Credit Risk Management Analyst Sr-Principal

Credit Risk Management Analyst Sr-Principal

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Job Summary
:
Administers the company’s enterprise risk management credit policy, mostly working autonomously, including but not limited to supporting all AEP business units with complex transactions, and is responsible for determining the financial ability of AEP’s counter parties to deliver contracted products and services and meet payment obligations, negotiation of credit provisions for master agreements, and lead guaranty negotiation, execution, and maintenance to ensure best possible guaranty coverage.

• Mitigate credit risks to preserve revenues and avoid losses while facilitating business opportunities on a mostly autonomous basis and for complex transactions.

• Perform initial and/or ongoing quantitative and qualitative analysis of customers, suppliers, or counter parties to establish monetary limits, tenor limits, and internal ratings in relation to the purchase or sale of services and commodities.

• Monitor monetary limits, tenor limits, and ratings for counter parties.
• Monitor industry news to assess any relevant impact on counter parties and identify potential portfolio actions.
• Perform margining and related tasks in a proficient manner.
• Maintain data integrity within the credit risk system, including counter party, contracts, collateral, ratings, and other pertinent information.
• Judiciously manage and provide administration of collateral held or posted for counter parties, RTOs, or exchanges, including guarantees, cash, letters of credit, and surety bonds.

• Prepare credit risk reports for risk committees, executive meetings, and financial or compliance purposes.

• Negotiate credit provisions for master agreements and supporting collateral documents, such as the collateral annex, guarantees, letters of credit, netting agreements.

• Supervise, train, and assist in the coaching and development of the margin desk personnel and others and provide input for mid-year and annual performance reviews.
• Provide guidance and coaching to junior analysts with respect to decision-making, counter party reviews, and financial reporting.

• Actively participate through credit working groups to influence credit policies, optimize benefits for the Company, and inform appropriate stakeholders of pertinent developments.

• Recommend and implement strategies to improve processes and systems to assess, measure, and monitor credit risk.

• Minimum bachelor’s degree in Finance or Accounting (or associate’s degree with two years of relevant experience).
• For Grade 7, minimum five years total work experience; for Grade 8, minimum seven years.

• Minimum five years total work experience for Grade 7; seven years for Grade 8; relevant experience as noted.

• High level proficiency with Excel, PowerPoint, and database management tools/software.
• Excellent written and oral communication skills.
• Knowledge and/or experience in commercial and commodity transactions.
• Project leadership and multi-tasking skills.

Credit Risk Management Analyst Senior (Salary Grade
7): $93,000.00–$ annually

Credit Risk Management Analyst Principal (Salary Grade
8): $–$ annually

Overall compensation range: $87,633.00–$. Physical demand level:
Sedentary work.

This single vacancy is posted in a range. Education and/or relevant experience will be used to determine the appropriate salary and salary grade.

In addition to competitive compensation, AEP offers a comprehensive benefits package that aims to support and enhance the overall well-being of employees.

Equal Employment Opportunity: AEP provides equal employment opportunity in all respects of the employer‑employee relationship, including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, and more, without discrimination because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, veteran or military status, disability, genetic information, or any other basis prohibited by applicable law.