Sr. Credit Analyst

EDF Trading•Houston, TX

24d

About The Position

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 energy industry transactions
Undergraduate degree in an analytical field (e.g. – accounting, finance, mathematics, etc.) required; Advanced degree, CFA/CPA beneficial
Banking, or related experience underwriting exploration and production companies and/or reserved based
Working knowledge of financial and physical energy 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 effectively 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 organizational skills and ability to prioritize

Nice To Haves

Advanced degree, CFA/CPA beneficial
Working knowledge of financial and physical energy trading markets; ISO markets and retail electricity & natural gas markets are preferred

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 policy.
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 Energy 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.
Vet all customers from a Know Your Customer (KYC) perspective.