Risk Analyst

Risk Analyst Join to apply for the Risk Analyst role at FirstEnergy 12 hours ago Be among the first 25 applicants FirstEnergy at a Glance We are a forward-thinking electric utility powered by a diverse team of employees committed to making customers’ lives brighter, the environment better and our communities stronger. Job Description 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. About The Opportunity 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, include 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. Responsibilities Support and/or lead portions of the enterprise risk assessment, an annual exercise to identify and assess the top strategic risks to the business and provide assurance that they are managed. Lead Risk Reviews of prioritized enterprise risks to deep-dive the most important drivers, identify current and potential mitigation plans, and determine gaps. Perform risk advisory services to support business units and senior management to manage enterprise risks through strategic projects that produce insights for the business. Lead the enterprise risk management program within one or more of FE’s business segments by working with risk owners within each of these segments to support FE’s “risk intelligence.” Identify and implement continuous improvement opportunities to mature the enterprise risk management program to meet the needs of FE’s business units. Collaborate across Corporate Risk and with business unit leadership (Enterprise risk owners). Support or lead the Enterprise Risk Assessment (ERA) process from start to finish, connecting the risk assessment to strategic and operational objectives. Maintain the assigned portion of the Risk Universe and monitor and report key changes in a timely fashion. 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 for delivery to the Board of Directors according to the annual Risk Reporting calendar. Conduct Risk Advisory Services to support business units in analyzing and managing enterprise-wide risk and opportunities, using standardized tools and templates. Collaborate on continuous improvement of the ERM program. Qualifications Include Bachelor’s degree in Finance, Business Administration, Economics, Engineering or related discipline required; advanced degree is a plus. Minimum 10 years relevant work experience, including risk management, program management, change management and facilitation, or other strategic project leadership roles. 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 PowerPoint and presentation skills for all audiences. 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 regarding risks and opportunities in 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 a total rewards philosophy which includes competitive pay plus incentive compensation, a company-sponsored pension plan, 401(k) savings plan with matching employer contribution, medical, prescription drug, dental, vision, and life insurance programs, and 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 safely for themselves, their co-workers, our customers and the public. Our goals are to provide a safe work environment, maintain an accident-free, injury-free workplace, and promote and maintain public safety. To meet these goals, we dedicate ourselves to achieving world‑class safety standards. Position Classification Exempt Akron, OH $100,000.00-$120,000.00 1 week ago FirstEnergy Human Resources Team #J-18808-Ljbffr