Senior Corporate Financial Analyst

Job Type: Finance & Accounting

Pay Range $94,022 to $110,613

Location Colorado Springs, CO

Date First Posted 2/14/25

Applications are being accepted through: 3/3/25

*If no date is displayed, applications are being accepted on an ongoing basis; however, this job posting may close at any time after a minimum of 5 days of being posted.

Senior Corporate Financial Analyst

*Please note that a Hybrid Telework Schedule will be considered for this position. Hybrid is defined as a pre-determined blend of working from home and in the office. Two (2) days in the office (at multiple locations) and three (3) days at home per week will be offered after the standard probationary period.

Colorado Springs Utilities is seeking a Senior Analyst to join our Planning and Finance Division (PFD). This position will be responsible for providing Middle Office support for Colorado Springs Utilities’ energy trading operations. While this position resides within the Financial Planning & Risk Department, you will be working closely with our Fuels and Purchase Power Department (FPP), providing risk support for an ever-expanding and evolving mix of power, natural gas, coal, diesel, propane, and environmental products market participation. As part of the PFD team, you’ll play an integral role in Colorado Springs Utilities’ mission to deliver safe, reliable energy services while minimizing costs to our citizen owners.

Key Areas of Focus:

• Provide Middle Office/risk support for energy commodity trading, working closely with Front Office/trading and Back Office/settlements

• Administer, monitor, and report internal compliance with Springs Utilities’ Energy Risk Management Plan (RMP) while ensuring Colorado Springs Utilities operates in compliance with Southwest Power Pool’s tariff and protocols related to market operations

• Work with Springs Utilities leadership to understand and interpret appropriate and prudent risk appetite of energy commodity market participation

• Provide an independent review of potential new trading instruments and complex trading strategies to ensure the risk profile falls within the acceptable risk appetite of Springs Utilities, interpreting and communicating findings with Springs Utilities leadership and personnel

• Work with FPP staff to onboard new energy commodity counterparties, including establishing appropriate credit limits as per the Energy RMP and setting up contracts in Springs Utilities Energy and Trading Risk Management (ETRM) systems

• Analyze, monitor, and report the creditworthiness of existing energy counterparties. Maintain an up-to-date list of counterparties and credit status.

• Perform confirmation of bilateral market transactions

• Manage and validate market settlement prices, forward market price curves, volatility matrices, and correlation coefficients used in the settlement and valuation of energy commodity transactions

• Perform mark-to-market (MtM) valuation of energy commodity forward transactions, monitor valuation about set risk limits, and report valuation to relevant stakeholders

• Perform Value-at-Risk (VaR) of energy commodity positions and portfolios, monitor VaR with set risk limits, and report VaR to relevant stakeholders

• Perform credit valuation for energy commodity counterparties, monitor concerning credit limits, and report credit to relevant stakeholders

• Develop, maintain, and update proprietary models used within energy commodity trading, as well as ensure the reasonableness of ETRM valuation and VaR calculation parameters

• As needed, develop, maintain, and disseminate reports and dashboards related to market and position exposures and other relevant energy market information

Who You Are... A team player, who thrives on variety in your work and is passionate about your field. The most successful candidate offers a Bachelor’s degree in Accounting, Finance, Business, or a closely related field with significant and demonstrated experience in an analytical and financial environment. Additionally, the ideal candidate will have a direct middle office/risk experience related to energy commodity markets. Experience with Regional Transmission Organizations (RTOs) and/or Independent System Operators (ISOs) is desired. Demonstrated and documented competency in the noted key responsibilities should be reflected in your resume. Strong quantitative data collection, research, forecasting, and analytical skills would make you an ideal match for this role.

The military job codes/duty codes most closely related to this role are: 36B, 65F1, 65F2, 65F3, 65F4, 65FX, 6410, 6413, 6415, 6417, 3401, 3404, 3408, 9680

What does this opportunity offer? If you have solid financial capabilities and analytical skills in the areas we are seeking, are proactive and self-starting, and enjoy working in a team environment, we want to hear from you! Join a team of analysts who share your enthusiasm and passion for this field. Within this position at Colorado Springs Utilities, we will continually stretch your capabilities by exposing you to the advanced functions within the Financial Planning & Risk Department as you progress in your development.

Who We Are...

• One of the largest four-service public utilities in the nation (over 500,000 customers)

• A national leader in reliability (power on an average of 99.991% of the time)

• Diamond Designation recipient from the American Public Power Association – a utility sector leader in reliability, safety, workforce development, and system improvements

• Located at the base of the Rocky Mountains in the most desired city to live in the United States (U.S. News & World Report, 2022)

Our Commitment to Our Employees…

Our people are the heart and soul of Colorado Springs Utilities. They keep the lights on, gas flowing, water coming in, and wastewater leaving. We do not just say people are important – we prove it! That’s why we are honored to invest in protecting the health and financial security of our employees and their families through our rich benefits program.

