ERCOT
Energy
Manager-MarketCreditAnalysis
Neural analysis suggests this role is
optimal for Manager candidates.
“Manager - Market Credit Analysis at ERCOT. Skills: Credit analysis, Market risk, Financial modeling. Analyze market credit risk. Develop and maintain credit risk models”
Industry & Context.
Quantitative analysis; Data analysis; Risk assessment
What They're Looking For.
Must Have
5+ years experience in credit analysis, Experience with market risk, Experience with financial modeling, Experience with data analysis, Experience with regulatory reporting
Nice to Have
Master's degree preferred, CFA designation preferred, FRM designation preferred, Experience with energy markets preferred, Experience with derivatives preferred
What You'll Do.
Analyze market credit risk
Develop and maintain credit risk models
Perform financial statement analysis
Assess creditworthiness of counterparties
Monitor credit exposures
Prepare credit reports
Communicate findings to stakeholders
Ensure compliance with regulations
How You'll Work.
Team & Collaboration
Cross-functional teams; Risk management department; Trading desks; Legal and compliance
Communication Scope
Stakeholder communication; Report writing
Full Job Description
At ERCOT, our diverse and dynamic work environment provides a platform on which employees can work together to build the future of the Texas power grid and wholesale market utilizing the latest technologies and resources. We encourage you to join our talented, dedicated workforce to develop world-class solutions for today and tomorrow’s energy challenges while learning new skills and growing your career. ERCOT is committed to fostering inclusion at all levels of our company. It is the cornerstone of our corporate values of accountability, leadership, innovation, trust, and expertise. We know that individuals with a wide variety of talents, ideas, and experiences propel the innovation that drives our success. An inclusive and diverse workforce strengthens us and allows for a collaborative environment to solve the challenges that face our industry today and in the future. Responsible for ongoing management of ERCOT’s Market Credit Department. Leads development of ERCOT credit methodology, processes, and capabilities. Assesses market participant creditworthiness and ensures appropriate risk mitigation measures are maintained (adequate and enforceable collateral, liens, etc). Handles inquiries from Market Participants. Responsible for daily collateral transactions. Ensures vendors meet financial requirements. Ensures adequate internal controls over the credit processes are in place and maintained, manages the operational goals of the department, implementing best practices and process improvements. Collaborates with both internal and external stakeholders to communicate issues and areas for improvement. JOB DUTIES * Responsible for hiring, coaching, training, and performance management of staff. * Frequently interacts with reporting supervisors, Market Participants, and/or functional peer group managers, normally involving matters between functional areas or Market Participants. * Responsible for the management of subordinate staff within a department. Typically has ind
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