Senior Credit Manager - Wholesale Credit

Requisition ID:  36660
Location: 

Houston, US, 77056

What You Can Expect

As a Senior Credit Manager (Senior Advisor), you will lead traditional wholesale counterparty credit functions for renewable power products, gas and Renewable Energy Certificates (RECs). Your responsibilities include annual credit reviews, contract negotiations, deal approval and negotiation of credit terms for non-standard transactions.

 

  • Conduct ongoing monitoring for a portfolio of counterparties, tracking both individual counterparties and broader industry and market conditions
  • Assess credit risk associated with Power Purchase Agreements (PPAs) and recommend risk mitigation measures
  • Construct creative credit solutions for structured transactions incorporating a quantitative and qualitative analysis
  • Evaluate and challenge computations of potential future credit exposure as prepared by the risk team
  • Collaborate with legal, commercial and risk teams to negotiate master agreements related to bi-lateral trading and structured transactions, including Power Purchase Agreements (PPAs)
  • Prepare slides for quarterly credit committee and prepare and validate month-end credit reports used for management communication and financial reporting
  • Manage assigned team member(s) and develop both personal and company growth
  • Carry out other duties as assigned

 

 

What You’ll Bring

  • Bachelor’s degree in which you completed courses in Accounting, Finance or other disciplines
  • 10 years’ professional experience required, with at least 7 years in Wholesale Energy Credit Risk Management 
  • Knowledge of Excel and other MS Office suite software
  • Knowledge of CapIQ credit scoring tool or similar
  • Familiarity with CubeLogic or similar credit monitoring system
  • Excellent communication skills, both verbal and written
  • Strict attention to detail   
  • Ability to have constructive and conscientious interactions with internal and external clients adhering to the ENGIE Values
  • Collaborate with internal teams to ensure alignment between credit decisions and business objectives
  • Communicate credit-related insights to senior management
  • Provide strategic recommendations based on market insights
  • Ability to research current credit events in the marketplace and evaluate the impacts to existing portfolio and pending transactions
  • Act as a team member with all employees of ENGIE North America  staff
  • Comply with all ENGIE North America policies and procedures

 

 

Additional Details

  • This role is eligible for our hybrid work policy 
  • Must be willing and able to comply with all ENGIE ethics and safety policies

 

 

Compensation

Salary Range: $112,000 – $172,500 USD annually

 

This represents the average expected pay range for a qualified candidate.

Actual offered salary may depend on geography, experience, industry knowledge, education, internal pay alignment, or other bona fide factors.

 

ENGIE complies with all federal, state, and local minimum wage laws. Actual salary offered may vary depending on geography, experience, education, internal pay alignment, or other bona fide factors. 

 

In addition to base pay, this position is eligible for a competitive bonus / incentive plan.

 

Your Talent Acquisition Partner can share more specific information regarding the benefits or the salary for the position based on the work location

 

At ENGIE, we take your well-being seriously. Our comprehensive benefits package includes options for medical, dental, vision, life insurance, employer-paid short-term and long-term disability insurance, ESPP, generous paid time off including wellness days, holidays and leave programs. We also help you plan for retirement by offering a 401(k) Retirement Savings Plan with a company match.  But that's not all – we're dedicated to the health and happiness of your entire family, offering supplemental benefits for full time employees that enhance emotional and physical well-being through all stages of life from family forming to caregiver benefits. Explore our benefits package to see how we can support you. Learn more.

 

 

Why ENGIE?

ENGIE North America isn’t just participating in the Zero-Carbon Transition, we’re leading it!  Join us as we develop energy that is renewable, efficient, and accessible to everyone.  

 

At ENGIE, our goal is to support, promote, and thrive on diversity, equity, and inclusion.  We do so for the benefit of our employees, customers, products and services, and community.  ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an equitable and inclusive environment for all employees.

 

We are committed to providing employees with a work environment free of discrimination and harassment.  All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.

 

If you need assistance with this application or a reasonable accommodation due to a disability, you may contact us at ENGIENA-ENGIEHR@engie.com. This email address is reserved for individuals with disabilities in need of assistance and is not a means of inquiry regarding positions or application status.

 

We value internal mobility and will offer sponsorship for this role to internal candidates only.

 

The safety of our employees is our number one priority. All employees at ENGIE have both a duty and the authority to STOP WORK if unsafe acts are observed. 

 

Business Unit:  GEMS
Division:  GEMS - BP AMERICAS
Legal Entity:  ENGIE ENERGY MARKETING NA, INC.
Contract Type:  Permanent
Job Type:  Full - Time
Professional Experience:  Skilled ( >3 experience <15 years)
Education Level:  Bachelor's Degree


Nearest Major Market: Houston