Credit Analyst

EDFT•Houston, TX

88d

About The Position

Credit is a strategic function whose primary role is to manage the credit risk associated with commercial activities. EDF Trading North America, LLC is a major participant in wholesale energy markets and delivers customized energy solutions for our customers. We operate in every market and provide coast to coast coverage of financial and physical products in power, natural gas and NGLs, environmental products and financial crude oil products. We provide our customers with products and services that deliver access to markets, optimize their energy portfolio, hedge risk and manage assets. Our Wholesale Business operates throughout the value chain in the North American wholesale power markets and we are one of the leading wholesale natural gas marketers. Additionally, we provide environmental, congestion management and value added derivative products. With extensive pipeline agreements, we can manage natural gas offtakes, deliveries, capacities and supply anywhere across the continent. EDF Trading North America, LLC is part of the EDF Group, a global leader in low-carbon energies.

Requirements

Bachelor’s degree in accounting, finance, economics, or business
Typically has at least 2 years of experience in credit or related field
General understanding of credit principles
Strong written and verbal communication skills
Proficiency with MS software (Excel, Word, PowerPoint)
Professional experience on contractual and credit documents (e.g. NAESB, ISDA, EEI, Parental Guarantees and Letters of Credit) preferred
Professional experience on energy products traded by EDFT an advantage (primarily power, gas, environment products) preferred
Previous experience with S&P Capital IQ platform or CubeLogic credit system will be an advantage

Responsibilities

Perform financial analysis to assess the creditworthiness of counterparties and make recommendations for appropriate credit limits and tenor.
Review credit requests for extended or new terms and propose appropriate course of actions.
Monitor, investigate and report limit breaches.
Support margining activities, collateral requirements, and other credit enhancements.
Monitor daily excess positions and late settlement payment.
Manage daily, weekly and monthly credit reporting.
Accurately maintain the credit system (CubeLogic) and participate in upgrade and/or enhancements activities.
Build and maintain relationships within the Risk team, the commercial desks, other functions and customers.
Proactively participate in a wide variety of ad‐hoc queries timely and escalate as appropriate.
Actively participate and support projects as assigned.