Senior Credit Risk Analyst – Wholesale Energy

Exelon Corporation; Washington (IL); Hybrid; USD 86,000 - 118,000; Full time

Benefits offered by this job

Annual Bonus 15%

401(k) match

Medical, dental and vision insurance

Life and disability insurance

Generous paid time off

Employee Assistance Program

Wellbeing programs

Referral bonus program

Job summary

Exelon Corporation is seeking a Senior Analyst, Credit Risk to manage a regional credit portfolio within wholesale power and gas activities and to assess retail credit issues for the retail supply business. You will work closely with Corporate Accounting, Treasury and Risk to monitor exposures and provide credit decisions.

The role requires a BS in Accounting, Economics, Finance, Mathematics, or related field and 4–7 years of relevant experience, with strong MTM knowledge, credit risk

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.
• Must be self motivated and possess excellent time management skills
• Strong computer and spreadsheet modeling skills
• Ability to handle multiple tasks in a fast paced energy commodity trading environment

Responsibilities

• Assess and analyze the credit worthiness of customers and trading counterparties, and monitor current and potential exposures.
• Recommend credit terms and conditions within customer and wholesale commodity contracts.
• 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.
• Assist on presentations to Senior Management that include credit decisions and recommendations, while highlighting top credit risks within the organization.
• Manage credit relationships with assigned counterparties, Regional Transmission Organizations, and Gas Pipelines. Lead analytical support of these credit relationships.
• As directed by Credit leadership, lead the coordination, maintenance, and implementation of improved reporting and functionality of Credit Risk systems.

Skills

Credit risk

Risk management

Financial analysis

Excel modeling

Communication skills

Time management

Interpersonal skills

Team collaboration

Education

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

Tools

Excel

Job description

Exelon Corporation is seeking a Senior Analyst, Credit Risk to manage a regional credit portfolio within wholesale power and gas activities and to assess retail credit issues for the retail supply business. You will work closely with Corporate Accounting, Treasury and Risk to monitor exposures and provide credit decisions.

The role requires a BS in Accounting, Economics, Finance, Mathematics, or related field and 4–7 years of relevant experience, with strong MTM knowledge, credit risk