Analyst III - Risk - Akron FirstEnergy Headquarters

First Energy at a Glance

We are a forward-thinking electric utility powered by a diverse team of employees committed to making customers’ lives brighter, the environment better and our communities stronger.

First Energy (NYSE: FE) is dedicated to integrity, safety, reliability and operational excellence. Headquartered in Akron, Ohio, First Energy includes one of the nation's largest investor-owned electric systems, more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions, and a regulated generating fleet with a total capacity of more than 3,500 megawatts.

This is an open position with First Energy Service Co., a subsidiary of First Energy Corp.

This position is located ON-SITE at the First Energy Corp Headquarters in Akron, OH.

The selected candidate may be offered a position within the same job family, at a level that is lower than what was posted. This will be determined based upon the results of the interview process which considers the candidate’s skills, work history, experience level, and other relevant qualifications.

The position is within the Risk group and reports to the Director, Enterprise Risk Management. It is located onsite within our five-state service territory (Ohio, Pennsylvania, Maryland, West Virginia, or New Jersey).

The mission of the Corporate Risk team is to make risk actionable and help First Energy achieve our strategic objectives. We envision a comprehensive and proactive Risk program that enables risk-informed decisions and the pursuit of opportunities. Corporate Risk is composed of two teams:
Enterprise Risk Management (ERM) and Insurance Strategy & Operations. The Enterprise Risk Management team works across every area of First Energy and it is expected that its contributors be agile learners, strategic thinkers, and able to execute. The successful candidate will have the opportunity to be part of identifying key strategic topics across multiple business units and working with them to manage risks and take advantage of opportunities.

The strategy of the ERM team is met through several key responsibilities, each of which will be supported by this position:

• Support and/or lead portions of the enterprise risk assessment, which is an annual exercise to work across all of FE to identify and assess the top strategic risks to the business and provide assurance that they are managed. This team executes the annual risk assessment through both a bottom-up and top-down approach to assess risks, pressure-test mitigation plans, and determine the overall risk profile of FE.
• Support and/or lead Risk Reviews of prioritized enterprise risks which will deep-dive the most important drivers of these risks, identify current and potential mitigation plans, and determine if there are gaps to exploit new opportunities.
• Perform risk projects to support business units and senior management to continue to manage enterprise risks by producing insights for the business as to how to best manage risks and capture opportunities on enterprise topics.
• Support and/or lead the enterprise risk management program within one or more of FE’s business segments (OH, PA, NJ, WV/MD, and/or FE Transmission) by working with risk owners within each of these segments to support FE’s “risk intelligence” and ability to manage risks.
• Identify and implement continuous improvement opportunities to mature the enterprise risk management program to meet the needs of FE’s business units and provide services across FE that support the ERM strategy to make risk actionable.

The successful candidate will have responsibility for various projects across the ERM program and will:

• Have solid knowledge of FE’s business and strategic objectives and ability to apply that…