Analyst Credit - Ld/Sr

Iberdrola•Boston, MA

20h

About The Position

The Senior Credit Analyst is responsible for evaluating, monitoring, and managing credit risk across energy market counterparties and procurement-facing suppliers and vendors. This role supports trading, origination, and procurement organizations by establishing appropriate credit limits, payment terms, and risk mitigation structures for physical energy transactions, long‑term contracts, and third‑party suppliers. The position plays a critical role in protecting the company from counterparty default risk while enabling commercial and procurement activities to operate efficiently. The Senior Credit Analyst role reports into the Senior Director of Credit Risk.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, Engineering, or related field of study and a minimum of five (5) years of relevant experience in the field of Credit, Energy Trading and/or Risk Management.
An equivalent combination of education and experience may be considered.
Strong financial analysis and cash flow modeling skills.
Solid understanding of contracts and procurement structures.

Nice To Haves

MBA or MS degree in Finance, CFA, FRM, or equivalent certification.
Prior experience in energy trading, utilities, renewables, or infrastructure
Prior experience in procurement or supplier risk management environments
Experience with project finance, EPC contracts, or renewable asset development.
Familiarity with ISDA, NAESB, supply agreements, and performance security instruments.
Experience working with ETRM/CTRM, ERP, or vendor risk platforms.

Responsibilities

Perform comprehensive credit assessments of energy market counterparties and procurement vendors, including: O&M vendors, EPC contractors, and equipment manufacturers Utilities, IPPs, producers, marketers, traders, and C&I customers
Analyze financial statements, liquidity profiles, cash flows, and capital structures.
Evaluate vendor dependency risks, contract criticality, and concentration exposure.
Assign internal credit ratings and recommend appropriate payment terms, credit limits, milestones, and collateral requirements.
Monitor ongoing credit exposure across both trading and procurement portfolios.
Identify deterioration in supplier or counterparty credit quality and escalate concerns proactively.
Develop contingency recommendations for high‑risk or mission‑critical suppliers.
Act as a trusted credit advisor to Trading, Origination, and Commercial teams.
Review and approve new counterparties, suppliers, and deal structures from a credit risk perspective.
Support structuring of power purchase agreements.
Prepare detailed credit memoranda for Credit or Risk Committee review.
Ensure compliance with internal credit policies, procurement standards, and risk governance frameworks.
Contribute to portfolio‑level analysis covering, supplier concentration and dependency risk
Partner closely with Procurement, and Legal teams during vendor onboarding and contracting.
Participate in continuous improvement initiatives related to vendor risk management and procurement processes.