Principal Risk Analyst

LOCAL CANDIDATES ONLY The role is hybrid

EQUIPMENT REQUIRED: Client laptop will be provided.
In the event of major delays, vendor to help with providing a device for the worker to start

• TOP THINGS:
  • Technical Analysis; Skills
  • Utility Operations/asset management/risk experience
  • Program management/Project management skills

• Qualifications - Minimum:
  • Bachelor’s degree or equivalent experience
  • Ten years of experience in risk management, utility operations, and/or related field

• Desired:
  • 10 years’ experience in electric operations, asset management, and strategy
  • Ability to synthesize complex issues into easy-to-understand concepts
  • Ability to work across multiple functions and build strong working relationships
  • Ability to influence varying levels of leadership and collaborate with cross-functional teams
  • Ability to facilitate decision-making and engage appropriate SMEs in problem-solving teams

• Description - Department Overview:
  • The Electric Risk Management (ERM) team plays a pivotal role in the evaluation, regulatory reporting, and investment planning process for key and most consequential risks.
  • The ERM team executes a risk decision framework that is used to support a data-driven process to inform risk-based decisions with a focus on continuous improvement.
  • The team works closely with electric operations and asset strategy teams to identify and evaluate existing and emerging risks, support prioritization and quantification of risk mitigation strategies, monitor key performance and risk indicators, and aids the investment planning process and regulatory proceedings such as the WMP, RAMP, and GRC filings.

• Position Summary:
  • Work closely with the asset family owners, compliance teams, and SMEs to appropriately evaluate and implement a risk management framework.
  • Support the horizon scanning process by appraising new and emerging risks.
  • Facilitate conversations to improve key risk indicators (KRIs) and provide quantitative analysis to support a risk-based decision-making framework.

• ERM supports the risk management of:
  • Wildfire (WLDFR)
  • Public Safety Power Shutoff (PSPS)
  • Enhanced Powerline Safety Settings (EPSS)
  • Distribution Overhead (DOVHD)
  • Distribution Underground (DUNGD)
  • Transmission Overhead (TOVHD)
  • Transmission Underground (TUNGD)
  • Distribution and Transmission Substation (DSBN, TSBN)
  • Public Contact with Intact Energized Electrical Equipment (PCEEE)

• Job Responsibilities:
  • Develop strong relationships with asset strategy, engineering, wildfire, regulatory, and compliance teams
  • Work closely with asset family owners and compliance teams to evaluate new and emerging risks
  • Facilitate conversations with SMEs and Risk Teams to enhance or develop new KRIs
  • Assist in data collection efforts for risk analysis initiatives being conducted
  • Leverage relationships and support the development of risk presentations for different audiences (e.g.
    RCC, SLT Risk Deep Dives, SNO Material)
  • Other areas of support include: GRC and regulatory data requests and BPD deliverables