CREDIT RISK MANAGER jobs in Arizona

CREDIT RISK MANAGER develops and implements policies and procedures that reduce credit risk for a financial institution. Manages the building of financial models that predict credit risk exposure to the organization. Being a CREDIT RISK MANAGER oversees the preparation of performance reports for management. May require a master's degree. Additionally, CREDIT RISK MANAGER typically reports to a head of a unit/department. The CREDIT RISK MANAGER manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a CREDIT RISK MANAGER typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)

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Manager, Credit & Energy Risk
  • Clearway Energy
  • Scottsdale, AZ FULL_TIME
  • What The Role Is

    The Manager of Credit and Energy Risk will reside within the middle-office function and play a key role in the risk management of energy marketing and trading activities across Clearway’s portfolio of renewable and conventional generation assets. This position is responsible for counterparty credit risk management and compliance with risk policies and covenants in commercial agreements. The Manager will ensure that Clearway maintains a risk-oriented mentality as the platform expands into new technology and dynamic market structures, by understanding current and emerging risks across all North American wholesale energy markets. This is a highly visible role for a detail-oriented individual to excel within a growing risk management group.

    The position will report to the Director of Credit and Energy Risk.

    What You'll Be Doing

    • Assess initial and ongoing creditworthiness of counterparties, establish credit lines with counterparties, ensure that appropriate bilateral collateral and credit support arrangements are in place with such counterparties and ISOs, and oversee daily margin calls.
    • Collaborate with other groups in conveying the appropriate “tone at the top” – of prudent risk management of Clearway’s operating generation assets, including advancing training initiatives and establishing a greater fluency in risk concepts among Clearway’s professionals that facilitate a strong risk management culture within the enterprise.
    • Assist the Front Office functions (energy management, origination) with pre-transaction compliance, negotiation, administration, and maintenance of commodity-enabling agreements with counterparties, brokers, futures commission merchants, commodity exchanges, and third-party service providers.
    • Work collaboratively with front-office and back-office staff to achieve productive outcomes for the enterprise – able to identify risk in proposed transactions and undertake prudent/reasonable risk mitigations for a proposed course of action. To be viewed by peers as a ‘problem solver’ as opposed to a ‘roadblock’.
    • Create dashboards that present positions and exposures for Clearway: a) credit exposures including mark-to-market of energy hedges; b) Value at Risk; c) scenario/sensitivity analysis; d) outcomes of stress testing.
    • Oversee the creation and ongoing management of Project Limits for specified projects that will serve to establish the parameters and limits for products that can be executed by the Front Office.
    • Report credit exposures, positions, risk assessments, operational risk issues, and performance in a timely and accurate fashion for presentations going to senior management and other members of the Energy Risk Committee.
    • Review forward market price and volatility curves used by the Front Office for transaction and portfolio valuation.
    • Prepare risk issues that require approval of the Energy Risk Committee at committee meetings, maintain current and prior versions of the Policy, and facilitate the annual Policy review process.
    • Serve as an active participant in Clearway’s ETRM vendor review, selection, implementation, and integration initiative.
    • Ensure that counterparty and contract information is recorded accurately in Clearway’s system of record in a timely manner.
    • Coordinate with the Director on reporting incidents of non-compliance including limit violations and policy violations.

    What You'll Bring

    • Bachelor’s Degree in economics, finance, business, mathematics, or related discipline.
    • 5 years of credit risk experience in an energy trading or commodity environment.
    • Solid credit analytical skills with experience negotiating energy-related agreements (ISDAs, EEIs, PPAs) and underlying collateral including parental guarantees and letters of credit.
    • Thorough understanding of exposure calculations (MTM, PFE), trading instruments, and hedging.
    • Strong communication skills; able to relay complex issues in a digestible, executive-level format.
    • If you don’t meet 100% of the above qualifications but see yourself contributing, please submit your resume.

    What Would Be Nice

    • Direct renewable energy experience
    • CPA/CFA designation (or progress towards)
    • Advanced Excel skills, PowerBI reporting, and Bloomberg

    Clearway will not sponsor nonimmigrant visas for this position (H-1B, TN, E-3, etc.).

