Credit Risk Associate

Rückbauanlage Gundremmingen•Chicago, IL

1d•Onsite

About The Position

The Credit Risk Associate will analyze and mitigate credit risk exposure for RWEA. RWE Americas is a US-based energy company that is helping to meet the growing demand for energy across the United States. Backed by RWE’s 125-year global legacy of managing diverse power assets, RWE Americas operates approximately 13 GW of power projects across 27 states. With a talented workforce of 2,000 employees, RWE Americas develops, constructs and operates wind, solar and battery storage projects, along with natural gas-powered generation, that safely deliver affordable, reliable electricity to our customers. Committed to responsible development, RWE Americas invests in local and rural communities, creating jobs and partnering with stakeholders to support and strengthen the places where we live and work. At RWE Americas, we foster a culture defined by our Essential Behaviors - Have Courage, Create Impact and Actively Collaborate. We encourage bold thinking and continuous learning, and we value ownership, resilience and inclusion in everything we do. When you join us, you become part of a team that supports your development, respects your contributions and celebrates shared success. This is a place where you can grow your career and make a meaningful difference.

Requirements

Bachelor’s degree or equivalent in business administration, finance or economics required
Minimum 1 year of experience in counterparty credit management within the energy, utilities, or banking sectors
Experience in analysis of corporate and financial institutions from a credit risk, balance sheet, and cash flow perspective
Working knowledge of different contracts e.g. ISDA, PPA’s, REC, and the credit terms within those contracts is a plus
Experience successfully prioritizing and completing work independently, demonstrating initiative, dependability, and strong self-motivation
Proven ability to build relationships and effectively communicate with people from a diverse set of backgrounds
Ability to work within tight deadlines
Ability to work independently and as part of a team
Must be able to sit, walk or stand for long durations of time
Strong interpersonal skills, with ability to manage customer relationships
Demonstrated desire to learn about the Company and the renewables space
Excellent proficiency with Microsoft Office (Excel, Word, PowerPoint, Outlook) and Teams
Strong leadership and communication, and ability to meet deadlines
Strong organization skills and ability to coordinate multiple tasks and deliverables
Ability to multi-task, while working independently and as part of a team
Motivated self-starter, goal-oriented, and strong problem-solving abilities
Proven ability to empathize, build relationships, and effectively communicate with people from a diverse set of backgrounds
Responds well to direction, is easy to challenge and develop, and is coachable
Is detail-oriented, has strong business acumen, and a sound understanding of business concepts
Applicants must be legally authorized to work in the United States.
RWE Americas is unable to sponsor or take over sponsorship of employment visas at this time.

Responsibilities

Assess and monitor counterparty credit exposures, including payment, performance, and supplier risks, for assigned portfolios primarily in North America
Prepare concise credit reports and rating assessments using financial statements, rating agency reports, and market news to support internal approvals.
Utilize AI per policy guidelines, verifying data accuracy
Set up, monitor and maintain counterparty profiles, credit limits, and collateral requirements within RWE Credit Risk systems under supervision
Support credit risk initiatives and internal reporting through accurate data collection and maintenance, including incoming and outgoing collateral
Utilize credit risk systems to input, track and manage credit exposures in line with policies and procedures
Collaborate with Legal and Front/Back Office teams to review credit requirements and ensure compliance with contractual terms