Enterprise Risk Analyst

Consumers Energy•Jackson, MI

5d•Hybrid

About The Position

The Enterprise Risk Analyst creates awareness of corporate risk by educating the organization on Enterprise Risk Management (ERM) principles and coaching risk owners to identify, assess, and mitigate risks within defined timelines. The Enterprise Risk Analyst reviews the organization’s operating plans and conducts analyses to identify risk areas in support of mitigation strategy development. This position is not eligible for immigration sponsorship. It is a hybrid (virtual/onsite) position with required onsite days on Monday, Tuesday and Thursday assigned to One Energy Plaza located in Jackson, MI. The selected candidate must be within a commutable distance or willing to relocate (relocation package is available for those that qualify).

Requirements

Ability to communicate clearly and effectively in both written and oral formats with peers and middle to senior management.
Experience in an analytical role with basic financial exposure.
Demonstrated ability to consistently meet commitments and deadlines.
Ability to manage multiple projects simultaneously and meet tight deadlines.
Strong quantitative problem-solving skills.
Ability to make critical observations and apply sound judgment.
Bachelor’s degree in Engineering, Finance, Statistics, or related field and two (2) or more years of finance, engineering, risk management, or related experience [OR] Associate’s degree in Engineering, Finance, Statistics, or related field and four (4) or more years of finance, engineering, risk management, or related experience [OR] High School Diploma/GED and six (6) or more years of finance, engineering, risk management, or related experience.

Nice To Haves

Preferred experience as a market risk analyst, financial analyst with valuation experience, or quantitative analyst.
Preferred Certifications RIMS-CRMP, CRM, or IRM PMI-RMP CRISC or ISC certifications

Responsibilities

Partner with internal clients (risk owners) to educate them on risk management principles and coach them on risk analysis and risk presentation techniques.
Maintain a strong understanding of company operations and advise risk owners on financial and reputational impact, as well as likelihood assessments.
Prepare risk analysis templates and review submitted data; challenge assumptions as appropriate and mark up documentation to reflect feedback.
Review risk evaluation submissions with the Executive Director and provide consolidated feedback to risk owners.
Compile risk maps from risk evaluation documents and review them internally with Risk Managers.
Support officer-level presentations, publish meeting minutes, and follow up on recommended enhancements and action items.
Compile the Corporate Risk Map after all reviews are completed and develop study materials for the Executive Director of Risk prior to Board of Directors engagement.
Develop plans and timelines to ensure smooth execution of the annual ERM program, including guidelines for effective time management during fast-paced ERM reviews.
Develop new risk maps for Major Projects Reviews by collaborating and whiteboarding with project owners to highlight project execution risks; support the annual update of existing risk maps.
Conduct process and documentation reviews; assist the Executive Director in facilitating meetings.
Coordinate monthly MPR schedules and develop forward-looking annual MPR plans through stakeholder outreach.
Assist with updates to MPR process policies and documentation, as needed.
Develop an understanding of enterprise business plans to evaluate Business Development initiatives.
Maintain familiarity with project finance and valuation principles.
Attend project kickoffs and review risk registers and financial models to provide risk-related feedback.
Develop visual aids, such as comparative heat maps of project risks, and work with enterprise project owners to ensure risk registers appropriately capture mitigation actions.
Support the development and maintenance of documentation for internal and management reviews, as needed.
Develop and update BD process policies and documentation, as required.
Perform other duties as assigned or as necessary.