MW Partners is currently seeking a Financial Analyst to work for our client who is a wellknown leading utilities company.
Responsibilities and duties:
- Tracks exposure and collateral reports in order to manage credit risk
- Monitors expiring collateral and coordinates with banks or insurance companies to draw on collateral when necessary
- Processes margin calls with counterparties and clearing firms. Expeditiously resolves margin disputes.
- Reviews incoming collateral instruments such as letters of credit parental guarantees surety bonds escrow accounts and cash for accuracy and processes for approval
- Coordinates with banks and others to issue letters of credit when SCE is required to post collateral
- Enters all transactions in the credit risk system to ensure accurate recording of all collateral held and posted
- Performs variance analysis of Risk Management General Ledger cash accounts for financial and audit purposes
- Represents Treasury Operations team at companywide meetings regarding policies and documents
Requirements:
- C. Bachelors Degree
- Three or more years of experience in an analytical role.
- Bachelors Degree or higher in Business Accounting Economics or related field
- Proficiency with Microsoft Suite applications such as Excel Word and PowerPoint
- Ability to quickly learn software systems
Desired Skills:
- Experience with energy contracts risk management related to energy procurement or the CAISO market
- Knowledge of accounting processes and procedures
- Experience with macros and database queries
- Knowledge of Entegrate Endur or other commodity trading systems
- Experience with SAP or similar enterprise wide ERP system
- Strong verbal/written communication and interpersonal skills
- Ability to effectively work in a fastpaced environment
- Ability to follow Edison Safety protocols and principals
For a confidential discussion or to find out more contact Rucha Swain onor apply now.