Associate Risk Management Specialist

Position details:

Title: Risk Management Specialist

Location: White Plains, NY 10601

Duration: Full Time

Job Description:

• The Associate Enterprise Risk Specialist supports the development, implementation, continuous improvement and reporting for the Clinet’s Enterprise Risk (ER) management function.

• The Associate Enterprise Risk Specialist supports the ER team assisting with the on-going identification, definition, assessment, analysis, mitigation and monitoring of enterprise level risks and opportunities impacting achievement of strategic objectives and business initiatives.

Responsibilities:

• Perform statistical and quantitative analysis on individual risks and the risk inventory to identify underlying relationships and assist in the risk roll-up/alignment process.

• As directed, research emerging risk issues and present summary findings to Senior Management.

• Provide support for the Enterprise Risk team and staff in facilitating the Enterprise Risk (ERT) process by providing risk identification, definition, assessment, analysis, mitigation, and monitoring.

• Support the development of enterprise risk reports by providing data base support, mapping of data elements, developing and testing quantitative algorithms, etc.

• Assisting with the development, updating, and reporting of Key Risk Indicators

• As directed, support the ERT in aligning processes and systems by working in partnership with Internal Audit, Compliance, and Strategy.

• Assist ERT in the development of training materials and assist in conducting ER education, training, and workshops to various levels of Client’s Business Units management and staff.

• Assist senior specialists and the Senior Director-Enterprise Risk Management in the preparation of executive level presentations.

• Provide support on the on-going operation and data base maintenance of the Governance, Risk, and Compliance (GRC) software module specific to the ER program.

• Perform regular updates to the risk repository, assessment, and reporting tool and ensure integrity of the repository data base.

• Work with senior ERT members to establish and implement the Enterprise Risk task level schedule to ensure timely delivery of assigned work products.

• As directed, develop and maintain up-to-date meeting minutes, reports and related materials for the Enterprise Risk website.

Required Skills:

• Basic knowledge of various types of risk drivers, including Market Risk, Operational Risk, Credit Risk, etc.

• Basic knowledge of enterprise-wide Risk management concepts.

• Basic knowledge of financial planning concepts.

• Proficient in spreadsheet and/or statistical analysis packages. Working knowledge of Access, Word, PowerPoint and MS Project.

• General understanding of enterprise risk management practices as they apply to the energy/utility industry

• Ability to prepare and deliver clear and concise summary and insights with assistance from senior analysts and manager; including advanced PowerPoint skills

• Ability to work and interact with various levels of staff and management across all business units and departments.

• Ability to clearly communicate and present analysis results and underlying assumptions with clarity.

Preferred Skills:

• Working knowledge of the NYISO and regional energy markets.

• Understanding of Client’s generating and transmission facilities

• Understanding of client’s financial planning tools.

• Familiarity with Government compliance and internal audit functions

• Working knowledge of probability analysis, scenario analysis, and financial analysis techniques such as return-on-investment, discounted cash flow, etc.

Required Experience:

• Bachelor’s degree in Business Administration, Finance, Accounting, or Economics.

• A minimum of 2 years directly relevant experience with risk analysis and interpretation and conversion of business functions into full process mapping.

All your information will be kept confidential according to EEO guidelines.