29 Aug
|
Algonquin Power & Utilities
|
Winnipeg
29 Aug
Algonquin Power & Utilities
Winnipeg
Analyst III, Counterparty Credit RiskThe Senior Credit Analyst supports Algonquin Power & Utilities Corp.’s and its Subsidiaries Treasury function by conducting advanced credit risk assessments, monitoring and reporting counterparty exposure, and ensuring compliance with internal credit policies and governance framework. The role provides analytical insights on counterparties to support financing activities, commodity trading, capital markets transactions, and vendor/customer credit decisions. This role provides subject matter expertise, supports risk governance and decision making, and contributes to the ongoing development of counterparty credit risk frameworks, limits, and controls. This position enhances the company’s financial risk management framework by evaluating creditworthiness, recommending, reporting and monitoring credit limits, and supporting treasury operations with high‑quality analysis and reporting.AccountabilitiesPerform detailed credit analysis of counterparties using financial statements, ratios, cash‑flow analysis, and qualitative risk factors.Assign and recommend internal risk ratings and exposure limits in accordance with approved credit risk policies.Conduct ongoing surveillance of counterparty portfolios and identify emerging risks, trends, or limit exceptions.Assess credit risk associated with new counterparties, products, transactions, and business initiatives.Prepare clear, concise credit risk reports and presentations for senior management and risk or credit committees.Track, document, and support governance actions, including limit approvals, exceptions,
and remediation plans.Support internal and external audits and regulatory reviews related to counterparty credit risk.Lead exposure monitoring and reporting, collateral management, and compliance with credit policies.Support capital planning and procurement activities by assessing counterparty strength.Communicate credit findings to internal teams (Treasury, Finance, Procurement, Energy Trading, Legal, Risk and Audit) to resolve credit issues, limit excesses or structural mitigants.Collaborate with external partners such as rating agencies, banks, and counterparties, as required.Influence decision‑making through clear, data‑driven recommendations.Partner with business teams on onboarding new counterparties and reviewing changes to existing relationships.Develop, maintain and distribute supplement to any Credit Application form that Algonquin and Subsidiaries may need to complete to obtain counterparty credit, and assist key stakeholders as required in any workstream where Algonquin and Subsidiaries is applying for Credit from a Third Party.Contribute to the development and enhancement of counterparty Credit Risk Policy, processes, methodologies,
and monitoring tools.Support implementation of new systems or enhancements to credit monitoring frameworks.Leverage use of A.I. tools in uploading any required data into Algonquin and Subsidiary Credit Assessment tools to ensure a more efficient process.Education and ExperienceUniversity Degree or equivalent.Excellent financial statement analysis and credit assessment skills.Strong experience with credit assessment methodologies.Familiarity with utility, energy, or infrastructure sectors an asset.Proficiency with Excel, financial modeling, and treasury systems.CPA or progress toward designation considered an asset.Compensation DataFull base salary range $90,000.00- $120,000.00 per year. Liberty considers several factors when extending an offer, including but not limited to the role and responsibilities, a candidate's work experience, education, training and skills, and geographic location.BenefitsCollaborative environment with a genuine adaptable working policy.Share purchase/match plan.Leadership Development Program.Volunteer paid days off.Employee Assistance Program.Achievement fund.Variety of Health & Wellness programs.Discount and Perks program.Equal Opportunity StatementWe are an equal opportunity employer and value each person's unique background, diversity, experiences, perspectives and talents. Full participation of all employees in a safe, healthy and respectful environment is key to individual and company success. We are committed to fully utilizing the abilities of all our employees and expect each of our employees to honour this commitment in their daily responsibilities.#J-18808-Ljbffr
📌 Analyst Iii, Counterparty Credit Risk - $90,000 - $120,000 A Year (Winnipeg)
🏢 Algonquin Power & Utilities
📍 Winnipeg