Job Information
Cleco Enterprise Risk Analyst in Pineville, Louisiana
Depending on the volume of applications, this position may close to external applicants before the job posting end date expires.
Becoming the leading energy company in Louisiana - helping our people and state thrive - means being mindful of the larger opportunities and evolving needs of all those we serve. So today at Cleco, we’re working from a view that starts behind the lines. Where we can see the full picture of possibilities and technologies. To line up our customers and communities with systems and services that power the good life today. And better lives tomorrow. We’ve always believed that electricity is something more than just electrons. To us, it’s the fuel for more productive days and work. The current that brings all of us closer together. The conduit that connects Louisiana’s present to Louisiana’s future.
The Enterprise Risk Analyst will help maintain rigorous risk identification, assessment and management of risks facing Cleco’s operations and strategic directives through the implementation of Cleco’s ERM framework. The incumbent will assess identified risks, work with risk owners to analyze risk exposure, develop risk metrics and supporting analysis, and contribute to the development and oversight of risk mitigation plans within respective business functions. The incumbent will help develop the quantification and aggregation of enterprise risk at the top level, and support executive and board of managers reporting.
Responsibilities:
Help develop and integrate an enterprise risk management framework that is capable of adequately and transparently addressing strategic and operational risks
Ensure enterprise risk processes across the organization are consistently applied and aligned to achieve desired business outcomes
Facilitate business function risk deep dives and support the business functions to embed risk process, measurement, monitoring and response plans into day-to-day decision making
Provide support for quantification of inherent and residual risk
Set standards and facilitate risk issue remediation
Support communication to the Enterprise Risk Management Committee (ERMC), business function stakeholders and internal audit
Develop and maintain enterprise risk registry for a holistic view of existing/ potential risks
Lead implementation and integration of ERM software and Business Intelligence tools
Aggregate and analyze data to identify and communicate risk insights using business intelligence software and latest tools for ERM communications
Monitor and evaluate key risk indicators, risk mitigation plans and risk issue remediation
Develops data analytics and risk measurement using the latest data analytics tools such as R, Python and Business Intelligence tools such as Tableau or Microsoft BI
Develop and maintain enterprise risk dashboards and visualizations, including heat maps, tornado diagrams, bow-tie diagrams and Monte Carlo histograms
Prepare executive and stakeholder presentations that communicate risk management in actionable and insightful business language supported with analytics
Communicate with business functions to manage risk response plans
Develop solid business relationships, become a trusted advisor with key functional leaders and stakeholders to manage ERM program
Support business functions in ensuring appropriate and necessary resources are available for risk mitigation and monitoring
Develop relationships with Executive Stakeholders to communicate key risks, analysis and risk response plans
Be accountable for risk assessment and risk aggregation
Research leading practices and assist Risk Analytics Manager and VP Risk Management enhance the enterprise risk program
Behavioral Competencies:
Action Oriented
Collaborates
Courage
Decision Quality
Drives Results
Ensures Accountability
Instills trust
Manages Complexity
Nimble learning
Persuades
Plans and Aligns
Safety
Action Oriented
Technical Competencies:
Financial Reporting & Data Analysis
Industry and Business Knowledge
Planning, Forecasting & Budgeting
Risk Management
Financial Reporting & Data Analysis
Education / Experience:
Master’s or Bachelor’s degree or equivalent in Finance, Business or related field
4+ years of experience in an enterprise risk management role
3+ years’ experience and/or significant familiarity with utility industry
Experience in Resolver or similar ERM software and tools
Depth in data analytics and business intelligence tools
Depth in risk analytics methodologies
Strong knowledge of MS Excel
Strong analytical and critical thinking skills to determine risks across business functions and assets
Strong understanding of risk, controls and assurance activities
Ability to manage high workloads and conflicting priorities
Strong verbal and written communication skills
Facilitate issues to resolution while maintaining an atmosphere of collaboration
Ability to exercise sound judgment with little direction/guidance but know when to escalate issues
Ability to research leading practices and apply to company environment to advance processes
Cleco is a privately owned regional energy holding company with two primary businesses. Cleco Power, our regulated electric utility business, owns ten generating assets with a total nameplate capacity of 3,357 megawatts and serves approximately 290,000 customers in Louisiana through its retail business and supplies wholesale power in Louisiana and Mississippi. Cleco Cajun, our unregulated electric utility business, owns eight generating assets with a total nameplate capacity of 3,555 megawatts and contracts that serve nine Louisiana cooperatives, five wholesale municipal customers and one electric utility.
In business since 1935, Cleco has deep roots. For more than 85 years, Cleco has kept pace with the ever-changing energy industry to serve its customers. Our corporate office is in Pineville, La. We have offices and 1,500 employees across the state near major cities like New Orleans, Baton Rouge and Shreveport. If you like great music, food and nature, with a dash of eccentricity, then Louisiana is a good place to call home.