JOB SUMMARY
The Enterprise Risk Management (ERM) Analyst supports the organization's risk management program by identifying, analyzing, and quantifying risks that could impact strategic objectives. Working closely with risk owners and business units across the enterprise, the ERM Analyst provides data-driven insights and recommendations that enable informed, risk-aware decision-making at all levels of the organization.
JOB DUTIES
- Understands and applies principles, theories and concepts related to the profession and ERCOT's culture.
- Exercises judgment within defined procedures and practices to determine appropriate action.
- Impact is generally limited to specific assignments or projects.
- May respond to inquiries and/or provide assistance and/or guidance to lower level workers.
ADDITIONAL JOB DUTIES
- Lead enterprise-wide risk identification and assessment initiatives, designing methodologies appropriate to the scope and complexity of each engagement.
- Analyze strategic, operational, financial, and reputational risks, including interdependencies and cascading effects.
- Evaluate organizational risk tolerance levels in partnership with leadership, translating concepts into actionable thresholds.
- Design and oversee sophisticated quantitative models, sensitivity analyses, and value-at-risk calculations.
- Lead scenario planning and stress testing exercises, linking risk outcomes to business performance metrics.
- Own development of senior leadership and board-level risk reporting, ensuring content is accurate, insightful, and decision-relevant.
- Act as primary ERM liaison for senior business unit leaders, providing subject matter expertise and strategic risk guidance.
- Lead cross-functional working groups for enterprise risk projects, coordinating across business units, corporate functions, and external advisors.
- Advise senior risk owners on mitigation strategy design, ensuring plans are measurable and aligned with strategic priorities.
- Contribute to the development and periodic review of enterprise risk policy and supporting procedures.
- Mentor and provide quality assurance review for other team members.
- Lead complex, multi-workstream ERM projects, managing timelines, resources, and stakeholder expectations.
EXPERIENCE- Requires minimum 5 years job related work experience in excess of degree requirements
EDUCATION- Bachelor's Degree : Finance, Engineering, Economics or related field (Required)
- or a combination of education and experience that provides equivalent knowledge to a major in such fields is required
CERTIFICATION- PMP Project Management Professional (Preferred)
- Any risk management certification preferred.
WORK LOCATION - Taylor, TX:
- Employees will be required to be on-site in Taylor, TX at minimum 2 days per week, or more, as needed based on the business needs as determined by management
- On-site schedules are flexible or may be rotated based on business needs as determined by the Manager
- Remote work is required to be performed from your Texas residence.
- Employees may opt to work on-site more than required or 100% of the time
The foregoing description reflects the minimum qualifications and the essential functions of the position that must be performed proficiently with or without reasonable accommodation for individuals with disabilities. It is not an exhaustive list of the duties expected to be performed, and management may, at its discretion, revise or require that other or different tasks be performed as assigned. This job description is not intended to create a contract of employment with ERCOT. Both ERCOT and the employee may exercise their employment-at-will rights at any time. #LI-DN
Expected Salary Range:
$93,000 - $127,000
