Calpine

Senior Credit Risk Analyst

LocationSan Diego, CA
Job TypeFull-time
Salary$73,030-$107,720

About This Job

Calpine Corporation is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Its fleet of 77 power plants in operation represents over 27,000 megawatts of generation capacity. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states and Canada. Its clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner.

The company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding in 1984, Calpine has led the power industry in its unwavering commitment to environmental stewardship. In addition, its renewable geothermal plants use steam generated deep below the earth's surface to produce clean, renewable electricity.

Job Summary (includes but is not limited to the following, other duties may be assigned)

Independently manages an assigned counter party portfolio by interfacing with all levels of sales and management, to ensure the protection of the company’s mark to market exposure (MTM) and accounts receivable assets through the effective use of credit risk analytics and systems. Provides support to the company’s sales efforts by performing timely credit risk analysis on potential and existing counter parties. Identifies/improves upon existing suite of risk mitigating products. At all times exercises discretion and independent judgment in assigned areas of responsibility.


Job Responsibilities

Perform credit risk analysis
Develop risk mitigating products
Job Responsibilities:
Performs detailed credit risk analysis to qualify new and existing counterparties in support of sales negotiations.
Proactively thinks outside of the box and identifies new ways to minimizing risk for structured transactions.
Identify, document, and assist in remediation of risk through interaction, collaboration, and engagement with the business.
Ability to adapt or change approach or method to best fit the situation in a fast-evolving environment with multiple clients.
Demonstrates initiative by identifying issues and recommending solutions on complex and broad matters.
Generates an array of accurate monthly, quarterly and annual management reports.
Supports the Director, Credit Risk as required by performing special projects, ad hoc reporting, routine requests, etc.


Job Requirements

Bachelor’s Degree in Finance, Economics, Accounting or related discipline is required
Minimum of seven (7) years in commercial credit or has demonstrated the requisite skill level.
Demonstrated organization, analytical and problem-solving skills are required. Highly skilled in complex financial analysis as it relates to evaluating creditworthiness.
Knowledge of U.S. wholesale natural gas and electric market fundamentals, including supply and demand, environmental legislation, and regional market structures preferred.
Team player with a "whatever it takes" attitude who is used to diving into an issue, brainstorming solutions, and learning new methods and tools.

Salary Information - Position eligible for annual bonus.


Salary range $73,030 to $107,720



Additional Calpine Information

Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.
Calpine is committed to Equal Employment Opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment and need special assistance or an accommodation to use our website or to apply for a position, please send an e-mail with your request to hrrecruitment@calpine.com. Determination on requests for reasonable accommodation are made on case-by-case basis.

Please view Equal Employment Opportunity Posters provided by OFCCP here

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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