Operational Risk Management Senior Advisor

Thomson Reuters Markets Espana SL.; Rosemead (CA); Hybrid; USD 150,000 - 230,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Southern California Edison is seeking an Operational Risk Management Senior Advisor to lead risk assessments, build risk evaluation frameworks, and advise senior leadership on risk-informed decisions. The role involves cross-functional collaboration across enterprise risks and requires a strategic mindset and strong analytical skills.

The position demands extensive experience in enterprise risk management, data analytics, and experience communicating with C-suite executives.

Qualifications

• Ten or more years evaluating enterprise or major operational risks.
• Strong analytical and modeling capabilities with quantitative methods.
• Experience presenting to C-suite executives and boards.
• Hybrid work availability in California.

Responsibilities

• Evaluate enterprise risks, conduct risk assessments, and collaborate with business units to assess, track, and mitigate business-level risks, informing enterprise-level risk assessment and management.
• Identify emerging risks, analyze internal and external data to assess risk likelihood and impacts, exposure potential, and existing controls to advise on strategies to prevent or reduce exposure to losses.
• Perform ongoing risk scanning with management, ensuring engagement visibility and defining project scope, goals and execution for risk mitigation.
• Conduct in-depth risk assessments using standard risk modeling and analytics techniques for current operations and potential future risk exposures.
• Implement and maintain risk management software and systems; collaborate with experts to establish best practices for assessing and tracking risks; develop data integration into models and systems.
• Support the company's Key Enterprise Risk process by identifying and monitoring enterprise-level risks; track development, execution, and updating of mitigation plans; prepare materials for Senior Management, Board of Directors and Audit Committee.
• Design, implement, and enhance policies, procedures and systems required to conduct effective risk management across the organization.
• Provide strategic guidance and technical support for risk-related regulatory proceedings, filings/applications, and related workshops and hearings.
• Interface with management and regulators to develop and implement required processes and participate in meetings to discuss risk management strategies and recommendations.
• Protecting physical, financial, cybersecurity assets and safeguarding sensitive data with the highest standards of conduct.

Skills

Risk assessment

Risk modeling

Data analytics

Stakeholder communication

Regulatory knowledge

Cross-functional collaboration

Problem solving

Education

Master’s degree or higher in engineering, science, construction, quantitative analysis or related fields

Professional certifications (PE, PMP, SCP, RIMS-CRMP, NFPA)

Tools

ERM software

Job description

Operational Risk Management Senior Advisor

Become a Operational Risk Management Senior Advisor at Southern California Edison (SCE) and build a better tomorrow. In this job, you’ll conduct risk assessments, build risk evaluation frameworks, and leverage your analytical skills to help the company make risk-informed decisions. You will regularly interact with senior leadership as they seek your advice on critical, often urgent matters affecting a variety of enterprise risks and topics. We're looking for engineers who are curious, skeptical, and love asking \"what could go wrong?\" The constant intellectual variety and novel, cross-functional challenges ensure no dull moments.

As a Operational Risk Management Senior Advisor, your work will help power our planet, reduce carbon emissions and create cleaner air for everyone. Are you ready to take on the challenge to help us build the future?

• Evaluates enterprise risks, conducts risk assessments, and collaborates with business units to assess, track, and mitigate business-level risks, while informing enterprise-level risk assessment and management.


• Identifies emerging risks, analyzes internal and external data to assess risk likelihood and impacts, exposure potential, and existing controls to advises on strategies to prevent or reduce exposure to losses.


• Performs ongoing risk scanning internally and externally, identifying potential risks and driving ERM engagement in close coordination with management (including development and definition of project scope and activities, goal setting, and execution); Ensures clear engagement visibility across key stakeholders and executive leadership.


• Conducts in-depth risk assessments as required using standard risk modeling and analytics techniques for current operations and potential future risk exposures.


• Implements and maintains the risk management software and other risk management systems and collaborates with experts to establish best practices for assessing and tracking risks; Develops, implements, and maintains plans to access and incorporate data into company models and systems.


• Supports the company's Key Enterprise Risk process by working to identify and monitor enterprise-level key, secondary, and emerging risks; tracks the development, execution, and regular updating of key mitigation plans; and prepares presentation materials for Senior Management, the Board of Directors and the Audit Committee.


• Designs, implements, and enhances policies, procedures and systems required to conduct effective risk management across the organization.


• Provides strategic guidance and technical support for all risk-related regulatory proceedings, risk-related filings/applications, and all related workshops, hearings, and discussion.


• Interfaces with management and regulators to develop and implement required processes and participates in meetings to discuss risk management strategies and make recommendations, as needed.


• A material job duty of all positions within the Company is ensuring the protection of all its physical, financial and cybersecurity assets, and properly accessing and managing private customer data, proprietary information, confidential medical records, and other types of highly sensitive information and data with the highest standards of conduct and integrity.

Minimum Qualifications

• Ten or more years in evaluating enterprise or major operational risks through quantitative analysis, data analytics, risk/hazard assessment, loss control, public safety and engineering applications (e.g., safety, fire protection, statistics)

Preferred Qualifications

• Master’s degree or higher in engineering, science, construction, quantitative analysis or specialty fields such as risk management, loss control or human factors engineering


• Professional certification in relevant field such as Professional Engineer, Project Management Professional, SCP, RIMS-CRMP, Loss Control, NFPA or related enterprise risk accreditations


• Experience in an electrical utility and or highly regulated or high impact environment.


• Strong experience communicating directly to and with C Suite executives.

Additional Information

• This position’s work mode is hybrid. The employee will report to an SCE facility for a set number of days with the option to work remotely on the remaining days. Unless otherwise noted, employees are required to work and reside in the state of California. Further details of this work mode will be discussed at the interview stage. The work mode can be changed based on business needs.


• Visit our Candidate Resource page to get meaningful information related to benefits, perks, resources, testing information, hiring process, and more!


• Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.


• Position will require up to 25% traveling and being out in the field throughout the SCE service territory.


• Relocation does not apply to this position.

About Southern California Edison

The people at SCE don't just keep the lights on. Our mission is so much bigger. We’re fueling the kind of innovation that’s changing an entire industry, and quite possibly the planet. Join us and create a future with cleaner energy, while providing our customers with the safety and reliability they demand. At SCE, you’ll have a chance to grow personally and professionally, making a real impact in Southern California and around the world.

Southern California Edison is a proud Equal Opportunity Employer, including disability and protected veteran status.

We are committed to ensuring that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations at [e-mail] or [phone] and select option 2.