Sr. (Lead) Collateral Analyst (II)

ing collateral returns.

Essential Functions:

• Provide answers to member and applicant inquiries around collateral and credit requirements

• Review all collateral for Market Participants and ensure compliance to all procedures and policies

• Evaluate all collateral information and perform verification that the collateral type provided meets Tariff eligibility requirements

• Issue collateral calls as needed

• Review and process collateral returns

• Assist in the review and processing of new Market Participant credit applications

• Analyze all collateral and provide detailed trending reports on Market Participants who require active monitoring/reach out

• Engage with Market Participants to collect all credit/collateral required compliance documents

• Review all collateral type policy exceptions and/or material issues and inform Credit team

• Coordinate with Treasury and Credit management regarding any disputes over collateral type or issues

• Identify and help resolve all collateral allocation issues and escalate to senior management

• Evaluate collateral on a daily basis, and reach out to Market Participants to ensure compliance with policies and procedures

• Collaborate with colleagues in Client & Member Service, Credit Risk, Markets, Planning and Legal to notify them of any collateral requirement default

• Collaborate with Treasury regarding cash issues related to collateral

• Serve as a subject matter expert for PJM's in-house credit and collateral management application, acting as a primary liaison with PJM IT to support system maintenance and drive future enhancements

• Draft and maintain collateral procedures and internal process documents

• Draft and recommend modifications to collateral policies, procedures and systems

• Prepare analyses and reports on various member and non-member credit related collateral issues as needed, such as member activity and exposure, collateral, trends, problem participant data, credit policy change impacts, etc.

Characteristics & Qualifications:

Required:

• Bachelor's Degree

• At least 5 years of experience working in the Energy or Financial industry, or in a role that had exposure to those industries

• Ability to produce high-quality work products with attention to detail

• Ability to communicate effectively in a team environment

• Experience in quantitative and qualitative analysis

• Experience using verbal and written communications skills

• Ability to use Microsoft Office Suite (MS-Word, MS-Excel and MS-PowerPoint)

Preferred:

• Bachelor's Degree in Finance, Accounting, or Business
• At least 5 years of experience working in a credit/collateral specific role within the Energy industry
• Experience with PJM operations, markets, and planning functions
• Experience supporting any of PJM Committees
• Experience with PJM Agreements and Tariffs