Credit Risk Analyst Position Available In Palm Beach, Florida

Credit Risk Analyst Abacus Service Corporation Juno Beach, FL Position Summary:

Job Title:

Credit Risk Analyst Location:

Juno Beach

FL 33408

Duration:

08 months contract

Job Description:

Evaluate exposure daily to ensure collateral requirements are met, which could include performing daily margining, negotiation, database updates and accurate recording of updates. Manage outbound collateral, including guarantees, letters of credit, cash, and surety bonds by working with Treasury, banks, insurance providers and legal. Assist front office personnel in collateral coverage at ISOs for market participation or bid assurance for auctions, including daily reporting of utilization, collateral issuances and adjustments as needed and annual filings of the

FERC 741

forms. Help with applicable credit and liquidity risk assessments including impacts on SOX controls and reporting. Assist in gathering and analyzing credit and liquidity metrics and reporting to senior management. Partner with Credit Underwriting to review contracts (e.g., ISDA, NAESB, EEI or long forms) for credit terms and ensure credit limits are appropriate for the portfolio . As needed, work with IT to provide guidance on required enhancements to system functionality, assist in testing system functionality, prioritization of tasks, and ensure projects are delivered on time to adhere to compliance deadlines. This may include doing deep dives into Power BI report building, SQL and Power Automate. Significant involvement in month-, quarter-, and year-end closing processes.

Job Type:

Contract Pay:

$40.00 – $45.00 per hour

Schedule:

8 hour shift Day shift Monday to

Friday Experience:

Credit analysis: 3 years (Required) Risk analysis: 3 years (Required)

Borrower:

1 year (Required)

Collateral:

1 year (Required)

Work Location:

In person