Vistra Corp.

Credit Risk Analyst

Vistra Corp.  •  United States (Hybrid)  •  15 days ago
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Job Description

If you have what it takes to become part of the Vistra family and would like to start a promising career with a global leader, take a look at the exciting employment opportunities that are currently available and apply online.

This position provides support to the Credit Risk organization and is responsible for a number of daily and monthly deliverables. The Credit Risk department is responsible for the management of all aspects of the credit risk mitigation effort including researching and analyzing new and existing counterparties to determine appropriate levels of exposure, managing collateral requirements, negotiating and structuring of contracts and credit support arrangements, and monitoring and reporting of credit exposures and events.

Key Accountabilities

Manage dynamic credit requirements associated with Exchange Counterparties, including, but not limited to, forecast and analysis of collateral requirementsPerform daily bilateral margining activities, including reporting, dispute resolution and maintaining counterparty relationshipsCommunicate with internal and external clients regarding margining, valuation disputes and collateral postings, as well as respond to credit risk queries in a timely manner.Monitor and maintain collateral postings, including cash, letters of credit negotiation, Guarantee renewals and lockbox cash disbursements.Perform reporting of business activities and ad hoc assessment of credit system issues/enhancements.Perform daily, monthly and quarterly reporting of business results and operational activities and ad hoc assessment of credit system issues/enhancements

Education, Experience, & Skill Requirements

Undergraduate degree in finance, accounting, economics, engineering or related quantitative discipline.Experience with commercial credit risk, especially as it pertains to the energy sector, is a plus.Experience with Allegro ETRM a plus.Working knowledge of Visual Basic, C++, SQL, SAS and/or other relevant programming language a plus.Proficiency in Microsoft Office products (Excel, Word, Access and Power Point).

Key Metrics

Margin call (sending and receiving) timeliness and accuracyTrading exception timeliness and accuracyCredit risk completeness and accuracySOX and Operational controls complianceThoroughness of counterparty reviews

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Job Family

Risk Management

Company

Vistra Corporate Services Company

Locations

Irving, TexasTexas

We are a company of people committed to: Exceeding Customer Expectations, Great People, Teamwork, Competitive Spirit and Effective Communication. If this describes you, then apply today!

If you currently work for Vistra or its subsidiaries, please apply via the internal career site.

It is the policy of the Company to comply with all employment laws and to afford equal employment opportunity to individuals in all aspects of employment, including in selection for job opportunities, without regard to race, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, age, disability, genetic information, military service, protected veteran status, or any other consideration protected by federal, state or local laws.

If you are an individual with a disability and need assistance submitting an application or would like to request an accommodation, please email usat assistance@vistraenergy.com tomake a request.

Vistra Corp.

About Vistra Corp.

Vistra (NYSE: VST) is a leading Fortune 500 integrated retail electricity and power generation company, based in Irving, Texas, that provides essential resources to customers, businesses, and communities from California to Maine. Vistra is a leader in transforming the energy landscape with an unyielding focus on reliability, affordability, and sustainability. The company safely operates a reliable, efficient, power generation fleet of natural gas, nuclear, coal, solar, and battery energy storage facilities while taking an innovative, customer-centric approach to its retail business. Learn more at vistracorp.com.

Industry
Energy & Utilities
Company Size
1,001-5,000 employees
Headquarters
Irving, TX
Year Founded
1882
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