  • 7 Days Ago

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Credit risk manager
  • Western Alliance Bank
  • Gilbert, AZ FULL_TIME
  • Job Title : Credit Risk Review Manager Location : Gilbert Gilbert What you'll do : This position is responsible for planning and executing quarterly continuous credit file testing reviews, scheduled p...
  • 1 Month Ago

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Program Manager of Enterprise Risk Management (ERM) and Governance, Risk Management, and Compliance (GRC) tools
  • Desert Financial Credit Union
  • Phoenix, AZ FULL_TIME
  • The Program Manager of Enterprise Risk Management (ERM) and Governance, Risk Management, and Compliance (GRC) tools implements strategies that identify, assess, and mitigate risks across the organizat...
  • Just Posted

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Credit Assistance Manager I
  • Desert Financial Credit Union
  • Phoenix, AZ FULL_TIME
  • The Credit Assistance Manager I oversee the daily operations and service delivery of early-stage delinquency collections. The role is a critical part in optimizing the Credit Assistance department’s p...
  • 13 Days Ago

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Director of Underwriting/Credit Risk
  • Tri Pointe Homes Holdings, Inc.
  • Scottsdale, AZ FULL_TIME
  • Overview Tri Pointe Homes is about more than homes, we are about people. We are committed to changing the lives of our customers and employees. Our passion for creating communities does not end with o...
  • 19 Days Ago

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Senior Analyst, Credit Risk
  • Broadstone Net Lease
  • Phoenix, AZ FULL_TIME
  • The Senior Analyst, Credit Risk will conduct in-depth financial analysis for Broadstone Net Lease. This position will support the timely and accurate production of detailed financial analysis and prep...
  • 1 Month Ago

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Senior Manager, Retail Credit Risk Management
  • Schwab
  • **Senior Manager, Retail Credit Risk Management** **Location** Westlake, Texas, United States; Lone Tree,Colorado,United...
  • 3/28/2024 12:00:00 AM

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Lead Business System Analyst Remote position
  • Indotronix International Corporation
  • Plano, TX
  • Indotronix is seeking a Lead Business System Analyst Remote position Job Title: Lead Business System Analyst Location: R...
  • 3/28/2024 12:00:00 AM

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Market & Credit Risk Manager; Renewable Energy Commodities
  • Karbone
  • New York, NY
  • Karbone Inc. is an award-winning financial services platform for renewable energy and decarbonization markets. Since 200...
  • 3/27/2024 12:00:00 AM

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Senior Analyst, Credit Risk Management
  • Upgrade
  • San Francisco, CA
  • Upgrade is a fintech company that provides affordable and responsible credit, mobile banking, and payment products to ev...
  • 3/27/2024 12:00:00 AM

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Credit Risk Chief Operating Officer, Americas
  • Natixis Corporate & Investment Banking
  • New York, NY
  • Job Description Natixis CIB Americas has an opportunity to join the Credit Risk team as a Credit Risk Chief Operating Of...
  • 3/26/2024 12:00:00 AM

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Credit Risk Manager
  • Synechron
  • Weehawken, NJ
  • We are At Synechron, we believe in the power of digital to transform businesses for the better. Our global consulting fi...
  • 3/24/2024 12:00:00 AM

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Credit Risk Manager – C&I
  • Madison-Davis, LLC
  • Office Status: Hybrid Salary: $100,000 to $150,000 Responsibilities: Assess credit risk management program and make impr...
  • 3/24/2024 12:00:00 AM

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AVP - CLO Structured Credit
  • Selby Jennings
  • New York, NY
  • Insurance Industry Company Overview: Our Client is a leading player in the insurance industry committed to excellence an...
  • 3/24/2024 12:00:00 AM

Arizona (/ˌærɪˈzoʊnə/ (listen); Navajo: Hoozdo Hahoodzo Navajo pronunciation: [xòːztò xɑ̀xòːtsò]; O'odham: Alĭ ṣonak Uto-Aztecan pronunciation: [ˡaɺi ˡʂonak]) is a state in the southwestern region of the United States. It is also part of the Western and the Mountain states. It is the sixth largest and the 14th most populous of the 50 states. Its capital and largest city is Phoenix. Arizona shares the Four Corners region with Utah, Colorado, and New Mexico; its other neighboring states are Nevada and California to the west and the Mexican states of Sonora and Baja California to the south and so...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for CREDIT RISK MANAGER jobs
$114,493 to $168,668

CREDIT RISK MANAGER in Houston, TX
Additional responsibilities may include proactive evaluation of Problem Assets, the New/Complex Product Approval Process, Counterparty Risk Quantification, limit approval authority and reporting of capital markets credit risk.
January 18, 2020
CREDIT RISK MANAGER in Erie, PA
A credit risk manager is responsible for reviewing the financial statement details and prior history, then making a decision about the level of acceptable risk for the business or organization.
January 31, 2020
CREDIT RISK MANAGER in Paramus, NJ
Depending on the size of the organization and the industry, there might be multiple credit risk managers.
February 09, 2020