Exelon

Sr Analyst, Credit Risk - BSC (Hybrid)

Sr Analyst, Credit Risk - BSC (Hybrid)
Notice info
LocationBaltimore, MD
Job Typefull time
Salary$85,600-$117,700
On-site
Utilities

About This Job

Who We Are

We're powering a cleaner, brighter future.

Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.

We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 19,000 colleagues strong serving more than 10 million customers at six energy companies Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).

In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.

Are you in?

Primary Purpose PRIMARY PURPOSE OF POSITION

The Senior Analyst, Credit Risk is responsible for a credit portfolio within the designated regions. This job is also responsible for assessing and analyzing credit risk associated with the wholesale power and gas activities, including trading and origination, as well as assessing/analyzing retail power and gas credit issues for the retail supply business. As a member of the credit organization, this position will require an advanced understanding of the physical and financial products offered by the Company and the marketplace in order to properly assess and monitor counterparty credit/risk issues. The incumbent is closely aligned with the business and functional leaders throughout the organization, and is expected to foster and maintain strong working partnerships with their respective peers. This position requires interaction with Corporate Accounting, Corporate Treasury and Corporate Risk.

Primary Duties PRIMARY DUTIES AND ACCOUNTABILITIES

Assess and analyze the credit worthiness of customers and trading counterparties, and monitor current and potential exposures. (30%)
Recommend credit terms and conditions within customer and wholesale commodity contracts. (20%)
Coordinate with the margining and treasury teams on counterpart collateral including cash, letters of credit and parental guarantees. Also, coordinate effectively with Receivables team to monitor aged receivables to ensure timely collection. (15%)
Assist on presentations to Senior Management that include credit decisions and recommendations, while highlighting top credit risks within the organization. (15%)
Manage credit relationships with assigned counterparties, Regional Transmission Organizations, and Gas Pipelines. Lead analytical support of these credit relationships. (10%)
As directed by Credit leadership, lead the coordination, maintenance, and implementation of improved reporting and functionality of Credit Risk systems. (10%)


Job Scope JOB SCOPE

The Senior Analyst, Credit Risk has some credit authority to approve credit requests in their assigned region. The incumbent will:
Support Credit leadership in managing counterparty/customer limits and exposure monitoring to maintain compliance with credit policy and specific counterparty credit terms (including margining requirements)
Negotiate or advise junior credit personnel as they negotiate credit terms and conditions, participate in conference calls to assess counterparty credit worthiness, perform customer visits
Provide Credit Workout with early warning of potential high risk counterparties / customers, and assist in risk mitigation activities
Maintain Risk data system and reporting integrity
Ensure accuracy of external and internal reporting and disclosures
Participate in conference calls with upper management of customers/counterparties - limited interaction with Senior Management on all credit/risk issues, including risk committee and transaction approval meetings
Rigorously follow the credit process in all transactions and derive creative solutions and structures in managing multiple risks associated with a multi-billion dollar portfolio


Minimum Qualifications MINIMUM QUALIFICATIONS

BS in Accounting, Economics, Finance, Mathematics, or a related degree
4-7 years of relevant experience
Advanced understanding of Mark to Market calculations and valuations of forward contract positions
In-depth knowledge of credit and risk management fundamentals
Thorough understanding of financial and wholesale energy trading markets
Ability to evaluate creditworthiness of a company and clearly convey results in a well written report
Excellent organizational, verbal and written communication skills with ability to handle multiple duties
Strong interpersonal skills with the ability to interact with commercial and functional partners, external counterparties, vendors, and senior level executives within Risk and Finance.
Must be self motivated and possess excellent time management skills
Strong computer and spreadsheet modeling skills
Ability to handle multiple tasks in a fast paced energy commodity trading environment


Preferred Qualifications PREFERRED QUALIFICATIONS

Completion of formal credit training program
Advanced degree or professional designation in a related field


Benefits Benefits

Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $85,600.00/Yr. – $117,700.00/Yr.
Annual Bonus for eligible positions: 15%
401(k) match and annual company contribution
Medical, dental and vision insurance
Life and disability insurance
Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
Employee Assistance Program and resources for mental and emotional support
Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
Referral bonus program
And much more

Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.

