Exelon Corporation

Sr Analyst, Credit Risk - BSC (Hybrid)

Exelon Corporation • $85K — $117K *
Baltimore, MD 21215In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Economics, Finance, Mathematics, or related field
  • 4-7 years of relevant experience
  • Deep understanding of Mark to Market valuations
  • Solid grasp of credit and risk management fundamentals
  • Thorough knowledge of financial and wholesale energy trading markets
  • Strong analytical skills to evaluate creditworthiness
  • Excellent communication and interpersonal skills

Responsibilities

  • Assess and analyze credit worthiness of customers and trading counterparties
  • Recommend credit terms within customer and wholesale contracts
  • Coordinate collateral efforts with margining and treasury teams
  • Assist in making presentations to Senior Management including credit recommendations
  • Manage credit relationships with key counterparties and organizations
  • Lead improvements in Credit Risk reporting and systems based on leadership guidance

Benefits

  • 401(k) match and annual company contribution
  • Comprehensive medical, dental, and vision insurance
  • Life and disability insurance
  • Generous paid time off options including vacation and parental leave
  • Employee Assistance Program for mental and emotional support
  • Wellbeing programs like tuition reimbursement and fitness reimbursement
  • Referral bonus program
Full Job Description
Primary Purpose

PRIMARY PURPOSE OF POSITION
The Senior Analyst, Credit Risk is responsible for a credit portfolio within the designated regions. This job is also responsible for assessing and analyzing credit risk associated with the wholesale power and gas activities, including trading and origination, as well as assessing/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 Corporate Accounting, Corporate Treasury and Corporate Risk.

Primary Duties

PRIMARY DUTIES AND ACCOUNTABILITIES
  • Assess and analyze the credit worthiness of customers and trading counterparties, and monitor current and potential exposures. (30%)
  • Recommend credit terms and conditions within customer and wholesale commodity contracts. (20%)
  • Coordinate with the margining and treasury teams on counterpart collateral including cash, letters of credit and parental guarantees. Also, coordinate effectively with Receivables team to monitor aged receivables to ensure timely collection. (15%)
  • Assist on presentations to Senior Management that include credit decisions and recommendations, while highlighting top credit risks within the organization. (15%)
  • Manage credit relationships with assigned counterparties, Regional Transmission Organizations, and Gas Pipelines. Lead analytical support of these credit relationships. (10%)
  • As directed by Credit leadership, lead the coordination, maintenance, and implementation of improved reporting and functionality of Credit Risk systems. (10%)

Job Scope

JOB SCOPE
  • The Senior Analyst, Credit Risk has some credit authority to approve credit requests in their assigned region. The incumbent will:
  • Support Credit leadership in managing counterparty/customer limits and exposure monitoring to maintain compliance with credit policy and specific counterparty credit terms (including margining requirements)
  • Negotiate or advise junior credit personnel as they negotiate credit terms and conditions, participate in conference calls to assess counterparty credit worthiness, perform customer visits
  • Provide Credit Workout with early warning of potential high risk counterparties / customers, and assist in risk mitigation activities
  • Maintain Risk data system and reporting integrity
  • Ensure accuracy of external and internal reporting and disclosures
  • Participate in conference calls with upper management of customers/counterparties - limited interaction with Senior Management on all credit/risk issues, including risk committee and transaction approval meetings
  • Rigorously follow the credit process in all transactions and derive creative solutions and structures in managing multiple risks associated with a multi-billion dollar portfolio

Minimum Qualifications

MINIMUM QUALIFICATIONS
  • BS in Accounting, Economics, Finance, Mathematics, or a related degree
  • 4-7 years of relevant experience
  • Advanced understanding of Mark to Market calculations and valuations of forward contract positions
  • In-depth knowledge of credit and risk management fundamentals
  • Thorough understanding of financial and wholesale energy trading markets
  • Ability to evaluate creditworthiness of a company and clearly convey results in a well written report
  • Excellent organizational, verbal and written communication skills with ability to handle multiple duties
  • Strong interpersonal skills with the ability to interact with commercial and functional partners, external counterparties, vendors, and senior level executives within Risk and Finance.
  • Must be self motivated and possess excellent time management skills
  • Strong computer and spreadsheet modeling skills
  • Ability to handle multiple tasks in a fast paced energy commodity trading environment

Preferred Qualifications

PREFERRED QUALIFICATIONS
  • Energy industry experience
  • Experience reviewing financial statements and assessing creditworthiness
  • Completion of a formal credit training program
  • Advanced degree or professional designation in a related field

Benefits

  • Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors: $85,600.00/Yr. - $117,700.00/Yr.
  • Annual Bonus for eligible positions: 15%
  • 401(k) match and annual company contribution
  • Medical, dental and vision insurance
  • Life and disability insurance
  • Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
  • Employee Assistance Program and resources for mental and emotional support
  • Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
  • Referral bonus program
  • And much more

Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.

