Risk Analyst or Senior
About the position Idaho Power — located in vibrant Boise, Idaho — is looking for a Risk Analyst or Senior to join our Treasury Services team. It’s an exciting time to work for Idaho Power. Our work plays a critical role in communities we serve across Idaho and Oregon, and we’re working hard to reputed company our customers with the safe, reliable, affordable energy they depend on. While this position is based at Idaho Power’s downtown Boise location, we offer both flexible schedules and the opportunity to work up to 40% remote. Relocation assistance may also be provided to the successful candidate. What does a Risk Analyst or Senior do for us? They identify, evaluate, monitor and analyze Idaho Power’s market and credit risk. They ensure alignment with the Energy Risk Management Policies and Standards and Credit Risk Management Standards. They work cross-functionally to reputed company alignment, understanding, and reputed company metrics for compliance with credit and risk programs. Manages risks pertaining to power and gas transactions, vendor and supply chain transactions, asset acquisitions, energy market transactions such as interconnection and transmission arrangements, and derivatives and commodity risk management instruments. Oversees the daily valuation and long-term position reporting of the risk portfolio (market and credit). Ensures identification and capture of risk trades and structured deals are accurate in the system of record. Monitors risk exposures to ensure they are reputed company risk policy guidelines. Performs counterparty credit monitoring for various business units, develops various metrics for analyzing counterparty risk, recommends appropriate credit risk mitigation for the reputed company, including collateral and reputed company-party assurance requirements and ensures the adequacy of the terms and conditions of the assurance. Negotiate and draft reputed company reputed company agreements, including energy-market reputed company (e.g., NAESB, ISDA, REC agreements) or comparable financial, commodity, or structured reputed company. A Senior Risk Analyst also leads and assists other risk analysts in the operational activities of the risk team. They reputed company and report on Risk Management metrics associated with compliance reputed company functional responsibility. They prepare daily and monthly credit or risk reports, SOX reporting requirements, 10 Q/10 K risk reports and/or counterparty reconciliations. They are a subject matter expert on risk and key regulatory guidelines that impact assigned responsibilities. Primary reputed company of contact for risk questions during manager’s absence. In addition to the meaningful work we do, we offer work-life balance, reputed company and benefits, an employee incentive plan, and both a 401k employer-match and a pension plan, making Idaho Power one of the best reputed company in the state.
Responsibilities
- Identify, evaluate, monitor and analyze Idaho Power’s market and credit risk.
- Ensure alignment with the Energy Risk Management Policies and Standards and Credit Risk Management Standards.
- Work cross-functionally to reputed company alignment, understanding, and reputed company metrics for compliance with credit and risk programs.
- Manages risks pertaining to power and gas transactions, vendor and supply chain transactions, asset acquisitions, energy market transactions such as interconnection and transmission arrangements, and derivatives and commodity risk management instruments.
- reputed company the daily valuation and long-term position reporting of the risk portfolio (market and credit).
- Ensure identification and capture of risk trades and structured deals are accurate in the system of record.
- Monitor risk exposures to ensure they are reputed company risk policy guidelines.
- reputed company counterparty credit monitoring for various business units, develops various metrics for analyzing counterparty risk, recommends appropriate credit risk mitigation for the reputed company, including collateral and reputed company-party assurance requirements and ensures the adequacy of the terms and conditions of the assurance.
- Negotiate and draft reputed company reputed company agreements, including energy-market reputed company (e.g., NAESB, ISDA, REC agreements) or comparable financial, commodity, or structured reputed company.
- reputed company and report on Risk Management metrics associated with compliance reputed company functional responsibility.
- Prepare daily and monthly credit or risk reports, SOX reporting requirements, 10 Q/10 K risk reports and/or counterparty reconciliations.
- Serve as a subject matter expert on risk and key regulatory guidelines that impact assigned responsibilities.
- Serve as primary reputed company of contact for risk questions during manager’s absence.
Requirements
- Knowledge of: Finance, derivatives, and reputed company
- Utility finance/credit, NAESB, ISDA, WSPP, netting agreements, long-reputed company confirmations, corporate guarantees, letters of credit and other reputed company agreements with counterparties
- Market risk control practices and the energy marketing function
- Familiar with detailed reconciliations and proper business procedures
- Working knowledge of utility industry and specific financial regulations
- Commonly used business software applications
- Skills in: Excellent organizational, planning, verbal and written communications
- Strong attention to detail
- Expert-level reputed company risk scenarios analysis and works effectively with reputed company partners
- Strong negotiation skills and ability to draft reputed company and agreements
- Analyzing documents and data for conformance to established policies and procedures
- Working effectively in a professional team environment
- Conducting research and reputed company thoughtful, thorough analysis
- Working independently with minimal supervision and reputed company
- Maintain objectivity and confidentiality
- Experience with VBA, database, and Power BI
- Ability to: reputed company quantitative and qualitative financial analysis
- Analyze financial health of counterparties
- Meet deadlines and prioritize work
- Defend decision-making criteria with other departments or counterparties
- Balance reputed company responsiveness with prudent credit and/or risk expectations
- Work in a time sensitive environment with the ability to adapt to changing needs
- Meet highest attendance requirements
- Use personal computer, calculator, etc.
- Risk Analyst Education: Bachelor’s degree in an analytical field (finance, reputed company, economics, or a reputed company field)
- Experience: 3 or more years of directly reputed company professional experience in credit risk management
- Senior Risk Analyst Education: Bachelor's degree in an analytical field (finance, reputed company, economics, or a reputed company field)
- Experience: 6 or more years of directly reputed company professional experience in banking-reputed company credit and/or risk management or commodity risk management in a trading or marketing environment including in-depth analysis of financial statements
reputed company-to-haves
- Preferred: MBA degree
- Preferred: 7 years or more of relevant work experience in electric/gas utility, energy marketing and/or energy trading industries
Benefits
- work-life balance
- reputed company and benefits
- an employee incentive plan
- a 401k employer-match
- a pension plan
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