Similar Jobs

company-logo

Business Analyst – Accounting

logo
Permian Resources
Job TypeFull time
Salary
$110000 - $150000
The Woodlands, Texas
13 days ago
company-logo

Sr Analyst, Credit Risk - BSC (Hybrid)

Exelon
Job Typefull time
Salary
$85600 - $117700
Baltimore, MD
7 days ago
company-logo

Sr Analyst Credit and Risk Management

Midcontinent Independent System Operator (MISO)
Job Typefull time
Salary
$98000 - $115000
Carmel, IN
5 days ago
company-logo

Sr Portfolio & Risk Analyst

Delek US
Job Typefull time
 
Brentwood, TN
15 days ago
company-logo

Credit Analyst III, Sr

Williams
Job Typefull time
 
Houston, TX
13 days ago
company-logo

Sr. Financial Analyst (Technical Accounting)

EDF Trading
Job Typefull time
 
Houston, TX
3 days ago
company-logo

Sr Finance & Compliance Analyst

NextEra Energy Resources
Job Typefull time
 
Juno Beach, FL
20 days ago
VS

Sr. Risk Analyst

V-Tech Solutions
Job TypeContract
Salary
$141440 - $151840
Richmond, VA
23 days ago
company-logo

Financial Analyst, Sr

ITC Holdings Corp.
Job TypeFull time
 
Novi, MI
27 days ago
company-logo

Sr. Analyst, Finance

Peregrine Energy Solutions, LLC
Job Typefull time
Salary
$100000 - $140000
Boulder, CO
17 days ago
company-logo

Sr. Analyst, Commercial Risk

ConocoPhillips
Job Typefull time
 
Houston, TX
2 days ago
company-logo

Sr. Financial Analyst

Standard Solar
Job Typefull time
 
Rockville, MD
15 days ago
company-logo

Sr Business Analyst

AltaGas
Job Typefull time
 
Calgary, AB
17 days ago
company-logo

Sr Business Analyst

Florida Power & Light
Job Typefull time
 
Jupiter, FL
21 days ago
company-logo

Sr. Financial Analyst

Magnolia River
Job TypeFull time
Salary
$100000 - $100000
Hartselle, AL
23 days ago
company-logo

Sr Business Analyst

NextEra Energy
Job TypeFull time
 
Miami, FL
24 days ago
company-logo

Sr Business Analyst

PECO
Job TypeFull time
Salary
$77600 - $116400
Philadelphia, PA
27 days ago
company-logo

Sr. Analyst, Commercial Finance

Alcoa
Job Typefull time
 
Pittsburgh, PA
13 days ago
company-logo

Financial Analyst - Treasury - BSC (Hybrid)

Exelon
Job Typefull time
Salary
$64800 - $89100
Baltimore, MD
16 days ago
company-logo

Credit Risk Analyst

AltaGas
Job Typefull time
 
Calgary, AB
16 days ago

Trending Jobs

company-logo

Electrical Engineer

Dudley Staffing
Job TypeFull time
Salary
$55 - $75
Canonsburg, PA
5 months ago
company-logo

Division Order Analyst

Coronado Resources
Job TypeFull time
 
Dallas, TX
2 months ago
company-logo

Professional Landman

Penterra Services, LLC
Job TypeContract
 
Lovington, NM
about 1 month ago
company-logo

Accounts Payable Clerk

LPR Energy
Job TypeFull time
Salary
$65000 - $65000
Dallas, TX
3 months ago
company-logo

Business Analyst – Accounting

Permian Resources
Job TypeFull time
Salary
$110000 - $150000
The Woodlands, Texas
13 days ago
company-logo

Division Order Landman

R. Lacy Services, Ltd.
Job TypeFull time
 
Longview, TX
about 2 months ago
company-logo

contract landman

HPS Oil & Gas Properties
Job TypeFull time
 
Lafayette, LA
5 months ago
company-logo

Oil and Gas Land and Title Analyst - SAM Associate II

Bank of America
Job TypeFull time
 
Dallas, TX
3 months ago
company-logo

Attorney

Toeppich & Associates
Job TypeFull time
 
Houston, TX
over 1 year ago
company-logo

Landman

Stockyards Energy Land Services
Job TypeContract
 
Akiachak, TX
7 months ago
company-logo

Title Landman

Sustain Land Services
Job TypeFull time
 
Norman, OK
4 months ago
company-logo

Senior Landman

Greenlake Energy
Job TypeFull time
 
Austin, TX
3 months ago
company-logo

Title Reviewer

Innovation Land Services
Job TypeFull time
 
Pittsburgh, PA
5 months ago
company-logo

contract Landman

HPS Oil & Gas Properties
Job TypeFull time
 
Midland, TX
5 months ago
company-logo

Oil and Gas Title Attorney

Oliva Gibbs PLLC
Job TypeFull time
 
Houston, TX
3 months ago
company-logo

Electrical Designer

Dudley Staffing
Job TypeFull time
Salary
$45 - $60
Canonsburg, PA
5 months ago
company-logo

Civil/Structural Designer

Dudley Staffing
Job TypeFull time
Salary
$30 - $60
Canonsburg, PA
5 months ago
company-logo

Data Analyst

River City Science Academy
Job TypeFull time
Salary
$20 - $45
Jacksonville, FL
4 months ago
company-logo

Software Integrations Developer

Permian Resources
Job TypeFull time
Salary
$160000 - $210000
The Woodlands, Texas
13 days ago
company-logo

Senior Division Order Analyst

Formentera
Job TypeFull time
Salary
$110000 - $130000
Austin, TX
about 1 year ago