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Credit Risk Senior Analyst
150-6 Avenue S.W. Calgary, AB T2P 3E3 CA
Job Description
Key Responsibilities:
- Credit Risk Assessment: Conduct thorough credit assessments of counterparties, including energy producers, distributors, and trading companies, using both quantitative and qualitative analysis.
- Financial Analysis: Evaluate financial statements, credit ratings, and other financial data to determine the creditworthiness of counterparties.
- Risk Monitoring: Continuously monitor and manage the credit exposure of the trading portfolio, ensuring compliance with internal risk limits and regulatory requirements.
- Credit Limits Management: Establish and maintain credit limits for counterparties, regularly reviewing and adjusting them in response to changes in market conditions or counterparty credit quality.
- Market Analysis: Stay informed about global energy markets, including price movements, regulatory changes, and macroeconomic factors that could impact credit risk.
- Counterparty Engagement: Work closely with counterparties to negotiate credit terms, collateral arrangements, and risk mitigation strategies.
- Risk Reporting: Prepare regular reports on credit exposure, risk metrics, and key developments for senior management and stakeholders.
- Stakeholder Collaboration: Collaborate with traders, legal, compliance, and finance teams to ensure that credit risk is effectively managed across all trading activities.
- Risk Mitigation Strategies: Develop and implement strategies to mitigate credit risk, including the use of credit derivatives, netting agreements, and collateral management.
- Regulatory Compliance: Ensure compliance with relevant regulatory requirements and internal policies related to credit risk management.
Qualifications:
- Bachelor’s degree in Finance, Economics, Business, or a related field; a Master’s degree or professional certification (e.g., CFA, FRM) is preferred.
- 3-10 years of experience in credit risk analysis supporting physical energy trading within an energy company or investment bank.
- Expertise in managing energy credit risk portfolios including counterparty, contract, collateral and exposure management, and credit scoring.
- Experience with TriplePoint CXL, SAP, CubeLogic.
- In-depth knowledge of global energy markets, including oil, natural gas, electricity, and renewables.
- Strong financial analysis skills, including experience with credit rating methodologies and financial statement analysis.
The position can be located in Houston or Calgary. Employees work 5 days a week in the office.