Commodity Credit Analyst

RWE • New York, NY

6d

About The Position

RWE Trading Americas Inc. ("RWETA") is a dynamic energy tradingpany based in the heart of New York City. As an affiliate of RWE Supply & Trading GmbH, the globally activemercial hub of international renewable energypany RWE AG, RWETA boasts an extensive crossmodity trading and origination mandate and access to world class energy trading infrastructure and expertise. With the America's being a core growth region for the RWE Group, RWETA has ambitious expansion plans and seeks highly motivated and experienced professionals to join the NYC-based team.

Requirements

• Bachelor's degree in business administration, finance or economics or similar business fields
• Minimum 7+ years in Credit Risk Management with high focus on quality counterparty analysis and deep understanding of liquidity-credit impact. Banking or international tradingpany experience is highly desirable.
• Solid understanding of the North American domestic energy markets (gas & power), both physical and financial, as well as the fundamental factors and economics that drive the markets
• Sound knowledge of the methods of credit risk analysis, balance sheet analysis and cash flow analysis
• Experience with special credit situations such as first lien or IPP counterparties
• Good working knowledge of ISDAs, EEIs, NASBs and similar legal contracts for energy trading
• Stronganization skills, able to meet tight deadlines and coordinate multiple tasks
• Entrepreneurial thinking and sense of responsibility
• Strong interpersonal skills with the ability to negotiate and manage conflicts
• Ability to work independently and as part of a team

Nice To Haves

• Master's degree is a plus
• Banking or international tradingpany experience is highly desirable.

Responsibilities

• Managing a credit portfolio focusing primarily on energy (pipelines, utilities, oil/gas producers and IPPs) and tradingpanies headquartered in the Americas.
• Proactively managing credit risks and minimizing credit losses while considering liquidity requirements of the RWE Group.
• Ensuring appropriate negotiation of credit terms for the business being undertaken, with a sound working knowledge of different contracts including ISDAs with CSAs (inc First Liens) NAESB, and EEIs.
• Preparing succinct and high-quality credit analysis reports, including risk/reward decisions.
• Evaluation of transaction specific characteristics, based on exposure, tenor, collateral and deal structure vis a vis RWE policy.
• Partnering with the Front Office to understand all risks and trading strategies. Actively challenge and debate assumptions and underlying risk to ensure timely and appropriate response to business requirements. Rmending innovative risk mitigation solutions, w appropriate.
• Keeping abreast of current trends and market developments in areas of expertise.
• Maintaining a consistent interface cross-functionally both within RWETA and globally across the wider RWEanization, including colleagues in Europe, Singapore and the US.
• Understanding and adnce to RWE credit and finance policies, systems and processes.

Benefits

• We offer an environment w working is meaningful, respected and supported.
• RWE Supply & Trading is a leading European energy tradingpany and top tier global employer. Our incredibly diverse and dedicated team of experts has been representing the RWE Group on the global wholesale markets for energy and energy-related raw materials and services for more than 20 years. Building on the continuous evolution of our European trading foot, and the successful expansion of our local trading presence in the APAC region, we now have a strong confidence andmitment to succeed with our growth plans in North America;
• We offerpetitive terms of employment, excellent benefits, and an open and collaborative work environment.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees