USNLX Diversity Jobs

USNLX Diversity Careers

Job Information

Constellation Senior Analyst, Credit Risk in Baltimore, Maryland

COMPANY OVERVIEW

As the nation's largest producer of clean, carbon-free energy, Constellation is a company purposely-built to meet the challenges of the climate crisis. Constellation has been the leader in clean energy production for more than a decade and we are growing our company and capabilities. Now, we're accelerating, speeding our low-carbon or no-carbon power to more people in more places, day and night, providing our customers and communities with options to buy, manage and use energy as part of their decarbonization mission. The race is on to confront the climate crisis and Constellation is ready to meet the challenge. Come join us as we lead energy, together.

TOTAL REWARDS

Constellation offers a wide range of benefits and rewards, designed to help our employees thrive professionally and personally. In addition to highly competitive salaries, we offer a bonus program, 401(k) with company match, employee stock purchase program; comprehensive medical, dental and vision benefits, including a robust wellness program; paid time off for vacation, holidays and sick days; and much more.

Expected salary range of $100,800 to $112,000, varies based on experience, along with comprehensive benefits package that includes bonus and 401(k).

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 AND ACCOUNTABILITIES

  • Assess and analyze the credit worthiness of customers and trading counterparties, and monitor current and potential exposures.

  • Recommend credit terms and conditions within customer and wholesale commodity contracts.

  • 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.

  • Assist on presentations to Senior Management that include credit decisions and recommendations, while highlighting top credit risks within the organization.

  • Manage credit relationships with assigned counterparties, Regional Transmission Organizations, and Gas Pipelines. Lead analytical support of these credit relationships.

  • As directed by Credit leadership, lead the coordination, maintenance, and implementation of improved reporting and functionality of Credit Risk systems.

MINIMUM QUALIFICATIONS

  • BS in Accounting, Economics, Finance, Mathematics, or a related degree

  • At least 5 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

  • Completion of formal credit training program

  • Advanced degree or professional designation in a related field

Constellation is proud to be an equal opportunity employer and employees or applicants will receive consideration for employment without regard to: age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law.

DirectEmployers