Senior Credit Analyst

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

How You’ll Power the Future At Talen Energy

Your work fuels progress. In this role, you’ll do more than contribute you’ll drive meaningful change by:

• Manage daily credit exposure and prepare risk reports to all stakeholders and management.
• Conduct creditworthiness assessment based on ongoing and real time 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 which involves 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 across various business lines; experience with lien-based agreements preferred (ISDAs, NAESB, ICA, PPA, etc.).
• Ad hoc modeling, reporting, and analysis.

What you have

• 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 experience is ideal
• Prior experience managing exchange exposures preferred
• Strong Excel, SQL, and MicroStrategy experience
• Strong communication skills (both written and verbal)
• Exceptional organizational skills (prioritize, manage multiple deadlines, flexibility within dynamic fast-paced business environment)
• Strong interpersonal skills and ability to work in a multi-cultural environment
• Ability to perform above responsibilities as well as other finance related activities as required
• Must be proactive with the ability to work independently with high attention to detail

Why Talen Energy?

Power the Future Talen Energy is one of the largest competitive energy and power generation companies in North America. We operate power plants that use diverse fuel sources in the most attractive wholesale power markets and sell energy to wholesale and retail customers in selected competitive markets. Our passion for excellence grows value through safe and efficient operations. We have an inclusive, diverse, respectful, and collaborative workplace, and a strong commitment to innovation, teamwork, and integrity. We generate energy for a brighter tomorrow.

Collaboration

Our passion for excellence grows value through safe and efficient operations. We have an inclusive, diverse, respectful, and collaborative workplace.

Benefits include

• comprehensive health, dental, vision, prescription plans, life insurance, and disability insurance.
• employees are eligible to participate in Talen Energy’s 401(k) plan.
• Talen Energy also provides competitive vacation and sick time to its employees.

Talen Energy is an equal opportunity, affirmative action employer dedicated to diversity and the strength it brings to the workplace. All qualified applicants will receive consideration for employment without regard to race, color, age, sex, religion, national origin, veteran status, sexual orientation, genetic information, gender identity, disability, perceived disability or any other protected characteristic as may be defined by applicable law.

Talen is a leading independent power producer and energy infrastructure company dedicated to powering the future. We own, operate, and optimize high-quality power infrastructure across the United States. Our generation portfolio includes 15 generation locations capable of producing approximately 15.6 GW of power. Talen’s fleet generates electricity using a diverse mix of fuels, ranging from zero-carbon nuclear energy—including the Susquehanna nuclear facility—to natural gas, coal, and oil. We produce and sell electricity, capacity, and ancillary services into wholesale power markets across the United States, with generation assets located in key power markets. Our team is committed to generating power safely and reliably and delivering the most value per megawatt produced.

Talen is also powering the digital infrastructure revolution. We are well-positioned to capture this growing industry, as artificial intelligence data centers increasingly demand more reliable, clean power.

We have an inclusive, diverse, respectful, and collaborative workplace, and a strong commitment to innovation, teamwork, and integrity. Talen is headquartered in Houston, Texas.

Talen Energy is committed to providing a safe, drug and alcohol-free workplace. Consistent with applicable law and any collective bargaining agreements, positions may be subject to pre-employment, random, post-accident, and reasonable suspicion drug and alcohol testing.

All qualified applicants will receive consideration for employment without regard to race, color, age, sex, religion, national origin, veteran status, sexual orientation, genetic information, gender identity, disability, perceived disability, or any other protected characteristic as may be defined by applicable law.

For more information visit www.talenenergy.com.