Credit Risk Analyst, Risk Management

Invenergy drives innovation in energy. Powered by decades of entrepreneurial experience and unparalleled execution, we solve the energy challenges facing our customers and communities. We provide power generation and storage solutions at scale around the world to create a cleaner energy future. We develop. We build. We own. We operate. We are Invenergy.

This position will be open for application for at least 3 calendar days from the posting date. This position will remain open for application based on business need, which may be before or after the 3-day posting window.

Job Description

Position Overview

The Credit Risk Analyst, Risk Management will report to the Director - Risk Management and will be responsible for performing counterparty risk assessments, credit adjudication, related onboarding activities and leading the trade confirmations process in support of managing the risk profile of Invenergy’s global renewable and thermal generation portfolio. The position will work with internal and external stakeholders in accordance with the company’s risk and other policies.

Responsibilities

Support Risk Management team in performing counterparty risk assessments, including credit reviews which leverage financial statement and other material information

Process daily trade confirmations ensuring data alignment and coordinate internal approvals as necessary

Onboard new counterparties and contracts into ETRM and other systems

Collaborate with internal and external stakeholders in maintaining and monitoring credit rating watchlist

Review/monitor counterparty credit exposures, collateral postings and limits

Maintain view of market dynamics and regulations across multi-national company footprint

Ensure compliance with Credit, Risk and other policies

Required Skills

Bachelor's degree in Economics, Finance, Accounting, or similar field.

Knowledge of credit analysis and management in related industry or field

Sound understanding of financial statements and analysis

Eligible to work in the United States without the need for employer visa sponsorship now or in the future

Preferred Skills

1+ years of relevant experience

Energy industry experience preferred.

Experience in a trading environment with an ETRM such as Allegro preferred.

Excellent analytical, quantitative, and modelling skills with strong attention to detail and a demonstrated ability to develop models in Excel.

Understanding of market risk associated with gas and power trading activity preferred.

Contract experience with ISDAs, NAESBs, PPAs, RECs, and EEIs is a plus.

Strong communication and interpersonal skills.

Ownership of and follow-through on commitments, with a demonstrated ability and desire to continuously improve.

Excellent organizational skills and ability to prioritize effectively.

Ability to work independently with little supervision as well as in a team environment.

Ability and desire to work in a fast-paced, entrepreneurial environment with tight timelines.

Base Pay

26.44/hr - 31.25/hr USD

Bonus: 15%

The base pay range reflects the minimum and maximum target salary for the position. Invenergy considers a number of factors when determining base pay offers such as the scope and responsibilities of the position and the candidate's experience, education and skills.

In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus program(s) which are designed to reward individual and company performance. Your recruiter can share more about bonus eligibility for this position during the hiring process.

Invenergy offers a variety of other benefits including medical, dental and vision insurance, 401k, paid time off, etc.

Invenergy LLC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

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