Job Information
City of Tacoma WA Credit Risk Management Intern in Tacoma, Washington
Credit Risk Management Intern
Salary
$16.72 - $20.33 Hourly
Location
Tacoma, WA
Job Type
Classified
Remote Employment
Flexible/Hybrid
Job Number
S0020-25C
Department
Power
Division
Power - Rates, Planning & Analysis
Opening Date
02/26/2025
Closing Date
3/12/2025 5:00 PM Pacific
Description
Benefits
Questions
Position Description
Tacoma Power's Rates, Planning and Analysis division is looking for a Credit Risk Management Intern to join their team this Summer 2025!
The Intern will get the opportunity to apply their skills and gain valuable experience working with the Energy Risk Management (ERM) team to support a variety of credit risk related projects, including creditworthiness assessments of wholesale energy trading partners, review and documentation of collateral instruments, and supporting the buildout of key credit dashboards. There will be additional opportunities to shadow other functions within Energy Risk Management as well as participate in projects supporting industry research and analysis. The ERM team works closely and collaboratively with Tacoma Power’s wholesale trading function, affording the Intern broad exposure to wholesale energy trading and risk management mechanics.
Responsibilities Include:
Support the Credit Analyst in completing creditworthiness reviews of wholesale energy trading partners
Assist in the internal review and documentation of collateral instruments
Support the development of an enhanced credit risk management database
Collaborate with the Credit Analyst on industry research projects
The expected duration of the internship 40 hours per week for approx. 12 weeks in Summer of 2025.
Qualifications
Minimum Education*
High School Diploma or GED
Minimum Experience*
1 year of post-high school training
Licensing, Certifications and Other Requirements
None
*Equivalency: 1 year of experience = 1 year of education
Knowledge & Skills
Familiarity with financial statement analysis
Effective at problem solving & research
Effective oral and written communication
Strong organizational skills
Ability to use software such as the Microsoft 365 Suite of programs
Effective communication and listening skills
Desired Skills:
Proficiency in Tableau
College Junior or Senior or recent graduate in the Business, Economics, Finance, or Mathematics fields
Selection Process & Supplemental Information
This recruitment is being managed by Kye Merritt. If you would like to be notified of similar opportunities or stay connected with things going on at Tacoma Public Utilities and the City of Tacoma, connect with her on LinkedIn.
Apply
Interested individuals should apply online and attach a detailed resume and cover letter that includes job experience, major responsibilities and accomplishments related to this position.
Applications will be reviewed as they are received for interview consideration.
Reference checks will be conducted on final candidates and appointment is subject to passing a background check.
Tacoma Power
Tacoma Power is an almost 100% hydroelectric, municipally-owned public power utility, located in Tacoma. We serve approximately 170,000 customers as one of the three operating divisions of Tacoma Public Utilities, alongside Tacoma Water and Tacoma Rail. As one of the most livable, walkable cities in the country, you'll find that Tacoma is a great fit for all interests with places to bike, run, hike, and explore, the perks of a big city, and the charm of a small town.
City of Tacoma Commitment to Diversity and Inclusion
Tacoma's diversity is its greatest asset. Tacoma embraces its multi-cultural and multi-ethnic character. Communities of color and immigrant communities are fundamental to Tacoma's entrepreneurial spirit, workforce, and long-term success. In Tacoma, equity and empowerment are top priorities, meaning that all Tacoma residents must have equitable opportunities to reach their full potential and share in the benefits of community progress. One of our goals is for the City of Tacoma workforce to reflect the community it serves. We actively work to eliminate racial and other disparities and welcome candidates with diverse backgrounds and/or multicultural skill sets and experiences. Our goal is for Tacoma to be an inclusive and equitable place to live, work, and play.
The City of Tacoma is an Equal Opportunity Employer and values diversity in its workplace. Applicants are considered for positions without regard to race, color, religion, sex, national origin, ancestry, age, marital or veteran status, disability, sexual orientation, gender identity, or any other basis prohibited by federal, state, and local laws.
Communication from the City of Tacoma:
We primarily communicate via e-mail during the application process. E-mails from cityoftacoma.org and/or governmentjobs.com must be placed on your safe domain list to ensure that you receive notifications in a timely manner. As a precaution, you may also want to check your junk e-mail folders.
If you have any additional questions regarding this position, please contact the Human Resources Department at 253.591.5400.
The City of Tacoma provides excellent medical, dental and vision plans for the whole family; paid holidays and paid leave; participation in the Tacoma Employees' Retirement System (alternate plan for Police/Fire); continuing education and advancement opportunities and a growing variety of City-sponsored health and wellness opportunities and incentives.
Medical Coverage: For eligible employees and their families, including domestic partners and dependent children age 26 or younger.
Dental Coverage: For eligible employees and their families, including domestic partners and dependent children age 26 or younger.
Vision Coverage: For eligible employees and their eligible dependents.
Paid Leave: City employees are entitled to received paid holidays, sick/vacation leave or personal time off (PTO), depending upon union affiliation and appointment type.
Insurance Plans: Employees are covered by a long-term disability plan. Short-term and expanded long-term disability insurance plans are also available to employees. The State Industrial Insurance Act also covers employees.
Deferred Compensation: Income can be set aside on a pretax basis and invested for supplementation of normal retirement income.
Retirement: All employees of the City, except members of the Police and Fire services, Tacoma Rail and certain project employees, are included in the Tacoma Employees' Retirement System. Information on the Tacoma Employees' Retirement System can be found at www.cityoftacoma.org or by calling (253) 502-8200.
Other Employment Information
Direct Deposit: Employees are paid on a bi-weekly schedule by direct deposit.
Salary Increases: Based on satisfactory job performance, the City provides for a regular progression of salary increases for most classifications according to the salary schedule.
Union Affiliation: Many job classifications are covered by union security provisions which require union membership, dues, or payment of equivalent service fees.
Note: The provisions of this job announcement do not constitute an expressed or implied contract. Any provision contained herein may be modified and/or revoked without notice.
01
Are you a high school graduate or do you have the equivalent such as a GED?
Yes
No
02
Do you have 1 year of post high school training, which may include enrollment in a vocational school, community college, four-year college or university, or hands on job training?
Yes
No
03
Why are you interested in this position?
04
The expected duration of this internship is 12 weeks, up to 40 hours per week. Please describe your availability as it pertains to the position.
05
Describe your experience reviewing company financial statements and key financial ratios.
06
Are you a college Junior, Senior, or recent graduate in the Business, Economics, Finance, or Mathematics fields?
Yes
No
07
One of the City's Principles that guides us is Equity. Describe what equity means to you and describe an experience you have working with diverse groups of people.
08
Please tell us how you learned about this job opening.
Job Interest Card notification
Internet search
Professional organization
Community organization
Military organization
Union job posting
City of Tacoma employee
Online job board posting
Word of mouth
Linkedin
Indeed
Facebook
Instagram
Government Jobs
NWPPA
Other
SEED
Required Question
Employer
City of Tacoma
Address
Human Resources Department 747 Market Street Tacoma, Washington, 98402-3764
Phone
253-591-5400
Website
http://www.cityoftacoma.org
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