Risk Analyst

Job Title

This is an open position with FirstEnergy Service Company, a subsidiary of FirstEnergy Corp.

Job Description

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.

Responsibilities Include:

• 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

Qualifications Include:

• Bachelor's degree in Finance, Business Administration, Economics, Engineering or related discipline required. Advanced degree is a plus but not 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
• Other work experiences will be considered if they are demonstrated to be applicable to successfully performing this role
• 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, Compensation & Workforce Diversity

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. FirstEnergy proudly supports workforce diversity. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, or status as a qualified individual with a disability. No recruiters or agencies without a previously signed contract. Unable to sponsor or transfer H-1B visas at this time.

Safety

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.

Position Classification

Exempt

FirstEnergy Human Resources Team