Credit Risk Management Analyst Sr-Principal

American Electric Power • Columbus, OH

2d • $93,000 - $123,000

About The Position

Where Putting the Customer First Powers Everything We Do! At AEP, we’re more than just an energy company — we’re a team of dedicated professionals committed to delivering safe, reliable, and innovative energy solutions. Guided by our mission to put the customer first, we strive to exceed expectations by listening, responding, and continuously improving the way we serve our communities. If you're passionate about making a meaningful impact and being part of a forward-thinking organization, this is the company for you! Credit Risk Management Analyst Senior (Salary Grade 7) Credit Risk Management Analyst Principal (Salary Grade 8) What You'll Do: Mitigate credit risks to preserve revenues and avoid losses while facilitating business opportunities on a mostly autonomous basis and for complex transactions.

Requirements

• Credit Risk Management Analyst Senior (Salary Grade 7)
• Education: Bachelor Degree, preferably in Finance or Accounting, or Associates degree, preferably in Finance or Accounting with two (2) years of experience.
• Experience: Minimum five (5) years total work experience in addition to any experience noted above.
• Credit Risk Management Analyst Principal (Salary Grade 8)
• Education: Bachelor's Degree, preferably in Finance or Accounting; (Or) Associate's degree, preferably in Finance or Accounting with two (2) years of experience.
• Experience: Minimum of seven (7) years of work experience in addition to any experience identified above.
• High level proficiency with Excel, PowerPoint, and database management tools/software.
• Excellent written and oral communication skills.
• Knowledge and/or experience in commercial and commodity transactions.
• Project leadership and multi-tasking skills.

Responsibilities

• Credit Analysis: Perform initial and/or ongoing quantitative and qualitative analysis of customers, suppliers, or counterparties to establish monetary limits, tenor limits, and internal ratings in relation to the purchase or sale of services and commodities.
• Portfolio Management: Monitor monetary limits, tenor limits, and ratings for counterparties. Monitor industry news to assess any relevant impact on counterparties and identify potential portfolio actions. Perform margining and related tasks in a proficient manner. Maintain data integrity within the credit risk system, including counterparty, contracts, collateral, ratings, and other pertinent information. Judiciously manage and provide administration of collateral held or posted for counterparties, RTOs, or exchanges, including guarantees, cash, letters of credit, and surety bonds.
• Reporting: Prepare credit risk reports for risk committees, executive meetings, and financial or compliance purposes.
• Contracts: Negotiate credit provisions for master agreements and supporting collateral documents, such as the collateral annex, guarantees, letters of Credit, netting agreements.
• Supervision: Supervise, train, and assist in the coaching and development of the margin desk personnel and others and provide input for mid-year and annual performance reviews. Provide guidance and coaching to junior analysts with respect to decision-making, counterparty reviews, and financial reporting.
• RTOs: Actively participate through credit working groups to influence credit policies, optimize benefits for the Company, and inform appropriate stakeholders of pertinent developments.
• Other: Recommend and Implement strategies to improve processes and systems to assess, measure, and monitor credit risk.

What This Job Offers

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