Contracts Analyst - Senior/Principal Financial Risk Analyst

Job Overview

The addition of a Contracts Analyst is critical to support increasing contractual complexity, regulatory requirements, and operational demands across energy trading, settlements, and contracts functions. This role will reduce financial risk, improve contract lifecycle efficiency, and strengthen compliance—particularly in preparation for evolving market structures such as EDAM.

Key Responsibilities

• Drafted, analyzed, and redlined NDAs, MSAs, and SOWs while ensuring alignment with legal standards and commercial objectives.
• Ability to read, interpret, and analyze contracts for risk and compliance.
• Identify unfavorable or non-standard terms.
• Understand clause interaction and downstream impacts.
• Summarize contract terms and provide recommendations to stakeholders.

Responsibilities – Senior Financial Risk Analyst (Grade 7 / P3)

• Ensure contracts comply with applicable laws, regulations, and internal policies.
• Support regulatory, audit, and risk management reviews.
• Monitor changes in contract related policies or standards.
• Coordinate the negotiation of contracts terms with vendors and counterparties (including guarantees, letters of agreements, contracts support annex, etc.).
• Enterprise Risk Management
• Develops contract risk definitions; works with management to design, implement and sustain an effective risk management program and coordinates efforts across the organization to ensure alignment with program objectives.
• Risk Analysis
• Conducts analyses and develops reports across complex data sets requiring unique/new analysis approaches; develops reports containing recommendations for management and works with internal clients to implement approved recommendations.
• Design and implement controls for contract accuracy and settlement alignment.
• Support SOX controls including contract review, approval workflows, and documentation.
• Ensure segregation of duties and proper approval authority in contract execution.
• Regulatory Analyses
• Evaluates contracts to ensure compliance with applicable laws, regulations, and regulatory expectations throughout the contract lifecycle.
• Data Management Tools
• Leads increasing efficiency of business processes (automated and manual) and data gathering/processing for analysis and reporting purposes.
• Contracts Management
• Maintains, makes recommendations for improvement and updates contracts policies, procedures and scoring matrices;
• Trains others in contracts review and analysis;
• Performs contracts risk analyses;
• Makes recommendations to management on appropriate actions;
• Negotiates and prepares letters of agreements.

Responsibilities – Principal Financial Risk Analyst (Grade 8 / P4)

• Leveraging the analysis of others, identifies broad risks to the company and leads the development and implementation of recommended mitigation strategies; establishes and maintains department's operating plans and budgets related to specific mitigation strategies; works, leads, and/or coordinates work with outside specialists and effectively leads/teaches others how to interpret and perform complex analysis.
• Provides oversight/leadership to team on negotiating contracts terms with vendors and counterparties (including guarantees, letters of agreements, contracts support annex, etc.).
• Enterprise Risk Management
• Develops common definitions of risk for the entire organization; works with executive management to design, implement and sustain an effective risk management framework and program and coordinates efforts across the organization to ensure alignment with program objectives; reports out to executive senior leadership and Board of Directors.
• Risk Analysis
• Led analyses and report development for companywide risk analysis assessments; leads analyses, reporting and implementation of counterparty/vendor contracts review and risk mitigation.
• Regulatory Analyses
• Evaluates contracts to ensure compliance with applicable laws, regulations, and regulatory expectations throughout the contract lifecycle.
• Data Management Tools
• Serves as an expert resource in the organization's risk management tools.
• Contracts Management
• Serves as an expert resource and consultant in the organization on how to analyze contracts risk and develop contracts risk mitigation strategies; maintains, makes recommendations for improvement, and updates corporate contracts policies, procedures and scoring matrices; trains others in contracts review and analysis; performs contracts analyses and makes recommendations to management on appropriate actions; negotiates and prepares letters of agreements.