Salt River Project

Financial Risk Management Analyst

Salt River Project  •  Tempe, AZ (Hybrid)  •  5 hours ago
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Job Description

Requisition ID 20118

Join us in building a better future for Arizona!

SRP is one of the largest public power and water utilities in the U.S. providing electricity to approximately one million customers in the greater metropolitan Phoenix area. Since its founding in 1903, SRP has fostered a culture of stewardship and customer service consistently ranking as an industry leader in customer service according to J.D. Power and named one of Arizona's best employers by Forbes. SRP continues to adapt to its changing business environment by seeking innovative ways to reimagine utility service and the provision of critical resources essential to the life and economy of Arizona.

Why Work at SRP

At SRP, we foster an inclusive work environment and believe everyone should have a fair chance to work, regardless of who they are. That’s why we value teams with diverse perspectives, experiences, and backgrounds to help SRP deliver on its mission of providing reliable, affordable and sustainable water and power.

SRP's success is rooted in our employees' happiness, health, and safety. That's why we offer a comprehensive benefits package to meet the needs of our employees and enhance their well-being. In addition to competitive pay and performance incentives, eligible employees can take advantage of the following benefits:

  • Pension Plan (at no cost to the employee)
  • 401(k) plan with employer matching
  • Available your first day: Medical, vision, dental, and life insurance
  • Over 200+ hours of PTO (includes vacation days, holidays, floating holidays, and sick leave)
  • Parental leave (up to 4 weeks) and adoption assistance
  • Wellness programs (including access to a recreation and fitness facility)
  • Short and long-term disability plans
  • Tuition assistance for both undergraduate and graduate programs
  • 10 Employee Resource Groups for career development, community service, and networking

This role focuses on financial analysis, forecasting, monitoring and reporting on organization’s market exposure for various physical and financial commodities. The position is responsible for developing insights into market trends, revenue drivers, and risk to support strategic decision-making for Finance, the Risk Oversight Committee and across Supply & Trading & Fuels. The selected candidate will build and maintain financial models, evaluate market scenarios, and support the development of forward-looking plans and forecasts for energy commodities including natural gas, power, and related markets with a strong focus on risk.

What You'll Do

  • Conduct financial and economic analysis to support planning, forecasting, and pricing strategies across SRP’s commodity portfolio (natural gas, power, emissions, and related products).
  • Develop and maintain forecasting and valuation models to assess revenues, costs, and margin under various market scenarios.
  • Analyze market trends, supply/demand fundamentals, and pricing dynamics to inform short- and long-term financial planning.
  • Support the development of budgets, financial plans, and outlooks related to commodity activity and hedging strategies.
  • Evaluate potential transactions and strategies through scenario modeling, sensitivity analysis, and risk-adjusted financial metrics.
  • Produce executive-level reporting and insights on financial performance, market conditions, and key drivers of variance to plan.
  • Partner with Supply & Trading & Fuels, Finance, and Pricing teams to translate operational activity into financial implications and actionable insights.
  • Develop dashboards and reporting tools (Power BI, SQL, Excel) to track key financial, operational, and market indicators.
  • Support revenue forecasting and price-setting processes by analyzing cost drivers, demand assumptions, and market conditions.
  • Provide analytical support for strategic initiatives, including long-term resource planning, pricing proposals, and large customer analysis.
  • Perform ad hoc financial analyses and business case evaluations to support leadership decision-making.
  • Perform quantitative analysis, modeling, and valuation to assess commodity positions, hedging strategies, and transaction economics.
  • Develop and maintain reporting, dashboards, and data tools (Power BI, SQL, Excel) to support financial insights, position tracking, and executive reporting.
  • Partner with internal teams to analyze transactions, monitor exposures and receivables, and support cross-functional financial and risk-related initiatives.
  • Maintain robust compliance with Board-established trading policies by monitoring trading floor activity.
  • Other duties as assigned.

Education


A bachelor's degree relevant to the assignment from an accredited institution is required.

Experience

This position may be filled at one of three levels outlined below, based on the candidate’s relevant education, experience, or a combination of both that demonstrates the required knowledge, skills, and competencies.

Level I — Associate: In lieu of a degree, 4 years of relevant experience or an equivalent combination of education and experience totaling 4 years may be considered.
Level 2 – Journey: Minimum 2 years of relevant experience required. In lieu of a degree, 6 years of relevant experience or an equivalent combination of education and experience totaling 6 years may be considered.
Level 3 – Senior: Minimum 5 years of relevant experience required. In lieu of a degree, 9 years of relevant experience or an equivalent combination of education and experience totaling 9 years may be considered.

Eligibility for advancement (progression) to the next level in the same role is based on overall job performance, mastery of all functional responsibilities, and time in position, as assessed by the supervisor.

Additional Requirements and Qualifications

  • Strong analytical and modeling capabilities with the ability to translate complex data into clear financial insights.
  • Demonstrated ability to support budgeting, forecasting, and financial planning processes.
  • Understanding of market fundamentals and pricing dynamics, particularly in energy or commodity markets (preferred).
  • Ability to communicate financial concepts and insights effectively to both technical and non-technical stakeholders.
  • Advanced proficiency in Excel; experience with Power BI, SQL, or other data visualization/reporting tools preferred.
  • Analytical experience in Finance, Economics, Engineering, Mathematics, or related fields.

Hybrid Workplace

SRP currently offers a hybrid workplace, which allows employees whose jobs can be performed remotely, and who have sufficient technical capability, to telework up to three days per week. Although teleworking is available, all employees must live and work in Arizona.

Drug/Alcohol Policy Statement

To promote the safety and well-being of our employees, customers, and the communities we serve, SRP is committed to maintaining a drug/alcohol free work environment. Although marijuana may now be legal in Arizona, except as otherwise specified under Arizona law, SRP considers it to be an illegal drug for the purpose of our drug/alcohol policy because marijuana remains illegal at the federal level. Any candidate found to be impaired during the hiring process or who has the presence of an illegal drug or unauthorized substance in their system during the pre-employment drug/alcohol test may be disqualified from further consideration in the hiring process.

Equal Opportunity Employer Statement

Salt River Project (SRP) is committed to equal employment opportunity regardless of race, color, religion, sex (including pregnancy), gender identity, sexual orientation, national origin, age, disability, genetic information, military status, or any other protected status under applicable federal, state or local law.

Work Authorization

All candidates must be legally authorized to work in the United States.
Currently, SRP does not sponsor H1B visas, OPT, or other employment-related visa's.

Salt River Project

About Salt River Project

Welcome to SRP, where our roots connect us to the vibrant communities we serve. For more than 120 years, we have delivered essential water and power services to the Phoenix metropolitan area. We’ve built lasting relationships and deep connections with our customers. Their satisfaction is the main focus of our mission.

Beyond our history, SRP has a bright future in the Valley of the Sun thanks to the dedication of our employees, who are the heart and soul of the company. Our commitment to innovation and cutting-edge technology will be key to continued success in our second century in business.

Explore diverse career opportunities in engineering, finance, IT, cybersecurity and more. Join us in powering a future that's both tradition-rich and forward-thinking. Let's shape this exciting journey together.

Terms of Use

• Be respectful. Profanity, harassment, confidential information or potentially libelous statements are prohibited.

• Comments should relate to SRP and its programs news or initiatives or the utility industry.

• Blatant promotion of a business, product or cause is not allowed.

• These guidelines may be updated and visitor comments and posts may be removed at our discretion.

Industry
Energy & Utilities
Company Size
5,001-10,000 employees
Headquarters
Tempe, AZ
Year Founded
1903
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