Credit Analyst

Job Description

Position Summary

We are seeking a Credit Analyst to join our Risk Management department. The successful candidate will be responsible for overseeing the credit management function, ensuring the company's credit policies are adhered to, and mitigating credit risk.

Tasks and Responsibilities

- Perform complex credit reviews for rated and non-rated counterparties and recommend credit limits for multiple business units within AltaGas

- Prepare and distribute credit reports to internal stakeholders

- Monitor credit exposure against approved limits and proactively work on risk- mitigation options to manage exposures in alignment with credit policy

- Collaborate with various teams (commercial, operations, finance, treasury and IT teams etc.) to resolve credit issues and disputes

- Negotiate, execute and administer required financial assurances including letters of credit and parental guarantees

- Review and negotiate contracts for credit terms within GT&Cs, NASEBs, and ISDAs by working closely with legal, commercial, and contract teams

- Assist with the preparation of monthly reporting to the AltaGas Risk Management Committee

- Update all credit related data into AltaGas’ system for credit risk management

- Ensure adherence to regulatory requirements and industry best practices in all credit processes.

- Continuously improve credit management processes, procedures and systems

Qualifications, Skills and Abilities

- Bachelor's degree in finance, accounting, business, or a related field

- Minimum of 3 years of experience in credit management, preferably in the energy sector

- Strong understanding of financial statement analysis and credit risk management

- Experience with negotiating and executing contracts and financial assurances

- Proven ability with prioritizing work and implementing processes to streamline and optimize workflows

- Strong analytical and problem-solving abilities

- Excellent communication and interpersonal skills

- Ability to manage multiple tasks and meet tight deadlines

- Proficiency in Allegro would be an asset.

- Data analytics skills such as SQL and Power BI are an asset

Why work at AltaGas?

AltaGas is a North American energy infrastructure company with a focus on owning and operating assets that provide affordable energy to our customers. AltaGas assets include Washington Gas/WGL, SEMCO, and Petrogas. Our talented team, nearly 3,000 strong, leverages the strength of our assets and expertise along the energy value chain to connect customers with premier energy solutions – from the well sites of upstream producers to the doorsteps of homes and businesses to new markets around the world.

We deliver clean and affordable natural gas to approximately 1.7 million customers’ homes and businesses through regulated natural gas distribution utilities across four jurisdictions in the United States and two regulated natural gas storage utilities in the United States. Learn more about our team, vision, and strategy.

To learn more about our mission: https://youtu.be/k1mrKDdsYW8?si=y1k3NOyHxgf4emdL

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For Canadian hires: AltaGas hires personnel on the basis of job-related qualifications. All qualified applicants will receive consideration without regard to a person's ancestry, place of origin, colour, ethnic origin, citizenship, creed, sex, sexual orientation, gender identity or expression, age, record of offences, marital status, family status or disability or any other characteristic protected by applicable law.

For U.S. hires: WGL/SEMCO/AltaGas offers a total rewards package that includes competitive pay, incentive bonus plans, holiday pay, 401K matching and a wide array of benefits. These benefits including medical, dental and vision coverage are designed to help you and your family stay healthy. We also have paid time off (PTO) to balance the demands of your work and personal life. Available benefits vary depending upon the specifics of the role.

U.S. affiliates of AltaGas are committed to equal employment opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, ethnicity, religion, gender, age, national origin, marital status, sexual orientation, gender identity, family responsibilities, matriculation, physical or mental disabilities, political affiliation, genetic information, status as a protected veteran or any other characteristic protected by federal, state, or local law.