Northern Natural Gas · 3 months ago
Credit Analyst/Sr
Omaha, NE
Full-time
Onsite
Senior Level, Lead/Staff
8+ years expNorthern Natural Gas is a leader in natural gas transportation and operates extensive pipeline systems. The credit analyst is responsible for analyzing financial information, assessing credit risk, and ensuring compliance with credit policies while supporting the credit department's operations.
EnergyRenewable Energy
Responsibilities
Performs complex financial analysis of active/prospective customers to establish/review creditworthiness as prescribed by appropriate company FERC Tariff
Assesses and evaluates the credit worthiness of the counterparties and monitors the credit and market exposure to these counterparties, including a qualitative and quantitative analysis that takes into account the financial condition of the company, the strength of the management team, its risk management policy and counterpart's regulatory compliance
Administers sound credit practices and policies to ensure strict adherence to legal, regulatory and banking parameters concerning the extension of credit and collection of accounts receivable
Participates in obtaining credit data and analyzing financial statements to authorize credit limits within established limits and, as necessary, recommend higher limits
Supports credit analysts in assessing credit risk with difficult collection matters when necessary
Serves as an analytical resource for the credit department on assigned tasks or projects
Arranges for security instruments, or prepayments as determined by financial analyses
Monitors the daily credit and market exposure within portfolios to minimize risk by utilizing various financial tools to assess, monitor, and measure daily counterparty trading activity
Provides essential credit and market risk reporting and maintain/update credit profiles of customers
Negotiates security arrangements with customers and financial institutions
Participates in the development/enhancement and testing of risk management systems including review of the functional design documents and performing user acceptance testing
Assists in the training and development of credit analysts within the department
Approves transportation requests for secured and unsecured credit
Assists with lender approval of firm transportation customers
Disseminates credit information to internal personnel and external contacts
Develops financial results used in presentations for senior financial management
Keeps credit management informed of changing account conditions, which may affect payment probabilities
Prepares and executes a schedule for annual reviews of portfolio customers. Reports the status of accounts on a monthly basis to manager
Provide technical input to assist in development of project planning
Perform any additional responsibilities as requested or assigned
Qualification
Required
Bachelor's degree in finance, accounting, business administration, or related field; or equivalent work experience. (Typically, six years of related, progressive work experience would be needed for candidates applying for this position who do not possess a bachelor's degree.)
Eight or more years of related credit or banking experience
Knowledge of capital markets products, financial statements analysis, and accounting principles
Good understanding of the regulated environment and the gas sales and gas transportation marketing, contracting and nominations functions
Experience/exposure to the pipeline transportation industry, as well as knowledge of the natural gas business
Excellent spreadsheet and word processing software skills
Excellent negotiation, analytical, problem-solving and interpersonal skills
Ability to exercise excellent business judgment
Ability to develop and maintain rapport with customers and business peers and gain the trust and confidence of customers while maintaining company goals
Ability to integrate broad business picture with the credit function
Ability to work closely with manager, credit risk, in providing seamless coverage of customer and company needs
Must be customer focused and sensitive to the department's role as a service provider
Must have ability to work on special collection issues
Effective oral and written communication skills
Effective analytical, decision-making and problem-solving skills
Ability to prioritize and handle multiple tasks and projects concurrently
Support the Company's employee policies and procedures, including workplace safety rules
Preferred
MBA preferred
Company
Northern Natural Gas
Northern Natural Gas operates an interstate natural gas pipeline.
Founded in 1930Omaha, Nebraska, USA
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Lynette Young
Human Resources Business Partner
Sarah Pickrell
HR Business Partner
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