Senior Credit Risk Analyst

Job Title:
Senior Credit Risk Analyst

Work Place Flexibility:
Hybrid

Legal Entity:
Entergy Services, LLC

Job Summary/Purpose

The incumbent is considered a technical expert in credit risk management in the electric utility industry and is responsible for providing credit risk analysis and mitigation advice for business-to-business transactions, including securitization of large utility customer obligations. The position is also responsible for ensuring that other collateral requirements associated with positions in the wholesale energy markets are appropriately managed. The person in the position provides guidance to less experienced staff members.

Job Duties/Responsibilities

The primary responsibility of the person in this position is to identify the credit risk in complex structured agreements for supply of power to large utility customers and to collaborate with cross-functional teams to support negotiating appropriate amounts and forms of securitization of customer obligations. The incumbent must possess deep knowledge of various forms of collateral including guarantees, letters of credit, trade credit insurance and surety bonds. Successful execution of this responsibility will require developing and maintaining a strong, visible presence where she/he is recognized as a credit risk management expert for the enterprise.

Other responsibilities include:

1. Leading the credit evaluation team for the acquisition of generating resources via a competitive Request for Proposal process.
2. Providing formal credit risk evaluation services in support of the corporate risk committee process, ongoing counterparty research and ad hoc analyses at the request of internal customers.
3. Actively supporting the negotiation of credit terms for standard and nonstandard contracts including standard enabling agreements like NAESB and ISDA.
4. Recommending and implementing process improvements to benefit the team and/or the organization.
5. Assisting in managing liquidity, including by ensuring collateral management processes supporting activities in the wholesale energy markets are well developed and executed.
6. Training and developing less experienced staff members and guiding their day-to-day activities, ensuring the group timely executes its processes and delivers on its work product, and ensuring robust procedures for the group’s processes are in place and properly documented.

Minimum Requirements

Minimum education required of the position:

Bachelor's degree or equivalent work experience

Minimum experience required of the position:

7 years of experience in a related field

Minimum knowledge, skills, and abilities required of the position:

• Extensive credit risk management knowledge, preferably in a business-to-business setting.
• Ability to analyze and extract information from financial statements to assess the creditworthiness of counterparties.
• High level of familiarity with the types of third-party transactions inherent in the electric utility or other capital-intensive industries.
• Proficient knowledge of MS Outlook, Word, PowerPoint and Excel.
• Ability to work within a team environment and lead a team with minimal supervision.
• Ability to prioritize and handle multiple time-sensitive projects effectively.

Any certificates, licenses, etc. required of the position:

-Preferred: CPA or CFA

Primary Location:

Texas - The Woodlands

Job Function:

Professional
FLSA Status:

Professional

Relocation Option:

No Relocation Offered

Union description/code:

NON BARGAINING UNIT

Number of Openings:

1
Req ID:

#

Travel Percentage:

Up to 25%

An Equal Opportunity Employer, Minority/Female/Disability/Vets.

WORKING CONDITIONS:
As a provider of essential services, Entergy expects its employees to be available to work additional hours, to work in alternate locations, and/or to perform additional duties in connection with storms, outages, emergencies, or other situations as deemed necessary by the company. Exempt employees may not be paid overtime associated with such duties.