Analyst - Credit Risk Mgmt
Analyst – Credit Risk Management
Summary:
The successful candidate will work in the Energy Transfer Credit Risk Management group reporting to the Manager – Credit Risk Management. The Credit Risk Analyst will be involved in daily credit activities, special projects as required and communication with counterparties and internal legal, commercial and accounting groups. The Credit Risk Analyst must communicate effectively in a cross-functional environment on matters relating to credit risk.
Essential Duties and Responsibilities:
- Analyze financial statements using credit scoring model and perform credit evaluations in order to determine appropriate credit limits
- Analyze entity structure to assess both individual counterparty and enterprise credit risk; Obtain and negotiate parent company guaranties as appropriate
- Negotiate the credit terms included in the NAESB and other commercial agreements
- Determine whether collateral is necessary to reduce credit risk and negotiate collateral appropriate to the risk
- Maintain approved credit limits in credit risk management system
- Monitor credit support documents to keep current, such as guaranties and letters of credit, to ensure that the credit support properly mitigates credit exposure.
- Maintain credit system database accurately and timely with counterparty names, guaranties, letters of credit and credit ratings.
- Assist CRM team with the management of external counterparty and internal business relationships
- Provide information for miscellaneous reports on an ad hoc basis
- Perform any other tasks as assigned
- Able to professionally, accurately and promptly respond to counterparty margin calls.
Requirements:
Required experience is commensurate with the selected job level:
- The Analyst level requires a Bachelor’s degree and 2-5 years of relevant experience
- The Senior Analyst level requires a Bachelor’s degree and 5-8 years of relevant experience
- The Lead Analyst level requires a Bachelor’s degree and 8+ years of relevant experience
Preferred Qualifications:
Energy Industry experience strongly preferred.
Working Conditions:
- Usually, normal office working conditions.
- Must be able to remain in a stationary position 50% of the time due to prolonged periods of sitting or standing.
- Occasional overnight travel may be required.
- Occasional visits to industrial/manufacturing settings, which may include exposure to various materials and chemicals, as well as extreme temperature conditions and loud machinery, and require appropriate personal protective equipment.
DISCLAIMER: The above statements, which are subject to change, are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
An equal opportunity employer/disability/vet
Energy Transfer is an equal opportunity employer and does not discriminate against qualified applicants on the basis of actual or perceived race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, pregnancy, veteran status, genetic information, citizenship status, or any other basis prohibited by law.
The nature and frequency of the above working conditions and requirements may vary depending on individual operational circumstances. Where feasible, the Partnership will make reasonable accommodations to qualified individuals with disabilities to enable them to perform the essential functions of the job.
DISCLAIMER:
The statements listed in this job posting, which are subject to change, are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.