• Time Off – Because everybody needs time off to recharge

• Vacation – New employees accrue 13 days of paid time off to start, while our more tenured employees accrue 24 days per year

• Personal Leave –3 days per year of personal leave

• Paid Holidays –12 paid holidays per year

• Sick Leave – Accrue 12 days of sick leave annually for those days when you or a family member is feeling under the weather

• Vacation Buy – Purchase up to 40 hours of additional vacation time

• Pension Plan – Looking forward to a comfortable lifestyle once you’re done working? The Colorado Public Employees’ Retirement Association (PERA) provides you with retirement benefits and peace of mind when you retire

• Medical – Select from three comprehensive medical plans, starting at $10.00 a month. Employees also enjoy access to a Health Savings Account (HSA) and Flexible Spending Account (FSA)

• Wellness Program – Voluntary wellness program that allows you and your spouse to each earn up to $500 to use towards healthcare expenses, $100 in Visa gift cards, and up to $400 in gym membership reimbursements

• Dental – Select from two dental plans, with in-network PPO preventive care covered at 100% and access to orthodontia coverage

• Vision – Voluntary plan that covers full vision care services and discounts on LASIK eye surgery

• Retirement Saving Programs – Supplement your pension plan with voluntary retirement programs such as the PERAPlus 401(k) and MissionSquare’s Roth IRA and 457 plans

• Disability Coverage – Short-Term (STD) and Long-Term Disability (LTD) insurance available for purchase

• Employee Assistance Program (EAP) – Makes the going a little easier by aiding with mental health, stress management, work-life balance, financial and legal matters, and much more

• Long-Term Care Insurance (LTC) – Whether it's due to an accident or a serious illness, LTC insurance is available for purchase to help you and your loved ones

• Life Insurance – Company-paid life insurance and supplemental coverage available

• Tuition Reimbursement – Employees are eligible to receive up to $5,250 annually for Tuition Reimbursement

• Qualifying Public Service Employer – Payments made towards student loans may qualify for the Public Service Loan Forgiveness Program

ATTENTION :

• All positions will be posted for a minimum of 5 calendar days.

• Starting pay will be determined within the posted pay range based on the experience, education, and training of the successful candidate; if there is a single pay rate posted, the job starts at that rate.

• Colorado Springs Utilities does not sponsor work visas of any kind (including but not limited to H-1B, TN, or F-1 student visas with an OPT extension). Eligible applicants must be authorized to work in the United States.

Colorado Springs Utilities is an Equal Employment Opportunity/Affirmative Action employer. Our differences make us richer. Learning and growing from one another makes us more than what we were. We want our workforce to be as diverse as our business and recognize the limitless benefits of this commitment. Our desire is to have the organization reflect the diversity of the Pikes Peak Region. As an Equal Employment Opportunity employer, it is our commitment that no person shall be unlawfully discriminated against because of race, color, national origin or ancestry, sex, age, religious convictions, veteran status, disability, political beliefs, sexual orientation, or gender identity. Affirmative Action is Colorado Springs Utilities’ effort to ensure positive steps are taken to have a representative workforce reflective of the relevant available labor force.

For more information regarding applicant rights, visit https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm

Accessibility Accommodations . If you are an individual with a disability or disabled veteran who is unable to use our online tools to search and apply for jobs, you may request a reasonable accommodation by contacting us at accessibility@csu.org or by calling 719-668-7500. This option is reserved for individuals who are unable to use or require assistance with the online tools as the result of a disability and is not intended for other purposes.

E-Verify and Right to Work Notice . Federal law requires all employers to verify the identity and employment eligibility of all persons hired to work in the United States. Colorado Springs Utilities participates in E-Verify. For more information on your rights and responsibilities as an applicant, please visit: http://coloradospringsutilities.jobs/applicants-rights-and-responsibilities/ . If you have a legal right to work in the United States, there are laws to protect you against discrimination in the workplace. You should know that no employer can deny you a job or fire you because of your national origin. Unless mandated by law or government contract, employers cannot require you to be a U.S. Citizen or permanent resident or refuse any legally acceptable documents. If any of these things have happened to you, you may have a valid charge of discrimination that can be filed with the OSC. Contact the OSC for assistance in your own language. Call 1-800-255-7688. TDD for the hearing impaired is 1-800-237-2515. In the Washington, D.C., area, please call 202-616-5594, TDD 202-616-5525 Or write to: U.S. Department of Justice Office of Special Counsel NYA 950 Pennsylvania Ave., N.W. Washington, DC 20530.

Have a question? If you have a question about a position or need assistance from a recruiter, email us at csurecruiting@csu.org or call 719-668-7500.

Job Type: Finance & Accounting