Risk Analyst or Senior

If you are a current Idaho Power employee, please apply through the Employee Portal ($9.htmld).

Final date to receive applications:

02/24/2026 at 11:59 pm Mountain Time

# of Positions:

1

Job Type:

Regular

Job End Date:

Exemption Status:

Exempt

Pay Range:

$89,668.80 - $

Minimum Age Requirement:

Job Description:

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 provide 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.

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 gain alignment, understanding, and develop 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 within risk policy guidelines. Performs counter party credit monitoring for various business units, develops various metrics for analyzing counter party risk, recommends appropriate credit risk mitigation for the enterprise, including collateral and third‑party assurance requirements and ensures the adequacy of the terms and conditions of the assurance.

Negotiate and draft complex commercial agreements, including energy‑market contracts (e.g., NAESB, ISDA, REC agreements) or comparable financial, commodity, or structured contracts.

A Senior Risk Analyst also leads and assists other risk analysts in the operational activities of the risk team. They develop and report on Risk Management metrics associated with compliance within functional responsibility. They prepare daily and monthly credit or risk reports, SOX reporting requirements, 10 Q/10 K risk reports and/or counter party reconciliations. They are a subject matter expert on risk and key regulatory guidelines that impact assigned responsibilities.

Primary point of contact for risk questions during manager’s absence.

• Finance, derivatives, and accounting
• Utility finance/credit, NAESB, ISDA, WSPP, netting agreements, long‑form confirmations, corporate guarantees, letters of credit and other related agreements with counter parties
• 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

• Excellent organizational, planning, verbal and written communications
• Strong attention to detail
• Expert‑level complex risk scenarios analysis and works effectively with internal and external partners
• Strong negotiation skills and ability to draft contracts and agreements
• Analyzing documents and data for conformance to established policies and procedures
• Working effectively in a professional team environment
• Conducting research and provide thoughtful, thorough analysis
• Working independently with minimal supervision and intervention
• Maintain objectivity and confidentiality
• Experience with VBA, database, and Power BI

• Perform quantitative and qualitative financial analysis
• Analyze financial health of counter parties
• Meet deadlines and prioritize work
• Defend decision‑making criteria with other…