Senior Analyst – Margining & Credit Risk

Overview

Manage daily collateral and margining operations to mitigate credit risk.

Key Responsibilities

• tool development
• margin reconciliation
• intra‑day margining
• collateral calculation
• credit management
• participant suspension

Tasks

-Serve as the primary point of contact for all collateral-related inquiries. -Calculate and evaluate daily collateral requirements for market participants. -Manage Letters of Credit, Surety Bonds, and cash deposits to meet credit coverage needs. -Execute participant suspension and cure procedures as needed. -Collaborate on the development of tools, systems, and enhancements for collateral management. -Reconcile margin data and resolve discrepancies or disputes with market participants. -Administer intra-day margining for Real-Time, Day-Ahead, FTR, and Forward Capacity Markets.

Requirements

• 5+ years
• bachelor’s degree
• energy markets
• time management
• collateral tools
• margining

What You Bring

-5+ years of experience in financial risk, credit analysis, or collateral operations -Bachelor’s degree in Business, Finance, Economics, or a related field -Understanding of ISO/RTO energy markets and the role of a central clearing counterparty -Ability to manage time-sensitive tasks with precision in a high-stakes environment -Proficiency in managing collateral tools, including Letters of Credit and Surety Bonds -Strong familiarity with margining practices and financial instruments (e.g., OTC derivatives, futures, cleared swaps)

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Benefits

-Base salary plus performance bonus program, professional development and tuition reimbursement, enhanced 401k and financial planning, wellness programs with onsite gym, onsite café with free coffee, flexible work hours, access to business networks & more, all in a stable and supportive work environment! -Relocation Assistance -Hybrid work schedule with 2 days/week onsite.

About Iso New England Inc.

-Born in 1997 from the New England Power Pool, the company was created to bring competition and reliability to a fragmented electric market. -As a non‑profit ISO/RTO, it oversees minute‑by‑minute dispatch of around 32 GW of generation and 9,000 miles of transmission across six states. -It operates competitive wholesale electricity markets, with about $6 billion in annual transactions and multi‑year capacity auctions. -The organization plans a decade ahead, running detailed power system studies to ensure generation, transmission, and imports meet future demand. -Typical projects include capacity markets, grid planning analyses, and managing the integration of clean energy and imports from Canada. -A standout fact: it balances natural gas, nuclear, renewables, and import power every minute to serve some 15 million customers. -Its financials show revenues over $116 million and expenses around $105 million, covering core operations, reliability, and scheduling services.

Sector Specialisms

Visa Sponsorship

-no visa sponsorship will be provided for this position.

Security Clearance

-pre-employment substance abuse testing will be performed.