Financial Analyst, Sr Staff (Credit Risk & Insurance)

Work Place Flexibility: Hybrid 

Legal Entity: Entergy Services, LLC 

*** The preferred location for this role to be filled is The Woodlands, TX; however, other locations within the service territory may be considered. ***

 

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 efforts to acquire trade/credit insurance, surety bonds, letters of credit and other forms of third-party credit enhancements

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.

Assists in managing liquidity, including by ensuring collateral management processes supporting activities in the wholesale energy markets are well developed and executed.

Suggests and implements process improvements to benefit the team and/or the organization.

Participates in special projects to support business processes.

Develops and maintains a strong, visible presence where she/he is recognized as a credit risk management expert for the enterprise.

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

Strong knowledge of trade/credit insurance, surety bonds and letters of credit

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, CFA or MBA 

 

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Primary Location: Texas-The Woodlands Texas : The Woodlands || Arkansas : Little Rock || Louisiana : Baton Rouge || Louisiana : New Orleans || Mississippi : Jackson 
Job Function: Professional
FLSA Status: Professional 
Relocation Option: No Relocation Offered
Union description/code: NON BARGAINING UNIT 
Number of Openings