Credit Analyst

EDF Trading North America, LLC is a major participant in wholesale energy markets and delivers customized energy solutions for our customers.

We operate in every market and provide coast to coast coverage of financial and physical products in power, natural gas and NGLs, environmental products and financial crude oil products.  We provide our customers with products and services that deliver access to markets, optimize their energy portfolio, hedge risk and manage assets.  Our Wholesale Business operates throughout the value chain in the North American wholesale power markets and we are one of the leading wholesale natural gas marketers. Additionally, we provide environmental, congestion management and value added derivative products.  With extensive pipeline agreements, we can manage natural gas offtakes, deliveries, capacities and supply anywhere across the continent. 

EDF Trading North America, LLC is part of the EDF Group, a global leader in low-carbon energies. 

Job Description:

Credit is a strategic function whose primary role is to manage the credit risk associated with commercial activities.

Responsibilities:

• Perform financial analysis to assess the creditworthiness of counterparties and make recommendations for appropriate credit limits and tenor.
• Review credit requests for extended or new terms and propose appropriate course of actions.
• Monitor, investigate and report limit breaches.
• Support  margining activities, collateral requirements, and other credit enhancements.
• Monitor daily excess positions and late settlement payment.
• Manage daily, weekly and monthly credit reporting.
• Accurately maintain the credit system (CubeLogic) and participate in upgrade and/or enhancements activities.
• Build and maintain relationships within the Risk team, the commercial desks, other functions and customers.
• Proactively participate in a wide variety of ad‐hoc queries timely and escalate as appropriate.
• Actively participate and support projects as assigned.

Requirements:

• Bachelor’s degree in accounting, finance, economics, or business
• Typically has at least 2 years of experience in credit or related field
• General understanding of credit principles
• Strong written and verbal communication skills
• Proficiency with MS software (Excel, Word, PowerPoint)
• Professional experience on contractual and credit documents (e.g. NAESB, ISDA, EEI, Parental Guarantees and Letters of Credit) preferred
• Professional experience on energy products traded by EDFT an advantage (primarily power, gas, environment products) preferred
• Previous experience with S&P Capital IQ platform or CubeLogic credit system will be an advantage

Note: EDF is an EEO employer

We are an equal opportunity employer and all qualified candidates will receive consideration for all positions without regard to race, color, age, religion, sex (including pregnancy), sexual orientation, gender identity, national origin, veteran status, disability, genetic information, or any other characteristic protected by law.

EDF participates in the E-Verify Employment Verification Program.

EDF is not currently accepting unsolicited resumes from search firms. Regardless of past practice, all resumes submitted by search firms to any employee at EDF via-email, the Internet or directly to hiring managers at EDF in any form without a valid written agreement in place for that specific position will be deemed the sole property of EDF. As a result, no fee will be paid in the event the candidate is hired by EDF.