Sr Risk Management Analyst

Posted 7 Hours Ago
Be an Early Applicant
Larimer, PA
70K-99K Annually
Junior
Energy
The Role
The Sr Risk Management Analyst role involves performing statistical analyses and managing risk models related to gas and electric distribution systems. Responsibilities include developing data management systems, coordinating data requirements, executing risk evaluations, and producing reports for Asset Management leadership.
Summary Generated by Built In

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you’re looking for.

Position Summary
Under general direction, performs statistical analysis and consolidate results for assessment of risk associated with gas and electric distribution systems. Applies results to the electric distribution and gas system risk management models. Develops data management and reporting systems to effectively manage risks within of Asset Management. Performs risk evaluation models as directed by Risk Consultants to identify and recommend risk mitigation. Optimizing distribution risk includes, but is not limited to, determining impacts to system reliability, operational performance, environment, jurisdictional and business financial performance, system safety, legal and regulatory compliance, and brand impact.
Essential Responsibilities

  • Performs statistical analysis and apply desired results toward meeting distribution risk objectives.
  • Develops and implements methods to retrieve data and report information internally and externally within the industry.
  • Performs risk evaluation models as directed by Risk Consultants to identify and recommend risk mitigation.
  • Defines and coordinates existing and future data requirements for the analysis necessary to optimize delivery system risk. Develop appropriate forms and procedures.
  • Performs standard and ad hoc reporting to Asset Management leadership team.
  • Evaluates, recommends and maintains related software.
  • Respond to daily inquiries for data and reports from the Asset Management team and others, as needed.


Minimum Requirements

  • Bachelor's degree in computer science, statistics, finance or equivalent.
  • Minimum of 2 to 5 years of risk modeling or related work experience required.
  • Engineering/Utility Industry-Knowledge of utility business operations maintenance, engineering and systems.
  • Quantitative/Statistical Modeling-Ability to develop and analyze predictive models, forecasting, and simulation. Ability to perform regression, correlation and trend analysis.
  • Accounting/Financial Modeling-Knowledge of accounting principles. Ability to build financial models. Ability to interpret financial statements.
  • Computer Systems/Information Technology-Advanced ability to use Excel (VBA), Access, MatLab, and other database programs and analytical tools. Advanced ability to collect, extract, and manipulate complex data files.
  • Knowledge of statistics and distribution risk modeling.

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at [email protected].

Non-Bargaining

The anticipated starting base pay for this position is: $69,700.00 to $99,100.00 per year

This position is eligible for the following benefits: Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Reimbursement Account, Health Care Reimbursement Account, Health Savings Account (HSA) (if enrolled in eligible health plan), Limited-Purpose FSA (if enrolled in eligible health plan and HSA), Transportation Reimbursement Account, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program (EAP), Fitness Center Reimbursement (if enrolled in eligible health plan), Tuition reimbursement, Transit programs, Employee recognition program, Pension, 401(k) plan, Paid time off (PTO), Holidays, Volunteer Paid Time Off (VPTO), Parental Leave

Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.

Deadline to Apply: 11/26/24

EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF)

ACCESSIBILITY STATEMENT
Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at [email protected]. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

Top Skills

Access
Excel
Matlab
VBA
The Company
HQ: Minneapolis, MN
10,001 Employees
On-site Workplace

What We Do

Xcel Energy is engaged in the generation, purchase, transmission, distribution, and sale of electricity.

As a leading electric and natural gas energy company, we offer a comprehensive portfolio of energy-related products and services to 3.4 million electricity customers and 1.9 million natural gas customers across our eight states: Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.

Our workforce of more than 12,000 is rising to the challenge of a dynamic, constantly-changing utility industry. One that requires us to be even more customer focused, forward thinking and productive while remaining committed to meeting our customers’ fundamental need for safe, reliable, affordable energy.

With nearly 50% of our workforce eligible to retire in the next five years, there’s never been a better time to come on board. Do you have a passion for renewable energy, like wind or solar? Or care about giving back to the community? You’ll be in a position to directly impact our energy future.

At Xcel Energy, you’ll be challenged, respected and rewarded. You’ll find an ethical team committed to excellence, safety and environmental stewardship. A dynamic company where you’ll have meaningful work that makes a difference.

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