Risk Management Analyst Associate | COMMERCIAL OPERATIONS

American Electric Power•Columbus, OH

4d•$63,496 - $79,369•Onsite

About The Position

This role is within the Commercial Operations department and focuses on risk management within the energy sector. The Associate will be responsible for maintaining contract data, managing volumetric hedge positions, and understanding market trends in electricity supply across various RTOs. A key aspect of the role involves ensuring the completeness and accuracy of the retail supply company's portfolio of signed contracts.

Requirements

Bachelor’s Degree required in business discipline such as Finance, Accounting, Economics, Math etc. Other degrees will be considered based on experience.
Intermediate Excel skills (pivot tables, lookups, complex spreadsheet design).
Effective problem-solving skills: ability to work from concept to analytics, identify alternatives and develop unique solutions.
General intelligence with inquisitive and investigative attitude.
Interest in energy industry, specifically deregulated electricity and natural gas.

Nice To Haves

One (1) year of energy experience in an analytical role is a plus, but not required.
SQL and VBA skills a plus with an interest to further develop skills.

Responsibilities

Perform daily maintenance of risk positions and market deal valuations.
Research market changes and regulatory filings.
Perform ad hoc analysis to determine customer usage behavior and impacts to pricing and performance of booked business.
Coordinate with Pricing and Usage Data Management teams to implement and maintain usage profiles in the Risk database.
Recommend and test enhancements to Risk systems and processes.
Execute required SOX and business controls for volumetric tracking across Risk, Pricing, and Billing systems.
Audit contract data to ensure optimal data integrity and financial forecasting accuracy.
Devise and generate custom reports out of risk database.
Coordinate the filing of Renewable Portfolio Standard and Green-E requirements.
Ensure compliance with EIA and other governmental reporting requirements.