Credit & Risk Management Analyst
Credit & Risk Management Analyst
Posted on :
14-08-2025
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1 Vacancy
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Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
14-08-2025
Job Description
Position: Credit & Risk Management Analyst
Location: Carmel IN (Hybrid)
Duration: Contract (Till 12/2026 with likely extension)
Only local USC candidates will be considered.
Overview:
Responsible for upholding all applicable business requirements to mitigate the risk of loss while maintaining and developing effective policies and procedures related to both credit and risk management and associated requirements of the MISO Tariff.
Responsibilities:
- Articulate and communicate complex market risks and mitigation plans to stakeholders and executives to minimize risk.
- Maintain a sound understanding of products and services applicable to physical and financial markets to ensure organizational goals are aligned with business objectives
- Perform daily credit exposure monitoring including analysis forecasting and reporting.
- Establish credit methodology formulas to efficiently process credit information
- Maintain knowledge of credit/tariff requirements and have strong working knowledge of bankruptcy law and creditors rights to recommend strategies to improve business processes
- Send margin calls and threshold warnings as appropriate
- Enter same-day credit-related transactions; perform peer review as needed
- Manage cash collateral transaction letters of credit corporate guarantees unsecured credit allocations Financial Transmission Rights (FTRs) and virtual market allocations
- Perform accounts receivable tasks such as generating invoices and monitoring cash flow Continued credit assessment and monitoring for unsecure credit customers
- Implement and manage Tariff requirements including revisions and other compliance activities.
- Develop a thorough understanding of corporate insurance requirements and assist with maintaining insurance program
- Maintain controls to assure tariff requirements and procedures are adhered to
- Update processes and procedures for changes in company products to ensure accurate maintenance of processes to meet business expectations
- Maintain tariff documentation to ensure information is accurately maintained
- Design and implement procedures to ensure compliance to tariff
- Design predictive analysis proactive risk management to predict trends and patterns of business processes
- Evaluate and create controls to ensure compliance with tariff requirements and procedures
- Prepare credit evaluations and recommend credit limits in alignment with MISO Tariff.
- Contract analysis and evaluation of legal input on changes to collateral agreements to ensure contract terms are accurately stated
- Understand differences among RTO/ISO credit policies and participate in RTO/ISO benchmarking to adequately understand differences with an eye to ensuring organization goals are in line with best practices.
- Run external stakeholder working group and document decisions made to ensure information is maintained accurately
- Remain current on best practices in predictive analysis to predict trends and patterns of business processes to limit exposure to risk within acceptable limits
- Must be a team player.
- Professionally exercises discretion and independent judgment in day-to-day work
- Compliance with all processes procedures and standards applicable to the position including (but not limited to): SOC 1 (System Organization Controls 1) CIP (Critical Infrastructure Protection) Change Management Tariff (Open Access Transmission Energy and Operating Reserve Markets Tariff) FERC (Federal Energy Regulatory Commission) NERC (North American Electric Reliability Corporation) U.S. Department of Homeland Security and NAESB (North American Energy Standards Board)
Requirements:
- Bachelors degree in Finance Business Administration Economics Accounting or related field required M.B.A a plus.
- At least four years of related finance accounting or credit and risk analysis required six to ten plus years strongly preferred
- Previous energy industry experience preferred
Technical Knowledge Skills And Capabilities:
- The requirements listed below are representative of the knowledge skills and/or abilities required to perform each essential duty satisfactorily.
- Deep understanding of the technical details of all credit calculations required to perform credit analysis
- Ability to execute predictive analysis to predict trends and patterns.
Technical Capabilities - Must also be proficient with the following:
- Financial accounting and credit research software
- Oracle and Siebel
- Time Management Ability to work within a fast-paced deadline oriented environment with minimal supervision. Must be well organized with a high attention to detail and accuracy
- Computer Skills Must have intermediate skills in Microsoft Word Outlook Excel and PowerPoint.
- Project Management Ability to develop communicate and coordinate project plans and projects. Strong ability to multi-task and prioritize multiple projects. Ability to be a team leader and facilitate brainstorming sessions.
- Reasoning/Analytical Ability Ability to define problems collect & analyzes data establish facts and draw valid conclusions. Ability to read analyze and interpret complex professional and technical communications including financial reports legal documents etc. Ability to work with probability and statistical inference apply concepts such as fractions percentages ratios etc.
- Industry Knowledge Gas Electric or Power Systems experience preferred
General Core Competencies:
- Effective Communication Ability to read and comprehend instructions policies and procedures. Strong written and verbal communication skills; Ability to present complex data to groups of internal and external customers in a clear and concise manner. Ability to articulate in writing detailed concepts. Ability to collaborate with other departments to complete projects on time.
- Customer Service - Ability to provide excellent customer service to both internal and external clients.
- Teamwork - Ability to collaborate in a team environment; seek regular feedback and contribute in team meetings. Provide back-up to other team members as necessary.
- Results Orientation Be accountable for producing an accurate timely and quality work product.
- Operational Excellence Collaborate with others to identify efficiencies and process improvements. Embrace change and the focus on continuous improvement.
- Business Acumen Has an awareness of MISO Stakeholders MISOs role in the industry and the ability to distinguish the different MISO market segments.
Employment Type
Full-time
Key Skills
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