(Sr.) Manager, Collateral Management

the day-to-day activities and longer-term projects, to ensure that both PJM and its members remain in compliance with the Tariff at all times.**

• Develop collateral Management framework, including but not limited to policy, standards, procedures, reporting and risk appetite of PJM.

• Manage all tariff requirements related to collateral management and write revisions to the Tariff to represent proposed policy changes.

• Prepare supporting materials for FERC filings and contribute to FERC filings as needed, including writing and editing of transmittal letters and supporting documents as it related to collateral management.

• Lead, be the primary contact and serve as the subject matter expert, both internal and external.

• Ensure accurate and timely review of collateral documentation and reporting

• Maintain understanding of the relationships between credit and PJM's markets, in order to recommend effective policies that will balance market needs with collateral protection

• Serve as the business owner of collateral management reporting and monitoring

• Coordinate with legal and compliance teams to address complex regulatory issues.

• Create and maintain a working credit system that will calculate member credit, track member activity and highlight when collateral calls are required of members.

• Perform ad-hoc analyzes, special projects, and additional duties/responsibilities as required.

• On an ad hoc basis, present credit status to stakeholders, Risk and Audit Committee

• Effectively manage the stakeholder process to guide changes through to approval.

• Collaborate with key internal partners to enhance processes, communications and controls.

• identify opportunities to optimize collateral usage and minimize credit risk exposure.

Characteristics & Qualifications:
Required:

• Bachelor's Degree in Business Administration, Finance or equivalent work experience

• At least 7 years of work experience

• 10+ years of leadership experience in a managerial/supervisory role

Preferred:

• Master's Degree in Business Administration or Finance
• 5-10 years of leadership experience in a managerial/supervisory role.
• Ability and desire to build relationships and interact with a wide range of stakeholders and staff to maintain and enhance PJM's customer service reputation
• Experience with PJM operations, markets, and planning functions
• Proven record of effective leadership, including ability to balance team and individual responsibilities
• Excellent analytical skills and understanding of risk/collateral management