Principal Risk & Compliance Quantitative and Modeling Analyst - Location Flexible

Responsibilities

• Lead development of risk metrics and stress scenarios
• Lead development of commodity prices, derivatives and transactions as needed to analyze and quantify risks
• Lead development of framework for implementing tools and processes to improve quality and timeliness of risk reports
• Lead design of analytical and diagnostic tools to ensure accuracy and timely computation of risk metrics and facilitate analyses of portfolios
• Lead assessment of the effectiveness of hedging strategies and programs
• Lead development and enhancement of quantitative models to support forecasting, valuation, and portfolio risk assessment
• Provide analytical support and quantitative risk assessments to inform business decisions and address emerging issues
• Lead development of risk-informed compliance frameworks to align analytical insights with regulatory requirements and support effective governance and oversight
• Lead horizon scanning activities to identify emerging risks, market developments, and regulatory changes that may affect portfolio strategy and risk exposure
• Develops and leads compelling data-driven business cases for or against specific courses of action and potential risk mitigation alternatives as appropriate; provides strategic direction regarding areas of NERC compliance in common with CPUC, OEIS, and CAISO
• Leads annual gap analysis; identifies gaps between compliance requirements and guidance documentation
• Develops, monitors, analyzes, and reports on business KPIs and indicators, that may affect the Company’s ability to meet its goals

Qualifications

• Minimum: Bachelor’s Degree in Information Systems, Business, Engineering, Financial Engineering, Economics, Statistics, or Mathematics or equivalent experience
• 8 years of experience in risk analytics development and modeling
• 2 years managing projects
• Desired: Master’s degree or equivalent experience
• Electrical engineer with experience in the utility industry to support technical interpretations and implementation of new compliance requirements
• Proven risk control and system design skills
• Proven project management skills
• Demonstrated ability to abstract or synthesize from one set of ideas or facts to another, identify causal relationships, and anticipate obstacles
• Communicates with peers, subordinates, leadership, and stakeholders, using a variety of media and conveying information or conclusions in a clear, direct manner
• Understands and can communicate the company's overall goals and strategies
• Ability to analyze complex problems and make decisions despite incomplete information and limited time
• Highly advanced analytical, program management, and communications skills
• Ability to manipulate data and draw conclusions / make recommendations