American Electric Power→
Risk Management Analyst at American Electric Power in Columbus, OH
Entry LevelOn-siteFull-timeColumbus, OH$75k–$93k/yr
Skills
risk managementportfolio margin analysistradingforecastingmodelingexcelsqlmicrosoft power querysarbanes oxley compliance
Job Description
Summary: American Electric Power is a dedicated energy company committed to delivering safe and innovative energy solutions. The Risk Management Analyst supports day-to-day risk control and strategic hedging by producing timely position and profit/loss reporting across the unregulated portfolio to inform trading, origination, and commercial decisions.
Responsibilities:
- Provide support for daily reporting on profit/loss and position changes associated with our energy related commodity portfolios
- Participate in the reconciliation of margin accounts for cleared instruments and validation of daily margin requirements
- Work with the Trading group to resolve issues and/or discrepancies with the risk book portfolio and mark to market earnings
- Contribution to the analysis of the financial and physical commodity positions and market prices to ensure accuracy in the trade books through various reports and other tools
- Comply with Sarbanes Oxley requirements including quarterly updates and annual audits
- Build and maintain tools to automate reconciliations and reporting to increase analytical capacity
Required Qualifications:
- Bachelor's degree required in business discipline such as Finance, Accounting, Economics, Math etc. Other degrees will be considered based on experience
- Experience of 1-2 years in the Portfolio Margin Analyst position or equivalent experience in trading, forecasting or modeling or equivalent
- Provide support for daily reporting on profit/loss and position changes associated with our energy related commodity portfolios
- Participate in the reconciliation of margin accounts for cleared instruments and validation of daily margin requirements
- Work with the Trading group to resolve issues and/or discrepancies with the risk book portfolio and mark to market earnings
- Contribution to the analysis of the financial and physical commodity positions and market prices to ensure accuracy in the trade books through various reports and other tools
- Comply with Sarbanes Oxley requirements including quarterly updates and annual audits
- Build and maintain tools to automate reconciliations and reporting to increase analytical capacity
Preferred Qualifications:
- Intermediate Excel skills with SQL and Microsoft Power Query a plus
- Excellent oral and written communication with the ability to communicate complex issues to multiple stakeholders
- Provide accurate information in a fast paced and dynamic environment while observing critical deadlines
- This position will require some late nights to meet business demands (past 6:00 p.m.)
- Physical demand level is Sedentary
Required Skills: Risk management, Portfolio margin analysis, Trading, Forecasting, Modeling, Excel, SQL, Microsoft Power Query, Sarbanes Oxley compliance