Risk Management Analyst Commercial Operations Associate
- American Electric Power
- Columbus, Ohio
- Full Time
Job Posting End Date
06-28-2025Please note the job posting will close on the day before the posting end date.
Job Summary
This position supports AEP Energy. Responsibilities include updating contract data and forecasting the position and gross margin of the electric booked business; improving current knowledge and understanding of market trends, electric supply, and fundamentals across various RTOs; and maintaining and auditing the completeness of the retail supply company's portfolio of signed contracts.Job Description
American Electric Power (Nasdaq: AEP) was named on Forbes magazines Americas Best Large Employers 2025 list
What You'll Do:
Analysis
Perform daily maintenance of risk positions and market deal valuations.
Research market changes and regulatory filings.
Perform ad hoc analysis to determine customer usage behavior and impacts to pricing and performance of booked business.
Coordinate with Pricing and Usage Data Management teams to implement and maintain usage profiles in the Risk database.
Recommend and test enhancements to Risk systems and processes.
Reporting
Execute required SOX and business controls for volumetric tracking across Risk, Pricing, and Billing systems.
Audit contract data to ensure optimal data integrity and financial forecasting accuracy.
Devise and generate custom reports out of risk database.
Compliance
Coordinate the filing of Renewable Portfolio Stanard and Green-E requirements.
Ensure compliance with (EIA) Environmental Impact Assessment and other governmental reporting requirements.
What We're Looking For:
Education/Experience: Bachelor's Degree required in business discipline such as Finance, Accounting, Economics, Math etc. Other degrees will be considered based on experience.
Experience: One year of energy experience in an analytical is a plus; but not required.
Other Must Haves:
Accreditation would be a plus.
The ideal candidate will have at least 2 years of experience.
Excellent oral and written communication with the ability to communicate complex issues to multiple stakeholders.
Must be able to provide accurate information in a fast paced and dynamic environment while observing critical deadlines.
Some late nights required (past 6:00 PM).
Intermediate Excel skills (pivot tables, lookups, complex spreadsheet design).
Effective problem-solving skills: ability to work from concept to analytics, identify alternatives and develop unique solutions.
An inquisitive and investigative attitude; Interest in energy industry, specifically deregulated electricity and natural gas.
SQL and VBA skills a plus with an interest to further develop skills.
Where You'll Work:
AEP Headquarters (Onsite): 1 Riverside Plaza, Columbus OH 43215
What You'll Get:
Expected Salary Range: $62,000.00-$65,000.00.00 (USD)
Compensation Data
Compensation Grade:
SP20-005Compensation Range:
$61,647.00-77,057.50 USDThe Physical Demand Level for this job is: S Sedentary Work: Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently. (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.
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It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all respects of the employer-employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers, discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, veteran or military status, disability, genetic information, or any other basis prohibited by applicable law. When required by law, we might record certain information or applicants for employment may be invited to voluntarily disclose protected characteristics.