Southern California Edison Senior Credit Risk Management Analyst (AFN4) in Rosemead, California
This position will be a Senior Credit Risk Management Analyst in the Credit Risk group within the Finance organization. The successful candidate will independently perform intensive qualitative and quantitative analysis to measure, monitor, control and report credit exposures of public and non-rated counterparties and portfolios within established risk management and controls framework in support of company-specific highly complex procurements and energy commodity trading. In addition to financial assessments of counterparties, the Analyst will also monitor financial condition of banks and financial institutions that provide Letters of Credit or other forms of security in the range of $100,000 to millions of dollars.
Typical responsibilities will also include:
Analyze financial statements, independent ratings assessments by agencies, and current industry conditions to provide objective financial credit exposure analysis and actionable credit limit recommendations.
Analyzes highly complex procurement structures that could have high financial (tens of millions $) and reputational impact to SCE if not adequately securitized.
Writes descriptions of risk exposure for the Management Discussion & Analysis section of Company’s 10K and 10Q reports. Performs SOX controls for credit exposure analysis. Provides confidential information for data requests from the CPUC and auditors.
Keeps abreast of counterparty news alerts, industry news and regulatory actions to proactively address emerging counterparty and credit risk issues. Supports proactive identification and communication of counterparty credit issues to senior management and internal clients.
Identifies and initiates the implementation of continuous improvement opportunities to enhance the credit assessment framework, streamline the process, and support the development and maintenance of documentation describing credit assessment processes.
Responsible for maintaining and managing counterparty credit limits in the credit risk management system.This also includes liaising with IT to ensure system issues are addressed effectively and expeditiously.
Works in a team environment collaborating with project managers, contract managers, traders, credit and collateral analysts, financial analysts and lawyers.
Must have a Bachelor’s Degree or higher in Business, Finance, Economics, Math, Engineering, or similar discipline.
Must have at least (5) years of experience with counterparty credit analysis, contract administration/negotiation, commodity trading, risk management, or financial/quantitative analysis.
MBA or Master’s Degree with Finance concentration.
CFA and/or CPA designation.
Experience analyzing and resolving credit risk and collateral requirements with counterparties.
Experience analyzing and performing credit and calculations of risk exposure for commercial or energy contract portfolios and transactions.
Experience with SOX controls for credit exposure analysis.
Experience negotiating or amending credit & collateral provisions for power purchase agreements, master agreements (EEI, ISDA, NAESB), or bilateral power contracts.
Knowledge and familiarity with SEC reporting (i.e. 10K and 10Q)
Experience leading projects and/or cross-functional project teams.
Demonstrated experience and proficiency with Microsoft Word, Excel, VBA, PowerPoint, SAP and SQL.
Strong communication and negotiating skills to develop and maintain partnerships with client organizations, counterparties and senior management.
Ability to achieve results through others by establishing the strategic priorities and empowering colleagues with the pertinent information and authority necessary to accomplish objectives.
Must have effective written, verbal, and presentation skills.
Ability to follow Edison Safety protocols and principals.
Ability to integrate work across relevant areas, develop the business and services to enhance customer satisfaction and productivity, manage risks appropriately, develop and execute business plans, manage information, and provide exceptional service to internal and external customers.
Effective resource and project planning, decision making, results delivery, team building, and the ability to stay current with relevant methods, technology and innovation.
Demonstrates strong ethics, influence and negotiation, leadership, interpersonal skills, communication, and the ability to effectively manage stress and engage in continuous learning.
Candidates for this position must be legally authorized to work directly as employees for any employer in the United States without visa sponsorship.
Relocation assistance may be provided
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Southern California Edison, an Edison International (NYSE:EIX) company, serves a population of nearly 14 million via 5 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California. Join the utility leader that is safely delivering reliable, affordable electricity to our customers for over 125 years.
Southern California Edison is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
If you require special assistance or accommodation while seeking employment with Southern California Edison, please call Human Resources at (800) 500-4723, and choose option 3 for the Employee Information Center. Representatives are available Monday through Friday, 8 a.m. to 4 p.m., Pacific time, except Wednesdays when the center closes at 2:30 p.m., and holidays, or (800) 352-8580 (Telecommunications device for the hearing impaired - TTY).
Title: Senior Credit Risk Management Analyst (AFN4)
Requisition ID: 71018178