Risk Analyst

Firstenergy Risk Management Position

FirstEnergy (NYSE : FE) is dedicated to integrity, safety, reliability, and operational excellence. Headquartered in Akron, Ohio, FirstEnergy includes one of the nation's largest investor-owned electric systems, more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions, and a regulated generating fleet with a total capacity of more than 3,500 megawatts.

This is an open position with FirstEnergy Service Company, a subsidiary of FirstEnergy Corp. The position is within the Risk group and reports to the Director, Enterprise Risk Management. It can be located within our five-state service territory (Ohio, Pennsylvania, Maryland, West Virginia, or New Jersey) at any major Corporate location.

The estimated pay range for this role is $100,725 - $118,500. The pay range for certain locations, including the state of New Jersey, includes a 20% differential to account for an increased cost of living, making the pay ranges $120,870 - $142,200.

The mission of the Corporate Risk team is to make risk actionable and help FirstEnergy achieve our strategic objectives. We envision a comprehensive and proactive Risk program that enables risk-informed decisions and the pursuit of opportunities. Corporate Risk is composed of two teams : Enterprise Risk Management (ERM) and Insurance Strategy & Operations. The Enterprise Risk Management team works across every area of FirstEnergy and it is expected that its senior contributors be agile learners, strategic thinkers, and able to execute. The successful candidate will have the opportunity to be part of identifying key strategic topics across multiple business units and working with them to manage risks and take advantage of opportunities.

The strategy of the ERM team is met through several key responsibilities, each of which will be supported by this position :

• 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.

The successful candidate will have responsibility for various projects across the ERM program and will :

Responsibilities include :

Qualifications include :

At FirstEnergy, employees are key to our success. We depend on their talents to meet the challenges of our changing business environment. We are committed to rewarding individual and team efforts through our total rewards philosophy which includes competitive pay plus incentive compensation, a company-sponsored pension plan, 401(k) savings plan with matching employer contribution, a choice of medical, prescription drug, dental, vision, and life insurance programs, as well as skills development training with tuition reimbursement.

Safety is a core value for FirstEnergy and is essential to all of our business activities. We ensure employees have the tools, information, and processes to perform their duties in a manner that assures safety for themselves, their co-workers, our customers, and the public. Our goals are to provide a safe work environment, to maintain an accident-free, injury-free workplace, and to promote and maintain public safety. To meet these goals, we dedicate ourselves to achieving world-class safety standards.

Exempt

FirstEnergy Human Resources Team

Job Identification 103425

Job Category Analyst

Locations Akron, OH, United States

Job Schedule Full time

Residence Requirements Any Corporate location in the FE Service Territory