Analyst III - Risk - Akron FirstEnergy Headquarters

FirstEnergy•Akron, OH
•Onsite

About The Position

This position is with FirstEnergy Service Co., a subsidiary of FirstEnergy Corp., and is located ON-SITE at the FirstEnergy Corp Headquarters in Akron, OH. The selected candidate may be offered a position within the same job family, at a level that is lower than what was posted, determined by the interview process. The position is within the Risk group and reports to the Director, Enterprise Risk Management. The mission of the Corporate Risk team is to make risk actionable and help FirstEnergy achieve strategic objectives. The Enterprise Risk Management (ERM) team works across every area of FirstEnergy, and its contributors are expected to be agile learners, strategic thinkers, and able to execute. The successful candidate will identify key strategic topics across multiple business units and work with them to manage risks and take advantage of opportunities. The ERM team's strategy is met through several key responsibilities, which this position will support, including supporting or leading portions of the enterprise risk assessment, supporting or leading Risk Reviews of prioritized enterprise risks, performing risk projects to support business units and senior management, supporting or leading the ERM program within business segments, and identifying and implementing continuous improvement opportunities to mature the ERM program. The successful candidate will have responsibility for various projects across the ERM program and will have solid knowledge of FE’s business and strategic objectives, work independently and with others on cross-functional projects, effectively multitask, and possess effective communication skills tailored to all levels.

Requirements

  • Bachelor’s degree in Finance, Business Administration, Economics, Engineering or related discipline required.
  • Minimum 4 years relevant work experience required. Relevant experience includes risk management, program management, change management and facilitation, or other strategic project leadership roles.
  • Other work experiences will be considered if they are demonstrated to be applicable to successfully performing this role.
  • Experience working with diverse teams and building an inclusive work environment.
  • Project management skills.
  • Effective communications skills, written and verbal, including excellent PowerPoint skills and the ability to create presentations tailored to all audiences, from individual contributors through Executive Council and the Board of Directors.
  • Strong understanding or ability to learn risk management processes.
  • Highest standards of business conduct and ethical behaviors.
  • Role models and reinforces the FE Values & Behaviors.
  • Proficient in Microsoft Office applications.

Nice To Haves

  • Advanced degree is a plus but not required.

Responsibilities

  • Support and/or lead portions of the enterprise risk assessment, which is an annual exercise to work across all of FE to identify and assess the top strategic risks to the business and provide assurance that they are managed.
  • Support and/or lead Risk Reviews of prioritized enterprise risks which will deep-dive the most important drivers of these risks, identify current and potential mitigation plans, and determine if there are gaps to exploit new opportunities.
  • Perform risk projects to support business units and senior management to continue to manage enterprise risks by producing insights for the business as to how to best manage risks and capture opportunities on enterprise topics.
  • Support and/or lead the enterprise risk management program within one or more of FE’s business segments (OH, PA, NJ, WV/MD, and/or FE Transmission) by working with risk owners within each of these segments to support FE’s “risk intelligence” and ability to manage risks.
  • Identify and implement continuous improvement opportunities to mature the enterprise risk management program to meet the needs of FE’s business units and provide services across FE that support the ERM strategy to make risk actionable.
  • Collaborate across Corporate Risk and with business unit leadership (enterprise risk owners).
  • Encourage team development and drive opportunities for program enhancements.
  • Support the Enterprise Risk Assessment (ERA) process from start to finish, connecting the risk assessment to strategic and operational objectives, and providing effective challenge to ensure that risks are properly identified and managed.
  • Maintain ongoing relationships across the business to identify changes to the risk universe and/or emerging risks.
  • Actively research assigned risk topics to support identification of the context of enterprise risks and potential industry-wide solutions.
  • Support and/or lead assigned Risk Reviews on prioritized risks which will ultimately be delivered to the Board of Directors by Risk Owners. These must be performed according to the annual Risk Reporting calendar to the Board.
  • Partner with business units and cross-functional stakeholders to identify, assess, and respond to enterprise risks and opportunities. Utilize established tools, methodologies, and templates to support consistent analysis, collaboration, and decision-making across the organization.
  • Collaborate across Corporate Risk on continuous improvement of the ERM program.
  • Work with collaborators across the business as a source of intelligence to monitor key risks.

Benefits

  • competitive pay plus incentive compensation
  • a company-sponsored pension plan
  • 401(k) savings plan with matching employer contribution
  • a choice of medical, prescription drug, dental, vision, and life insurance programs
  • skills development training with tuition reimbursement
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