Credit & Cash Management Analyst

Tenaska•Irving, TX

2d•Onsite

About The Position

The Credit and Cash Management Analyst monitors the daily trading activities to ensure adherence to credit and cash management policies and procedures. They will also analyze counterparty financial statements and prepare formal credit reviews of counterparties to recommend credit limits to management.

Requirements

Bachelor’s degree in Accounting, Finance, Economics, Business or another related field and 2-5 years relevant work experience; however, additional work experience may be accepted in lieu of a degree
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
Basic knowledge of Microsoft Office applications (Word, Excel, Power Point, Access, etc.)
Ability to prioritize assigned projects and tasks
Must have strong customer service, time management, and written/verbal communication skills
Applicants must be authorized to work for any employer in the U.S. The Company is not able to take over sponsorship of an employment visa at this time for this position or commit to doing so in the future for individuals with current authorization to work via, for example, CPT or OPT, and would need sponsorship in the future.

Nice To Haves

Prior experience in financial statement analysis
Advanced knowledge of Microsoft Excel
Understanding of the wholesale and/or retail electricity industry
Programming experience, particularly with VBA and/or C#

Responsibilities

Make and respond to daily margin/collateral requests
Evaluate counterparties’ financial condition to determine creditworthiness and recommend credit limits
Monitor trading activity in relation to credit limits and contractual terms
Process payments and manage reporting on controlled accounts utilized for collateral
Assist in contract negotiation and documentation
Administer delivery and receipt of credit support documents (letters of credit, guarantees, etc.)
Update trading and credit systems to ensure accuracy of data and reports
Run, review, and distribute credit risk reports
Various other projects as assigned