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Manager Risk Universe & Advisory Services - Risk - Akron General Office Bldg
Manager Risk Universe & Advisory Services - Risk - Akron General Office Bldg-April 2024
Akron
Apr 1, 2026
About Manager Risk Universe & Advisory Services - Risk - Akron General Office Bldg

  FirstEnergy at a GlanceWe are a forward-thinking electric utility powered by a diverse team of employees committed to making customers' lives brighter, the environment better and our communities stronger.FirstEnergy (NYSE: FE) is dedicated to integrity, safety, reliability and operational excellence. Headquartered in Akron, Ohio, FirstEnergy includes one of the nation's largest investor-owned electric systems, more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions, and a regulated generating fleet with a total capacity of more than 3,500 megawatts.About the OpportunityThis is an open position with the FirstEnergy Service Company, a subsidiary of FirstEnergy Corp. [SC00]The position is within the Risk group and reports to the Director, Enterprise Risk Management. It is located within our five state service territory (Ohio, Pennsylvania, Maryland, West Virginia, or New Jersey). This position is designated as Remote, but will require in-person meetings in the Akron area semi-frequently, estimated at 1-2 times per quarter.The mission of the Corporate Risk team is to make risk actionable and help FirstEnergy achieve our strategic objectives. We envision a comprehensive and proactive Risk program that enables risk-informed decisions and the pursuit of opportunities. Risk management is composed of two teams: Enterprise Risk Management and Insurance Strategy & Operations. The Enterprise Risk Management team works across every area of FirstEnergy and it is expected that its leaders be agile learners, strategic thinkers, and able to execute. It is also expected that leaders on this team will invest in others and their growth in these three areas. The successful candidate will have an exciting opportunity to be part of identifying key strategic topics across every business unit and working with all business units to manage risks and take advantage of opportunities.To meet the refreshed strategy of the Corporate Risk department, a new Risk Universe & Risk Advisory Services team has been created. The primary responsibilities of this function will be:A risk assessment is an annual exercise to work across all of FE to identify and assess the top strategic risks to the business and provide assurance that they are managed. This team will execute the annual risk assessment through both a bottom-up and top-down approach to assess risks, pressure-test mitigation plans, and determine the overall risk profile of FE.Lead Risk Reviews of prioritized enterprise risks which will deep-dive the most important drivers of these risks, identify current and potential mitigation plans, and determine if there are gaps to exploit new opportunities. Recent examples of enterprise risk reviews include the topics of Climate and Customer Affordability, with a heavy 2024 calendar of additional enterprise-wide risks to review.Perform risk advisory services to support business units and senior management to continue to manage enterprise risks. The scope of risk advisory services is currently being defined, and this leader will help finalize the plans for the risk advisory services offerings. The vision for Risk Advisory services is to lead strategic projects that produce insights for the business as to how to best manage risks and capture opportunities on enterprise topics.Manage the Risk Liaison Network, which is a network of individuals seated in each of the business units who are trained in risk management processes and support FE's "risk intelligence" and ability to manage risks. This Network is being piloted in the first half of 2024, and this leader will have responsibility to convert this pilot to a full launch across FE.Continuously improve the enterprise risk management process to meet the needs of FE's business units and provide services across FE that support the ERM strategy to make risk actionableThe Manager, Risk Univ

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