Senior Credit Analyst

Talen Energy is one of the largest competitive energy and power generation companies in North America, operating diverse‑fuel power plants and serving wholesale and retail customers in attractive markets. The company promotes an inclusive, diverse, respectful, and collaborative workplace with a strong commitment to innovation, teamwork, and integrity.

About the role

The Senior Credit Analyst will monitor and manage the company’s liquidity and counter‑party risk, assess potential future exposures and collateral requirements, negotiate credit support agreements, and collaborate across the organization to identify and mitigate risks in line with Talen Energy’s risk policy. The analyst will also help improve credit processes and policies.

Responsibilities

• Manage daily credit exposure and prepare risk reports for stakeholders and management.
• Conduct credit‑worthiness assessments based on real‑time developments and market‑condition changes for existing and new counterparties.
• Provide recommendations on controls and appropriate limit setting.
• Manage collateral for bilateral and cleared transactions, interacting with FCMs, traders, and management.
• Model credit metrics, including Potential Future Exposure (PFE), to support risk analyses across the portfolio and at the counter‑party level.
• Oversee ISO protocols from a credit perspective, including reporting and collateral requirements.
• Negotiate and track all company guarantees.
• Maintain all credit‑related data within the ETRM system.
• Independently review credit terms and credit‑support documents across business lines; experience with lien‑based agreements (ISDAs, NAESB, ICA, PPA, etc.) preferred.
• Perform ad‑hoc modeling, reporting, and analysis as needed.

Qualifications

• Bachelor’s degree in accounting, finance, or a related business discipline (Master’s degree a plus).
• Deep understanding of financial statements.
• 8+ years of credit experience in commodities; power‑industry experience is ideal.
• Prior experience managing exchange exposures preferred.
• Proactive, able to work independently with high attention to detail.

Skills

• Strong Excel, SQL, and MicroStrategy proficiency.
• Excellent written and verbal communication skills.
• Exceptional organizational abilities—prioritizing, meeting multiple deadlines, and adapting in a fast‑paced environment.
• Strong interpersonal skills and ability to thrive in a multicultural setting.
• Ability to perform the listed responsibilities and additional finance‑related activities as required.

Benefits

• Comprehensive health, dental, vision, and prescription coverage.
• Life insurance and disability insurance.
• Participation in Talen Energy’s 401(k) retirement plan.
• Competitive vacation and sick leave.