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Senior or Principal Risk Management Analyst Job

Job Grade: P
Hierarchy:  Yes - We may hire at a higher level 
Union Position: Non-Bargaining

 

 

This position is posted as a hierarchy at the Senior Risk Management Analyst or Principal Risk Management Analyst level. Successful candidate(s) will be hired at the level that is commensurate with their skills and experience

 

Summary
Under general direction, performs statistical analysis and consolidate results for assessment of risk associated with gas and electric distribution systems. Applies results to the electric distribution and gas system risk management models. Develops data management and reporting systems to effectively manage risks within Asset Management. Performs risk evaluation models as directed to identify and recommend risk mitigation. Optimizing distribution risk includes, but is not limited to, determining impacts to system reliability, operational performance, environment, jurisdictional and business financial performance, system safety, legal and regulatory compliance, and brand impact.

Essential Responsibilities

 

  • Performs statistical analysis and apply desired results toward meeting distribution risk objectives.
  • Develops and implements methods to retrieve data and report information internally and externally within the industry.
  • Performs risk evaluation models as directed by Risk Consultants to identify and recommend risk mitigation.
  • Defines and coordinates existing and future data requirements for the analysis necessary to optimize delivery system risk. Develop appropriate forms and procedures.
  • Performs standard and ad hoc reporting to Asset Management leadership team.
  • Evaluates, recommends and maintains related software.
  • Respond to daily inquiries for data and reports from the Asset Management team and others, as needed.


Senior Risk Management Analyst Minimum requirements

  • Bachelor's degree in computer science, statistics, finance or equivalent.
  • Minimum of 2 to 5 years of risk modeling or related work experience required. Engineering/Utility Industry-Knowledge of utility business operations maintenance, engineering and systems.
  • Quantitative/Statistical Modeling-Ability to develop and analyze predictive models, forecasting, and simulation.
  • Ability to perform regression, correlation and trend analysis.
  • Accounting/Financial Modeling-Knowledge of accounting principles.
  • Ability to build financial models. Ability to interpret financial statements.
  • Computer Systems/Information Technology-Advanced ability to use Excel (VBA), Access, MatLab, and other database programs and analytical tools.
  • Advanced ability to collect, extract, and manipulate complex data files.
  • Knowledge of statistics and distribution risk modeling.

 

Principal Risk Management Analyst Minimum requirements

  • Bachelor's degree in computer science, statistics, finance or equivalent.
  • Minimum of 5 to 7 years of risk modeling or related work experience required.
  • Engineering/Utility Industry-Knowledge of utility business operations maintenance, engineering and systems.
  • Quantitative/Statistical Modeling-Ability to develop and analyze predictive models, forecasting, and simulation.
  • Ability to perform regression, correlation and trend analysis
  • Accounting/Financial Modeling-Knowledge of accounting principles.
  • Ability to build financial models.
  • Ability to interpret financial statements.
  • Computer Systems/Information Technology-Advanced ability to use Excel (VBA), Access, MatLab, and other database programs and analytical tools.
  • Advanced ability to collect, extract, and manipulate complex data files.
  • Advanced knowledge of statistics and distribution risk modeling.

 

 

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Xcel Energy is committed to the safety of its employees and customers, and promotes a Safety Always culture. Because of this, we strongly encourage all employees to be fully vaccinated against COVID-19; however, vaccination is not mandatory. After being hired, you will asked to report your vaccination status and dates of vaccination. This information will be maintained confidentially and disclosed only on a need-to-know basis. If you are not fully vaccinated or choose not to disclose your vaccination status you will be required to follow any health-and-safety rules applicable to unvaccinated employees.

 

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.
    

 

Posting Notes:  CO - Denver || CO - Denver; CO - Arvada; CO - Aurora; CO - Boulder; CO - Centennial; CO - Golden; CO - Lakewood; MN - Inver Grove Heights; MN - Maple Grove; MN - Minneapolis; MN - St Paul; MN - White Bear Lake; NM - Carlsbad; NM - Clovis; NM - Hobbs; NM - Roswell; TX - Amarillo; TX - Lubbock; WI - Eau Claire; WI - La Crosse || United States (US) || Audit and Financial Services || 25285:Risk Analytics || Full-Time || Non-Bargaining ||
 

The anticipated starting base pay for this position is: Senior Level: $66,000 to $94,000 per year; Principal Level: $77,000 to $109,666 per year

 
This position may also be eligible for the following benefits and/or pay components: Pay - Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Reimbursement Account, Health Care Reimbursement Account, Health Savings Account (HSA) (if enrolled in eligible health plan), Limited-Purpose FSA (if enrolled in eligible health plan and HSA), Transportation Reimbursement Account, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program (EAP), Fitness Center Reimbursement (if enrolled in eligible health plan), Tuition reimbursement, Transit programs, Employee recognition program, Pension, 401(k) plan, Paid time off (PTO), Holidays, Personal holidays, Volunteer Paid Time Off (VPTO) (full-time employees only), Parental Leave

 

Click here to see our benefits

 

Requisition Number: 49401

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at recruiting@xcelenergy.com

 

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ACCESSIBILITY STATEMENT
Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at recruiting@xcelenergy.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

 

 

 

 

 

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Nearest Major Market: Denver

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