Asset Risk Analyst - NiSource

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)    

Physical Demands
The preceding description is not designed to be a complete list of all duties and responsibilities required of the position.

Asset Risk Analyst 2

Required Qualifications For Position

•   Bachelor’s Degree in job-related discipline
•   Experience building and/or using complex quantitative models  
•   3-7 years of experience  
•   Data analysis, programming, risk analysis, utility knowledge, GIS  
• 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  
• Has basic knowledge of job procedures and tools obtained through work experience  
• Ability to analyze tabular and geospatial data. Debug existing models and data sources. Incorporate data sources into modeling.  

Preferred Additional Qualifications for Position

•   Graduate Degree in job-related discipline or equivalent experience  
•   Experience building and/or using probabilistic models  
•   Leadership experience  
•   Experience working with Business Intelligence tools    
• Experience in programming or coding (Python, R, SQL, etc)    

Physical Demands
The preceding description is not designed to be a complete list of all duties and responsibilities required of the position.

Sr Asset Risk Analyst

Essential Functions

• Owns risk assessment process. Owns building and updating of models. Owns building and maintaining dashboards.
• Owns development and maintenance of Risk Assessment Procedures
• Works with business partners, Asset Class Owners, and Subject Matter Experts to drive risk informed decision making across NiSource.
• 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
• Solves difficult  and non- routine problems that require analysis to understand
• Works under limited supervision for non-routine situations, and may be responsible for leading daily operations including training, delegating and reviewing the work of lower-level employees

Required Qualifications For Position

•   Bachelor’s Degree in job-related discipline
•   Job-related experience, 7+ years  
•   Data analysis, programming, utility knowledge, GIS, integrity management, business intelligence dashboard development, strong science and mathematics background, leadership   
•   Experience building and/or using complex quantitative models     
• Ability to analyze tabular and geospatial data. Incorporate data sources into modeling. Build and debug models from scratch. Satisfy ad-hoc data analysis requests. Obtain and model data from non-standard sources. Work across departments to support risk reduction goals.  
• Has advanced knowledge of operational procedures and tools obtained through extensive work experience and may require vocational or technical education.  
• 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  

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)    
•   Leadership experience  

Physical Demands
The preceding description is not designed to be a complete list of all duties and responsibilities required of the position.

Work Authorization

Authorized to work in the United States without requiring sponsorship.

Inclusion & Diversity 
Value inclusion within your day to day responsibilities by respecting others perspectives/convictions, engaging others opinions, creating a safe environment where people, ideas, and opinions are valued within your Team/Customers and external partners.

Respect and take into consideration diversity within your Team/Customers and external work partners by valuing different world views, challenges, and cultures that represent all walks of life and all backgrounds.

Treat others with respect and consideration. Actively participate in creating and contributing to a positive work environment.

Equal Employment Opportunity 
NiSource is committed to providing equal employment opportunities in each of its companies to all employees and applicants for employment without regard to race, color, religion, national origin or ancestry, veteran status, disability, gender, age, marital status, sexual orientation, gender identity, sex (including pregnancy, lactation, childbirth or related medical conditions), genetic information, citizenship status, or any protected group status as defined by law. Each employee is expected to abide by this principle.

By applying, you may be considered for other job opportunities. 

Salary Range:

$65,900.00 - $136,600.00

Posting Start Date:

2024-11-08

Posting End Date (if applicable):

2024-11-08
Please note that the job posting will close on the day before the posting end date.