What are the responsibilities and job description for the Credit Analyst position at JPC Partners?
JPC Partners is looking for a Credit Risk Analyst that will be accountable for the credit and liquidity risk management of a portfolio of counterparties engaged in various markets. Individuals in this role perform analytical modeling to assess and minimize 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 counterparties 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, assessing the impact to counterparties and develop / recommend actions to be taken to mitigate counterparty risk in the counterparty portfolio.
Job Duties & Responsibilities
- Deliver fundamental credit risk analysis assessments of new applicants / existing market participants using the company’s credit scoring model,
- Recommend credit limits align with market activity and 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 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
- Act as a liaison between internal and external customers to troubleshoot and resolve issues
Required Qualifications