Mgr, Risk Control

Basic Purpose

Develops and implements energy risk management processes throughout NVE. Establishes uniform standards within the company for risk assessment and measurement, risk expansion in additional functional areas, and evaluation techniques. Develops and implements advanced statistical modeling tools and techniques to measure and report on risks throughout the Company.

Essential Duties and Responsibilities

. Assists in the development, implementation and periodic review of energy risk management policies and procedures for effectiveness

. Provides analysis of energy supply portfolio risk reports and assesses various risk components. Reviews and validates valuation models/algorithms and assumptions

. Manages credit risks; establishes credit policies and approves counterparty credit limits

. Oversees the design and implementation of market risk and credit risk measurement and methodologies

. Monitors compliance to policies and guidelines, communicates any deviations and exceptions to the appropriate authority

. Develops quantitative and qualitative assessments and measures actual performance against corporate risk management policies, procedures and agreements

. Manages the Credit Risk function, sets overall strategic direction, directs staffing efforts, and prepares and is accountable for fiscal budgets

. Provides leadership, guidance, performance feedback and coaching to Credit Risk staff to ensure expected results are achieved

. Provides education and advice to the Company on risk management issues

. Assists in the development of uniform standards within the Company for risk assessment and measurement, including reporting requirements and evaluation techniques

. Participates in review of energy supply planningand energy supply cost forecasting.

Performs related duties as assigned.

.

Essential Education, Skills, and Environment

Education and Work Experience

Bachelor's degree in Mathematics, Statistics, Operations Research, Engineering, Finance, Economics, Business or a related field and 6+ years of related experience with at least 2 years in a supervisory capacity, or an equivalent combination of education and experience.

Specialized Knowledge and Skills

Advanced knowledge of Risk Management. Excellent experience in financial, energy trading or other risk management areas. Understanding of energy industry risk management issues and practices, credit risk management, risk management accounting, regulatory issues and analytical tools and techniques.

Strong problem-solving and verbal and written communications skills. Ability to explain portfolio analysis to a diverse management team.

Equipment and Applications

Experience with analytical tools and advanced modeling and mathematical experience. PCs, word processing, spreadsheet and database software.

Work Environment and Physical Demands

General office environment. Overnight travel required.

.

NV Energy is looking for qualified people to join us in one of the premier energy companies in the West. Located in the fastest growing state in the United States, NV Energy provides electricity to 1.3 million customers throughout Nevada as well as a state tourist population exceeding 40 million annually. Among the many communities we serve are Las Vegas, Reno-Sparks, Henderson, Elko and South Lake Tahoe. We also provide natural gas to more than 155,000 citizens in the Reno-Sparks area.

At NV Energy, we celebrate diversity, equity and inclusion. NV Energy is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, medical condition, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law.