San Diego, CA, United States
Jul 21, 2021
Nov 03, 2021
Job Summary: (includes but is not limited to the following, other duties may be assigned):
Independently manages an assigned counter party portfolio by interfacing with all levels of sales and management, to ensure the protection of the company’s mark to market exposure (MTM) and accounts receivable assets through the effective use of credit risk analytics and systems. Provides support to the company’s sales efforts by performing timely credit risk analysis on potential and existing counter parties. At all times exercises discretion and independent judgment in assigned areas of responsibility.
Credit Risk Analysis 65%
• Performs detailed credit risk analysis, including analysis of financial data and ratios, to qualify new and existing counter parties that meet established timelines and support ongoing sales negotiations.
• Utilizes outside vendors, (Standard & Poors, Moody’s, Dun & Bradstreet, etc.) to thoroughly research and obtain salient industry and counter party data for credit risk evaluation.
• Perform annual reviews of financial and credit data for assigned account portfolio. Calculates and assigns credit risk ratings based upon the output of proprietary scoring models.
• Initiates modifications of credit limits to existing customers to support increased business opportunities or to protect the company from undo losses.
• To protect the company’s interests, incumbent is responsible for the timely and accurate filing of the company’s Proof of Claim for any bankruptcy filing.
Reporting & Special Projects 25%
• Generates an array of accurate monthly, quarterly and annual management reports.
• Establishes and maintains counter party data in Allegro system.
• Supports the Director, Credit Risk as required by performing special projects, ad hoc reporting, routine requests, etc.
• Authorized to work autonomously in day-to-day decision making to effectively collect payments from customers in accordance with contractual terms.
• Empowered to negotiate terms of sale and payment plans as necessary.
• Interfaces with all levels of sales, senior management and other internal departments to expedite the resolution of disputes and thus ensure the protection of the company’s settlement risk through the effective use of systems and proven collection practices.
• Integral in the ongoing reconciliation of customer accounts.
• Develops and maintains effective working relationships with internal and external customers to maximize cooperation and efficiency.
• Bachelor’s Degree in finance, accounting or equivalent experience
• Minimum of three (3) years in commercial credit
• Demonstrated organization, analytical and problem-solving skills are required.
• Highly skilled in complex financial analysis as it relates to evaluating creditworthiness.
• Is able to identify and prioritize various tasks to efficiently produce results.
• Strong verbal, written and interpersonal communication skills are essential.
• Energy industry or banking experience is preferred.
• Experienced with receivable management systems and is proficient in Microsoft Excel and Word.
Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.
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Website : http://www.calpine.com