Credit Analyst / Sr. Credit Analyst

Company Summary Statement

As one of the largest investor-owned utility companies in the United States, PPL Corporation (NYSE: PPL), is committed to creating long-term, sustainable value for our 3.5 million customers, our shareowners and the communities we serve. Our high-performing regulated utilities — PPL Electric Utilities, Louisville Gas and Electric, Kentucky Utilities and Rhode Island Energy — provide an outstanding experience for our customers, consistently ranking among the best utilities in the nation. PPL’s companies are also addressing challenges head-on by investing in new infrastructure and technology that is creating a smarter, more reliable and resilient energy grid. We are committed to doing our part to advance a cleaner energy future and drive innovation that enables us to achieve net-zero carbon emissions by 2050 while maintaining energy reliability and affordability for the customers and communities we serve. PPL is a positive force in the cities and towns where we do business, providing support for programs and organizations that empower the success of future generations by helping to build and maintain strong, diverse communities today.

Overview

As a key member of the risk management organization, this position is responsible for mitigating the company’s credit risk exposure by assessing and monitoring counterparty creditworthiness across various business units, such as wholesale energy, retail energy, supply chain, and treasury, recommending credit limits, and ensuring adherence to internal credit risk governance. The successful candidate will be primarily responsible for conducting thorough financial statement analysis and credit evaluation of counterparties and effectively communicating recommendations to various stakeholders through concisely written counterparty credit reviews that support credit risk conclusions regarding creditworthiness, credit limits, and credit risk mitigation.

This position will report in person on a hybrid basis and can be located at one of PPL's corporate offices located in Allentown, PA or Louisville, KY. Responsibilities

- Research and analyze a variety of financial information, credit reports, economic trends, contractual agreements, and existing market conditions to determine creditworthiness of current and potential trading counterparties.

- Prepare concise counterparty credit reviews for corporations, municipals, cooperatives and financial institutions. Recommend appropriate credit limits and credit risk mitigation in alignment with internal credit risk governance.

- Credit evaluation of private companies, including the coordination of financial statements and utilization of third-party credit scoring model.

- Monitor trading counterparty credit exposure to ensure compliance with established credit limits.

- Maintain credit reporting and ensure timely distribution to management and trading personnel. As needed, coordinate, develop, and implement credit reporting enhancements to support the risk management organization and business units.

- Maintain company repository of credit instruments and facilitate internal reporting of bank exposures.

- Assist with maintaining credit margining models and performing daily credit margining processes as needed.

- Coordinate with contract administration to complete the timely execution of documents needed to trade across a multi-commodity spectrum.

- Facilitate the coordination of documentation between counterparties, which includes managing and negotiating terms of collateral, master agreements, letters of credit, guarantees, netting agreements, etc.

- Develop and maintain credit relationships with counterparties.

- Consult with business units regarding creditworthiness of their counterparties to support the organization’s objective of mitigating and avoiding credit-related losses under major contract awards.

- Comply with all policies and standards.

- Perform other duties as assigned.

Qualifications

This position may be filled at the Credit Analyst or Senior Credit Analyst level. Level offered will be determined by the successful candidate's background, education, and experience. Credit Analyst Qualifications:

- Bachelor's degree in finance, accounting, business administration, or related field - 2+ years of credit/risk management work experience in the energy industry, banking industry, or related experience from which comparable knowledge, skills, and competencies have been acquired

- Strong problem solving and analytical skills

- Intermediate knowledge of Excel

- Technical skills to support analytical work and reporting capabilities

- Effective written, verbal, and interpersonal communication skills

- Ability to manage multiple tasks

- Attention to detail

Senior Credit Analyst Qualifications:

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

- 5+ years of credit/risk management work experience in the energy industry, banking industry, or related experience from which comparable knowledge, skills, and competencies have been acquired

- Understanding of credit and risk management fundamentals, mark-to-market calculations, mitigation techniques and valuations of forward contract positions is necessary

- Strong negotiating skills, interpersonal skills and analytical skills with the ability to solve new and complex problems

- Strong problem solving and analytical skills

- Advanced knowledge of Excel

- Technical skills to support analytical work and reporting capabilities

- Strong and effective written, verbal, and interpersonal communication skills

- Ability to manage multiple tasks

- Attention to detail

- Perform the primary job responsibilities under minimal supervision