Analyst, Credit - Ld/Sr

Job Title: Analyst, Credit - Ld/SrReports Manager- CreditReports in office to: Boston, MAThe base salary range for this position is dependent upon experience and location, ranging from: $120,000-$138,500What We Offer:Competitive benefits and growth opportunitiesGenerous performance‑based bonuses12% 401(k) matchComprehensive health, dental, and vision insuranceTuition reimbursementProfessional development and clear career advancement pathwaysFor more information please visit: Benefits - AvangridJob SummaryThe Analyst Credit – Ld/Sr oversees the company’s portfolio of guarantees, letters of credit (LCs), surety bonds, and escrow accounts. This role partners extensively across Treasury, Legal, Risk, Operations, and multiple banking institutions to ensure accurate issuance, maintenance, reporting, and cost‑efficient management of all collateral instruments. The position also administers Treasury systems supporting collateral and LC activity, including SAP and SUGAR.The Analyst Credit – Ld/Sr role reports to the Manager - Credit. Key ResponsibilitiesCollateral & Letter of Credit ManagementManage a collateral portfolio of approximately $7.3B, including over 500 parent guarantees, letters of credit, surety bonds, cash postings, and escrow accounts.Coordinate with Treasury to negotiate with banks on new and renewed LC facilities and collateral capacity.Review and negotiate LC forms and text with banks and internal Legal teams.Coordinate with the Treasury Spain team on guaranty and LC issuance and lifecycle maintenance.Oversee LC capacity across 14 banks, identifying and executing cost‑efficiency opportunities such as LC replacements and fee optimization.Cross‑Functional CollaborationPartner with internal stakeholders, including:Treasury (for guaranty, escrow, and LC processes),Legal (for document negotiation),Insurance/Risk (for surety and guarantee oversight),Accounting teams (for cash postings and collateral fee payments),Project teams.Work collaboratively with Treasury on:LC rate and bank facility negotiations,Collateral fee payments,Escrow account issuance and ongoing maintenance.Governance, Reporting, and ApprovalsAdminister and coordinate the Collateral Subcommittee process, including preparation of materials, approvals, and executive‑level reporting.Produce reports and presentations for senior leadership summarizing collateral activity, risk exposure, and banking relationships.Authorize and submit collateral‑related bank instructions and documents.Systems & Process ManagementMaintain collateral‑related data, workflows, and reconciliations in SAP and Paragon.Manage SUGAR, the SAP Treasury module used for LC, surety bond, and guarantee processing.Ensure accurate bank invoice processing and collateral fee payments via SAP.Continually enhance processes to improve efficiency, accuracy, and risk control in collateral operations.Trading & Commercial SupportAct as a trusted advisor to Trading, Origination, and Commercial teams.Review and approve new counterparties, suppliers, and deal structures from a credit risk perspective.Support structuring of power purchase agreements.Skills & CompetenciesExpertise in Treasury operations, banking products, and LC/guaranty structures.Strong negotiation skills with banks and financial institutions.High proficiency with SAP (including Treasury modules), Paragon, and collateral workflow tools.Ability to manage high‑value portfolios with precision and tight control.Excellent cross‑functional communication and executive reporting capabilities. Continually enhance processes to improve efficiency, accuracy, and risk control in collateral operations. Required QualificationsBachelor’s degree in Finance, Accounting, Economics, Engineering, or related field of study and a minimum of five (5) years of relevant experience in the field of Credit, Energy Trading and/or Risk Management. An equivalent combination of education and experience may be considered. Strong financial analysis and cash flow modeling skills.Solid understanding of contracts and procurement structures.Preferred QualificationsMBA or MS degree in Finance, CFA, FRM, or equivalent certification.Prior experience in energy trading, utilities, renewables, or infrastructurePrior experience in procurement or supplier risk management environmentsExperience with project finance, EPC contracts, or renewable asset development.Familiarity with ISDA, NAESB, supply agreements, and performance security instruments.Experience working with ETRM/CTRM, ERP, or vendor risk platforms.#LI-AM1#LI-ONSITECompany:AVANGRID POWER, LLCMobility InformationPlease note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country.At Avangrid we provide fair and equal employment and advancement opportunities for all employees and candidates regardless of race, color, religion, national origin, gender, sexual orientation, age, marital status, disability, protected veteran status or any other status protected by federal, state, or local law.If you are an individual with a disability or a disabled veteran who is unable to use our online tool to search for or to apply for jobs, you may request a reasonable accommodation by contacting our People and Organization department at View email address on click.appcast.io employees may be assigned a system emergency role and in the event of a system emergency, may be required to work outside of their regular schedule/job duties. This is applicable to employees that will work in Connecticut, Maine, Massachusetts, and New York within Avangrid Network and Corporate functions. This does not include those that will work for Avangrid Power.Avangrid employees may also be assigned a NERC Reliability Standards compliance role supporting Critical Infrastructure Protection (CIP) and/or Operations and Planning (O&P) responsibilities. This is applicable to employees that will work in electric transmission, operations, and cyber security business areas in Connecticut, Maine, Massachusetts, and New York within Avangrid Network and Corporate business areas. NERC Reliability Standards compliance roles and responsibilities may include additional access protections, training, audit engagement, and required evidence retention, and will be communicated by the employee’s management.Job Posting End Date:October-2-2026SummaryLocation: United States Of America, Massachusetts, BostonType: