Talen Energy Corp

Senior Credit Analyst

Talen Energy Corp$95K — $115K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s Degree in accounting, finance, or related field
  • 8+ years of credit experience, ideally in commodities or power sectors
  • Strong knowledge of financial statements
  • Advanced proficiency in Excel, SQL, and MicroStrategy
  • Excellent written and verbal communication skills
  • Ability to work independently and manage multiple deadlines
  • Master’s Degree is a plus, along with experience in managing exchange exposures

Responsibilities

  • Manage daily credit exposure and generate risk reports for stakeholders
  • Conduct thorough creditworthiness assessments for counterparties
  • Oversee collateral management for transactions in collaboration with various teams
  • Model credit metrics like PFE for comprehensive risk analyses
  • Negotiate and track company guarantees diligently
  • Review credit terms in agreements across business lines, focusing on lien-based agreements
  • Perform ad hoc modeling, reporting, and analysis as needed

Benefits

  • Comprehensive health, dental, vision, and prescription plans
  • Life and disability insurance coverage
  • 401(k) plan participation
  • Competitive vacation and sick leave
Full Job Description

Talen Energy is currently seeking a Senior Credit Analyst. In this role you will be responsible for monitoring and managing the liquidity and counterparty risk of the company. This includes assessing potential future exposures along with the associated collateral requirements, negotiating credit support agreements, and collaborating with various groups across the company to identify and mitigate risks consistent with the company’s risk policy. The ideal candidate should be able to work independently and provide expertise to help improve the credit processes and policies of the team.

How You’ll Power the Future

  • Manage daily credit exposure and prepare risk reports to all stakeholders and management.

  • Conduct creditworthiness assessment based on ongoing and real time developments and market condition changes for all existing and new counterparties.  Provide recommendations on establishment of controls or appropriate limit setting.

  • Manage collateral for bilateral and cleared transactions which involves interaction with FCM, traders, and management.

  • Model credit metrics including PFE to assist with risk analyses across the company’s portfolio and on the counterparty level.

  • Manage ISO protocols from a credit perspective, including reporting and collateral requirements.

  • Negotiate and track all company guarantees.

  • Maintain all credit related data within the ETRM system.

  • Independently review credit terms in enabling agreement and credit support documents across various business lines; experience with lien-based agreements preferred (ISDAs, NAESB, ICA, PPA, etc.)

  • Ad hoc modeling, reporting, and analysis.

What you have:

  • Bachelor’s Degree in accounting, finance, or business-related discipline

  • Deep understanding of financial statements

  • Master’s Degree is a plus

  • 8+ yrs. credit experience in commodities, power experience is ideal

  • Prior experience managing exchange exposures preferred

  • Strong Excel, SQL, and MicroStrategy experience

  • Strong communication skills (both written and verbal)

  • Exceptional organizational skills (prioritize, manage multiple deadlines, flexibility within dynamic fast-paced business environment)

  • Strong interpersonal skills and ability to work in a multi-cultural environment

  • Ability to perform above responsibilities as well as other finance related activities as required

  • Must be proactive with the ability to work independently with high attention to detail

Talen Energy offers an exceptional benefits program to its employees. Benefits include comprehensive health, dental, vision, prescription plans, life insurance, and disability insurance.  In addition, employees are eligible to participate in Talen Energy’s 401(k) plan.  Talen Energy also provides competitive vacation and sick time to its employees.

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Note: You will have an opportunity to add attachments to your application. Please use this opportunity to upload your resume, cover letter, and any relevant documents .

About Talen Energy Corp

Talen Energy is an American power generation and transmission company. The company was formed in 2015 as a spin-off from PPL Corporation and Riverstone Holdings. Talen Energy owns and operates power plants in Pennsylvania, Maryland, New Jersey, Texas, and Montana. The company also provides energy management services to commercial and industrial customers. Talen Energy is headquartered in Allentown, Pennsylvania.
Learn more about Talen Energy Corp
Size
2,200 employees
Industry
Founded
2000

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