Credit Risk Manager

Location: 

Houston, Texas, US, 77002

Job ID#:  879
Job Category:  Accounting / Finance
Position Type:  Regular FT

JERA Americas Inc. is part of a global energy company, supporting the transition to a cleaner, more sustainable world while fulfilling our responsibility to provide a safe and stable supply of reliable and affordable energy. The Company is a subsidiary of Tokyo-based JERA, which stands for Japan's Energy for a New Era. JERA has committed to achieving net zero CO2 emissions from its businesses by 2050 and is contributing to the development of a sustainable society.

JERA Americas seeks to continue its rapid expansion into renewable energy markets focusing on wind, solar, and cutting-edge technologies for hydrogen production and transportation. To meet the challenges of a fast-growing company, we are searching for talented individuals who thrive in a fast-paced environment and want to be part of the equation to provide energy for a new era.

Summary

To manage various portfolios (IPP, LNG, Renewables) within Credit Risk Management for JERA Americas Inc. on a day to day basis. 

Position Description

Essential Functions

 

  • Act as the main interface with various commercial teams (IPP, LNG, Renewable) for transaction structuring and approval regarding credit parameters.  Perform timely trading exception review and/or sign-off in response to various commercial teams. 
  • Responsible for negotiating the credit terms in industry standard Master Trading Agreements (ISDAs, NAESBs, EEIs) and non-standard one-off agreements.  Train and develop credit analyst with respect to credit parameters within industry standard Master Trading Agreements. 
  • Ability to understand various commodity types and their inherent risks in order to mitigate potential exposure and reduce risks according to the JERA Americas Credit Policy.
  • Responsible for analyzing and interpreting Financial Statements for the purpose of establishing, maintaining, or denying credit.  Both a qualitative and quantitative assessment needs to be performed and demonstrated in a thorough written credit review. 
  • Responsible for the authorized tenors and credit lines for the wholesale portfolio.
  • Continually review, monitor and report counterparties creditworthiness and credit exposure and implement necessary collateral enhancements to mitigate credit risks. 
  • Manage any required credit support (guaranties, letters of credit or cash) outgoing or incoming between counterparties.
  • Interpret and report various counterparty stress scenarios to senior management. 
  • Ability to maintain abreast of current industry news and events.  Ability to research current credit events in the marketplace.
  • Ability to work well with others, inside and outside of JERA Americas Inc.  Timely response to internal and external credit risk enquiries.
  • Acts as a team member with all employees of JERA Americas Inc. staff.
  • Complies with all JERA Americas Inc. policies and procedures.

Position Description Continued

Qualifications

Education /Experience

 

  • Four year Accounting or Finance degree is required.
  • Ten years wholesale Energy Credit Risk Management experience required with master trading agreement negotiation required.
  • Expertise of Excel, Word and Powerpoint software.
  • Mastered financial modeling skills.
  • Excellent communication skills, both verbal and written.
  • Strict attention to detail.
  • Confidence, initiative, strong analytical skill and work ethic are required. 
  • Highly motivated, self-sufficient and enthusiastic individual who has strong desire to grow within Credit and the Company.

Qualifications Continued

AP/EEO Statement

JERA Americas Inc. provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Further, the company takes affirmative action to ensure that applicants are employed, and employees are treated during employment without regard to any of these characteristics.


Nearest Major Market: Houston