Performs a second line of defense oversight function. Maintains and implements the enterprise-wide risk management framework. Supports business to identify and characterize risks (enterprise, operational, emerging, market, commodity, credit) and provides second level assurance that the business effectively manages risk within the Risk Appetite Statement. Works to optimize the organization's insurance coverage and manages the workers compensation program. Performs risk analysis and modelling to assess probability of specific market, commodity, and credit risks occurring and evaluate / value the impact / consequences of occurrence. Manages and engages business to advance enterprise-wide resilience programs and frameworks.
Establishes risk frameworks, policies and procedures implemented across NYPA and Canals necessary to perform effective risk management. Ensures administration of the Executive Risk and Resiliency Management Committee and provides Board of Trustee presentation materials for the Finance and Risk Committee Meetings. Updates and maintains the Authority’s risk profile by capturing and reporting of operational and enterprise level risks. Manages and implements the risk management framework and underlying processes across the Authority’s risk portfolio focusing on enterprise and operational risks. Engages with the business units to provide an effective challenge and to ensure the first line of defense manages risks in accordance with the established risk framework and within the Authority’s Risk Appetite. Performs risk analysis, monitoring, and reporting using risk process and systems capturing information in risk registers.
Education, Experience and Certifications Bachelor’s degree in Business Administration, Finance, Accounting, or Economics. A minimum of 3 years directly relevant experience with risk analysis, integration of business processes and development/implementation of enterprise risk programs is required.
Physical Requirements Flexibility to work overtime, as needed, will be required. Valid US driver’s license Ability to travel within NYS (up to 25%)
The New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The estimated salary range for this position is: $74,340.00 - $102,220.00. The salary offered will be determined based on the successful candidates’ relevant experience, knowledge, skills, and abilities.
The New York Power Authority and Canal Corporation believes that diversity, equity, and inclusion drive our success, and we encourage women, people of color, LGBTQIA+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents and veterans to apply. As an equal opportunity employer, NYPA/Canals is committed to building inclusive, innovative work environments with employees who reflect communities across New York and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race/color, creed/religion, national origin, citizenship or immigration status, age, disability, military status, gender/sex, sexual orientation, gender identity/expression, pregnancy and related conditions, familial/marital status, domestic violence victim status, predisposing genetic characteristics, arrest/criminal conviction record or any other category protected by law.
NYPA/Canals will also provide reasonable accommodations during the hiring process related to candidates’ disabilities, pregnancy-related conditions, religious observances/practices and/or domestic violence concerns. To request an accommodation, please email accessibility@nypa.gov.