- Pay Rate: $55-64/hr
- HYBRID-onsite as needed/occassionally
- In this role as a member of the Risk Underwriting Team, you will be accountable for the credit and liquidity risk management of a portfolio of counterparties engaged in the markets. Individuals in this role perform analytical modeling to assess and minimize exposure to credit risk, perform counterparty credit risk assessment and scoring. The underwriting team performs fundamental credit risk assessments of counterparts across a diverse portfolio of counterparties including IOUs, IPPs, Cooperatives, Municipals, Financial Institution and Private Equity Firms. This position develops and implements best practices for credit underwriting approaches, monitors credit exposure across multiple market activity.
- Deliver fundamental credit risk analysis assessments of new applicants/existing market participants using credit scoring model,
- Recommend credit limits align with market activity and governing documents
- Manage a large portfolio of market participants including exposure analysis, annual reviews, limit management, emerging market events, and derisking solutions
- Partner with the membership, cash management, and risk team to execute and enhance existing processes
- Collaborate with a range of insurance companies / banks to ensure credit risk documents are in alignment with PJM tariff requirements
- Develop and monitor credit weekly, daily, and month-end reporting
- Assist on presentations to Senior Management and Stakeholders
- Analyze, highlight, and report on top risks
- Lead the coordination, maintenance and implementation of improved reporting and functionality of credit risk systems
- Work in partnership with internal lines of business to perform root cause analysis to resolve self and stakeholder identified credit risk gaps
- Act as a liaison between internal and external customers to troubleshoot and resolve issues
- Bachelor’s Degree, Business, Finance, or Accounting
- Industry experience required (energy, utilities, electrical, gas, FERC)
- Expertise in cash management, financial modelling, and credit risk assessment is required
- 5+ years working experience with credit risk
- Team player with an ability to interact with both internal and external stakeholders across all levels of the organization
- Ability to handle multiple tasks in a fast-paced environment and exhibit sound judgement and problem-solving skills
- Ability to produce high-quality work products with attention to detail
- Experience in quantitative and qualitative analysis
- This is a unique opportunity to support our client; one of the region’s largest transmission companies. Medical benefits and 401K are available.
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Recruiter: Lisa Hughes
Estimated Min Rate: $55.00
Estimated Max Rate: $64.00
What’s In It for You?
We welcome you to be a part of the largest and legendary global staffing companies to meet your career aspirations. Yoh’s network of client companies has been employing professionals like you for over 65 years in the U.S., UK and Canada. Join Yoh’s extensive talent community that will provide you with access to Yoh’s vast network of opportunities and gain access to this exclusive opportunity available to you. Benefit eligibility is in accordance with applicable laws and client requirements. Benefits include:
- Medical, Prescription, Dental & Vision Benefits (for employees working 20+ hours per week)
- Health Savings Account (HSA) (for employees working 20+ hours per week)
- Life & Disability Insurance (for employees working 20+ hours per week)
- MetLife Voluntary Benefits
- Employee Assistance Program (EAP)
- 401K Retirement Savings Plan
- Direct Deposit & weekly epayroll
- Referral Bonus Programs
- Certification and training opportunities
Note: Any pay ranges displayed are estimations. Actual pay is determined by an applicant's experience, technical expertise, and other qualifications as listed in the job description. All qualified applicants are welcome to apply.
Yoh, a Day & Zimmermann company, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Visit https://www.yoh.com/applicants-with-disabilities to contact us if you are an individual with a disability and require accommodation in the application process.
For California applicants, qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. All of the material job duties described in this posting are job duties for which a criminal history may have a direct, adverse, and negative relationship potentially resulting in the withdrawal of a conditional offer of employment.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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