Enterprise Risk Analyst – RIDM

Job Function Summary

Responsible for enterprise risk management, including physical, financial, credit and other forms of business risk. Identifies and analyzes potential sources of loss to minimize risk. Estimates the potential financial consequences of incurring a loss. Develops and implements controls and cost-effective approaches to minimize the organization’s risks. Assesses and communicates information regarding business risks with functions across the organization as part of the Enterprise Risk Management job family.

Key Responsibilities

Perform Analysis for Risk-Informed Decisions-Making (RIDM) Process Drives continuous improvement of PGE’s recently established RIDM framework to advance company’s risk culture by explicitly including risk in decision-making and O&M and capital planning; performs analysis and works closely with Financial Planning & Analysis team to evaluate risks; identifies opportunities to improve the framework and proposes those to management.

Risk Assessment Identifies and analyzes company exposure to risk by evaluating overall transaction and portfolio data to identify potential risk trends or patterns across data sets; researches potential mitigation strategies and presents to senior management; reviews work of other team members and suggests new or enhanced analyses and processes for the team.

Enterprise Risk Management Develops 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.

Regulatory Analyses Leads reporting efforts for regulatory analyses and compliance requirements; advises senior leadership of risk management policies and regulations.

Data Management Tools Leads increasing efficiency of business processes (automated and manual) and data gathering/processing for analysis and reporting purposes.

Education/Experience/Certifications

Education Requires a bachelor’s degree in accounting, finance, economics or other related field or equivalent experience

Experience Typically five or more years in related field

Competencies (Knowledge, Skills, Abilities)

Functional Competencies

Advanced knowledge of risk management concepts including claims, insurance and loss prevention, credit analyses and security interests

Intermediate knowledge of relevant software tools and report generator applications

Working knowledge of electrical system operations and other physical asset networks

Advanced Financial Modeling Skills And Experience Using Microsoft Excel

General Competencies

Intermediate knowledge of enterprise/business acumen

Intermediate problem-solving skills

Advanced written and oral communication skills

Intermediate negotiation and diplomacy skills

Intermediate organization and prioritization skills

Intermediate analytical thinking skills

Physical and Cognitive Demands

Cognitive Level

Substantial: Consistent use of logic or scientific thinking to define problems, collect information, establish facts and draw valid conclusions (for example, engineer, HR director, plant manager, etc.).

Cognitive

Ability to adhere to set response times, deadlines and time-sensitive tasks

Ability to follow accuracy standards

Ability to follow through on decision-making tasks

Ability to interact effectively and collaboratively within a team environment

Ability to communicate and problem solve when under stress

Ability to respond and adapt to frequent change

Ability to accept and demonstrate self-awareness when provided constructive feedback

Ability to discern feedback and acknowledge ownership of areas of improvement

Ability to avoid future mistakes by applying reasonable skills to new but similar work situations or tasks

Ability to successfully collaborate with peers, managers and others within the organization Demonstrates sound memory

Ability to process new information to be applied consistently to work tasks

Schedule/Attendance

Ability to adhere to pre-established schedule, including start/stop time and break/lunch schedule

Ability to work long hours

Ability to work a variable schedule

Ability to report to work and perform work during periods of severe inclement weather

Ability to consistently meet attendance standards for regular, reliable, predictable, full-time attendance

Physical Capabilities

Driving/travel/commute

Daily within service territory

Frequently (at least once a week or more)

Overnight inside/outside the service territory

Occasionally (one to two times a month or less)

Computer use (use computer regularly for entire work shift)