AES Sr. Credit Risk Manager in Houston, Texas
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We are looking for a Senior Credit Risk Manager. This role reports to the Snr Director of Global Risk Management under the Chief Risk Officer and will be responsible for the enhancement of AES’ Credit Risk Framework and Control function. A key aspect of this position is a commitment to continuous improvement in the areas of Credit risk reporting, policy, approval processes and technology use.
The position collaborates with Senior Leadership and partners closely with business-level Risk Directors and Commercial, Digital and Finance teams. This is an exciting role with leadership opportunities and a significant opportunity to make an impact!
Helps lead the development, tracking and evaluation of credit risk metrics across the organization.
Support the Global Commercial and Credit risk team’s need for counterparty credit support. Including distilling best practices.
Monitor credit exposure, LC usage and liaise with Treasury to set up credit facilities.
Liaise with Credit Risk Analytics around complex structures and exposure analytics.
Implement an enhanced Credit Risk Policy for the Firm, and work with specialized business divisions to adopt the policy and procedures locally.
Conduct periodic Credit reviews of counterparties with large exposure.
Refine and implement a Potential Future Exposure framework to prioritize Credit Risk.
Interest in leading and developing less experienced talent.
Respond timely to ad-hoc analysis requests from the Origination, Finance, and Local Risk teams.
Work with the Reporting & Analytics team to develop credit reporting.
Annually and as required support the Accounting and Finance teams with routine audits.
Be a change agent for data-driven commercial decisions and analytics across the enterprise, collaborating with teams across AES.
Experience and Skills
Experience of 6+ years in the energy industry in the credit space.
Familiarity with an Energy Trade Risk Management (ETRM) system such as Allegro.
Familiarity and prior experience with financial markets, products, pricing models, credit risk, and market risk.
Strong interpersonal, communication, and presentation skills, both written and verbal.
Comfortable handling multiple stakeholders, driving consensus, and influencing outcomes.
Team player that can think clearly and operate in a fast-paced environment!
Ability to build good working relationships with key stakeholders and independently work with the front office.
Knowledge of energy markets including at least one of the following (PJM, CAISO, ERCOT, ISO-NE, NYISO).
An Understanding of MPE, PFE, VaR, stress-reporting and other risk measures.
Understanding of credit risk management, portfolio theory, principles, and measurement concepts including Value-at-Risk, Cash Flow-at-Risk, and Back Testing analysis.
Flexible and adaptable commercial agility; ability to reorder critical analysis projects based on new commercial requirements, under tight deadlines and sometimes changing requirements.
Degree in Finance, Economics, Math, Engineering, sciences, or equivalent.
Advanced degree and/or certifications in an analytic field and data analysis preferred.
On- site 3 days.
AES is an Equal Opportunity Employer who is committed to building strength and delivering long-term sustainability through diversity and inclusion. Respecting all backgrounds, differences and perspectives enables us to improve the lives of our people, customers, suppliers, contractors, and the communities in which we live and work. All qualified applicants will receive consideration for employment without regard to sex, sexual orientation, gender, gender identity and/or expression, race, national origin, ethnicity, age, religion, marital status, physical or mental disability, pregnancy, childbirth, or related medical condition, military or veteran status, or any other characteristic protected under applicable law. E-Verify Notice: AES will provide the Social Security Administration (SSA) and if necessary, the Department of Homeland Security (DHS) with information from each new employee's I-9 to confirm work authorization.
Accelerating the future of energy, together
Our people are our energy and have transformed AES into the type of energy company that the world needs today and in the future. Coming from all walks of life, our people share a passion for improving lives by advancing the energy sector through innovation, collaboration and action.
We are working in an industry that requires new thinking and ways of working together to create solutions that are both economically and environmentally viable, not just one or the other.
We are looking for passionate people to join us in our mission to accelerate the future of energy.
Are you ready to join us? www.aes.com/careers