Senior Credit Analyst

Join the change. Electrify your future

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.

Join the change. Electrify your future.

About the role

The Treasury & Trading Risk (TTR) team is primarily responsible for implementing risk management and control processes to act as an effective second line of defense to manage risk as well as providing back-office services for AGL's wholesale Trading and Treasury activities. The Risk & Governance team is a critical part of TTR and is responsible for managing and advising wholesale Trading and Treasury on policy and compliance associated with derivative and environmental trading, as well as other large transactions associated with AGL's renewable transition strategy. The team has a range of responsibilities, primarily managing the wholesale energy transactions that AGL has traded and conducting independent monitoring of the risks in the portfolio, this includes credit risk assessment and reporting, counterparty onboarding and ISDA negotiations.

As a Senior Credit Analyst within the Risk & Governance team, you will be responsible for providing credit risk analysis and strategic input. This role is designed for an experienced professional who can uplift credit risk capabilities and enhance reporting frameworks while ensuring prudent credit risk management aligns with the organisation's risk appetite.

What you'll be doing

• Analyse financial statements, market data, and trading exposures to determine a comprehensive financial analysis of the counterparty, focusing on key metrics to assess creditworthiness.
• Monitor market developments and counterparty credit risk to proactively manage emerging risks and provide insights.
• Recommend appropriate credit support arrangements (e.g., collateral, guarantees) and contractual mitigants based on risk assessments.
• Develop and implement advanced credit risk reporting frameworks, including Potential Future Exposure ("PFE") metrics, to support decision-making.
• Identify opportunities to uplift existing credit risk processes and methodologies and drive continuous improvement initiatives, ensuring alignment with industry best practice and considering tech-enabled solutions.
• Support valuation modelling for long-term structured contracts and procurement deals.
• Utilise and enhance systems such as Bloomberg or Lacima for monitoring and reporting.
• Collaborate with trading, legal, and risk teams to structure transactions within approved credit limits.
• Prepare and present credit memos and risk reports to senior stakeholders.
• Manage multiple credit reviews and tasks concurrently, ensuring deadlines are met with precision.
• Contribute to the development of credit risk policies, procedures, and governance documentation.
• Maintain high attention to detail in documentation, analysis, and reporting.
• Support the negotiation of International Swaps and Derivatives Association (ISDA) Master Agreements on behalf of Trading and Treasury business units.

What you'll bring

• Tertiary qualification in Business discipline such as Finance, Economics, or Accounting
• Minimum 5 years' experience in credit risk analysis, preferably within the wholesale energy industry
• Professional certifications in risk management or financial analysis (e.g., CFA, FRM) will be well valued
• Strong understanding of derivative and environmental products and associated counterparty risks
• Proficiency in financial modelling, risk metrics, and reporting tools
• Previous experience with Potential Future Exposure (PFE) or Lacima will be well valued
• Understanding of ISDA frameworks will be well valued
• Good presentation, stakeholder engagement and communication skills
• Ability to work independently and handle competing priorities in a fast-paced setting.

We'd love to see your application by, Saturday 30 August

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
• Access 20 weeks of paid parental leave for the primary carer
• Access to an additional week of recharge leave per year
• 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 role type and 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:

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.

Location

Docklands VIC 3008

Job Family Group

Credit