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Lead Risk Analyst, Credit
- Vistra (Irving, TX)
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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.
Job Summary
Lead member of the Risk Group, focused on wholesale credit risk including the assessment of the creditworthiness of new and existing counterparties, determining appropriate credit treatments based on these assessments, and assuring consistent application of existing credit policies, all with the goal of supporting commercial transactions, minimizing collateral costs and minimizing credit losses. Responsibilities include interface with cross-functional teams including Commercial, Legal, and Finance as well as external counterparties.
Job Description
Key Accountabilities
•Execute day-to-day credit analyses for existing and prospective counterparties; recommend credit limits or collateral under the review of the Director of Credit Risk.
•Review, analyze, and summarize counterparty financial statements.
•Maintain daily exposure calculations and respond to routine margin calls; escalate complex exceptions to Director.
•Support bilateral credit negotiations by providing analysis and draft terms; participate in discussions under senior guidance.
•Prepare weekly exposure and collateral reports.
•Administer ISO/Exchange margining processes and ensure simple collateral postings are completed accurately; coordinate with Commercial and Legal on routine matters.
•Provide training & support to team members and peers.
•Identify emerging risks for development or M&A projects; provide preliminary assessments for review by the Director of Credit Risk.
•Ensure compliance with established credit policies and controls; promptly escalate exceptions.
•Collaborate primarily with Commercial, Legal, and Finance teams.
Education, Experience & Skill Requirements
•Experienced gained through college degree programs and/or certifications in business, economics, or other related discipline
•3-5 years of trading or risk management experience
•Computer programming skills in SAS, VB, VBA, C++, SQL is a plus
•Advanced computer skills particularly Microsoft suit of products (Excel, Word, etc.)
Key Metrics
•Team member growth and development
•Collateral efficiency
•High level of communication skills, both verbal and written
•Internal value-added (legal and commercial key stakeholders)
•Adherence to all controls
\#LI-Hybrid
\#LI-ND1
Job Family
Risk Management
Company
Vistra Corporate Services Company
Locations
Irving, Texas
Texas
_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 us** **at [email protected] to** **make a request.
Vistra (NYSE: VST) is a leading Fortune 500 integrated retail electricity and power generation company based in Irving, Texas, that provides essential power resources to customers, businesses, and communities from California to Maine.
Vistra is the largest competitive power generator in the U.S., with a capacity of approximately 41,000 megawatts, or enough to power 20 million homes, operating in all of the major competitive wholesale markets in the country. Vistra is a leader in the energy transformation and expansion with an unyielding focus on reliability, affordability, and sustainability, powered by a diverse portfolio that includes natural gas, nuclear, coal, solar, and battery energy storage facilities. The company continues to grow its zero-carbon resources, operating the second-largest fleet of competitive nuclear power plants in the country, substantial battery energy storage capacity, and a growing number of solar facilities.
Vistra is one of the largest competitive electricity providers in the country and takes an innovative, customer-centric approach to retail, offering solutions to meet customers’ needs, including more than 50 renewable energy plans. Through its family of retail brands, Vistra serves approximately 5 million residential, commercial, and industrial retail customers.
As a leader in the responsible transformation of the country’s energy supply, Vistra has made significant progress towards its 2030 and 2050 targets. The company has committed to a 60% reduction of Scope 1 and 2 greenhouse gas emissions by 2030, as compared to our 2010 baseline, and net-zero carbon emissions by 2050, assuming necessary technological advancements and public policy incentives are achieved. Learn more about our environmental, social, and governance efforts and read the company’s sustainability report at https://vistracorp.com/sustainability/ .
Vistra’s hardworking team is committed to its purpose, “lighting up lives, powering a better way forward” and is guided by four core principles: we do business the right way, we work as a team, we compete to win, and we care about our stakeholders, including our customers, our communities where we work and live, our employees, and our investors. Learn more about how Vistra is powering a better way forward at vistracorp.com (https://c212.net/c/link/?t=0&l=en&o=3967404-1&h=3533293724&u=https%3A%2F%2Fwww.vistracorp.com%2F&a=https%3A%2F%2Fwww.vistracorp.com) .
Come join us and be part of something special! Click here to learn more about Vistra.
_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 us at [email protected] to make a request.
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