Description
Job Summary
The purpose of the Asset Risk Analyst role is to own and operate the risk tools within the Asset Knowledge Management group in support of the assigned asset class. The primary output of the risk tools will support the risk register and business planning process as well as Transmission and Distribution Integrity compliance process, which is owned by the Asset Class Owners. This role should collaborate with the asset class team to question model output and continuously look for improvements to the risk tool.
Essential Functions
- Executes processes on risk assessment tools as instructed including loading data and running risk or analytical tools.
- Learns established Risk Assessment procedures
- Works with other analysts and leaders to load, analyze, and compile data.
- Work is closely supervised, and is routine or follows standard procedures
- Uses existing procedures to solve routine or standard problems
- Support the development, population, maintenance, and use of each asset class risk register in partnership with Asset Class Owners
- Perform probabilistic analysis for the assets assigned and quantify risk scores in a way that can be compared across asset classes
- Prepare risk tool outputs that translate technical details into actionable insights that inform senior leadership's decision making
- Perform risk tool maintenance and execute continuous tool improvement efforts as the application owner
- Collaborate with Data Owners and Asset Program Owner(s) on recommended changes to improve asset data availability and quality, bringing the perspective on how the change will improve risk modeling capabilities
- Collaborate with Asset Risk Analysts supporting other asset classes to understand their model improvements opportunities and to understand model outputs to consider transfer risks between asset classes
- Stay current on leading industry practices for risk assessment, including learning from other industry applications of risk modeling approaches to gain insights from more mature industries
Asset Risk Analyst 1
Required Qualifications For Position
- Bachelor's Degree in job-related discipline
- 0-3 years Experience
- Data analysis or programming experience
- Experience building and/or using complex quantitative models
- Proven ability to work across departments collaboratively to resolve issues, drive issues to closure, achieve desired results/goals, and/or implement change as needed
- Excellent oral, written, presentation and listening communication skills
- Ability to understand and analyze tabular and geospatial data
Preferred Additional Qualifications for Position
- Graduate Degree in job-related discipline or equivalent experience
- Experience building and/or using probabilistic models
- Experience working with Business Intelligence tools
- Experience in programming or coding (Python, R, SQL, etc)
Contact
Nisource, Inc.
801 E 86th Ave
Merrillville
Indiana United States
www.nisource.com
From the same organization
9 Feb, 2025
