Credit Risk Advisor

Join the Clean Energy Revolution

Become a Credit Risk Advisor at Southern California Edison (SCE) and build a better tomorrow. In this job, you’ll be responsible for reviewing and negotiating final forms and changes to pro forma collateral instruments (Letters of Credit, Bonds, Escrow Agreements, and Parental Guarantees) with issuers and counterparties. Key responsibilities include reviewing and approving acceptance, reduction, increase, exchange, release, or draw of collateral instruments and consents for collateral and contract assignments. Regulatory compliance is central, with the Credit Advisor ensuring all transactions and disclosures meet SEC and internal audit standards including responding to data requests from regulators and auditors.

As a Credit Risk Advisor, your work will help power our planet, reduce carbon emissions and create cleaner air for everyone. Are you ready to take on the challenge to help us build the future?

Responsibilities

- Reviews and negotiates final forms and changes to pro forma collateral instruments (Letters of Credit, Bonds, Escrow Agreements, and Parental Guarantees) with issuers and counterparties.

- Approves acceptance, reduction, increase, exchange, or release of collateral.

- Reviews and approves consents for collateral and contract assignments.

- Reviews agreement terms and accuracy of collateral instruments in tandem with respective Operating Unit and Law Department in the event of a collateral draw.

- Collaborates with legal counsel and credit risk management teams to assess and mitigate exposure to contractual default.

- Reaches out to clients through proactive engagement and pipeline management responsibilities, executing consistent follow-up routines to cater to client needs and promote enduring associations.

- Ensures compliance with external regulatory/internal policy and procedural requirements.

- Identifies and supports the implementation of continuous improvement opportunities.

- Stays well-informed of counterparty, industry, and regulatory actions to proactively address emerging credit risk issues.

- Develops and maintains credit policy documents to clarify and strengthen SCE's risk management processes and procedures.

- Manages and monitors the integrity of the information in SCE's Credit Risk System.

- A material job duty of all positions within the Company is ensuring the protection of all its physical, financial and cybersecurity assets, and properly accessing and managing private customer data, proprietary information, confidential medical records, and other types of highly sensitive information and data with the highest standards of conduct and integrity.

Minimum Qualifications

- Seven or more years of experience in credit analysis, financial/quantitative analysis, risk management, and/or Finance/Accounting, or related functions.

Preferred Qualifications

- Bachelor's Degree or higher in Finance, Economics, Accounting, Law or related field.

- Project management experience.

- Experience negotiating and amending credit & collateral provisions for purchase or sales agreements, master agreements (EEI, ISDA, NAESB), or bilateral contracts.

- Experience identifying, calculating, and analyzing risk exposure of contract portfolios and transactions.

- Experience analyzing and resolving credit risk and collateral requirements with counterparties.

- Experience with energy trading and credit risk systems (Endur, ION Credit Risk).

- Demonstrate strong ethics, influence and negotiation, leadership, interpersonal skills to build and maintain partnerships.

Additional Information

- This position’s work mode is hybrid. The employee will report to an SCE facility for a set number of days with the option to work remotely on the remaining days. Unless otherwise noted, employees are required to work and reside in the state of California. Further details of this work mode will be discussed at the interview stage. The work mode can be changed based on business needs.

- Visit our Candidate Resource page to get meaningful information related to benefits, perks, resources, testing information, hiring process, and more!

- Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

- Relocation does not apply to this position.

About Southern California Edison

The people at SCE don't just keep the lights on. Our mission is so much bigger. We’re fueling the kind of innovation that’s changing an entire industry, and quite possibly the planet. Join us and create a future with cleaner energy, while providing our customers with the safety and reliability they demand. At SCE, you’ll have a chance to grow personally and professionally, making a real impact in Southern California and around the world.

Southern California Edison is a proud Equal Opportunity Employer, including disability and protected veteran status.

We are committed to ensuring that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations at AskHR@sce.com or (626) 302-3456 and select option 2.