Risk Analyst | Risk Control Management

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Date: Dec 11, 2024

Location: PHOENIX, AZ, US, 85004-3903

Company: APS

Our present and future success depends on the creative and dedicated people of our company who demonstrate the principles outlined in the APS Promise: Design for Tomorrow, Empower Each Other and Succeed Together.

Summary

Risk Analyst | Risk Control Management

Are you passionate about risk management and data-driven decision-making? As a Risk Analyst within our Risk Control Management team, you will play a key role in ensuring the accurate recording, valuation, and risk measurement of transactions while supporting enterprise risk initiatives. Your expertise will contribute to the integrity of market operations and the automation of critical risk tools.

What your day would be like:

You are responsible for:

+ Transaction Valuation & Risk Measurement: Ensure proper recording and evaluation of Power Marketing and Trading Group transactions, maintaining accurate risk metrics.

+ Market Data Management: Obtain and record daily market prices and volatilities, ensuring the timely and precise entry of this data into risk management systems.

+ Enterprise Risk Automation: Support enterprise risk management through the development and automation of risk tools and the generation of insightful reports.

+ Special Projects: Tackle unique assignments as directed by management, contributing to continuous process improvement and operational excellence.

The kinds of people we want to talk to have done many of the following:

+ Analytical Expertise: Strong analytical skills with experience in recording, valuing, and measuring trading transactions or market data.

+ Risk Management Knowledge: Familiarity with risk control processes and tools, particularly in energy trading or similar environments.

+ Data Proficiency: Proficient in managing large datasets and ensuring accurate entry into risk management systems.

+ Detail-Oriented Mindset: A meticulous approach to data recording and reporting, ensuring the highest levels of accuracy and reliability.

+ Adaptability: Ability to manage special assignments and contribute to cross-functional projects with a focus on automation and efficiency.

Take the next step in your career and apply now to join our team as a Risk Analyst. Help us drive precision, innovation, and excellence in risk control management!

Minimum Requirements

Risk Analyst | Risk Control Management

+ Bachelor's degree in Accounting, Economics, Mathematics, Statistics, Engineering, or Finance

+ AND two (2) years' related professional level experience or an equivalent combination of education and experience from which comparable knowledge, skills and abilities have been acquired.

+ Requires strong analytic and problem solving skills and, above all, an attention to detail.

+ Current experience in utility operations preferred.

+ Proficient computer skills including a thorough knowledge and applied use of Microsoft Office.

+ Knowledge of VBA is a plus.

Major Accountabilities

1) Responsible for trading control through the review of transactions recorded by the traders to ensure that they reconcile to system records on a daily basis.

Performs a formal check out process of positions, and resolves reconciling items with proper documentation support to ensure data integrity in the risk management system.

2) Marks positions to market using end of day market prices, volatilities, and approved valuation methodologies.

Pepare independent daily forward curves applying internal methodologies.

3) Monitor and ensure compliance with hedging policies, procedures and guidelines.

4) Perform risk model development to support Enterprise Risk Management and/or various other groups in APS

5) Perform analytics around collateral exposure, cash positions, market stresses with a detailed understanding of existing thresholds related to different counterparties and APS.

6) Assist with stochastic, scenario and sensitivity risk analysis.

Export Compliance / EEO Statement

This position may require access to and/or use of information subject to control under the Department of Energy's Part 810 Regulations (10 CFR Part 810), the Export Administration Regulations (EAR) (15 CFR Parts 730 through 774), or the International Traffic in Arms Regulations (ITAR) (22 CFR Chapter I, Subchapter M Part 120) (collectively, 'U.S. Export Control Laws'). Therefore, some positions may require applicants to be a U.S. person, which is defined as a U.S. Citizen, a U.S. Lawful Permanent Resident (i.e. 'Green Card Holder'), a Political Asylee, or a Refugee under the U.S. Export Control Laws. All applicants will be required to confirm their U.S. person or non-US person status. All information collected in this regard will only be used to ensure compliance with U.S. Export Control Laws, and will be used in full compliance with all applicable laws prohibiting discrimination on the basis of national origin and other factors. For positions at Palo Verde Nuclear Generating Stations (PVNGS) all openings will require applicants to be a U.S. person.

Pinnacle West Capital Corporation and its subsidiaries and affiliates ('Pinnacle West') maintain a continuing policy of nondiscrimination in employment. It is our policy to provide equal opportunity in all phases of the employment process and in compliance with applicable federal, state, and local laws and regulations. This policy of nondiscrimination shall include, but not be limited to, recruiting, hiring, promoting, compensating, reassigning, demoting, transferring, laying off, recalling, terminating employment, and training for all positions without regard to race, color, religion, disability, age, national origin, gender, gender identity, sexual orientation, marital status, protected veteran status, or any other classification or characteristic protected by law.

For more information on applicable equal employment regulations, please refer to EEO is the Law poster. Federal law requires all employers to verify the identity and employment eligibility of every person hired to work in the United States, refer to E-Verify poster. View the employee rights and responsibilities under the Family and Medical Leave Act (FMLA). Arizona Public Service is a smoke free workplace.

Hybrid Role:

Employees in hybrid roles will work both in their home offices and alongside their colleagues at an APS facility or other work location for meaningful in person engagement.

As of January 2025, hybrid-role employees will be asked to work about 40% of their time in person at an APS or other (non-home office) location.

*Employees in Hybrid roles are required to reside in Arizona (or NM for Four Corners-based employees). Role types are subject to change based on business need.