** This position can be filled as an Analyst I, II, III, Sr, or Sr. Staff depending on qualifications and experience.
Provide analytical support for the mid-office function for the regulated
subsidiaries of Entergy, an integrated electric utility company. Those duties
will include the identification, quantification and communication of market
and credit risk associated with fuel, purchased power and RTO-related
transactions of the regulated utility.
Analyze positions and projects from a market risk perspective by raising and
reporting issues to be addressed by the business unit. Projects and positions
are based on the regulated generation portfolio.
Track market prices and volatilities. Provide independent review of market
assessments. Interface with credit risk management to support mark-to-market
valuation and to address any collateral requirements.
Provide and/or support reporting requirements for public disclosure and
Implement, administer and report on portfolio risk metrics, including but not
limited to Value-at-Risk (VaR).
Support business unit in implementing and supporting third-party risk
management system to support regulated generation portfolio and RTO-related
Stay abreast of potential changes in law that could impact market risk
Serve as Subject Matter Expert in regulated market and/or credit risk issues
for regulated Corporate Risk Committee. In addition, review full proposal
documents from general business or operational risk perspectives to enhance
Assist in defining credit terms, exposure calculations and collateral
rationale for wholesale energy transactions. This effort involves
considerable coordination with commercial and corporate staff.
Initiate and respond to collateral calls.
Work with legal to negotiate master agreements with counterparties and
negotiate credit terms for new contracts.
Analyze credit ratings and review credit thresholds for counterparties.
Provide oversight of Approved Counterparty Lists.
Document risk management practices for Sarbanes-Oxley, business continuity,
and other internal needs.
Work with business unit to ensure compliance with the Corporate Risk Control
Please submit a detailed resume in your application
Final title and salary offer will be based on the experiences and
qualifications of the preferred candidate.
The candidate must have a Bachelor's degree (Finance, Accounting, and
Engineering is desirable).
The ideal candidate will have solid analytical skills, will be a self-starter,
and will exhibit a commitment to the quality of his/her work. This person
should have strong analytical skills, excellent spreadsheet skills, should be
a good communicator (both verbal and written), and should thrive in an open
and collaborative environment.
Other desirable skills and experience include direct market and credit risk
management experience in regulated and/or unregulated wholesale energy
Years of Experience:
Analyst I: 0-2 years professional experience
Analyst II: 2-4 years professional experience
Analyst III: 4-6 years professional experience
Sr. Analyst: 6+years professional experience
Sr. Staff Analyst: 8+years professional experience
As a provider of essential services, Entergy expects its employees to be
available to work additional hours, to work in alternate locations, and/or to
perform additional duties in connection with storms, outages, emergencies, or
other situations as deemed necessary by the company.
Exempt employees may not be paid overtime associated with such duties.
Number of Openings
Relocation is APPROVED in accordance with the Entergy guidelines.
Job Closure Date
For consideration, please submit a detailed resume to www.entergy.com/careers
by the closing date or earlier as closing dates may change based on the volume
The requisition is scheduled to close on 06/30/2013; however please note that
this job may close earlier depending on volume."
How To Apply
For consideration, all applications must be submitted online via
www.entergy.com/careers and received by the job posting closing date.
Equal Employment Opportunity
Entergy is an Equal Opportunity Employer that promotes the development of all
employees and encourages each individual to achieve as much success as their
talents and initiative will allow.
Entergy Corporation - 13 months ago