Credit Clerk - Audubon, PA, United States - Yoh

Description

In this role as a member of PJM's Risk Underwriting Team, you will be accountable for the credit and liquidity risk management of an increasing portfolio of counterparts engaged in the PJM markets.

Individuals in this role perform analytical modeling to assess and minimize PJM's 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 counterparts 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.

In this role you will also be accountable for monitoring and identifying emerging market events, assess the impact to PJM counterparties and develop/recommend actions to be taken to mitigate counterparty risk in PJM's counterparty portfolio.

Deliver fundamental credit risk analysis assessments of new applicants/existing market participants using PJM's credit scoring model,
Recommend credit limits align with market activity and PJM 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
Bachelor's Degree, Business, Finance, Accounting
Energy Risk Management Experience
Chartered Financial Analyst (CFA)

In this role as a member of PJM's Risk Underwriting Team, you will be accountable for the credit and liquidity risk management of an increasing portfolio of counterparts engaged in the PJM markets.

Individuals in this role perform analytical modeling to assess and minimize PJM's 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 counterparts 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.

In this role you will also be accountable for monitoring and identifying emerging market events, assess the impact to PJM counterparties and develop/recommend actions to be taken to mitigate counterparty risk in PJM's counterparty portfolio.

Deliver fundamental credit risk analysis assessments of new applicants/existing market participants using PJM's credit scoring model,
Recommend credit limits align with market activity and PJM 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
Bachelor's Degree, Business, Finance, Accounting
Energy Risk Management Experience
Chartered Financial Analyst (CFA)

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 to contact us if you are an individual with a disability and require accommodation in the application process.