Lead Risk Analyst, Credit

Vistra•Irving, TX

11h•Hybrid

About The Position

Lead member of the Risk Group, focused on wholesale credit risk including the assessment of the creditworthiness of new and existing counterparties, determining appropriate credit treatments based on these assessments, and assuring consistent application of existing credit policies, all with the goal of supporting commercial transactions, minimizing collateral costs and minimizing credit losses. Responsibilities include interface with cross-functional teams including Commercial, Legal, and Finance as well as external counterparties.

Requirements

Experienced gained through college degree programs and/or certifications in business, economics, or other related discipline
3-5 years of trading or risk management experience
Advanced computer skills particularly Microsoft suit of products (Excel, Word, etc.)

Nice To Haves

Computer programming skills in SAS, VB, VBA, C++, SQL is a plus

Responsibilities

Execute day-to-day credit analyses for existing and prospective counterparties; recommend credit limits or collateral under the review of the Director of Credit Risk.
Review, analyze, and summarize counterparty financial statements.
Maintain daily exposure calculations and respond to routine margin calls; escalate complex exceptions to Director.
Support bilateral credit negotiations by providing analysis and draft terms; participate in discussions under senior guidance.
Prepare weekly exposure and collateral reports.
Administer ISO/Exchange margining processes and ensure simple collateral postings are completed accurately; coordinate with Commercial and Legal on routine matters.
Provide training & support to team members and peers.
Identify emerging risks for development or M&A projects; provide preliminary assessments for review by the Director of Credit Risk.
Ensure compliance with established credit policies and controls; promptly escalate exceptions.
Collaborate primarily with Commercial, Legal, and Finance teams.