Tri-State Generation and Transmission Association, Inc. Enterprise Risk and Resiliency Analyst I, II, III or Senior (IRC33502) in Westminster, Colorado
Brief Posting Description
This position will perform business resiliency activities to include business impact analysis, business continuity procedure development and review, exercises, coordinate technology disaster recovery strategies, threat monitoring, etc. This position will support the manager in energy risk for middle office functions such as trade confirmations, system administration of software platforms such as Western Renewable Energy Generation (WREGIS), Midwest Renewable Energy Tracking System (MRETS), Intercontinental Exchange (ICE), etc. Assistance to energy schedulers and traders, compliance with the Energy Risk Management Program, daily credit checks of energy trades, and interfacing with the credit risk administrator on an ad hoc basis.
Note: There is one position available and the position will be filled at one of four job grade levels: Enterprise Risk and Resiliency Analyst I (job grade NB17); Enterprise Risk and Resiliency Analyst II (job grade NB19); Enterprise Risk and Resiliency Analyst III (job grade NB21) or Senior Enterprise Risk and Resiliency Analyst (job grade NB23). The hiring decision will be based on the qualifications and experience of the selected candidate and Tri-State business needs at the time of hire.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES :
Provide ongoing governance for the management of business resiliency activities. Contribute to the development and implementation of enterprise-wide resiliency policies and procedures.
Lead training efforts for Business Resiliency (Business Continuity, Disaster Recovery, & Crisis Management within the enterprise).
Execute the business resiliency life cycle including facilitating and coordinating Business Impact Analysis, as well as Risk Assessments providing consulting to resiliency plan strategy and development, coordinating and consulting on exercises and conducting plan quality reviews.
Collaboratively develop, coordinate and maintain comprehensive business continuity procedures and validate methodology to ensure the enterprise's ability to recover in the event of an unforeseen disruption.
Report to Management Team on business resiliency activities, potential risks, and preparedness.
Conduct exercises/tests of the Business Continuity and Crisis Management Procedures and follow-up on lessons learned.
Lead and/or participate in the implementation of the procedure in the event of an actual business continuity/crisis management event.
Administer Tri-State's Energy Risk Management Program (ERMP) including, but not limited to:
Administering trading platforms including, but not limited to Open Access Technology International (OATI), (ICE), (WREGIS), and (MRETS).
Independently confirming forward power, natural gas, coal, and fuel oil trades with counterparties.
Coordinating the energy trading effort as required, including reviewing and advancing models and assumptions and the understanding of these models, as required.
Updating/revising the ERMP at least annually.
Assisting in coordinating the Independent Assessment of ERMP as requested by the Audit and Finance Committee of the Tri-State Board of Directors.
Coordinate and enforce Tri-State's Interest Expense Risk Management Program including, but not limited to:
Providing independent verification and confirmation of interest rate hedging transactions.
Coordinating with Corporate Finance in maintaining financial metrics as applicable.
Assist in revision and assessment of the Program as requested.
Assist in the development, application, and continuous revision of enterprise-wide policies, programs, procedures and standards to ensure the accurate and consistent quantitative and qualitative measuring, assessing, monitoring, and evaluating of corporate value and risk.
Facilitate the identification, assessment, evaluation, mitigation, and monitoring of key risks specific to Tri-State on an enterprise-wide basis using risk workshops, surveys, and/or interviews as appropriate.
Enhance and maintain a system or systems to track and monitor key risks.
Develop an understanding of enterprise processes and key risks and their potential effects on the company; and maintain a working knowledge of policies, practices and procedures, industry trends, company issues and the company's organizational structure.
Participate in the development of quantitative analytical tools (e.g., Key Performance and Risk Indicators) and techniques to improve key risk evaluation processes used by business line management to monitor risk within their area.
This position will be qualified and dedicated to supporting the Crisis Management Teams when the Enterprise Risk and Resiliency Manager is not available. This will ensure the high availability that is required for proper response to incidents that will lead to crisis management coordination. Additional support for Enterprise, Energy, and Credit risk would be provided when the Enterprise Risk and Resiliency Manager is not available.
Adhere to and demonstrate compliance with appropriate electric utility industry regulatory requirements. Attain knowledge and remain knowledgeable of development in regulations, laws, standards and best practices applicable to the functional area including, but not limited to, Standards of Conduct, Environmental, Employment Law, NERC Reliability Standards and Safety. Must be familiar with, and comply with, all aspects of Corporate Policy C-54, Compliance.
Demonstrate behavior consistent with Tri-State's culture embodied in the Cooperative principles and spirit and core values of technical competency, respect and dignity, accountability, integrity, trustworthiness, and servant leadership to empower or otherwise enable others to optimally perform their job responsibilities. Demonstrate and promote ethics and behaviors consistent with Tri-State's culture, Board policies, and business practices. Understand and fulfill the role and responsibility for all compliance programs within the company.
Because Tri-State is an electric utility with continuous service obligations to its customers, regular, reliable, and predictable performance of the essential functions and responsibilities is an essential function of the job.
Because Tri-State has an obligation to provide continuous, reliable electric service to its customers, the ability to work overtime at any time of the day or week is considered an essential function of the job.
OTHER DUTIES/RESPONSIBILITIES :
- Perform other related duties as assigned
SUCCESS FACTORS/JOB COMPETENCIES :
Planning: ability to think ahead and plan upcoming initiatives including prioritizing workload, developing schedules and meeting deadlines.
