Denis Vermette
Vice President, Finance and Operations at Spark Energy
Location
Houston, Texas Area
Industry
Oil & Energy
.
Denis Vermette
Contact Denis Vermette directly
Denis Vermette's Overview
Current
Vice President, Finance and Operations at Spark Energy
PastCall Center Executive at SPARK ENERGY, LP
Vice President, Finance and Treasurer at SPARK ENERGY, LP
Director, Credit and Collections at SPARK ENERGY, LP
Managing Director - Credit, Contracts and Compliance at SEQUENT ENERGY MANAGEMENT, LP
Director, Portfolio Management at DOMINION RESOURCES, INC
Director of Credit at AMEREN CORPORATION
Manager, Credit Risk at MERCHANT ENERGY GROUP OF THE AMERICAS, INC
Credit Manager at KOCH OIL CO. LTD
Commercial Account Manager at TD Bank,
Lethbridge Commercial Banking Center
Customer Service Manager at TD Bank, Lethbridge Commercial Banking Center
Assistant Manager, Administration, Medicine Hat at TD Bank, Medicine Hat, Alberta
Administration Supervisor at TD Bank,
South Edmonton Commercial Banking Center
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see all
Education
Texas A&M University - Mays Business School
University of Calgary
Recommendations
2 people have recommended Denis
Connections
474 connections
Websites
Spark Energy
Denis Vermette's Summary
Financial professional with extensive knowledge of energy credit risk, market risk and
contract management. Provide cross-functional leadership between various groups within a
larger department. Provide direction, financial and business insight to anticipate and
monitor risk associated with structured transactions, markets and counterparties. Have the
ability to streamline processes and maximizing output a department.
Specialties
Business process, contract management, credit, credit risk, data warehousing, directing,
documentation, excel vba, executive management, financial analysis, functional, ISDA,
leadership, legal documentation, marketing, Microsoft Access, Microsoft Office, natural
gas, negotiation, policy analysis, production, risk management, Six Sigma, strategic,
structured methods, transmission, transportation,
Denis Vermette's Experience
Vice President, Finance and Operations
Spark Energy
Privately Held; 201-500 employees; Utilities industry
August 2012Present (1 month)
Call Center ExecutiveSPARK ENERGY, LP
Privately Held; 201-500 employees; Utilities industry
December 2011August 2012 (9 months) Houston, Texas Area
In addition to my responsibilities in the Finance area, I have also taken over the
executive leadership of the call center. Consolidation of three independent customer
contact centers: customer service, retention/sales, and collections in to a single unified
call center, resulting in a budgeted million dollar annual hard savings through process
improvements, synergies between the respective disciplines and eliminations.
Plan and direct all aspects of Spark's call center policies, objectives, and initiatives.
Develop and administer procedures for interacting with customers in a call center
environment. Monitor the overall performance of call center operations.
Vice President, Finance and Treasurer
SPARK ENERGY, LP
Privately Held; 201-500 employees; Utilities industry
January 2011August 2012 (1 year 8 months) Houston, Texas Area
Directs financial planning, procurement, and investment of funds for Spark Energy and
it's family of companies: Delegates authority for receipt, disbursement, banking,
protection and custody of funds, securities, and financial instruments. Analyzes financial
records to forecast future financial position and budget requirements. Evaluates need for
procurement of funds and investment of surplus. Advises management on investments and
loans for short- and long-range financial plans. Prepares financial reports for senior
management. Develops policies and procedures for account collections and extension of
credit to customers. Manage four distinct teams of professionals: treasury; financial
planning and analytic; credit; and collections.
Director, Credit and Collections
SPARK ENERGY, LP
Privately Held; 201-500 employees; Utilities industry
January 2010 January 2011 (1 year 1 month)
Managing Director - Credit, Contracts and Compliance
SEQUENT ENERGY MANAGEMENT, LP
Public Company; 51-200 employees; Oil & Energy industry
October 2006 January 2010 (3 years 4 months)
Manage and maintain a $3.0 billion risk portfolio of Natural Gas, Fuel Oil, Producer
Services and Retail relations. Provide cross-functional management directing three
departments; Contracts, Credit and Compliance consisting of 15 professionals within the
Risk Control group. Provide leadership, direction and business insight necessary to
anticipate and monitor risk associated with structured transactions, markets and
counterparties. Develop, implement and facilitate corporate policies and procedures.
Provide oversight to the monthly reports relating to violations and exceptions of
corporate policies and overall portfolio and credit quality to the SVP of Risk Control,
Risk Committees and Executive Management.
Director, Portfolio Management
DOMINION RESOURCES, INCJune 2003October 2006 (3 years 5 months)
Managed and maintained a $4.0 billion risk portfolio of Power, Natural Gas, Crude Oil,
Coal, Producer Services, Retail, Aggregator and Emission relations. Led a team of 21
professionals consisting of credit, contract and quantitative personnel. Developed,
implemented and facilitated corporate credit policies and procedures.
Director of CreditAMEREN CORPORATION
Public Company; 5001-10,000 employees; AEE; Utilities industry
March 2000 June 2003 (3 years 4 months)
Managed and maintained a $650 million credit portfolio consisting of Power, Natural Gas,
Coal and Transmission relations. Directed and mentored a team of credit professionals.
Developed, implemented and facilitated corporate credit policies and procedures.
Manager, Credit Risk
MERCHANT ENERGY GROUP OF THE AMERICAS, INCSeptember 1999March 2000 (7 months)
Managed and maintained a credit portfolio consisting of Power and Natural Gas relations
consisting of more than $125 million in monthly credit exposure. Managed and trained
junior staff.
Credit ManagerKOCH OIL CO. LTDMarch 1997September 1999 (2 years 7 months)
Managed and maintained a credit portfolio of Crude Oil, Natural Gas and Transportation
relations consisting of $350 million in monthly exposure. Led a team of risk analysts and
contract administrators.
Commercial Account ManagerTD Bank, Lethbridge Commercial Banking Center
August 1996March 1997 (8 months)
Customer Service ManagerTD Bank, Lethbridge Commercial Banking Center
September 1994August 1996 (2 years)
Assistant Manager, Administration, Medicine Hat
TD Bank, Medicine Hat, Alberta
February 1992September 1994 (2 years 8 months)
Administration SupervisorTD Bank, South Edmonton Commercial Banking Center
May 1990February 1992
(1 year 10 months)
Denis Vermette's Skills & Expertise
Risk Management
Natural Gas
Credit Risk
Financial Analysis
Credit
Negotiation
Executive Management
Business Process
Contract Management
Leadership
VBA
Microsoft Office
Denis Vermette's Education
Texas A&M University - Mays Business School
2012 2014 (expected)
University of Calgary
1988 1991
Denis Vermette's Additional Information
Websites:
Spark Energy
Interests:
Contact Email Address: *****.********@****.***
Groups and Associations:
IECA, International Energy Credit Association Past President (2010)
Credit Risk Group
Credit Risk Management Professionals Network
Credit Risk Managers
Credit and Collections
Credit and Collections Professionals
Dominion Resources
Energy Finance
Global Association of Risk Professionals (GARP)
Governance, Risk and Compliance Management (GRC)
International Energy Credit Association
North American Power Credit Organization (NAPCO)
Texas A&M EMBA Class of 2014
University of Calgary Students, Alumni and Professors
World credit management, collections & risk forum
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