Total RewardsConstellation offers an extensive selection of benefits and rewards to help our employees thrive professionally and personally. We provide competitive compensation and a wide-range of benefits that support both employees and their families, helping them prepare for the future. In addition to highly competitive salaries, eligible employees are offered a bonus program, 401(k) with company match, employee stock purchase program; comprehensive medical, dental and vision benefits, including robust wellbeing programs; disability and life insurance benefits; paid time off for vacation, holidays, and sick days; and much more.
Expected salary range of $102,600 to $114,000, varies based on experience, along with comprehensive benefits package that includes bonus and 401(k).
Primary Purpose of PositionThe Senior Analyst, Credit Risk is responsible for a credit portfolio within the designated regions. This job is also responsible for assessing and analyzing retail power and gas credit issues for the retail supply business. As a member of the credit organization, this position will require an advanced understanding of the physical and financial products offered by the Company and the marketplace in order to properly assess and monitor counterparty credit/risk issues. The incumbent is closely aligned with the business and functional leaders throughout the organization and is expected to foster and maintain strong working partnerships with their respective peers. This position requires interaction with Sales organization, Operations, Corporate Accounting, Corporate Treasury and Corporate Risk.
Primary Duties and Accountabilities- Assess and analyze the credit worthiness of customers and trading counterparties, and monitor current and potential exposures.
- Recommend credit terms and conditions within customer and wholesale commodity contracts.
- Coordinate with the margining and treasury teams on counterpart collateral including cash, letters of credit and parental guarantees. Also coordinates effectively with Receivables team to monitor aged receivables to ensure timely collection.
- Assist on presentations to Senior Management that include credit decisions and recommendations, while highlighting top credit risks within the organization.
- As directed by Credit leadership, lead the coordination, maintenance, and implementation of improved reporting and functionality of Credit Risk systems.
- Manage credit relationships with counterparties
Minimum Qualifications- Bachelor's degree in Business and 5 years of experience, or 9 years of equivalent experience in lieu of the degree
- 5-years of relevant position experience
- Strong computer and spreadsheet modeling skills
- Thorough understanding of credit analysist, credit and risk management fundamentals
- Advanced understanding of Mark to Market calculations and valuations of forward contract positions
- Experience with financial concepts, financial markets and wholesale energy markets, energy commodities markets, hedging and/or position management
- Ability to handle multiple tasks in a fast-paced environment
Preferred Qualifications- Master's Degree in Business
- Completion of formal credit training program
- Ability to prioritize work, manage time effectively and manage workload efficiently
- Strong interpersonal skills with the ability to build strong relationships with team members and business stakeholders
- Ability to clearly communicate both orally and in writing and work effectively across business units, functional groups, multiple levels of the Corporation and external stakeholders
