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Management Credit

Location:
Stafford, TX, 77477
Posted:
June 29, 2016

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Resume:

Nathan Burns

***** *. *** ******* ******* S. ****꘡Houston, TX. 77099

Cellphone: acvhs7@r.postjobfree.com

Summary of Qualifications:

Effective credit risk analyst with fourteen years of experience in the energy industry. Successfully managed guaranty agreements, Letters of Credit and also served as point person for collateral management group. Validated confirmations transactions transacted by gas and power traders as a derivatives/deal clearing analyst with middle office and back office support experience. Communicate effectively with all relevant teams (commercial, operations, legal and finance team) on credit related matters.

Professional Experience

Calpine Energy Services, Inc. Houston, TX.

Deal Clearing Analyst (06/2015 - 12/2015)

Utilized the transaction management system to confirm physical and financial energy commodity trades including but not limited to gas, power and emission.

Analysis counterparty confirmations, ensuring trades are validated and confirmed in a timely manner. Ensured that confirmations reflect key provisions.

Identified trades with difference between counter- party confirmations and take appropriate action to ensure transactions are properly recorded and disputes resolved timely.

Ensured that all confirmations are properly authorized according to delegations of authority.

Managed confirmations tracking, ensuring confirmations are sent and received and returned in accordance with company procedure.

Reviewed broker confirmations received and reconciled to risk system trade detail using Confirm Hub, econfirm, and ICE website.

Liaise with brokers, custodians, vendors and internal departments in order to resolve any derivative trade related issues.

Dignity Memorial Inc. Houston, TX.

Pre-Planning Advisor (02/2015 – 06/2015)

As an Advisor (sales professional) I assisted families, most often in a home sales presentation, by helping them make decisions about the planning of their Funeral Services and Cemetery Property needs in advance of their time of need.

Calpine Energy Services, Inc. Houston, TX.

Credit Risk Management (07/2013 – 04/2014)

Analyzed financial statements, and performed credit evaluations in order to determine appropriate credit limits and the amount and type of collateral necessary to reduce credit risk.

Analyzed entity structure to assess both individual counterparty and enterprise credit risk.

Prepared daily mark-to-market margin calls to counterparties requesting return of posted collateral; requested counterparty to post more collateral to mitigate credit risk.

Managed the execution and cancellation for letters of credit, and guaranty agreements.

Generated multiple management reports such as limited monitoring reports, and cash margin log reports.

Ensured that all MTM exposures were met in accordance with the collateral schedules on a daily basis covering a wide range of financial products (Phys Power Fixed, Phys Gas Fixed and Financial Gas, Power Index).

Responsible for monitoring exposures limits and portfolio concentration, published credit write-ups incorporating a quantitative and qualitative analysis.

Monitor credit exposure vs. credit limit by utilizing system credit functions.

Aggregate credit exposure from all the systems and prepare credit exposure report based on aggregated data, including resolving credit limit breaching on timely basis.

NRG Marketing Inc. Houston, TX.

Credit Risk Analyst (06/12 - 05/2013)

Analyzed financial statements, and performed credit evaluations in order to determine appropriate credit limits and the amount and type of collateral necessary to reduce credit risk.

Analyzed entity structure to assess both individual counterparty and enterprise credit risk.

Prepared daily mark-to-market margin calls to counterparties requesting return of posted collateral; requested counterparty to post more collateral to mitigate credit risk.

Managed the execution and cancellation for letters of credit, and guaranty agreements.

Generated multiple management reports such as limited monitoring reports, and cash margin log reports.

Ensured that all MTM exposures were met in accordance with the collateral schedules on a daily basis covering a wide range of financial products (Phys Power Fixed, Phys Gas Fixed and Financial Gas, Power Index).

Responsible for monitoring exposures limits and portfolio concentration, published credit write-ups incorporating a quantitative and qualitative analysis.

Monitor credit exposure vs. credit limit by utilizing system credit functions.

Aggregate credit exposure from all the systems and prepare credit exposure report based on aggregated data, including resolving credit limit breaching on timely basis.

GenOn Energy Services, Inc. Houston, TX.

Credit Risk Analyst (06/2007 - 12/2010)

Analyzed financial statements, and performed credit evaluations in order to determine appropriate credit limits and the amount and type of collateral necessary to reduce credit risk.

Analyzed entity structure to assess both individual counterparty and enterprise credit risk.

Prepared daily mark-to-market margin calls to counterparties requesting return of posted collateral; requested counterparty to post more collateral to mitigate credit risk.

Managed the execution and cancellation for letters of credit, and guaranty agreements.

Generated multiple management reports such as limited monitoring reports, and cash margin log reports.

Ensured that all MTM exposures were met in accordance with the collateral schedules on a daily basis covering a wide range of financial products (Phys Power Fixed, Phys Gas Fixed and Financial Gas, Power Index).

Responsible for monitoring exposures limits and portfolio concentration, published credit write-ups incorporating a quantitative and qualitative analysis.

Monitor credit exposure vs. credit limit by utilizing system credit functions.

RRI Energy Services, Inc. Houston, TX.

Customer Support Specialist (10/2004 - 06/2007)

Handles customer requests and complaints and interface with vendor partners and management to resolve issue.

Developed resolution responses to customer’s complex problems, and track credit transactions on a daily basis.

Acted as a content expert on all matter related to customers complaints i.e. commercial and residential.

Verify balances, payments made and provide proof of debt for third party collections.

Actively monitor and assist vendors with collection activity as needed.

Educational Background

Bachelor of Science in Business Administration, DeVry University, Long Beach, CA.

Training

Computer Skills Training: New Horizon Computer Learning Center CRM Systems.SAP, Microsoft Office Nucleus, Allegro



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