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FirstEnergy · 12 hours ago

Risk Analyst

Akron, OH

Full-time

Onsite

Senior Level, Lead/Staff

$101K/yr - $142K/yr

10+ years exp

FirstEnergy is a forward-thinking electric utility committed to operational excellence and making a positive impact on communities. The Risk Analyst role involves supporting the enterprise risk management program, conducting risk assessments, and collaborating with business units to manage risks and seize opportunities.

Clean EnergyEnergyEnergy EfficiencyInformation Services

No H1B

Responsibilities

Support and/or lead portions of the enterprise risk assessment, which is an annual exercise to work across all of FE to identify and assess the top strategic risks to the business and provide assurance that they are managed. This team executes the annual risk assessment through both a bottom-up and top-down approach to assess risks, pressure-test mitigation plans, and determine the overall risk profile of FE

Lead Risk Reviews of prioritized enterprise risks which will deep-dive the most important drivers of these risks, identify current and potential mitigation plans, and determine if there are gaps to exploit new opportunities

Perform risk advisory services to support business units and senior management to continue to manage enterprise risks through strategic projects that produce insights for the business as to how to best manage risks and capture opportunities on enterprise topics

Lead the enterprise risk management program within one or more of FE’s business segments (OH, PA, NJ, WV/MD, and/or FE Transmission) by working with risk owners within each of these segments to support FE’s “risk intelligence” and ability to manage risks

Identify and implement continuous improvement opportunities to mature the enterprise risk management program to meet the needs of FE’s business units and provide services across FE that support the ERM strategy to make risk actionable

Collaborate across Corporate Risk and with business unit leadership (Enterprise risk owners)

Encourage team development and drive opportunities for program enhancements

Support or lead the Enterprise Risk Assessment (ERA) process from start to finish, connecting the risk assessment to strategic and operational objectives, and providing effective challenge to ensure that risks are properly identified and managed

Maintain the assigned portion of the Risk Universe (the comprehensive record of all enterprise risks across FE) and monitor and report key changes in a timely fashion

Maintain ongoing relationships across the business to identify changes to the risk universe and/or emerging risks

Actively research assigned risk topics to support identification of the context of enterprise risks and potential industry-wide solutions

Perform assigned Risk Reviews on prioritized risks which will ultimately be delivered to the Board of Directors by Risk Owners. These must be performed according to the annual Risk Reporting calendar to the Board

Conduct Risk Advisory Services to support business units in analyzing and managing enterprise-wide risk and opportunities, at times using tools and templates for a standardized approach. This will include leading cross-functional teams to identify impacts of risks across the business and implement solutions. It is a highly collaborative role which will require the team to work closely with business units to lead to strategic solutions

Collaborate across Corporate Risk on continuous improvement of the ERM program

Will work with collaborators across the business as a source of intelligence to monitor key risks

Qualification

Risk managementProject managementStrategic thinkingChange managementAnalytical abilitiesCommunication skillsMicrosoft OfficeTeam collaborationProblem-solvingDecision-making

Required

Bachelor's degree in Finance, Business Administration, Economics, Engineering or related discipline required

Minimum 10 years relevant work experience required

Relevant experience includes risk management, program management, change management and facilitation, or other strategic project leadership roles

Experience leading cross-departmental complex projects in deep collaboration with other business units

Experience working with diverse teams and building an inclusive work environment

Project management skills, including change management

Excellent communications skills, written and verbal, including excellent PowerPoint skills and the ability to create presentations tailored to all audiences, from individual contributors through Executive Council and the Board of Directors

Superior analytical abilities, including problem-solving, decision-making, and effective challenge

Strong understanding or ability to learn risk management processes

Strategic thinking and thought leadership with respect to risks and opportunities facing the utility industry and FirstEnergy

Highest standards of business conduct and ethical behaviors

Role models and reinforces the FE Values & Behaviors

Proficient in Microsoft Office applications

Benefits

Competitive pay plus incentive compensation

Company-sponsored pension plan

401(k) savings plan with matching employer contribution

A choice of medical, prescription drug, dental, vision, and life insurance programs

Skills development training with tuition reimbursement

Company

FirstEnergy

Glassdoor3.6

We are a forward-thinking electric utility centered on integrity, powered by a diverse team of employees committed to making customers’ lives brighter, the environment better and our communities stronger.

Founded in 1997

Akron, Ohio, USA

10001+ employees