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Manager, Risk Management - FES


Akron, OH, US, 44320

Job Function:  Procurement/Supply Chain
Employee Type:  Reg Full Time (FT)
Requisition ID:  20793

FirstEnergy at a Glance

FirstEnergy (NYSE: FE) is dedicated to 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 generating fleet with a total capacity of more than 5,000 megawatts.

About the Opportunity

This is an open position with FirstEnergy Solutions, a subsidiary of FirstEnergy Corp. [FES]


 The Manager of Risk Management (Manager) is responsible for assisting the director in the development and oversight of the company’s Enterprise Risk Management (ERM) strategy, including appropriate processes, procedures and tools, designed to reduce the Total Cost of Risk. Key to the role is to establish connections with leaders across the organization and facilitate and coordinate the implementation of the ERM strategy in a value-adding manner.


The Manager partners with Business Units, enterprise-wide functions and subsidiaries to ensure an integrated approach to implementation is taken – encouraging collaboration and establishing governance structures to support knowledge sharing and continuous improvement of the ERM Program.



  • Partnering with the enterprise and business units to identify, analyze, quantify, aggregate, and mitigate risk exposures in alignment with the ERM strategy and within the Company's Risk Appetite
  • Establishing a risk escalation criteria and risk reporting process to ensure leadership is informed of material and emerging risk exposures on a timely manner
  • Governing and overseeing the credit risk and margining process and practices
  • Assessing, analyzing, and mitigating credit matters as they relate to commodity markets, renewable energy credits, retail segments, and vendors. This includes performing the mark-to-market and margining process associated with electric procurements across jurisdictions.
  • Leading and coaching cross-functional teams to achieve objectives across multiple business units and functions
  • Participating in and supporting internal and external audits, regulatory reviews, and rating agency requests 



  • Bachelor’s Degree in Risk Management, Economics, Mathematics, Finance, Accounting, Engineering, or related field required; Master's Degree preferred
  • Minimum 7 years of risk management experience or operational experience in a relevant functional area, including compliance, financial planning, audit, public accounting or similar area required
  • Success implementing ERM Programs in alignment with ISO31000 and/or COSO ERM
  • Experience facilitating risk-based strategic planning and decision analysis
  • Demonstrated critical thinking, problem-solving skills and decision-making abilities
  • Strong written and verbal communication skills with the ability to interact with internal and external customers at all levels
  • Ability to direct and perform detailed analysis of complex data sets
  • Proficiency in Microsoft Excel, Word, and PowerPoint
  • Experience with ERP platforms, reporting tools, as well as ERM and GRC tools and platforms
  • Motivated self-starter, directed, and possess excellent time management skills with the ability to handle multiple tasks in a fast-paced environment
  • Experience defining strategy at a business or enterprise level
  • Previous exposure and knowledge of power trading, generation and transmission industries preferred

Benefits, Compensation & Workforce Diversity

At FirstEnergy, employees are key to our success. We depend on their talents to meet the challenges of our changing business environment. We are committed to rewarding individual and team efforts through our total rewards philosophy which includes competitive pay plus incentive compensation, a company-sponsored pension plan, 401(k) savings plan with matching employer contribution, a choice of medical, prescription drug, dental, vision, and life insurance programs, as well as skills development training with tuition reimbursement. Please visit our website at to learn more about all of our employee rewards programs. FirstEnergy proudly supports workforce diversity. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, or status as a qualified individual with a disability. No recruiters or agencies without a previously signed contract. Unable to sponsor or transfer H-1B visas at this time.


Safety is a core value for FirstEnergy and is essential to all of our business activities. We ensure employees have the tools, information, and processes to perform their duties in a manner that assures safety for themselves, their co-workers, our customers and the public. Our goals are to provide a safe work environment, to maintain an accident-free, injury-free workplace, and to promote and maintain public safety. To meet these goals, we dedicate ourselves to achieving world-class safety standards.

Position Classification



FirstEnergy Human Resources Team

Nearest Major Market: Akron
Nearest Secondary Market: Cleveland

Job Segment: Manager, Risk Management, Engineer, Law, Supply Chain Manager, Management, Finance, Engineering, Legal, Operations