CREDIT RISK MANAGER jobs in Houston, TX

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)

C
Manager, Credit & Energy Risk
  • Clearway Energy
  • Houston, TX 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.).

  • 8 Days Ago

F
Consumer Credit Analyst Manager
  • First Community Credit Union
  • Houston, TX FULL_TIME
  • First Community Credit Union is currently searching for a Consumer Credit Analyst Manager (VP Consumer Lending) based out of our Copperfield headquarters in North West Houston. This person will be res...
  • 25 Days Ago

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Credit Risk Analyst
  • PEMEX Deer Park
  • Deer Park, TX FULL_TIME
  • PEMEX Deer Park is a highly complex refinery located 18 miles east of Houston in Deer Park, TX, and is a part of the PEMEX group which is a fully integrated oil company in the Americas, working across...
  • 1 Day Ago

E
Analyst - Credit Risk Management
  • Energy Transfer LP
  • Houston, TX FULL_TIME
  • Position Summary: The successful candidate will work on the Sunoco LP Credit Risk Management team reporting to the Senior Manager - Credit Risk Management. The Credit Risk Analyst will be involved in ...
  • 26 Days Ago

A
Credit Risk Analyst
  • AES Corporation
  • Houston, TX FULL_TIME
  • At AES, we raise the quality of life around the world by changing the way energy works. Everyone makes an impact every day in our small, global teams. Apply here to start an extraordinary career today...
  • 11 Days Ago

F
Credit risk officer
  • Fifth Third Bank
  • Houston, TX FULL_TIME
  • Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION : Pursuant to ...
  • 18 Days Ago

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0 CREDIT RISK MANAGER jobs found in Houston, TX area

Houston is located 165 miles (266 km) east of Austin, 88 miles (142 km) west of the Louisiana border, and 250 miles (400 km) south of Dallas. The city has a total area of 627 square miles (1,620 km2); this comprises 599.59 square miles (1,552.9 km2) of land and 22.3 square miles (58 km2) covered by water. The Piney Woods are north of Houston. Most of Houston is located on the gulf coastal plain, and its vegetation is classified as temperate grassland and forest. Much of the city was built on forested land, marshes, swamp, or prairie and are all still visible in surrounding areas.[citation need...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for CREDIT RISK MANAGER jobs
$118,947 to $175,229
Houston, Texas area prices
were up 2.3% from a year ago

CREDIT RISK MANAGER in Portland, OR
In the past, managing the credit portfolio was considered good credit risk management.
February 14, 2020
CREDIT RISK MANAGER in Youngstown, OH
They wanted to know that a bank has thorough knowledge of customers and their associated credit risk.
February 09, 2020
CREDIT RISK MANAGER in La Crosse, WI
This position determines the risk of default to the lender, not with a simple yes or no but with an analysis that may lead to a more detailed report.
January 02, 2020