NiSource

Manager, Risk


Pay$107000.00 - $160500.00 / year
LocationColumbus/Ohio
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: R00934603

      Job Title: Manager Risk

      Job Code: 104447

      Job Summary

      The Risk Manager is responsible to foster balance between the company’s risk exposure and revenue generation through proactive risk assessment, quantification, mitigation and reporting. The manager also serves as an integrated member of RISE contributing on assigned projects as needed.

      Principal Duties and Responsibilities

      • Develop quantification tools, processes, and reports to capture enterprise wide risk events and scenarios

      • Work with risk owners in building risk registries and developing effective mitigation plans

      • Coordinate with business risk owners in developing Risk Management Committee (RMC) discussion topics around key risks and initiatives

      • Lead/perform targeted risk assessments which integrate with other enterprise processes such as Risk Informed Budget Allocations (RIBA) and the business planning process

      • Manage consulting relationships in regard to budget and implementation deliverables as appropriate

      • Direct analysis and data mining initiatives that identify, validate, and manage emerging risk exposures

      • Assist in preparing enterprise risk management updates to the Audit Committee

      • Adapt existing methods and procedures to solve complex problems

      • Monitor derivative hedge positions across the enterprise including reconciling derivative purchases to state approved hedge plans

      • Develop or update risk management policies and procedures

      • Participate in ERM risk workshops and present/facilitate training

      • Provide cross-functional support and engagement in alignment with strategy, insurance and credit key initiatives,

      Required Qualifications for Position

      • Bachelor’s degree in Business, Finance, Engineering, Statistics or technical discipline or equivalent experience

      • Technical background in risk management techniques, commodity market instruments, COSO governance and MISO compliance.

      • Strong collaborative and decision making skills

      • Excellent financial analysis and modeling skills including experience performing risk quantification assessment

      • Demonstrated record in managing complex tasks and issues

      • Proven ability to lead and coordinate projects and manage multiple priorities

      • Ability to interact with all levels within the organization

      • Strong communication skills including executive presentation experience

      • Willingness to take on responsibility and challenging work assignments

      Preferred Additional Qualifications for Position

      • Five + years relevant work experience in risk management, strategy, predictive analytics or related discipline

      • Advanced degree (MBA, CPA, statistics, or similar)

      Disclaimer

      The preceding description is not designed to be a complete list of all duties and responsibilities required of the position.

      Inclusion & Diversity
      Value inclusion within your day to day responsibilities by respecting others perspectives/convictions, engaging others opinions, creating a safe environment where people, ideas, and opinions are valued within your Team/Customers and external partners.

      Respect and take into consideration diversity within your Team/Customers and external work partners by valuing different world views, challenges, and cultures that represent all walks of life and all backgrounds.

      Treat others with respect and consideration. Actively participate in creating and contributing to a positive work environment.

      Equal Employment Opportunity
      NiSource is committed to providing equal employment opportunities in each of its companies to all employees and applicants for employment without regard to race, color, religion, national origin or ancestry, veteran status, disability, gender, age, marital status, sexual orientation, gender identity, genetic information, or any protected group status as defined by law. Each employee is expected to abide by this principle.

      By applying, you may be considered for other job opportunities.

      Safety Statement
      Promote a safe work environment by actively participating in all aspects of our employee safety program. Report any unsafe conditions and take actions to prevent personal injuries. Support our interdependent safety culture by ensuring the safety of your co-workers. Stay focused on the task at hand and promote productivity through good work habits.

      Salary Range:

      $107,000.00 - $160,500.00

      Posting Start Date:

      2024-02-26

      Posting End Date (if applicable):

      Please note that the job posting will close on the day before the posting end date.

  • About the company

      NiSource Inc. 5 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands.