Senior Analyst - Credit Risk Management

Energy Transfer•Houston, TX

11d•Onsite

About The Position

Energy Transfer is seeking an experienced credit risk professional with expertise in negotiating credit-related provisions in energy agreements. This role combines credit risk analysis with hands-on contract negotiation to ensure Energy Transfer’s interests are protected in commercial transactions. This role will primarily work closely with legal, commercial, and risk teams to structure and negotiate credit terms in agreements including but not limited to, PSAs, NAESBs, ISDAs, TSAs, and PAs, while implementing strategies to mitigate credit exposure.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, or a related field or equivalent work experience.
Minimum 5 years of experience managing counterparty credit risk for energy industry transactions, including evaluating financial exposure and negotiating credit provisions in commercial agreements.
Familiarity and experience with credit reporting agencies, credit risk principles, and scoring models.
Understanding of FERC regulations, Dodd-Frank compliance, and other relevant energy market regulations.
Proficient in Excel and Word.
Demonstrate exceptional attention to detail.
Excellent verbal and written communication skills, with the ability to clearly articulate credit positions and negotiate complex contract provisions with internal stakeholders and counterparties.
Strong analytical and problem-solving skills.
Ability to work effectively in a collaborative team environment and building strong relationships cross-functionally to achieve shared objectives.
Strong mentoring skills to train and guide junior analysts.
Senior Analyst level requires a Bachelor’s degree or equivalent work experience and 5+ years of relevant experience.
Lead Analyst level requires a Bachelor’s degree or equivalent work experience and 8+ years of relevant experience.

Nice To Haves

Deep understanding of commercial energy contracts.
Proven ability to negotiate credit provisions in complex energy agreements under tight timelines.
Understanding FERC regulations, Dodd-Frank compliance, and other relevant energy market regulations.
Experience leading negotiations teams and mentoring junior staff.

Responsibilities

Review and negotiate ancillary trading documentation and commercial agreements including but not limited to, ISDA, natural gas storage and transportation agreements, ISDAs, CSAs, and other industry-standard agreements, as required.
Collaborate with legal and commercial teams during contract drafting, review, and negotiation to ensure credit provisions align with company policies and effectively mitigate credit exposure.
Analyze counterparties’ creditworthiness using financial statements, credit scoring models, and industry data to make recommendations on appropriate credit limits or risk mitigation strategies.
Actively manage a diverse credit portfolio, monitoring changes, events, and exposures, and provide timely analysis and insights to senior management.
Maintain credit system database efficiently with counterparty names, credit support documentation, and agency/internal credit rating.
Implement strategies to manage credit risk, including collateral management (letters of credit, margin calls, surety bonds, liens, etc.).
Maintain accurate credit system databases and documentation.
Work with cross-functional teams to provide insights on credit risk and recommend and implement process improvements.
Identify and recommend process improvements for credit risk management.
Able to professionally, accurately and promptly respond to counterparty margin calls and requests.
Provide information for miscellaneous reports on an ad hoc basis.
Mentor junior analysts and provide strategic guidance on complex transactions.