Credit Analyst

23 hours ago

Rosemead, United States APR Consulting Full time

An electric utility client is looking for a Credit Analyst who will track exposure and collateral reports in order to manage credit risk.


Location: Rosemead, CA 91770

Position: Credit Analyst

Pay Rate: $37.12/hr. on W2

Duration: 12 months or longer

Schedule: M-F, 8-5

***Hybrid: In office Monday & Tuesday***


RESPONSIBILITIES:

  • Tracks exposure and collateral reports in order to manage credit risk
  • Monitors expiring collateral and coordinates with banks or insurance companies to draw on collateral, when necessary
  • Processes margin calls with counterparties and clearing firms. Expeditiously resolves margin disputes.
  • Reviews incoming collateral instruments such as letters of credit, parental guarantees, surety bonds, escrow accounts, and cash for accuracy and processes for approval
  • Coordinates with banks and others to issue letters of credit when SCE is required to post collateral
  • Enters all transactions in the credit risk system to ensure accurate recording of all collateral held and posted
  • Performs variance analysis of Risk Management General Ledger cash accounts for financial and audit purposes
  • Represents Treasury Operations team at companywide meetings regarding policies and documents


QUALIFICATIONS:

  • Three or more years of experience in an analytical role.
  • Bachelor’s Degree or higher in Business, Accounting, Economics or related field.
  • Proficiency with Microsoft Suite applications such as Excel, Word and PowerPoint.
  • Ability to quickly learn software systems.
  • Must have experience in using VLOOKUPs and pivot tables.


DESIRED SKILLS:

  • Experience with energy contracts, risk management related to energy procurement, or the CAISO market.
  • Knowledge of accounting processes and procedures.
  • Experience with macros and database queries.
  • Knowledge of Entegrate, Endur, or other commodity trading systems.
  • Experience with SAP or similar enterprise wide ERP system.
  • Strong verbal/written communication and interpersonal skills.
  • Ability to effectively work in a fast-paced environment.
  • Ability to follow the company’s protocols and principals.


About our client:

Our client is one of the largest electric utilities and a longtime leader in renewable energy and energy efficiency in the United States providing electricity for much of Southern California.


About APR:

Since 1980 APR Consulting, Inc. has provided professional recruiting and contingent workforce solutions to a diverse mix of clients, industries, and skill sets nationwide.


Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.


We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.


Don't miss out on this amazing opportunity If you feel your experience is the match for this position please apply today and join our team. We look forward to working with you

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