What are the responsibilities and job description for the Manager of Enterprise Risk position at Nebraska Public Power District?
Manager of Enterprise Risk
Nebraska Public Power District (NPPD) has an immediate opening for a Manager of Enterprise Risk located at the Columbus General Office in Columbus, Nebraska. Position closes January 10, 2025 at 11:59 p.m. Central Time.
This position will report to the Executive Vice President & Cheif Financial Officer.
Position Summary
The incumbent will report to the Chief Financial Officer (CFO). The incumbent will be responsible for providing company-wide strategic and tactical leadership in establishing the organization’s enterprise risk management framework including risk governance, risk monitoring and associated risk tolerances, risk measurement and modeling and risk strategy in alignment with the District’s risk appetite.
The incumbent will work in close cooperation with functional leaders and the executive team across the organization to help drive growth of the ERM program, achievement of goals and development and maintenance of a balanced risk framework. The incumbent will be responsible for effective risk coordination, identification, communication and influencing mitigation strategies for all major sources of risk including insurance, market, counterparty credit, operational, investment, cyber and strategic risks for the organization. The Insurance and Risk Administrator position reports to this position.
Education, Training and Experience
Bachelor's degree in engineering, accounting, finance, business, or related field is required. Master of Business Administration (MBA) is preferred.
Experience
Eight years professional level experience in risk management, accounting, economics, finance, engineering and/or internal audit is required.
Licenses and/or Certifications
Associate in Risk Management (ARM) is preferred.
Essential Duties & Responsibilities
Develop and lead overall Enterprise Risk Management (ERM) program and support and/or enhance ERM structure and governance. Contribute to and support the development of ERM programs, policies, and procedures that align with the overall strategic direction of the District.
Coordinate the development, gathering and oversight of all new and existing risks associated with all new and existing programs, projects, and activities through subject matter expert’s (SME). Collaborate with SME’s and management for annual review and update of existing risks. Acts as an internal advisor regarding risk management matters (e.g., controls, best practices, and industry developments).
Assists business units in understanding ERM regulatory responsibilities and the best practices. Build effective relationships with peers in the industry to obtain information to evaluate risk.
Develop analytical reports and presentations for the District’s Board and management. Maintain current awareness of and ensure compliance with state laws, regulations and internal policies and procedures.
Evaluates results of audits, examinations, investigations, prepares reports of findings, and suggests appropriate risk limitations to management. Facilitates formal and informal risk management meetings to address risks and gaps identified through internal risk assessment and independent assessment, audits, and other assessments.
Oversight of Insurance and Risk Administration duties. Provide oversight for, and development of, direct reports. Responsible for preparing and analyzing variances for the department’s annual budget.
Accountable for other duties as assigned.
Core Competencies
Pay Grade - 17 Monthly
Typical Pay Grade Starting Salary Range: $12,012.00 - $15,315.00
Travel Required: Up to 25% (With no or minimal overnight stays, less than 3 per month, typically within state of Nebraska) Travel required may fluctuate by business need. This is an estimate and will be discussed further with candidates that receive an interview.
Nebraska Public Power District offers a competitive starting salary and an excellent benefits package including medical and dental insurance, 401K retirement plan, paid holidays, paid vacation, paid medical, training opportunities and more.
If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please contact Human Resources at Nebraska Public Power District.
Nebraska Public Power District is an Equal Opportunity Employer
We are an Equal Opportunity Employer who values the contributions of its diverse work force. We are only legally able to hire persons who are 1) a United States citizen or national, 2) a lawful permanent resident of the United States, or 3) an alien legally authorized to work in the United States.
Benefits
Customers around the state know what to expect from NPPD — quality, reliability and performance excellence. Our values also extend to the way we take care of our employees and their families. We remain on the leading edge by providing competitive benefits that respond to the diverse lifestyles of our people in an ever-changing world.
Salary
Nebraska Public Power District offers a competitive starting salary with opportunities for growth. In addition to the base salary listed in posting, NPPD employees may also be eligible for our Annual Incentive Program (AIP) that may supplement total compensation at a level above and beyond the stated salary range.
Retirement Savings
NPPD employees may participate in two retirement plan options – a 401(k) plan and a 457(b) plan. Both plans allow for pre-tax or Roth contributions. After the first six months of employment, the 401(k) plan includes a generous matching contribution from NPPD. The five-year vesting period begins on an employee’s hire date. Our retired employees are eligible for retiree healthcare benefits as well as a life benefit paid out to designated beneficiaries upon their passing.
Health & Wellness
At NPPD, we care about the health and wellness of our employees. We offer new teammates two competitive hospital / medical plan options to fit their lifestyle and family needs. We also make an annual contribution to employee Health Savings Accounts, which can be used to offset out-of-pocket expenses. Employees and their spouse are invited to participate in a variety of wellness initiatives offered throughout the year as a way to enhance their wellness, reduce health risks and promote healthy lifestyles.
Other Benefits
Employees earn vacation on a schedule commensurate with their years of service. We also offer paid holidays as well as personal and family medical leave, including birth mother recovery leave and parental child bonding leave. All full-time employees receive a life insurance policy equivalent to two times the participant's annual salary at no cost to the employee. NPPD also offers dental and vision insurance as well as personal accident, accidental death and dismemberment, critical illness, hospital indemnity, long-term care, pre-paid legal/identity theft, and short-and long-term disability insurance plans. Additional benefits include college tuition reimbursement, relocation assistance and complimentary access to an Employee Assistance Program.
Salary : $12,012 - $15,315
