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 and is responsible for providing credit risk analysis and mitigation advice for business-to-business transactions, including securitization of customer obligations. The position is also responsible for ensuring that 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
- Assesses the credit worthiness of non-residential customers and collaborates with cross-functional teams to negotiate appropriate amounts and forms of securitization of customer obligations.
- Leads the credit evaluation team for the acquisition of generating resources via a competitive Request for Proposal process. Provide 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.
- Develops and maintains a strong, visible presence where she/he is recognized as a credit risk management expert for the enterprise.
- Actively supports the negotiation of credit terms for standard and nonstandard contracts including standard enabling agreements like NAESB and ISDA.
- Suggests and implements process improvements to benefit the team and/or the organization.
- Assists in managing liquidity, including by ensuring collateral management processes supporting activities in the wholesale energy markets are well developed and executed.
- Participates in special projects to support business processes.
- Trains and develops less experienced staff members and guide their day-to-day activities. Ensure the group timely executes its processes and delivers on its work product. Ensures 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 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: 116609
Travel Percentage:Up to 25%
An Equal Opportunity Employer, Minority/Female/Disability/Vets. Please click here to view the EEI page, or see statements below.
EEO Statement: The Entergy System of Companies provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, amnesty, or status as a protected veteran in accordance with applicable federal, state and local laws. The Entergy System of Companies complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment including, but not limited to, recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
The Entergy System of Companies expressly prohibits any form of unlawful employee harassment based on race, color, religion, sex, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of the Entergy System of Company employees to perform their expected job duties is absolutely not tolerated.
Accessibility: Entergy provides reasonable accommodations for online applicants. Requests for a reasonable accommodation may be made orally or in writing by an applicant, employee, or third party on his or her behalf. If you are an individual with a disability and you are in need of an accommodation for the recruiting process please click here and provide your name, contact number, the accommodation requested and the requisition number that you are requesting the accommodation for. Employee Services will contact you regarding your request.
Additional Responsibilities: 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.
Entergy Pay Transparency Policy Statement: The Entergy System of Companies (the Company) will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the Company’s legal duty to furnish information. 41 CFR 60-1.35(c). Equal Opportunity and Pay Transparency.
Pay Transparency Notice:
Pay Transparency Nondiscrimination Provision (dol.gov)
The non-confidential portions of the affirmative action program for individuals with disabilities and protected veterans shall be available for inspection upon request by any employee or applicant for employment. Please contact HRCompliance@entergy.com to schedule a time to review the affirmative action plan during regular office hours.
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.
Please note: Authorization to work in the United States is a precondition to employment in this position. Entergy will not sponsor candidates for work visas for this position.
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