Credit Risk Associate

RWE Clean Energy, LLC,Chicago

Functional area: Finance / Controlling

Remuneration: Exempt

As a Credit Risk Associate, you will be part of the RWE Clean Energy Credit Risk Management Team. You will be responsible for assessing and recommending counterpart credit exposures.

Responsibilities

• Credit Risk Management: responsible for assessing and approving counterparty credit exposures (including payment, performance, and supplier risks)
• Portfolio Management: Responsible for a portfolio of counterparties based in the Americas (US, Canada, and LATAM) across a broad spectrum of industries, not just energy companies
• Proactively manage credit risks by taking into account liquidity topics as well
• Various but related technologies covered: Onshore and Offshore wind, PV, battery storage, distributed generation, and hydrogen as well as US trading business for optimization
• Supporting operational business: negotiate appropriate credit terms for the business being undertaken
• Prepare short, succinct credit reports including Risk/Reward decisions

Qualifications

• Ability to provide analysis for corporate and financial institutions from a credit risk, balance sheet, and cash flow perspective

• Working knowledgeof different contracts e.g. ISDA, PPA's, REC, and the credit terms within those contracts
• University degree or equivalent in business administration, finance or economics
• Excellent self-motivation, independent and reliable working approach
• High level of social competence and ability to handle conflicts
• Business fluent English language skills a must. German language an advantage
• Minimum 3 years experience required or more in counterparty credit management within the energy, utilities, or banking sectors

Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays. Eligible employees also participate in short-term incentives, in addition to salary.

RWE is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

For 125 years RWE has been the source of energy for millions of people across the globe. Now we're making all that energy green. This decade alone we're investing 50bn into renewables and will be carbon neutral by 2040 - ten years earlier than most other global targets. This is a chance to play a key role on our journey.

Join our renewables specialists, working across the clean energy spectrum to grow our operations to 50 GW by 2030 - with some of the world's largest on and offshore wind farms and industry-leading hydrogen initiatives. We're also considered innovators in solar development including floating photovoltaics and agri-photovoltaics. Or add your expertise to our supply and trading operations, brokering renewable electricity, green gas, commodities, and CO2 emission allowances from one of our advanced energy trading floors.

We look forward to meeting you! Apply today.ad code81664

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