Analyst, Credit Risk

Brookfield Renewable U.S.•Gatineau, QC

3h•Onsite

About The Position

Reporting to the Senior Director Risk Control and Credit Risk, the incumbent will be part of a team who supports Brookfield Renewable in achieving effective Risk Management. By providing expertise to the daily activities related to the credit risk function, the analyst will evaluate, analyze, and monitor credit risk in an energy trading and origination environment while working closely with the front office to assess the credit risks involved with new and proposed transactions. This position presents a unique opportunity to apply credit risk management concepts in a best in class renewable energy company.

Requirements

Undergraduate degree in quantitative discipline (e.g. economics, finance, computer science, mathematics, physics or engineering)
Ability to work with Power BI, Alteryx, or other data analytics platform
Ability to analyze financial statements and interpret financial ratios
Advanced proficiency in MS Office, with emphasis on MS Excel
Experience with Databases (run reports, queries, searches, etc.)
Ability to understand complex rules and regulations
Attention to Detail: Working in a conscientious, consistent and thorough manner
Time Management/Priority Setting: The process of exercising conscious control over the amount of time spent
Achievement Orientation: Focusing efforts on achieving high quality results with the organization’s standards
Teamwork: Working collaboratively with others to achieve organizational goals
Adaptability: Adapting in order to work effectively in ambiguous or changing situations, and with diverse individuals and groups
Information Gathering and Processing: Locating and collecting data from appropriate sources and analyzing it to prepare meaningful and concise reports that summarize the information
Managing and Measuring Work: Organizing time, work and resources (e.g., people) to accomplish work objectives effectively and efficiently; tracking progress toward accomplishing the work objectives
Analytical Thinking: Analyzing and synthesizing information to understand issues, identify options, and support sound decision making.

Nice To Haves

master’s degree and/or financial designation (e.g. CFA, FRM or ERP) is considered an asset
ISDA negotiation of credit provisions experience is considered an asset
Previous experience in credit risk or energy industry, or other commodity/derivatives market would be considered an asset
Experience in building financial models would be considered an asset
programming skills in Python are considered an asset

Responsibilities

Analyze various elements of credit risk during due diligence process primarily related to renewable energy transactions for new and existing counterparties;
Update and maintain information in the risk management system related to new and existing counterparties and credit limits;
Monitor credit exposure to ensure compliance with Risk Management Policy on a daily basis and investigate and report instances of non-compliance;
Monitor collateral usage rate at ISOs/RTOs and margin activities on financial products with Futures Commission Merchants
Collaborate with departments across the organization including trading and legal to manage collateral positions for trading activities;
Participate in group initiatives to improve credit reporting and reporting infrastructure/processes;
Work on special projects from senior management and other teams;
Support the Credit Risk team in various other tasks.