Credit Analyst

Job Description

We've been proudly Aussie since 1837, always finding new ways to innovate in energy and essential services. Now, we're moving towards a sustainable future through electrification and investing in renewable energy-and we'd like you to join us. Whether you're on-site, in the office, or somewhere in between, you'll find opportunities to grow your career here. You'll work with a team that's passionate about powering Australian lives, in a culture that values inclusivity, respect, and learning. Help us create a cleaner energy future, and we'll back you every step of the way as you build your career.

About the role

The Energy Markets and Treasury Risk Team ('EMTR') is primarily responsible for implementing risk management and control processes to act as an effective second line of defence to manage risk from Energy Markets and Treasury's activities. As a Credit Analyst within the EMTR Team, you will be responsible for assessing and monitoring counterparty credit risk across a portfolio of transactions, with multiple counterparties, applying strong analytical judgement and quantitative insight to inform risk decision, and delivering timely and accurate credit evaluations, ensuring compliance with internal risk frameworks.

What You'll Be Doing

Counterparty Credit Risk Management

• Analyse financial statements, market data, and trading exposures to identify key risk drivers, sensitivities, and forward looing credit risks to determine a comprehensive financial analysis of the counterparty, focusing on key metrics to assess creditworthiness.
• Conduct credit assessments and determine appropriate counterparty limits using approved methodologies.
• Recommend appropriate credit support arrangements (e.g., collateral, guarantees) and contractual mitigants based on risk assessments.
• Design and run stress tests for counterparty exposures to support limit setting, credit support decisions and risk escalation by applying market shocks (e.g., forward curve shifts) and assessing impacts on exposure, limits, and credit support requirements.
• Conduct ongoing monitoring of counterparty risks, counterparty credit exposures and provide risk insights.
• Utilise and enhance systems such as Bloomberg or Lacima for monitoring and reporting.
• Prepare risk reports for senior stakeholders, translating complex analysis into clear insights and implications for commercial decision-making.
• Develop, implement and maintain appropriate risk analysis tools that support the Credit Risk function
• Manage multiple credit reviews and tasks concurrently, ensuring deadlines are met with precision.
• Maintain high attention to detail in documentation, analysis, and reporting.

Process Improvement

• Support development and maintain advanced credit risk reporting frameworks including Potential Future Exposure ("PFE") metrics.
• Uplift initiatives for existing credit risk processes and procedures to align with industry best practice, considering tech-enabled solutions.
• Support valuation modelling for long-term structured contracts and procurement deals.
• Contribute to risk transformation initiatives and model governance reviews, working closely with Financial Risk to ensure alignment of credit, market risk and valuation assumptions.

What You'll Bring

• Hold a tertiary qualification in Business discipline such as Finance, Economics, or Accounting.
• 2-5 years experience in credit risk analysis, preferably within the wholesale energy industry.
• Strong understanding of derivative and environmental products and associated counterparty risks.
• Ability to work independently and handle competing priorities in a fast-paced setting.
• Ability to collaborate with key internal and external stakeholders to support effective credit risk outcomes, including Trading, Treasury, Legal, and Risk teams.
• Strong quantitative skills across financial modelling, risk metrics, and reporting tools to build repeatable analytics and improve reporting efficiency.
• Good presentation, stakeholder engagement and communication skills.
• Familiarity with Moodys or S&P credit rating methodologies will be well valued.
• Understanding of ISDA frameworks will be well valued.
• Previous experience with Potential Future Exposure (PFE) or Lacima will be well valued.
• Professional certifications in risk management or financial analysis (e.g., CFA, FRM) will be well valued.

We'd love to see your application by: Monday 13 April 2025.

At AGL, we offer a wide range of benefits including:

• Flexible working options including hybrid work.
• Discounts on energy, telcos and solar plans.
• Participate in Energise - our reward & recognition program.
• Play an active role in our diversity & inclusion initiatives.
• Novated leasing and Electric Vehicle subscriptions.
• Access to study assistance, AGL's share purchase plan and insurance deals.

• Benefits may change over time and vary based on location.

Inclusion at AGL

At AGL, we value diversity and welcome applicants from various backgrounds, including Aboriginal and/or Torres Strait Islander peoples, individuals with disabilities, culturally diverse individuals, and members of the LGBTQ+ community. AGL is dedicated to maintaining a diverse workforce and encourages applicants to share their lived experiences.
We offer reasonable adjustments throughout the recruitment process and respect the privacy of those who choose not to disclose. To learn more visit: www.agl.com.au/careers

AGL is proud to be a WORK180 Endorsed Employer for All Women.

Our pre-employment screening process includes a Nationally Coordinated Criminal History Check and a medical assessment if necessary.

The information provided as part of your application to AGL will be managed in accordance with the AGL Privacy Policy.

AGL does not accept agency submissions unless approval has been granted by a member of the Talent Acquisition team. Candidates submitted by an agency without approval will not be considered by AGL.