PAID Credit Risk Management Intership at Constellation...

Full Title: PAID Credit Risk Management Intership at Constellation Energy! Summary of Responsibilities, Essential Duties & Expectations: The Intern will be exposed to Credit Risk Management activities of CEG and will support the team of CEG Credit Officers, specifically by: assessing the credit and financial strength of transactional counterparties; analyzing the risks involved in trading electricity, gas, coal, and other commodities with various counterparties; establishing and maintaining proper counterparty documentation, credit limits and margin terms; monitoring counterparty exposures and collateral to ensure compliance with credit limits; and providing ongoing surveillance of counterparties through financial review and fundamental credit analysis. Additional responsibilities include: * Generating accurate reports and presentations for management * Updating credit systems with current market information to ensure data integrity. * Various ad hoc projects as required (i.e. data analysis) * Running credit risk models that measure the credit exposure of potential and existing deals. * Modeling expected forward cash flow and resulting credit metrics of prospective and existing counterparts. * Reviewing contract credit and collateral provisions. Qualifications: Attractive candidates will be rising Seniors majoring in Business with a Finance or Accounting concentration; additionally the candidate should possess exceptional written and oral communication skills; strong computer and spreadsheet modeling skills; and the ability to handle multiple tasks in a fast paced energy commodity trading environment. Interested applicants MUST apply via UMBCworks and should also create a profile on our website at http://www.constellation.com/careers For questions about how to apply via UMBCworks, contact The Shriver Center at 410-455-2493 or shrivercenter@umbc.edu.

Posted: April 23, 2010, 10:02 AM