Credit Manager / Sr. Credit Analyst

Professional Alternatives

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Job ID#: 10809

MANAGER, CREDIT RISK (In-Office role in Dallas-Ft. Worth, TX)
Job Summary

Oversees a team of Credit Analysts who monitor the power trading business activities to ensure adherence to credit and cash management policies and procedures.  Will also be vital to establishing new customer relationships and negotiating credit terms.

Essential Job Functions:

  • Manage Credit Analysts and direct their work activities, including providing ongoing performance feedback and training
  • Review analyst credit reviews and recommendations
  • Assign requests and project tasks to team members.
  • Guide and support team members with individual tasks as needed.
  • Attend market meetings and market conference calls representing power trading and its customers.
  • Monitor trading activity in relation to credit limits and contractual terms
  • Assist deal makers/origination and biz-dev team evaluating new business opportunities.
  • Assist in contract negotiation and documentation (i.e. EEI, WSPP, ISDA and credit and related annexes)
  • In coordination with legal, review language and terms of credit support documents (letters of credit, guarantees, etc.)
  • Update power trading system and credit systems to ensure accuracy of data and reports
  • Review and distribute credit risk reports
  • Promote good communication and cooperation with other departments
  • Various other projects as assigned

Education/Experience/Skills

  • Bachelor’s degree in Accounting, Finance, Economics, Business or another related field; additional work experience may be accepted in lieu of degree
  • 5+ years relevant work experience
  • Advanced understanding of financial statement analysis sufficient to perform deep-dive analysis of financial wherewithal.
  • Prior experience with Independent System Operator (ISO) credit policies, procedures and working groups
  • Prior experience in the wholesale power and/or retail electricity industry required
  • Programming experience, particularly with VBA and/or C# a significant plus
  • Strong knowledge of industry standard master agreements (ISDA, EEI, NAESB) and associated credit provisions, highly preferred
  • Prior experience managing employees, including providing career development opportunities and feedback
  • Problem solving skills, ability to use logic and analysis to identify the strengths and weaknesses of different approaches, distinguish trends and impacts, and identify causes and effects 
  • High experience level with Microsoft EXCEL (Pivot Tables, LookUps area  MUST)
  • MS Office (Word, Power Point, Access, etc.)
  • Ability to prioritize assigned projects and tasks
  • Must have strong customer service, time management, and written/verbal communication skills

COMPENSATION:

  • Market competitive base compensation up to $130K depending on experience plus discretionary year-end bonus
  • Industry competitive benefits

Qualified confidential Inquiries to: [email protected]

 

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