Location: Rosemead, CA
Salary: $35.00 USD Hourly - $37.00 USD Hourly
Description: Our client is currently seeking a Financial Analyst 2
Title - Financial Analyst 2
Location - Rosemead, CA
Day-to-Day Responsibilities/Workload
- Tracks exposure and collateral reports in order to manage credit risk
- Monitors expiring collateral and coordinates with banks or insurance companies to draw on collateral, when necessary
- Processes margin calls with counterparties and clearing firms. Expeditiously resolves margin disputes.
- Reviews incoming collateral instruments such as letters of credit, parental guarantees, surety bonds, escrow accounts, and cash for accuracy and processes for approval
- Coordinates with banks and others to issue letters of credit when SCE is required to post collateral
- Enters all transactions in the credit risk system to ensure accurate recording of all collateral held and posted
- Performs variance analysis of Risk Management General Ledger cash accounts for financial and audit purposes
- Represents Treasury Operations team at companywide meetings regarding policies and documents
Required Skills/Attributes
- Three or more years of experience in an analytical role.
- Bachelor's Degree or higher in Business, Accounting, Economics or related field
- Proficiency with Microsoft Suite applications such as Excel, Word and PowerPoint
- Ability to quickly learn software systems
Desired Skills/Attributes
- Experience with energy contracts, risk management related to energy procurement, or the CAISO market
- Knowledge of accounting processes and procedures
- Experience with macros and database queries
- Knowledge of Entegrate, Endur, or other commodity trading systems
- Experience with SAP or similar enterprise wide ERP system
- Strong verbal/written communication and interpersonal skills
- Ability to effectively work in a fast-paced environment
- Ability to follow Edison Safety protocols and principals
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