Credit Risk Associate Salary Jobs in Chicago, IL

RWE Americas, LLC
To start as soon as possible, full time, permanent
Functional area: Finance / Controlling
Remuneration: Exempt

The Credit Risk Associate will analyze and mitigate credit risk exposure for RWEA.

Role Responsibilities:

• Assess and monitor counterparty credit exposures, including payment, performance, and supplier risks, for assigned portfolios primarily in North America
• Prepare concise credit reports and rating assessments using financial statements, rating agency reports, and market news to support internal approvals. Utilize AI per policy guidelines, verifying data accuracy
• Set up, monitor and maintain counterparty profiles, credit limits, and collateral requirements within RWE Credit Risk systems under supervision
• Support credit risk initiatives and internal reporting through accurate data collection and maintenance, including incoming and outgoing collateral
• Utilize credit risk systems to input, track and manage credit exposures in line with policies and procedures
• Collaborate with Legal and Front/Back Office teams to review credit requirements and ensure compliance with contractual terms

Job Requirements and Experiences:

• Bachelor's degree or equivalent in business administration, finance or economics required
• Minimum 1 year of experience in counterparty credit management within the energy, utilities, or banking sectors
• Experience in analysis of corporate and financial institutions from a credit risk, balance sheet, and cash flow perspective
• Working knowledge of different contracts e.g. ISDA, PPA's, REC, and the credit terms within those contracts is a plus
• Experience successfully prioritizing and completing work independently, demonstrating initiative, dependability, and strong self-motivation
• Proven ability to build relationships and effectively communicate with people from a diverse set of backgrounds
• Ability to work within tight deadlines
• Ability to work independently and as part of a team
• Must be able to sit, walk or stand for long durations of time
• Strong interpersonal skills, with ability to manage customer relationships
• Demonstrated desire to learn about the Company and the renewables space
• Excellent proficiency with Microsoft Office (Excel, Word, PowerPoint, Outlook) and Teams
• Strong leadership and communication, and ability to meet deadlines
• Strong organization skills and ability to coordinate multiple tasks and deliverables
• Ability to multi-task, while working independently and as part of a team
• Motivated self-starter, goal-oriented, and strong problem-solving abilities
• Proven ability to empathize, build relationships, and effectively communicate with people from a diverse set of backgrounds
• Responds well to direction, is easy to challenge and develop, and is coachable
• Is detail-oriented, has strong business acumen, and a sound understanding of business concepts

Applicants must be legally authorized to work in the United States. RWE Americas is unable to sponsor or take over sponsorship of employment visas at this time.

Pay range: The annual base salary range for this position in Illinois is $73,000 - $100,000. The listed salary range represents our good faith estimate for this position and represents the range for new hire salaries across all U.S locations. Please note that the salary information is a general guideline only. RWE considers factors such as (but not limited to) scope and responsibilities of the position, candidate's education & work experience, training & certifications, and key skills as well as market and business considerations at the time of the offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays. Eligible employees also participate in short-term incentives, in addition to salary.
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Any questions? Contact HR: rwe_americas_recruiting@rwe.com 
We look forward to meeting you. Of course, you can find us on LinkedIn, Instagram, Facebook, YouTube and Xing, too.
All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.
RWE Americas, a subsidiary of RWE, is a US-based energy company that is helping to meet the growing demand for energy across the United States. Backed by RWE's 125-year global legacy of managing diverse power assets, RWE Americas operates approximately 13 GW of power projects across 27 states. With a talented workforce of 2,000 employees, RWE Americas develops, constructs and operates wind, solar and battery storage projects, along with natural gas-powered generation, that safely deliver affordable, reliable electricity to our customers. Committed to responsible development, RWE Americas invests in local and rural communities, creating jobs and partnering with stakeholders to support and strengthen the places where we live and work. Learn more about how RWE Americas is generating impact at americas.rwe.com.

At RWE Americas, we foster a culture defined by our Essential Behaviors - Have Courage, Create Impact and Actively Collaborate. We encourage bold thinking and continuous learning, and we value ownership, resilience and inclusion in everything we do. When you join us, you become part of a team that supports your development, respects your contributions and celebrates shared success. This is a place where you can grow your career and make a meaningful difference.