Risk Analyst or a Senior Risk Analyst

** If you are a current Idaho Power employee, please apply through the Employee Portal.

Final date to receive applications:08/26/2026 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 Risk Analyst 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 safely provide our customers with the safe, reliable, and 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.

What does a Risk Analyst or Senior Risk Analyst do for us?

Risk Analysts identify, assess, and monitor Idaho Power's market and credit risk exposures across energy trading, commodity transactions, commercial agreements, and strategic business activities. They ensure compliance with risk policies and regulatory requirements, perform valuation and exposure analysis, monitor counter party creditworthiness, and recommend risk mitigation strategies such as collateral, guarantees, and other credit support arrangements.

Senior Risk Analysts provide technical leadership for the risk function, serve as subject matter experts in market risk, credit risk, collateral management, and industry agreements (e.g., ISDA, NAESB, WSPP, and REC), mentor team members, support complex transactions and negotiations, and act as the primary risk resource in the manager's  addition to the meaningful work we do, we offer work-life balance, competitive pay and benefits, an employee incentive plan, and both a 401k employer-match and a pension plan, making Idaho Power one of the best employers in the state.

A COMPETITIVE CANDIDATE WILL HAVE Knowledge of:

Derivatives, energy trading, collateral management, finance, 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.

Collateral management practices, including assessment of unsecured exposure, collateral thresholds, negotiating credit support provisions, margining requirements, and the impact of collateral on counter party credit risk.

Skills in:

Excellent organizational, planning, verbal and written communications with 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

Conducting research and provide thoughtful, thorough analysis

Maintain objectivity and confidentiality

Experience with VBA, SQL, and Power BIAbility to:

Perform quantitative and qualitative financial analysis

Analyze financial health of counter parties

Meet deadlines and prioritize work Defend decision-making criteria with other departments or counter parties

Balance commercial responsiveness with prudent credit and/or risk expectations

Work in a time sensitive environment with the ability to adapt to changing needs MINIMUM REQUIREMENTSRisk Analyst:

Education:

Bachelor’s degree in an analytical field (finance, accounting, economics, or a related field)
Preferred:

Master of Business Administration (MBA)

Experience:

3 or more years of directly related experience credit, risk, or commodity risk management including in-depth analysis of financial statements

Preferred:

Professional experience in risk management or back-office banking operations supporting credit and risk management functions, including in-depth analysis of financial statements, evaluation of creditworthiness, risk monitoring, exposure assessment, and compliance with credit policies

Senior Risk Analyst:

Education:

Bachelor’s degree in an analytical field (finance, accounting, economics, or a related field)
Preferred:

Master of Business Administration (MBA)

Experience:

6 or more years of professional…