About Exelon Corporation

Exelon Corporation is an American energy producer, trader, and distributor. The company provides services for energy generation businesses in the United States. The company owns, contracts, and invests in electric generating facilities such as nuclear, fossil, and hydroelectric generation facilities, as well as wind and solar facilities. It is also involved in the wholesale and retail customer supply of electric and natural gas products and services including renewable energy products, risk management services, natural gas exploration, and production activities. In addition, the company is engaged in the purchase and regulated retail sale of electricity and the provision of distribution and transmission services in northern Illinois, southeastern Pennsylvania, and central Maryland. It is also involved in the purchase and regulated retail sale of natural gases and the provision of distribution services in the Pennsylvania counties surrounding the City of Philadelphia, as well as in central Maryland including the City of Baltimore. Exelon Corporation operates through nine segments: Mid-Atlantic, Midwest, New England, New York, ERCOT, other regions, ComEd, PECO, and BGE. It sells electricity, natural gases, and other related products and solutions to various customers including distribution utilities, municipalities, and cooperatives, as well as to commercial, industrial, governmental, and residential customers. Founded in 1887, Exelon Corporation is headquartered in Chicago, Illinois.

Exelon Corporation Careers

Join the dynamic team at Exelon Corporation, a leader in the energy industry, where innovation, leadership, and professional growth are at the forefront of our operations. As one of the largest electric utility companies in the United States, Exelon offers unparalleled job opportunities and a commitment to diversity and sustainability that sets us apart.

Work You’ll Do

At Exelon, we empower our employees to excel in their careers by fostering an environment of continuous innovation and growth. Our diverse team of professionals is dedicated to shaping the future of energy with cutting-edge technologies and sustainable practices.

Explore Career Paths

Whether you're a seasoned professional or a recent graduate, Exelon has a variety of career paths to suit your skills and ambitions. From engineering to customer service, each position offers the chance to make a significant impact.

Internship Programs

Kickstart your career with an Exelon internship. Our programs provide invaluable industry experience and a chance to network with leaders in the field. Interns at Exelon are crucial team members, working on projects that advance both their careers and our company’s goals.

Professional Development

Invest in your future with Exelon’s robust professional development programs. We offer leadership training, skills enhancement workshops, and continuous learning opportunities that promote career advancement and personal growth.

Benefits and Culture

Exelon is committed to providing a supportive work environment with benefits that enhance the lives of our employees and their families. Our culture is built on respect, integrity, and inclusion, where every team member’s contribution is valued.

Join Our Team

Discover the opportunities that await at Exelon Corporation. We are actively hiring and looking for talented individuals who are passionate about building a sustainable future.

Search Exelon Jobs

Find open positions that match your skills and interests. We seek curious, innovative, and solution-driven team players.

Prepare for Your Interview

Stand out in your interview with Exelon by tailoring your resume to highlight relevant experience and skills. Our hiring process is designed to identify and attract professionals who are ready to lead and inspire.

Stay Connected

Keep up to date with the latest at Exelon Corporation by following our careers blog. Gain insider perspectives and industry-leading insights that you can apply to your professional life.

Networking and Career Growth

At Exelon, your career development is enhanced by our commitment to networking and mentorship. Connect with colleagues and leaders who can help guide your career path and open doors to new opportunities.

Diversity and Inclusion

We pride ourselves on fostering an inclusive workplace where diverse perspectives are celebrated. Exelon’s commitment to diversity training ensures that all employees have the opportunity to thrive. Join Exelon Corporation today and be part of a team that is dedicated to innovation, leadership, and the future of energy. Explore job opportunities and embark on a rewarding career path that offers growth, stability, and a chance to make a difference.
Learn more about Exelon Corporation
Size
31,518 employees
Market Cap
$42.3 billion
Industry
Energy & Utilities
Net Income
$1.9 billion
Founded
2000
5 Year Trend
+3%
Revenue
$33 billion
NASDAQ
EXC
* Ladders Estimates

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