Credit Risk Analyst

Welcome to the intersection of energy and home services. At Direct Energy, an NRG company, we’re all about propelling the next generation of leaders forward. We are driven by our passion to create a smarter, cleaner and more connected future. We deliver innovative solutions that make our customers’ lives easier—helping them power, protect, and intelligently manage their homes and businesses. To do this, we need creative and talented people to join our company.

We offer a dynamic work environment and a unified and inclusive culture. Our company programs are designed to help employees develop the skills they need for success now and in the future. In everything we do, we aim to champion our employees and bring value to our customers, investors and society.

More information is available at www.directenergy.com. Connect with NRG and Direct Energy on Facebook, LinkedIn, and follow us on Twitter.

Job Summary: 

The successful candidate will be a recent graduate with a bachelor’s degree in finance, accounting, economics, or a related field. They will be a mature self-starter, eager to learn and with basic understanding of financial statement analysis, collateral instruments, and financial exposure measurement and management. Reporting duties require basic Excel skills though expertise is desired. The successful candidate will join a team of credit professionals responsible for a portfolio of retail energy customers across North America and be a key contributor to the ongoing development of best-in-class risk management tools for NRG’s retail credit team.

Essential Duties/Responsibilities:

• Perform credit reviews of current and prospective retail energy customers using financial analysis, third-party rating agency intelligence, data services, and proprietary models.
• Qualify prospective transactions including purpose, exposure, risks, and potential mitigants.
• Actively monitor and manage a designated retail customer portfolio by maintaining credit limits, ratings, and other prerequisite database fields for accurate reporting and monitoring.
• Apply good judgment in recommending transactions and applying appropriate credit limits to customers based on the credit analysis conducted.
• Participate in calls with customers and brokers to obtain information needed for credit review.
• Perform weekly reporting of top customer exposures, expected losses, and over-limit issues.
• Support the development and enhancement of credit risk metrics, processes, and development of solutions to credit issues while remaining compliant with policy.
• Develop and maintain a strong working relationship with the sales team by addressing credit-related inquiries with a fast turnaround and clear response.

Working Conditions:

• Open office environment a minimum of 3 days/week.
• Ability to work effectively in a remote environment 1-2 days/week.

Minimum Requirements:

• University undergraduate degree in Accounting, Finance, Economics, or a related field.
• Foundational understanding of financial statements and credit risk metrics.
• Strong written and oral communication skills.

• Detail-oriented, able to work independently and collaboratively with other team members and departments.
• Basic skills in Excel, PowerPoint, and MS Word.   

Preferred Qualifications:

• Experience with third-party credit agencies including Dun & Bradstreet, Credit Risk Monitor, Experian/Equifax, S&P Capital IQ, Moody’s KMV, or others.
• Accounting designation or CFA, conferred or in progress.
• Highly skilled with MS Excel and SQL; proficient with other MS Office products.
• Functional knowledge of reporting software such as Tableau or PowerBI.

Physical Requirements:

Standard open office environment.

Why NRG is a great place to work:

• Great company culture!! Voted as a BEST employer by Forbes
• A competitive total compensation package, including annual incentive and/or commission
• Stock Purchase Plan 
• Benefits on the first day of employment - Medical, Dental, Vision, Life Insurance, and Short Term Disability, Wellness program, etc.   
• Company-paid life insurance and disability insurance
• Pension plan to help save for retirement
• Generous PTO plan, plus 8 company holidays.
• Numerous discounts, including electricity discounts on NRG brands

NRG Energy is committed to a drug and alcohol-free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Protected Veteran Status/Disability. Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.

EEO is the Law Poster (The poster can be found at http://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf)

Official description on file with Talent.