Credit Risk Analyst
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Job Location:
Irving, TX - USA
Monthly Salary:
Not Disclosed
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
If you have what it takes to become part of the Vistra family and would like to start a promising career with a global leader take a look at the exciting employment opportunities that are currently available and apply online.
Job Summary
This position provides support to the Credit Risk organization and is responsible for a number of daily and monthly deliverables. The Credit Risk department is responsible for the management of all aspects of the credit risk mitigation effort including researching and analyzing new and existing counterparties to determine appropriate levels of exposure managing collateral requirements negotiating and structuring of contracts and credit support arrangements and monitoring and reporting of credit exposures and events.Job Description
Key Accountabilities
Manage dynamic credit requirements associated with Exchange Counterparties including but not limited to forecast and analysis of collateral requirementsPerform daily bilateral margining activities including reporting dispute resolution and maintaining counterparty relationshipsCommunicate with internal and external clients regarding margining valuation disputes and collateral postings as well as respond to credit risk queries in a timely manner.Monitor and maintain collateral postings including cash letters of credit negotiation Guarantee renewals and lockbox cash disbursements.Perform reporting of business activities and ad hoc assessment of credit system issues/enhancements.Perform daily monthly and quarterly reporting of business results and operational activities and ad hoc assessment of credit system issues/enhancements
Education Experience & Skill Requirements
Undergraduate degree in finance accounting economics engineering or related quantitative discipline.Experience with commercial credit risk especially as it pertains to the energy sector is a plus.Experience with Allegro ETRM a plus.Working knowledge of Visual Basic C SQL SAS and/or other relevant programming language a plus.Proficiency in Microsoft Office products (Excel Word Access and Power Point).
Key Metrics
Margin call (sending and receiving) timeliness and accuracyTrading exception timeliness and accuracyCredit risk completeness and accuracySOX and Operational controls complianceThoroughness of counterparty reviews
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Job Family
Risk ManagementCompany
Vistra Corporate Services CompanyLocations
Irving TexasTexasWe are a company of people committed to: Exceeding Customer Expectations Great People Teamwork Competitive Spirit and Effective Communication. If this describes you then apply today!
If you currently work for Vistra or its subsidiaries please apply via the internal career site.
It is the policy of the Company to comply with all employment laws and to afford equal employment opportunity to individuals in all aspects of employment including in selection for job opportunities without regard to race color religion sex sexual orientation gender identity pregnancy national origin age disability genetic information military service protected veteran status or any other consideration protected by federal state or local laws.
Required Experience:
IC
Key Skills
- ISO 27001
- Microsoft Access
- Risk Management
- Financial Services
- PCI
- Risk Analysis
- Analysis Skills
- COBIT
- NIST Standards
- SOX
- Information Security
- Data Analysis Skills
