Gexa Energy/NextEra Energy Services is one of the fastest-growing retail energy providers, delivering innovative energy solutions with affordable electricity plans, including 100 percent renewable energy plans to more than 1.1 million residential and business customers throughout North America.
Position Specific Description
In this role for Gexa Energy, you will be responsible for analyzing the credit and liquidity risk management of an increasing portfolio of Retail Power and Gas commercial & industrial and residential customers within ERCOT, PJM, NEPOOL, NYISO, & MISO markets. The analyst will help drive the objectives to deliver reliable and timely risk management controls over a dynamic portfolio of credit, liquidity and contingents risks.
Employees in this role perform analytical modeling to assess and minimize the company's exposure to credit risk, negotiation of transactional documents, counterparty credit risk assessment and scoring. The successful candidate develops reliable and timely risk management solutions for a complex portfolio of credit, liquidity and contingents risks. Individuals in this role identify, analyze and mitigate current and emerging risks from the applicable portfolio. In this position, employees are responsible for supporting the Manager of Credit Risk, accountable for the credit and liquidity risk management of a dynamic portfolio of counterparts engaged in the North American wholesale energy markets for NextEra Energy Resources.
Job Duties & Responsibilities
• Delivers robust fundamental credit risk analysis assessments of counterparts in a range of industry verticals including generating shadow ratings using best-in-class credit rating models
• Proposes sensible credit limits for transactions with counterparts
• Manages a portfolio of counterparts including exposure analysis, annual reviews, limit management, portfolio surveillance and derisking solutions
• Partners with the commercial teams to negotiate transaction structures as well as master agreements
• Works with a range of insurance companies / banks to deliver credit risk mitigation options to support business development
• Performs other job-related duties as assigned
• High School Grad / GED
• Bachelor's or Equivalent Experience
• Experience:3+ years
Employee Group: Exempt
Employee Type: Full Time
Job Category: Energy Trading
Organization: Gexa Energy LP
Location: Houston, Texas
Other Work Locations: Texas
Relocation Provided: No
NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.
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