi-cultural environment
• Proactive, detail-oriented, able to work independently

Responsibilities

• Manage daily credit exposure and prepare risk reports to stakeholders and management.
• Conduct creditworthiness assessment based on ongoing developments and market condition changes for all existing and new counterparties.
• Provide recommendations on establishment of controls or appropriate limit setting.
• Manage collateral for bilateral and cleared transactions involving interaction with FCM, traders, and management.
• Model credit metrics including PFE to assist with risk analyses across the company’s portfolio and on the counterparty level.
• Manage ISO protocols from a credit perspective, including reporting and collateral requirements.
• Negotiate and track all company guarantees.
• Maintain all credit related data within the ETRM system.
• Independently review credit terms in enabling agreement and credit support documents; lien-based agreements experience preferred (ISDAs, NAESB, ICA, PPA, etc.).
• Ad hoc modeling, reporting, and analysis.

Skills

Credit risk

Financial statements

Excel

SQL

MicroStrategy

Communication skills

Organizational skills

Interpersonal skills

Education

Bachelor’s degree in accounting, finance, or business-related discipline

Master’s degree is a plus

Tools

MicroStrategy

Job description

Talen Energy, headquartered in Houston, TX, seeks a senior credit risk professional to lead credit exposure management and risk reporting for its commodity portfolio.

You will assess creditworthiness, manage collateral for bilateral and cleared transactions, and model key credit metrics, collaborating with traders and management. A strong background in Excel, SQL, and MicroStrategy is essential.