Senior Credit Risk Analyst, Energy Trading

Exelon Corporation; Chicago (IL); On-site; USD 86,000 - 118,000; Full time

Benefits offered by this job

401(k) match

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

Paid time off

Tuition reimbursement

Employee assistance

Job summary

Exelon Corporation in Chicago seeks a Senior Analyst, Credit Risk to manage a regional credit portfolio, assess credit risk for wholesale power and gas activities, including trading and origination, and evaluate retail credit issues for the retail supply business.

The role partners with Corporate Accounting, Treasury and Risk to monitor counterparty credit, prepare presentations for Senior Management, and develop reporting tools to support risk decisions.

Qualifications

• BS in Accounting, Economics, Finance, Mathematics, or a related degree.
• 4-7 years of relevant experience.
• Advanced understanding of Mark to Market calculations and valuations of forward contract positions.
• In-depth knowledge of credit and risk management fundamentals.
• Thorough understanding of financial and wholesale energy trading markets.
• Ability to evaluate creditworthiness of a company and clearly convey results in a well written report.
• Excellent organizational, verbal and written communication skills with ability to handle multiple duties.
• Strong interpersonal skills with the ability to interact with commercial and functional partners, external counterparties, vendors, and senior level executives within Risk and Finance.

Responsibilities

• Assess and analyze the credit worthiness of customers and trading counterparties, and monitor current and potential exposures. (30%)
• Recommend credit terms and conditions within customer and wholesale commodity contracts. (20%)
• Coordinate with the margining and treasury teams on counterpart collateral including cash, letters of credit and parental guarantees. Also, coordinate effectively with Receivables team to monitor aged receivables to ensure timely collection. (15%)
• Assist on presentations to Senior Management that include credit decisions and recommendations, while highlighting top credit risks within the organization. (15%)
• Manage credit relationships with assigned counterparties, Regional Transmission Organizations, and Gas Pipelines. Lead analytical support of these credit relationships. (10%)
• As directed by Credit leadership, lead the coordination, maintenance, and implementation of improved reporting and functionality of Credit Risk systems. (10%)

Education

BS in Accounting, Economics, Finance, Mathematics, or a related degree

Job description

Exelon Corporation in Chicago seeks a Senior Analyst, Credit Risk to manage a regional credit portfolio, assess credit risk for wholesale power and gas activities, including trading and origination, and evaluate retail credit issues for the retail supply business.

The role partners with Corporate Accounting, Treasury and Risk to monitor counterparty credit, prepare presentations for Senior Management, and develop reporting tools to support risk decisions.