Manager, Collateral

Manager, Collateral

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We are seeking a highly analytical and detail-oriented Collateral Risk Manager to join our Risk Management team. Reporting to the Senior Director of Credit and Collateral, this role is critical in ensuring financial assets are properly managed to mitigate counterparty credit risk, ensure compliance with contractual obligations, and support trading and commercial operations. This role involves daily operations, managing a team of analysts, constant collaboration across other groups within Risk, and across the NRG organization.

Essential Duties / Responsibilities :

• Lead and manage a team of risk analysts, providing guidance, performance feedback, and professional development
• Provide daily, weekly, monthly and quarterly reports to various stakeholders and senior management
• Ensure compliance with internal credit policies and external regulatory requirements
• Ensure credit system is updated daily and contains robust information
• Oversee daily collateral operations including margin calls, dispute resolution, and settlement processes
• Monitor and manage collateral balances across counterparties and exchange
• Optimize collateral usage to minimize funding costs and maximize liquidity
• Develop and maintain dashboards and reports on collateral positions, exposure trends, and liquidity metrics
• Provide insights and recommendations to senior management on collateral efficiency and risk exposure
• Work closely with trading, treasury, legal, and operations teams to ensure seamless collateral processes
• Liaise with counterparties to negotiate collateral terms and resolve disputes
• Provide backup documentation and detailed support for internal and external audits, ensuring transparency and accuracy of collateral records
• Maintain organized records and audit trails to meet regulatory and corporate governance standards

Working Conditions :

Hybrid work schedule; a combination of working remotely from home and 3-4 days a week in the office

Minimum Requirements :

Preferred Qualifications :

Additional Knowledge, Skills and Abilities :

Official description on file with Human Resources. NRG Energy is committed to a drug and alcohol-free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M / F / Vet / Disability. Level, Title and / or Salary may be adjusted based on the applicant's experience or skills. Official description on file with Talent.