Intern - Enterprise Risk Management

ERCOT•Taylor, TX

4d•Hybrid

About The Position

The ERCOT Internship Program allows college students the opportunity to develop their skills in a technical and high-paced, professional work environment. Interns receive assignments and projects that aim to solve real challenges facing the electric industry. The internship program also allows students to experience working alongside ERCOT employees and being part of a team. Throughout the internship, ERCOT leaders are able to evaluate each individual interns' capabilities and compatibility with ERCOT's mission, vision and values. This summer internship will support ERCOT's Enterprise Risk Management (ERM) team in identifying, documenting, and analyzing key risks that could impact the organization's strategic and operational objectives. The intern will assist with ongoing risk assessments, support analysis and risk quantification efforts used by leadership for risk-informed decisions and assist with tracking mitigation activities across business units. The role will also be involved with researching industry and regulatory trends relevant to grid operations. This is an opportunity to gain hands-on exposure to enterprise risk management within a critical infrastructure organization.

Requirements

Strong analytical and critical-thinking skills
Basic proficiency in Excel spreadsheets and data analysis techniques
Clear written and verbal communication skills
Attention to detail and accuracy in documentation
Ability to manage multiple tasks and meet deadlines
Basic research skills for tracking industry and risk management trends
Proficient with Microsoft Office (Word, PowerPoint) for reports and presentations
Team-oriented with willingness to learn in a collaborative environment

Nice To Haves

Familiarity with risk management concepts or frameworks (e.g., COSO ERM) is a plus, not required

Responsibilities

Identify, document, and analyze key risks that could impact the organization's strategic and operational objectives.
Assist with ongoing risk assessments.
Support analysis and risk quantification efforts used by leadership for risk-informed decisions.
Assist with tracking mitigation activities across business units.
Research industry and regulatory trends relevant to grid operations.
Research and evaluate emerging risks associated with changes in the electric industry and energy landscape.
Support the development and analysis of Key Risk Indicators (KRIs), potentially focusing on COO metrics or another ERCOT business unit.
Research and analyze wildfire-related risks and their potential impact on ERCOT.
Identify opportunities to maximize the use of the Exiger Third-Party Risk Management (TPRM) tool to support risk identification and monitoring.
Explore potential applications of artificial intelligence and emerging AI techniques to support ERM activities.