NextEra Energy, Inc. logo
Company Name:
Approximate Salary:
Not Specified
Location:
Houston, Texas
Country:
United States
Industry:
Trading
Position type:
Experience level:
2 - 5 years
Education level:
Bachelor's Degree
Reference Number
520937500
ID
201451
Job Title:
Credit Analyst - Energy Mktg
77070

Credit Analyst - Energy Mktg

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.

 

Key responsibilities

  • Drive the development of a best-in-class controls environment for credit, liquidity and contingent risks
  • Partner with IT to develop a strong controls environment which will ensure data integrity and fraud prevention
  • Partner with team in the daily completion and review of credit for new customers
  • Adhere to credit/risk policies and procedures and update, as required
  • Perform review of credit/risk for potential acquisitions
  • Inbound and outbound collateral management including controls (PGs, LCs, Cash & Surety Bonds etc.)
  • Management of letter of credit issuances through bank facilities
  • Assist team with any special projects that may arise

 

Job Overview

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

Required Qualifications


•  High School Grad / GED
•  Bachelor's or Equivalent Experience
•  Experience:3+ years

Preferred Qualifications

  • Bachelor's Degree
  • Chartered Financial Analyst  (CFA)

 

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.

If you require special support or accommodation while seeking employment with NextEra Energy, please send an e-mail to AskHR@NEE.com, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748 (Option 1, Press 6) between 8 a.m. and 5 p.m. EST Monday-Friday. Please do not use this line to inquire about your application status.

NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.

 

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