Sr Analyst, Credit Risk - BSC (Hybrid)

Senior Analyst, Credit Risk

We're powering a cleaner, brighter future. Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient. We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 19,000 colleagues strong serving more than 10 million customers at six energy companies. In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career. Are you in?

Primary Purpose of Position

The Senior Analyst, Credit Risk is responsible for a credit portfolio within the designated regions. This job is also 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. As a member of the credit organization, this position will require an advanced 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. The incumbent is closely aligned with the business and functional leaders throughout the organization, and is expected to foster and maintain strong working partnerships with their respective peers. This position requires interaction with Corporate Accounting, Corporate Treasury and Corporate Risk.

Primary Duties and Accountabilities

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. Also, coordinate effectively with Receivables team to monitor aged receivables to ensure timely collection.

Assist on presentations to Senior Management that include credit decisions and recommendations, while highlighting top credit risks within the organization.

Manage credit relationships with assigned counterparties, Regional Transmission Organizations, and Gas Pipelines. Lead analytical support of these credit relationships.

As directed by Credit leadership, lead the coordination, maintenance, and implementation of improved reporting and functionality of Credit Risk systems.

Job Scope

The Senior Analyst, Credit Risk has some credit authority to approve credit requests in their assigned region. The incumbent 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)

Negotiate or advise junior 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

Participate in conference calls with upper management of customers / counterparties - limited interaction with Senior Management on all credit / risk issues, including risk committee and transaction approval meetings

Rigorously follow the credit process in all transactions and derive creative solutions and structures in managing multiple risks associated with a multi-billion dollar portfolio

This position will require the creation of presentations and analytical skills to evaluate the results, performance attribution for leaders and vendors, act as liaison between IT and vendor for defects and enhancement management including developing and documenting business requirements, lead projects with minimal oversight and master daily tasks.

Minimum Qualifications

BS in Accounting, Economics, Finance, Mathematics, or a related degree

4-7 years of relevant experience

Advanced understanding of Mark to Market calculations and valuations of forward contract positions

In-depth knowledge of credit and risk management fundamentals

Thorough understanding of financial and wholesale energy trading markets

Ability to evaluate creditworthiness of a company and clearly convey results in a well written report

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

Completion of formal credit training program

Advanced degree or professional designation in a related field

Credit and Collections Experience

IT professional Experience

PowerPoint and reporting tool Experience

Benefits

Annual salary will vary based on a candidates skills, qualifications, experience, and other factors : $85,600.00 / Yr. $117,700.00 / Yr.

Annual Bonus for eligible positions : 15%

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