About us

Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry. 
  

To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business. 
 

About the Role

The Analyst – Policy and Compliance reports to the Manager Qualitative Risk and Compliance.  The Analyst – Policy and Compliance plays a key role in ensuring the organization's energy procurement risk management policies, and strategies are in compliance with applicable state/federal regulations, and strategic imperatives of the organization.  This position will be instrumental for driving the company’s qualitative energy procurement risk management framework forward inline with best practice. 

 

This role provides a direct support for communication with internal/external auditors and compliance with their requests and deadlines. This role will work closely with the other members of Risk Management team to ensure the timeliness and quality of their responses to audits and compliance requirements such as SOX, Dodd-Frank and EMIR. This role will be also responsible for transaction confirmations, contracts and indices reporting processes.
 
 

What You'll Do Maintain and monitor Energy Risk control framework. Manage daily risk control processes. Manage transaction Confirmation process (including daily, monthly, Asset Management Agreements, RFP trades, Monthly capacity auctions, NYSERDA trades, Renewable Energy Credit trades and other complex deals) via eConfirm or manually. Work closely with traders verifying accuracy of the trading tickets and Allegro deal entries.  Maintain Allegro trade modification spreadsheet and Late entry spreadsheet as per control framework and monitor trader errors.  Manage internal and external audits including tracking of agreed management actions Coordinate risk management committee meetings and documentation requirements. Perform secretary functions at all meetings.  Analyze and manage documentation of transaction strategies proposed by energy traders Assist Manager in the development and implementation of risk policies/procedures Assist with commodity contract administration, including negotiation of financial and physical master agreements Coordinate quarterly financial reporting activities and produce EPRM final document Communicate with external and internal stakeholders including vendors. Process invoice payments 

 

 

What You'll Need

 

Experience with auditing processes Bachelor’s degree in Finance, Accounting or Economics required, MBA or Master’s degree in Finance, Accounting, Economics, or Busines Analytics preferred Minimum of 3 years of compliance work experience Strong organizational and communication skills Proficiency in Microsoft Office 

 

It'd be great if you had:

Knowledge of 

    Allegro® Horizon Energy Transaction Risk Management system     Allegro®, ICE Trade Vault®     ICE Trade Vault® is a significant plus     North East Power and Natural Gas markets     Power, Natural Gas, Renewables transaction including Asset Management Agreement confirmation process and daily/monthly indices reporting processes.      Energy Risk Management and Compliance

 

Familiarity with:

    Energy contracts such as ISDAs, NAESBs, and MPAs     Energy Risk Management compliance requirements including SOX, Dodd-Frank, and EMIR MBA or Master’s degree in Finance, Accounting, Economics, or Business Analytics

 

More Information

#LI-NK1 #LI-HYBRID #LI-ENERGY #LI-ALLEGRO

Annual Salary

 

$91,000-$107,000 

 

This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.

 

National Grid is an equal opportunity employer that values a broad diversity of talent, knowledge, experience and expertise.  We foster a culture of inclusion that drives employee engagement to deliver superior performance to the communities we serve.  National Grid is proud to be an affirmative action employer. We encourage minorities, women, individuals with disabilities and protected veterans to join the National Grid team.