Senior Credit Risk Analyst

2 weeks ago


Norristown, Pennsylvania, United States MWResource, Inc. Full time
Position Overview

The Credit Analyst is responsible for assisting the Credit Manager by conducting thorough analyses on diverse credit matters, formulating tariff language, and supporting regulatory submissions. This role also involves representing clients and delivering presentations at stakeholder gatherings.

The (Sr./Lead) Credit Analyst will oversee and provide guidance for daily operations, including tracking member positions, executing collateral calls, and resolving member inquiries.

Key Responsibilities:

  • Collaborate closely with Cash Management, Member Relations, and Transmission Planning teams.
  • Address inquiries from members and applicants effectively.
  • Deliver credit support to various departments within the organization.
  • Compile monthly exposure reports and letters of credit for members.
  • Process credit applications and monitor member activities against established credit limits.
  • Issue collateral calls as necessary and manage collateral returns.
  • Conduct analyses and generate reports on credit-related issues, including member activity, collateral trends, and creditworthiness assessments.
  • Represent the credit function and advocate for credit-related concerns.
  • Prepare and edit necessary filings as required.
  • Draft and maintain credit policies, manuals, and internal documentation.
  • Provide recommendations for modifications to credit policies and systems.
  • Review and calibrate the credit scoring system.
  • Offer oversight and mentorship to Credit and Senior Credit Analysts.
  • Collaborate with the Assistant Treasurer on cash-related credit issues.

Qualifications:

  • Bachelor's degree in Business Administration, Finance, or equivalent professional experience.
  • 5-10 years of experience in credit risk management.
  • Proven ability to produce high-quality work with meticulous attention to detail.
  • Strong communication skills, both verbal and written, in a collaborative environment.
  • Experience in both quantitative and qualitative analysis.
  • Proficiency in Microsoft Office Suite (MS-Word, MS-Excel, MS-PowerPoint).

Benefits:

MWResource, Inc. offers comprehensive medical, dental, and vision coverage, short- and long-term disability insurance, employer-paid life insurance, and participation in the MWResource 401K plan for eligible consultants.

MWResource, Inc. is committed to diversity and does not discriminate based on race, sex, color, religion, national origin, age, disability, veteran status, or any other characteristic.

Candidates must possess authorization to work in the United States and will undergo a background check and drug screening.



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