Risk Control Analyst I/II

Williams•Tulsa, OK

12d•Hybrid

About The Position

Williams is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, national origin, age, marital status, disability, veteran status, genetic information or any other basis protected under applicable discrimination law. Do something that means something at Williams. This isn’t just a job - it’s an opportunity to explore and discover your passion with coworkers who become friends and mentors who push you to be your best self in and out of the office. At Williams, we make clean energy happen. And you can too, so bring your energy to ours. The Risk Control Analyst II produces accurate and timely daily and end-of-month books, manually calculates curve shift and origination, identifies and corrects problems in books, and performs detailed position and value analysis. Identifies process inefficiencies and develops solutions. Reports trading violations to Compliance group. Has developed understanding of Risk Control concepts. Works under moderate guidance on a variety of routine and some non-routine tasks. Your work will challenge you, and with our Core Values to guide you, you’ll quickly learn and grow with us.

Requirements

Bachelor’s degree in finance, accounting, economics, engineering, data analytics, or related and minimum of two (2) years’ experience
Proficient in Microsoft Office Applications and PC skills
Understanding of risk control concepts and commodity/credit dynamics
Understanding of transaction accounting and reporting, including but not limited to the following concepts: Mark-to- Market, Hedge Accounting, Dodd-Frank, Financial Analysis

Nice To Haves

Master’s degree in finance, accounting, economics, engineering, data analytics, or related

Responsibilities

Produces & owns daily positions/valuation for assigned scope; completes month-end deliverables and documentation
Investigates & explains P&L variances; identifies drivers (price, basis, optionality, deal amendments) and proposes fixes
Applies policy & controls; prepares clear escalation packages for potential limit/threshold events; maintains SOX evidence
Produces daily VaR/position reports for assigned scope and interprets results; escalates potential excesses
Create ad hoc analyses and reporting for the desk and Risk leadership; maintains process documentation
Supports small automation/UAT activities (queries, templates); documents changes
Provides direct input into quarterly budget and forecasting process under some supervision
Participates and at times leads conversations with regional desk heads regarding regional performance
Other duties as assigned

Benefits

Competitive compensation
Annual incentive program
Hybrid work model - one work from home day each week for most office-based roles
Flexible work schedule for most field-based roles
401(k) with company matching contribution and a fixed annual company contribution
Comprehensive medical, dental, and vision benefits
Generous company-paid life insurance and disability benefits
A consumer-driven health plan option with the potential for a generous company contribution to a Health Savings Account
Healthcare and Dependent Care Flexible Spending Accounts
Paid time off, including floating and company holidays
Employee stock purchase plan
Robust employee learning and development
High internal mobility (we promote from within)
Parental leave (we provide up to 6 weeks for each parent)
Fertility coverage and adoption benefits
Domestic partner benefits
Educational reimbursement
Non-profit donation matching contributions and time off to volunteer
Employee resource groups
Employee assistance programs
Technology to make our work more productive and collaborative
Regular employee engagement surveys and feedback processes