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Manager, Credit Risk

Job Summary: 
The Manager, Credit Risk oversees a team of Credit Analysts who monitor TPS business activities to ensure adherence to credit and cash management policies and procedures. He/she will also be vital to establishing new customer relationships and negotiating credit terms.
Essential Job Functions:
  • Manage Credit Analysts and direct their work activities, including providing ongoing performance feedback and training
  • Review analyst credit reviews and recommendations
  • Assign requests and project tasks to team members.
  • Guide and support team members with individual tasks as needed.
  • Attend market meetings and market conference calls representing TPS and its customers.
  • Monitor trading activity in relation to credit limits and contractual terms
  • Assist Origination and Business Development team evaluating new business opportunities.
  • Assist in contract negotiation and documentation
  • In coordination with legal, review language and terms of credit support documents (letters of credit, guarantees, etc.)
  • Update Power Tools Platform and Energy Credit Systems to ensure accuracy of data and reports
  • Review and distribute credit risk reports
  • Promote good communication and cooperation with other TPS departments
  • Various other projects as assigned
 Core Competencies:
  • Self Starter - Can work effectively and efficiently with little oversight. He/she does not require assignment of tasks, but sees worthwhile activities and initiates the appropriate effort. He/she is a self-starter with a strong bias for action with a sense of urgency and high energy. 
  • Customer Focus - Has ability to work well with a wide range of customers. Building a network of contacts and having a good working relationship with customers is critical. 
  • Uses Effective Communication Skills - Uses effective communication skills. He/she is candid, clear and concise in communication. He/she effectively matches style, tone and method to audience to connect with intended audience. The Credit and Cash Management Analyst manages communication and feedback within the organization.
  • Displays High Degree of Professionalism - Displays and practices a high level of good judgment and professionalism, and works collaboratively to achieve the organization’s success. 
  • Displays Leadership/Team Orientation – Displays and practices a high level of good judgment, thereby displaying a strong leadership/team orientation. Works collaboratively to achieve organization’s success. Effectively uses position and interpersonal skills to mobilize and inspire others to take action (situational leadership). Willing and able to lead beyond area of expertise.
Education/Experience/Skills
Basic Requirements:
  • Bachelor’s degree in Accounting, Finance, Economics, Business or another related field and 5+ years relevant work experience; however, additional work experience may be accepted in lieu of degree
  • Advanced understanding of financial statement analysis
  • Problem solving skills, ability to use logic and analysis to identify the strengths and weaknesses of different approaches, distinguish trends and impacts, and identify causes and effects
  • High experience level with Microsoft EXCEL, including creating and maintaining pivot tables and LOOKUP functions
  • Basic knowledge of other Microsoft Windows applications (Word, Power Point, Access, etc.)
  • Ability to prioritize assigned projects and tasks
  • Must have strong customer service, time management, and written/verbal communication skills
Preferred Requirements:
  • Prior experience with Independent System Operator (ISO) credit policies, procedures and working groups
  • Prior experience in the wholesale and/or retail electricity industry
  • Programming experience, particularly with VBA and/or C#
  • Strong knowledge of industry standard master agreements (ISDA, EEI, NAESB) and associated credit provisions
  • Prior experience managing employees, including providing career development opportunities and feedback
Physical Demands:        
Ability to use standard office equipment such as PC, telephone, calculator, printer, copy and fax machines. Position may require extended work hours on short notice. All work will be performed in an indoor office environment and may require extended periods of sitting, standing and bending and typing/data entry. The job may also include driving, and airline travel. Travel may be required to attend meetings in other office buildings including local and domestic.
Tenaska is an equal opportunity employer.