Leads efforts to identify, measure, and monitor the Company's risk in how its transactions and infrastructure function. Serves as the subject matter expert to promote and augment awareness across the Company for Enterprise Risk Management (ERM), and help integrate risk management into the organization. Responsible for understanding the scope of the potential risk factors that could affect the operations of organization. Contributes to the overall quality of risk management across the Company by calculating, evaluating and providing written commentary upon various risks at an enterprise level.
Support the Chief Risk Officer in collaborating with management in the respective business units to comprehend and measure evolving risk and risk moderation strategies as measured within the board approved risk appetite.
Develop educational resources for the sole purpose of educating stakeholders, mechanisms of the enterprise risk management framework, universal risk parameters, risk -specific parameters, and key risk indicators (KRI).
Collaborate with risk owners to comprehend key risk indicators (KRI) that have been planned and applied in order to quantify the variety of current and future risk compared to recognized risk parameters field such as capacity, target, or tolerance linked with the respective risk defined parameters.
Serves as the subject matter expert in developing and maintaining models to evaluate and quantify risks to assess the potential impacts on the organization.
Report on the current assessed level of risk and document recommendations on managing risks. Contribute to risk reporting initiatives such as process improvement and technology efforts to enhance efficiency and/or accuracy of reporting.
Assist in developing and implementing measurement components of the ERM framework.
Help build, design and implement various methodologies, measures, model and dashboards for risk compliance
Construct reviews and quarterly profiles for presentation to the ERMC (enterprise risk management committee) and produce ad hoc reports for the executive team and board committee(s) as required
Utilize existing/generate new complementary measures that back and update key risk indicators (KRI) in order to deliver superior transparency around risk causes and risk motivators.
Characteristics & Qualifications:
BS, Business Administration, Economic, Finance or equivalent work experience
Prior enterprise risk management experience working within an energy and/or utility environment preferred.
At least 5 years of experience of working experience
2+ years of leadership experience in a managerial/supervisory role.
Ability to develop strong relationships with multiple departments and divisions
Ability to work in a team environment as a team member or as team leader
MBA, Business Administration
5-10 years of leadership experience in a managerial/supervisory role.
Ability and desire to build relationships and interact with a wide range of stakeholders and staff to maintain and enhance PJM’s customer service reputation
Experience with PJM operations, markets, and planning functionsSee More
Valid through: 12/7/2020