Sr. Credit Analyst

EDFT•Houston, TX

About The Position

EDF Trading North America, LLC is a major participant in wholesale energy markets and delivers customized energy solutions for our customers. We operate in every market and provide coast to coast coverage of financial and physical products in power, natural gas and NGLs, environmental products and financial crude oil products. We provide our customers with products and services that deliver access to markets, optimize their energy portfolio, hedge risk and manage assets. Our Wholesale Business operates throughout the value chain in the North American wholesale power markets and we are one of the leading wholesale natural gas marketers. Additionally, we provide environmental, congestion management and value added derivative products. With extensive pipeline agreements, we can manage natural gas offtakes, deliveries, capacities and supply anywhere across the continent. EDF Trading North America, LLC is part of the EDF Group, a global leader in low-carbon energies. Job Description: The Credit team is responsible for the management of all aspects of the credit risk mitigation effort including researching and analyzing new and existing counterparties to determine appropriate levels of exposure, negotiating and structuring of contracts and credit support arrangements, and monitoring and reporting of credit exposures and events.

Requirements

Minimum 5 years’ experience in managing counterparty credit risk for ene r gy industry transactions
Unde r graduate degree in an analytical field (e.g. – accounting, finance, mathematics, etc.) required; Advanced degree, C F A/C P A beneficial
B anking, or related experience underwriting exploration and production companies and/or reserved based
W orking knowledge of financial and physical ene r gy trading markets; ISO markets and retail electricity & natural gas markets are preferred
Advanced financial modeling skills, including Excel, VBA, SQL, etc.
Strong understanding of business processes, controls, and documentation
Strong level of attention to detail and proactive in approach to problem-solving
Strong verbal and written skills with the ability to communicate e f fectively with all levels of the business and stakeholders
Highly motivated and enthusiastic and able to respond to changes in priorities
Confident and articulate team player that collaborates and contributes to the overall success of the team
Strong o r ganizational skills and ability to prioritize

Responsibilities

Perform financial statement analysis in order to assess the creditworthiness of trading and retail counterparties and make recommendations as to appropriate tenor and credit limit.
Review credit requests for extended or new terms and propose appropriate course of actions to commercial leads based on EDFES ’ s credit polic y .
Present financial analysis and credit modelling results to management as part of credit approval process.
Actively involved in the negotiation of credit terms in master trading and retail agreements.
Actively involved in the negotiation of credit terms in structured transactions including but not limited to lock-box arrangements, lien based structures, depository control agreements and other commodity financing structures.
Actively involved in the negotiation of Ene r gy Management Agreements
Monitoring, investigation and reporting of limit breaches.
Actively involved in the management of a credit portfolio and expected to identify and analyze portfolio changes, events and analytics to upper management.
Providing timely response to internal and external credit risk queries.
V et all customers from a Know Y our Customer (KYC) perspective.