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PPL Corporation · 2 days ago

Associate/Interm./Sr. Credit Analyst

Allentown, PA

Full-time

Hybrid

New Grad, Entry, Mid, Senior Level

0+ years exp

PPL Corporation is one of the largest investor-owned utility companies in the United States, committed to creating sustainable value for its customers. The Associate/Intermediate/Senior Credit Analyst will assess and monitor counterparty creditworthiness across various business units and recommend credit limits while ensuring adherence to internal credit risk governance.

Electrical DistributionEnergyMarketing

Comp. & Benefits

Responsibilities

Research and analyze a variety of financial information, credit reports, economic trends, contractual agreements, and existing market conditions to determine creditworthiness of current and potential trading counterparties

Prepare concise counterparty credit reviews for corporations, municipals, cooperatives and financial institutions. Recommend appropriate credit limits and credit risk mitigation in alignment with internal credit risk governance

Credit evaluation of private companies, including the coordination of financial statements and utilization of third-party credit scoring model

Monitor trading counterparty credit exposure to ensure compliance with established credit limits

Maintain credit reporting and ensure timely distribution to management and trading personnel. As needed, coordinate, develop, and implement credit reporting enhancements to support the risk management organization and business units

Maintain company repository of credit instruments and facilitate internal reporting of bank exposures

Assist with maintaining credit margining models and performing daily credit margining processes as needed

Coordinate with contract administration to complete the timely execution of documents needed to trade across a multi-commodity spectrum

Facilitate the coordination of documentation between counterparties, which includes managing and negotiating terms of collateral, master agreements, letters of credit, guarantees, netting agreements, etc

Develop and maintain credit relationships with counterparties

Consult with business units regarding creditworthiness of their counterparties to support the organization’s objective of mitigating and avoiding credit-related losses under major contract awards

Comply with all policies and standards

Perform other duties as assigned

Qualification

Credit risk managementFinancial statement analysisExcelAnalytical skillsTechnical skillsMulti-taskingCommunication skillsProblem solvingAttention to detailNegotiating skills

Required

Bachelor's degree in finance, accounting, business administration, or related field

0-2 years of credit/risk management work experience in the energy industry, banking industry, or related experience from which comparable knowledge, skills, and competencies have been acquired

Strong problem solving and analytical skills

Intermediate knowledge of Excel

Technical skills to support analytical work and reporting capabilities

Effective written, verbal, and interpersonal communication skills

Ability to manage multiple tasks

Attention to detail

2+ years of credit/risk management work experience in the energy industry, banking industry, or related experience from which comparable knowledge, skills, and competencies have been acquired

5+ years of credit/risk management work experience in the energy industry, banking industry, or related experience from which comparable knowledge, skills, and competencies have been acquired

Understanding of credit and risk management fundamentals, mark-to-market calculations, mitigation techniques and valuations of forward contract positions is necessary

Strong negotiating skills, interpersonal skills and analytical skills with the ability to solve new and complex problems

Advanced knowledge of Excel

Strong and effective written, verbal, and interpersonal communication skills

Perform the primary job responsibilities under minimal supervision