Senior Credit Analyst

Job Description

Job Description

Lighthouse Professional Services a division of Staffing 360 Solutions group, is proud to be a “Best in Staffing 2023” award winner. We have over 50 years of experience placing people with small and global companies. Our offices in New York, Connecticut, and Massachusetts serve clients nationwide.
We are currently seeking a Senior Credit Analyst for a client in

White Plains, NY Summary

The Senior Credit Analyst functions as the technical support for the Market & Commodity Risk department within the Risk Management Business Unit. The Senior Credit Analyst assesses both qualitative and quantitative factors that determines potential credit risk to the Authority through the identification and monitoring of exposure to markets, counterparties, vendors, organizations and customers, provides governance and implements controls. The Senior Credit Analyst performs financial reviews to determine creditworthiness and assesses the probability of default.
Responsibilities

Perform credit analyses on markets, counterparties, vendors, organizations and customers, assessing the credit exposure and creditworthiness through the review of financial statements (annual reports, 10K and 10Q)
Research industry and economic (macro- and micro-) trends and news events, identifying risk factors and drivers that may impact the credit portfolio
Determine liquidity premium for trades to guide optimal use of over-the-counter or exchanges for hedging
Perform trade controls, reviewing energy and non-energy commodity transactions for accuracy and compliance with limits
Calculate collateral requirements of derivatives with counterparties and exchanges
Monitor Bloomberg, Standard & Poor’s (S&P), Collateralized Loan Obligation (CLO), Moody’s, Fitch Ratings and/or Dun & Bradstreet and credit default swaps (CDS)
Initiate on-boarding of International Swaps and Derivatives Association (ISDA) agreements and negotiate Credit Support Annex (CSA) thresholds
File Commodity Futures Trading Commission (CFTC) and Dodd-Frank Act requirements
Knowledge, Skills and Abilities

Creating models from scratch
Thorough understanding of credit risk and drivers that impact creditworthiness
Established knowledge of the principles of Finance, Accounting, Economics, derivatives, quantitative and statistical analysis methods and tools
Ability to perform independent credit analysis of counterparties, vendors, organizations and customers
Experience performing stress analyses to aid in determining credit and liquidity capacity
Understanding of credit risk management policies and processes
Highly proficient in spreadsheet and/or statistical analysis packages
Ability to create and deliver presentations, reports and dashboards
Thoroughness and attention to detail
Strong organizational and administrative skills
Ability to work as part of the broader Risk Management team
Education, Experience and Certifications

Bachelor’s Degree in Finance, Business Administration, Accounting, or Economics preferred
Minimum 4 years of demonstrated experience in credit risk analysis and research
Physical Requirements

Limited travel (about 10%) required primarily to our generating facilities.
The target salary range for this position is: $92,660-$139,000. Salary offered will be determined based the successful candidates’ relevant experience, knowledge, skills, and abilities.

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