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Senior Credit Manager - Wholesale Credit

ENGIE
United Statesfull_timeVerifiedPosted 29 Oct 2024
💰 $172,500/yr($112,000/yr$172,500/yr)

About the role

What You Can Expect

As a Senior Credit Manager (Senior Advisor), you will lead traditional wholesale counterparty credit functions for renewable power products, gas and Renewable Energy Certificates (RECs). Your responsibilities include annual credit reviews, contract negotiations, deal approval and negotiation of credit terms for non-standard transactions.

 

  • Conduct ongoing monitoring for a portfolio of counterparties, tracking both individual counterparties and broader industry and market conditions
  • Assess credit risk associated with Power Purchase Agreements (PPAs) and recommend risk mitigation measures
  • Construct creative credit solutions for structured transactions incorporating a quantitative and qualitative analysis
  • Evaluate and challenge computations of potential future credit exposure as prepared by the risk team
  • Collaborate with legal, commercial and risk teams to negotiate master agreements related to bi-lateral trading and structured transactions, including Power Purchase Agreements (PPAs)
  • Prepare slides for quarterly credit committee and prepare and validate month-end credit reports used for management communication and financial reporting
  • Manage assigned team member(s) and develop both personal and company growth
  • Carry out other duties as assigned

 

 

What You’ll Bring

  • Bachelor’s degree in which you completed courses in Accounting, Finance or other disciplines
  • 10 years’ professional experience required, with at least 7 years in Wholesale Energy Credit Risk Management 
  • Knowledge of Excel and other MS Office suite software
  • Knowledge of CapIQ credit scoring tool or similar
  • Familiarity with CubeLogic or similar credit monitoring system
  • Excellent communication skills, both verbal and written
  • Strict attention to detail   
  • Ability to have constructive and conscientious interactions with internal and external clients adhering to the ENGIE Values
  • Collaborate with internal teams to ensure alignment between credit decisions and business objectives
  • Communicate credit-related insights to senior management
  • Provide strategic recommendations based on market insights
  • Ability to research current credit events in the marketplace and evaluate the impacts to existing portfolio and pending transactions
  • Act as a team member with all employees of ENGIE North America  staff
  • Comply with all ENGIE North America policies and procedures

 

 

Additional Details

  • This role is eligible for our hybrid work policy 
  • Must be willing and able to comply with all ENGIE ethics and safety policies

 

 

Compensation

Salary Range: $112,000 – $172,500 USD annually

 

This represents the average expected pay range for

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Company

ENGIE

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