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    Business 2019

1/2

Big Boss Man

Full Time

The Manager, Risk & Analysis (MPG) is responsible for the leadership of the MPG P&L and risk management team, to analyze the P&L’s or transactions that involve physical positions and/or derivatives, and to minimize risk exposure for Mansfield Power and Gas, LLC.

Responsibilities

Coaching and Mentoring

- Develop clear goals for staff each year that support company goals and objectives

- Develop a coaching strategy for staff to achieve or exceed goals and objectives

  • Regularly review performance with staff

  • Help staff focus on what is within their control to achieve success  

  • Celebrate success

  • Quickly address performance issues in a constructive manner  

  • Create positive accountability and follow-up to achieve goals

  • Create depth in staff skillsets by ensuring staff has all the needed training to succeed

Departmental Leadership

- Develop clear vision, goals, and objectives for the department that support company goals and objectives

  • Develop clear strategies to manage risk exposure for Mansfield Power and Gas within applicable policy limits

  • Create a people, process, technology and governance vision for MPG’s Risk Department and create a plan to execute on that vision

- Develop a clear strategy to keep team members focused on high performance throughout the year to achieve measurable and financial goals

  • Identify and manage potential risk exposure for the company

  • Develop Risk Management Policy for areas associated with price, operational and regulatory risk

  • Ensure that MPG’s books stay balanced based on the requirements given by the Risk Management Policy (e.g., NYMEX, Basis, Cash, Imbalance Energy and Inventory)

  • Develop and produce value at risk calculations and periodic stress tests

  • Ensure that transactions are reviewed and confirmed on a timely basis

  • Ensure that cash and forward P&Ls are completed daily and that proper explanations of changes in valuation are provided to Supply and to Executive Management

  • Provided “Roadmap” reconciliation of monthly P&L with the Accounting Department, providing support for accruals

  • Manage credit exposures with counterparties as well as credit support from Mansfield Energy

- Develop reporting structure from Energy Trading Risk Management system to support measurement and management of risk and P&L

- Assess the current ETRM system’s functionality against other systems and drive the selection and implementation of the proper system for MPG

- Implement a strategy to examine and improve key processes used every day

  • Work with other BT department to implement strategies to improve P&L performance

  • Ensure that risks are appropriately evaluated and priced to customers through communication with the Deal Desk and Supply

  • Ensure that hedge efficiency is maximized through daily evaluation of positions

  • Ensure that processes and procedures that are implemented to mitigate risk for MPG are followed and report any breaches of policy to the appropriate
    management levels

- Provide a regular feedback strategy for the department to evaluate results and make improvements

- Provide feedback to the executive team as needed

  • Lead P&L review meetings with Leadership

  • Help CFO create and implement a successful hedging strategy

  • Prepare agenda and support for monthly Risk Oversight Meeting

Formal Education & Certification

  • Bachelor’s degree required; degree in Finance, Business Administration or related field preferred

Knowledge & Experience

  • Minimum of five years in a management capacity in a risk, pricing or supply capacity

  • Familiar with a variety of the field's concepts, practices, and procedures required

Qualifications & Characteristics

  • Strong organizational and verbal/written communication skills

  • The ability to recruit, retain, and lead others

  • The ability to multi-task

  • The ability to work well with all departments and resources

  • The ability to perform in a fast paced, team oriented environment 

  • Self-starter; self-motivated; sense of urgency; personable; extroverted personality; well organized; ability to achieve goals; ability to focus and pay attention to detail

  • Ability to multi-task

  • Strong analytical and problem solving skills

  • Strong written and verbal communication skills

 Work Environment

- 40-hour on-site work week

- Sitting for extended periods of time

- Dexterity of hands and fingers to operate a computer keyboard, mouse, and other computer components

Come Work With Us
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P: 513.423.4272

F: 513.423.5750

3577 Commerce Dr.

Middletown, OH 45005