Senior Analyst - Risk Management

The base salary range for this position is dependent upon experience and location, ranging from $110,800 to $138,500

What We Offer:

• Competitive benefits and growth opportunities
• Generous performance‑based bonuses
• 12% 401(k) match
• Comprehensive health, dental, and vision insurance
• Tuition reimbursement
• Professional development and clear career advancement pathways

For more information please visit: Benefits - Avangrid

Job Summary

The Senior Analyst – Risk Management position supports the following key risk management processes:

Transaction risk evaluation:

• Review investments, Power Purchase Agreements (PPAs), and structured transactions.
• Assist in preparing risk summaries and recommendations

Risk Policies and Risk Procedures:

• Investigate, manage and report breaches and violations of Policies/Procedures limits and guidelines.
• Participate in the annual review of the Risk Policies and the Risk Procedures including (in co-ordination with the business) the recommendation of changes, help to effectively communicates the Policies and Procedures to the business, and provide Policies and Procedures interpretation

Quantitative and analytical business support:

• Support business activities requiring Risk Management’s quantitative and analytical skills.

Risk monitoring and reporting:

• Monitor the Power business’ market risk and assist in the creation of market risk reports to be presented to various committees.
• Monitor the company’s relevant risks and assist in the creation of risk reports to be presented to various committees.

Market fundamental analysis:

• Monitor and analyze fundamental market events and understand and anticipate their potential impacts on Avangrid’s unregulated business.

Operational risk:

• Help monitor and report energy-management operational risk metrics.

New trading and hedging products:

• Assist in analyzing new products.

Enterprise risk management:

• Support monitoring and updating Key Risk Reports and Limits & Indicators measurements.

This position will also be responsible for managing credit risk and some of the other various risks of Avangrid’s businesses.

Key Responsibilities

• Perform risk analyses of new deals including investments and PPAs.

• Investigate and help manage risk limit breaches and violations.

• Participate in annual Risk Policies and Risk Procedures revisions.

• Provide quantitative and analytical support to the business as needed.

• Assist in the production of weekly, monthly and quarterly reports of key risks and exposures.

• Answer ad hoc data requests and prepare reports/presentations on risk topics as requested.

Required Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, Engineering, or related field of study and a minimum of five (5) years of relevant experience in industry and/or risk management. An equivalent combination of education and experience may be considered.

• Familiarity with electric power and natural gas trading

• Ability to interact well with other parts of the business

• Investment and financial analysis experience

• Strong analytical, writing, and presentation skills

• Familiarity with Sungard’s Aligne/ZaiNet system is desired

• Internal and External Relationships

• This position will work closely with multiple areas within Avangrid Power including Credit, Front Office, Origination, Business and Investment Performance, Mid & Back Office, Control, Compliance, Development, and Asset Management.

Preferred Qualifications

• Master's Degree in a related field of study.

• Programming skills are desired

• ERM course study and/or certification(s)

Competencies

• Growth & Continuous Improvement

• Initiative & Change

• Focused on Results

• Customer Centric (internal and/or external)

• Communication

• Collaboration

• Leadership (people managers/leaders)

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Mobility Information

Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country.

At Avangrid we provide fair and equal employment and advancement opportunities for all employees and candidates regardless of race, color, religion, national origin, gender, sexual orientation, age, marital status, disability, protected veteran status or any other status protected by federal, state, or local law.
If you are an individual with a disability or a disabled veteran who is unable to use our online tool to search for or to apply for jobs, you may request a reasonable accommodation by contacting our People and Organization department at [email protected].

Avangrid employees may be assigned a system emergency role and in the event of a system emergency, may be required to work outside of their regular schedule/job duties. This is applicable to employees that will work in Connecticut, Maine, Massachusetts, and New York within Avangrid Network and Corporate functions.  This does not include those that will work for Avangrid Power.

Avangrid employees may also be assigned a NERC Reliability Standards compliance role supporting Critical Infrastructure Protection (CIP) and/or Operations and Planning (O&P) responsibilities. This is applicable to employees that will work in electric transmission, operations, and cyber security business areas in Connecticut, Maine, Massachusetts, and New York within Avangrid Network and Corporate business areas. NERC Reliability Standards compliance roles and responsibilities may include additional access protections, training, audit engagement, and required evidence retention, and will be communicated by the employee’s management.

Job Posting End Date: