Assoc Analyst, Credit Risk - BSC (Hybrid)

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Are you in?Primary Purpose: PRIMARY PURPOSE OF POSITION

The Associate Analyst, Credit Risk is responsible for assessing and analyzing credit risk associated with the wholesale power and gas activities, including trading and origination, as well as assessing/analyzing retail power and gas credit issues for the retail supply business. In addition this job may be responsible for a credit portfolio within the designated regions. As a member of the credit organization, this position requires an understanding of the physical and financial products offered by the Company and the marketplace in order to properly assess and monitor counterparty credit/risk issues. This position also requires interaction with business and functional partners.

Primary Duties: PRIMARY DUTIES AND ACCOUNTABILITIES

• Assess and analyze the credit worthiness of customers and trading counterparties, and monitor current and potential exposures. Also provide analytical support to senior credit team members managing relationships with assigned counterparties, Regional Transmission Organizations, and Gas Pipelines. (40%)
• Recommend credit terms and conditions within customer and wholesale commodity contracts. (10%)
• Coordinate with the margining and treasury teams on counterpart collateral including cash, letters of credit and parental guarantees. Also coordinates effectively with Receivables team to monitor aged receivables to ensure timely collection. (15%)
• Assist on presentations to Senior Management that include credit decisions and recommendations, while highlighting top credit risks within the organization. (20%)
• Assist in the coordination, maintenance, and implementation of improved reporting and functionality of Credit Risk systems. (15%)

Job Scope: JOB SCOPE

• The Associate Analyst, Credit Risk has some credit authority to approve credit requests in their assigned region. The Associate Analyst, Credit Risk will:
• Support Credit leadership in managing counterparty/customer limits and exposure monitoring to maintain compliance with credit policy and specific counterparty credit terms (including margining requirements)
• Support senior credit personnel as they negotiate credit terms and conditions, participate in conference calls to assess counterparty credit worthiness, perform customer visits
• Provide Credit Workout with early warning of potential high risk counterparties / customers, and assist in risk mitigation activities
• Maintain Risk data system and reporting integrity
• Ensure accuracy of external and internal reporting and disclosures
• Rigorously follow the credit process in all transactions

Minimum Qualifications: MINIMUM QUALIFICATIONS

• BS in Accounting, Economics, Finance, Mathematics, or a related degree
• 0-2 years of relevant experience
• General understanding of financial and energy trading markets
• Excellent organizational, verbal and written communication skills with 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: PREFERRED QUALIFICATIONS
Benefits: Benefits

• Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $59,200.00/Yr. – $81,400.00/Yr.
• Annual Bonus for eligible positions: 7%
• 401(k) match and annual company contribution
• Medical, dental and vision insurance
• Life and disability insurance
• Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
• Employee Assistance Program and resources for mental and emotional support
• Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
• Referral bonus program
• And much more

Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.