Decision Making: ability to weigh options, consider alternatives, forecast outcomes and determine option which is best for the enterprise. Understand how to balance emotion with reason and make decisions that positively impact themselves, their employees, their customers and stakeholders, and their organizations. Ability to make decisions in difficult situations.
Able to develop and maintain effective working relationships with members of business units across the enterprise to ensure cooperation and compliance with risk management initiatives.
Time Management: ability to prioritize and schedule projects and meet deadlines.
Demonstrate behavior consistent with company values.
Problem analysis and problem resolution at both strategic and functional levels.
Excellent interpersonal and communication skills.
Strong team player: accomplishes tasks by working with others and being a good team player. Recognizes how his/her decisions may impact others; seeks input from others.
Continuous training and research into maturing the Enterprise Risk Management and Business Resiliency function at Tri-State.
Ability to work independently as a highly motivated self-starter.
REQUIRED JOB QUALIFICATIONS :
Education and Training:
- Bachelor's degree in accounting, engineering, finance, economics, or other relevant business discipline or equivalent experience.
Knowledge, Skills, and Ability:
Extensive knowledge of and experience in all aspects of merchant energy trading and electric power dispatch.
High-level working knowledge of financial concepts related to commodity trading, credit, debt issuance, hedging, and reporting.
Working knowledge of generally accepted enterprise risk management principles and practices.
Working knowledge of business continuity, crisis management planning, and disaster recovery concepts.
Ability to facilitate various sized groups, lead discussions, and extract pertinent information.
Ability to communicate effectively, both in writing and verbally.
Working knowledge of computer based risk management analytical tools and systems, personal computers, data bases, spreadsheets, report writers, and/or computer programming.
Requires the necessary interpersonal skills to relate effectively with all levels of internal and external personnel.
Comfort and expertise with public speaking and presentations to large groups.
Experience in enterprise-level business risk identification, assessment, mitigation and monitoring of key risks.
The Senior Enterprise Risk and Resiliency Analyst requires a minimum of eight (8) years of progressive related experience in energy commodity trading, risk modeling, analysis and evaluation, preferably involving enterprise risk management, including statistical analysis. Those with less experience would be hired at the I, II or III level, as appropriate.
Experience involving business continuity, disaster recovery, and crisis management preferably in the electric utility industry.
Willingness to travel as required. (Must possess a valid driver's license.)
Ability to exercise sound judgment in the handling of confidential data.
Must be able to demonstrate that he/she can perform all of the essential functions of the position.
DESIRED JOB QUALIFICATIONS :
Thorough understanding of Business Continuity or Disaster Recovery planning techniques and technologies as well as the methods used in performing risk analyses and business impact analyses.
Minimum of three years of project or program management experience.
Graduate-level degree in engineering, business, or finance
Professional Risk Management and/or Business Continuity Management (BCM) designation
Certified Risk Management Professional (CRMP)
Certified Business Continuity Professional (CBCP)
Master Business Continuity Professional (MBCP)
Certification of the Business Continuity Institute (CBCI)
PHYSICAL AND MENTAL DEMANDS: The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of the position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Physical demands: While performing the duties of this position, the incumbent is required to sit for long periods of time, occasionally stand, walk, stoop, bend, and reach above and below shoulder level. Incumbent is frequently required to use hands and fingers to handle, or feel objects, tools, or controls, talk and hear.
Mental demands: While performing the duties of this job, the incumbent is required to read, write, perform basic math, analyze data and reports, exercise judgment, develop plans, procedures and goals, and effectively present information to others and work under pressure.
Work Environment: While performing the duties of this position, the incumbent is occasionally exposed to moderate level of noise. Most duties are performed indoors and at a desk, operating office equipment.
All employees interested in this position may apply online at the Tri-State Intranet site.
Click on Job Postings, then click on the iRecruitment link, Log In, then click on the iRecruitment Employee Candidate link and then click on Search for jobs
Tri-State Generation and Transmission Association is a wholesale electric power supplier owned by the 43 electric cooperatives that it serves. Tri-State generates and transmits electricity to its member systems throughout a 200,000 square-mile service territory across Colorado, Nebraska, New Mexico and Wyoming.
Serving approximately 1.5 million consumers, Tri-State was founded in 1952 by its member systems to provide a reliable, cost-based supply of electricity. Headquartered in Westminster, Colo., about 1,400 people are employed by Tri-State throughout its four-state service area.
Tri-State's power is generated through a combination of owned baseload and peaking power plants that use coal and natural gas as their primary fuels, supplemented by purchased power, federal hydroelectricity allocations and renewable resource technologies. Tri-State delivers power to its members through a transmission system that includes substation facilities, telecommunications sites and over 5000 miles of high voltage transmission lines.
Interested? Here is how to Apply:
Go to www.tristategt.org/ and click on the 'Careers' Link. Search for Job and click 'Apply Now' Icon. You will be required to register in order to apply.
Tri-State: Join the people behind the power. Tri-State recognizes the value of a highly-engaged and committed workforce and provides an excellent benefits program that includes medical, dental, retirement and life insurance. Please visit our careers site at www.tristategt.org/careers/ for more details.
Equal Opportunity Employer - Minority/Female/Disabled/Veteran
Tri-State Generation and Transmission Association, Inc.
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