Senior Credit Analyst at Eclaro
New York, NY
About the Job
Senior Credit Analyst
Job Number: 24-00830
Job Number: 24-00830
Want to be part of the Energy Industry? Eclaro is looking for a Senior Credit Analyst for our client in New York, NY.
Eclaro's Client is America's largest state power organization and is a national leader in energy efficiency and clean energy technology. If you’re up to the challenge, then take a chance at this rewarding opportunity!
Position Overview:
- The Senior Credit Analyst functions as the Technical Support for the Market & Commodity Risk Department within the Risk Management Business Unit.
- The Senior Credit Analyst assesses both qualitative and quantitative factors that determines potential credit risk to the authority through the identification and monitoring of exposure to markets, counterparties, vendors, organizations and customers, provides governance and implements controls.
- The Senior Credit Analyst performs financial reviews to determine creditworthiness and assesses the probability of default.
Responsibilities:
- Perform credit analyses on markets, counterparties, vendors, organizations and customers, assessing the credit exposure and creditworthiness through the review of financial statements (annual reports, 10K and 10Q).
- Research industry and economic (macro- and micro-) trends and news events, identifying risk factors and drivers that may impact the credit portfolio.
- Determine liquidity premium for trades to guide optimal use of over-the-counter or exchanges for hedging.
- Perform trade controls, reviewing energy and non-energy commodity transactions for accuracy and compliance with limits.
- Calculate collateral requirements of derivatives with counterparties and exchanges.
- Monitor Bloomberg, Standard & Poor's (S&P), Collateralized Loan Obligation (CLO), Moody's, Fitch Ratings and / or Dun & Bradstreet and Credit Default Swaps (CDS).
- Initiate onboarding of International Swaps and Derivatives Association (ISDA) agreements and negotiate Credit Support Annex (CSA) thresholds.
- File Commodity Futures Trading Commission (CFTC) and Dodd-Frank Act requirements.
Skills:
- Thorough understanding of credit risk and drivers that impact creditworthiness.
- Established knowledge of the principles of finance, accounting, economics, derivatives, quantitative and statistical analysis methods and tools.
- Ability to perform independent credit analysis of counterparties, vendors, organizations and customers.
- Experience performing stress analyses to aid in determining credit and liquidity capacity.
- Understanding of credit risk management policies and processes.
- Highly proficient in spreadsheet and / or statistical analysis packages.
- Ability to create and deliver presentations, reports and dashboards.
- Thoroughness and attention to detail.
- Strong organizational and administrative skills.
- Ability to work as part of the broader Risk Management team.
Salary: $92,660 - $139,000 / year
If interested, you may contact:
Eileen Sares
esares@eclaro.com
646-755-9301
Eileen Sares | LinkedIn
Equal Opportunity Employer: Eclaro values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.