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CHICAGO, Illinois; Newark, Delaware; Washington, Washington, DC; Baltimore, Maryland
Source: Exelon careers · View original posting
From Exelon's posting. “We” and “our” refer to the employer.
Who We Are
We're powering a cleaner, brighter future.
Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.
We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 20,000 colleagues strong serving more than 10.7 million customers at six energy companies -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).
We're committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive.
In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.
Are you in?
Primary Purpose
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
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. (15%)
Job Scope
JOB SCOPE
The Senior Analyst, Credit Risk has some credit authority to approve credit requests in their assigned region. The incumbent will:
Support Credit leadership in managing counterparty/customer limits and exposure monitoring to maintain compliance with credit policy and specific counterparty credit terms (including margining requirements)
Negotiate or advise junior credit personnel as they negotiate credit terms and conditions, participate in conference calls to assess counterparty credit worthiness, perform customer visits
Participate in conference calls with upper management of customers/counterparties - limited interaction with Senior Management on all credit/risk issues, including risk committee and transaction approval meetings
Rigorously follow the credit process in all transactions and derive creative solutions and structures in managing multiple risks associated with a multi-billion dollar portfolio
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