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ISO New England Inc. · 3 weeks ago

Senior Analyst – Margining & Credit Risk

Holyoke, MA

Full-time

Hybrid

Mid, Senior Level

$91K/yr - $121K/yr

5+ years exp

ISO New England is the independent system operator responsible for ensuring the safe and reliable flow of electricity in our region and planning for the future of the electric grid. We’re seeking a Senior Margining Operations Analyst to support daily collateral management operations and help mitigate participant default risk.

Energy

Comp. & Benefits

Responsibilities

Administer intra-day margining for the Real-Time, Day-Ahead, FTR and Forward Capacity Markets

Evaluate the daily collateral requirements of market participants

Reconcile margin data and resolve disputes with market participants

Administer Letters of Credit, Surety Bonds and cash deposits

Execute market participant suspension and cure procedures

Support development of collateral management tools and systems

Serve as the primary contact for inquiries on collateral requirements

Qualification

Financial risk analysisCollateral managementEnergy markets knowledgeMargining practicesCredit analysisMulti-taskingCommunication skills

Required

Bachelor's Degree in Business, Finance, or other related field

5+ years of experience in financial risk, credit analysis, or collateral operations

Ability to multi-task effectively on complex margining operations processes and consistently meet intra-day collateral management deadlines

Familiarity with margining practices and products (e.g., OTC derivatives, futures, cleared swaps)

Understanding of energy markets and the role of the ISO as a central clearing counterpart

Strong knowledge of collateral management instruments such as letters of credit and surety bonds

Benefits

Annual performance bonus

Comprehensive health insurance (medical, dental and vision)

Flexible spending and health savings accounts

A 401(k) plan with generous employer contributions

Student debt benefit

Life and AD&D insurance

Disability insurance

Critical illness and hospital indemnity benefits

Paid time off

Paid leave

Wellness program

Employee assistance program

Other great company perks

Company

ISO New England Inc.

Keeping the power flowing reliably and at competitive prices to the homes, businesses, and industries across the six diverse states of New England is a complicated, demanding, and ever-evolving job.

Founded in 1997

Holyoke, Massachusetts, USA

501-1000 employees