Credit Risk Analyst

3 days ago


Baltimore, Maryland, United States Constellation Energy Full time

About Constellation Energy

Constellation Energy is a leading provider of clean, carbon-free energy. Our mission is to accelerate the transition to a carbon-free future by cultivating a workplace where our employees can grow, thrive, and contribute.

Our Culture

We are powered by passion and purpose. Our culture is built on the principles of teamwork, innovation, and customer satisfaction. We believe in creating a workplace where our employees can build a fulfilling career with opportunities to learn, grow, and make an impact.

Our Benefits

We offer a wide range of benefits and rewards to help our employees thrive professionally and personally. Our benefits package includes competitive compensation, a bonus program, 401(k) with company match, employee stock purchase program, comprehensive medical, dental, and vision benefits, including a robust wellness program, paid time off for vacation, holidays, and sick days, and much more.

Job Summary

The Credit Risk Analyst will be responsible for assessing and analyzing credit risk associated with wholesale power and gas activities, including trading and origination, as well as assessing and analyzing retail power and gas credit issues for the retail supply business.

Key Responsibilities

  • Assess and analyze the credit worthiness of customers and trading counterparties, and monitor current and potential exposures.
  • Recommend credit terms and conditions within customer and wholesale commodity contracts.
  • Coordinate with the margining and treasury teams on counterpart collateral, including cash, letters of credit, and parental guarantees.
  • Assist on presentations to Senior Management that include credit decisions and recommendations, while highlighting top credit risks within the organization.
  • May manage credit relationships with assigned counterparties, Regional Transmission Organizations, and Gas Pipelines.
  • Support the coordination, maintenance, and implementation of improved reporting and functionality of Credit Risk systems.

Requirements

  • BS in Accounting, Economics, Finance, Mathematics, or a related degree.
  • At least 2 years of experience in a business-related field.
  • Basic understanding of Mark to Market calculations and valuations of forward contract positions.
  • Knowledge of credit and risk management fundamentals.
  • Understanding of financial and wholesale energy trading markets.
  • Excellent organizational, verbal, and written communication skills with the 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

Completion of formal credit training program.



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