(Sr.) Lead Collateral Analyst

PJM Interconnection

Audubon, PA

Full Time

Posted October 21, 2026

$123k - $175k· Est.

Grid Infrastructure

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Listing evidence and provenance

Source: Workday View original listing
Freshness: Open in the current public read path; this is not an employer guarantee.Last observed October 21, 2026
Classification: Modern power-system classification not yet published for this listing.Legacy source industry field: Grid Infrastructure
Pay provenance: Estimated benchmark; not employer-provided

Job Description

The Sr. (Lead) Collateral Analyst (II) will provide support to the Manager, Collateral Management and Credit Sr. Director including preparing analyses on various collateral issues and supporting regulatory filings. The individual will also guide and provide backup for daily activities such as member position tracking a

Key Responsibilities

Review, validate, and monitor Market Participant collateral daily to ensure ongoing compliance with applicable Tariff requirements, collateral eligibility criteria, and PJM policies and procedures
Issue collateral calls and process collateral returns as required
Monitor collateral adequacy and participant compliance, including collecting required documentation and conducting participant outreach as necessary
Analyze collateral positions, participant activity, exposures, and emerging trends; prepare reports and analyses related to collateral, problem participants, credit policy impacts, and entities requiring active monitoring
Draft, maintain and recommend enhancements to collateral policies, procedures, internal controls and supporting process documentation
Review, resolve, and escalate collateral policy exceptions, allocation issues, and other material collateral-related matters to Credit Risk management and senior management, as appropriate
Coordinate with Treasury regarding cash collateral postings, allocations, reconciliations, disputes, and other cash collateral-related matters
Provide answers to member and applicant inquiries around collateral and credit requirements
Assist in the review and processing of new Market Participant credit applications
Collaborate with colleagues in Client & Member Service, Credit Risk, Markets, Planning and Legal to notify them of any collateral requirement default
Serve as a subject matter expert for PJM’s in-house credit and collateral management application, acting as a primary liaison with PJM IT to support system maintenance and drive future enhancements

Requirements

Bachelor of Science in Finance, Accounting or Business
At least 5 years of experience working in a credit/collateral specific role within the Energy industry
Experience with PJM operations, markets, and planning functions
Experience supporting any of PJM Committees
Experience with PJM Agreements and Tariffs