Sr. Risk Analyst (DOA)

Vistra • Irving, TX

1d • Hybrid

About The Position

This position provides support to the Credit Risk organization reporting to the Credit Risk Manager and is responsible for a number of daily and monthly deliverables. The Senior Credit Analyst is responsible for analyzing and reporting external/internal credit information, and providing advice and recommendations through technical analysis regarding credit information. The Credit Risk department 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, managing collateral requirements, negotiating and structuring of contracts and credit support arrangements, and monitoring and reporting of credit exposures and events.

Requirements

• Analyzing and reporting external/internal credit information
• Providing advice and recommendations through technical analysis regarding credit information
• Researching and analyzing new and existing counterparties to determine appropriate levels of exposure
• Managing collateral requirements
• Negotiating and structuring of contracts and credit support arrangements
• Monitoring and reporting of credit exposures and events
• Forecasting and analysis of collateral requirements
• Performing daily bilateral margining activities
• Reporting business activities
• Ad hoc assessment of credit system issues/enhancements
• Performing daily, monthly and quarterly reporting of business results and operational activities
• Developing reports on credit portfolio management, group performance, ICE relations, financial quality of counterparties, SOX compliance, financial statement disclosures, and other key metrics that ensure compliance with Risk Management Policy.
• Interfacing with front office traders, planning, accounting, pricing, confirmation and deal entry, and other Vistra reporting groups to meet ad hoc report requests.

Nice To Haves

• Provide training & support to team members and peers.

Responsibilities

• Review, analyze, and summarize counterparty financial statements.
• Manage dynamic credit requirements associated with exchange counterparties, including, but not limited to, forecast and analysis of collateral requirements.
• Perform daily bilateral margining activities, including reporting, dispute resolution and maintaining counterparty relationships.
• Communicate with internal and external clients regarding margining, valuation disputes and collateral postings, as well as respond to credit risk queries in a timely manner.
• Perform reporting of business activities and ad hoc assessment of credit system issues/enhancements.
• Perform daily, monthly and quarterly reporting of business results and operational activities and ad hoc assessment of credit system issues/enhancements.
• Provide training & support to team members and peers.
• Develop reports on credit portfolio management, group performance, ICE relations, financial quality of counterparties, SOX compliance, financial statement disclosures, and other key metrics that ensure compliance with Risk Management Policy.
• Interface with front office traders, planning, accounting, pricing, confirmation and deal entry, and other Vistra reporting groups to meet ad hoc report requests.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed