Risk Control Analyst I/II/III

Reposted 4 Days Ago
2 Locations
In-Office
Mid level
Energy
The Role
The Risk Control Analyst II oversees daily operations, ensuring compliance with policies, manages portfolio data, prepares reports, and develops risk metrics.
Summary Generated by Built In

Williams is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, national origin, age, marital status, disability, veteran status, genetic information or any other basis protected under applicable discrimination law.

Do something that means something at Williams. This isn’t just a job - it’s an opportunity to explore and discover your passion with coworkers who become friends and mentors who push you to be your best self in and out of the office. At Williams, we make clean energy happen. And you can too, so bring your energy to ours.

As a Risk Control Analyst III, you will supervise daily functions/operations to ensure they align with existing policies and provide key support to the business by supplying portfolio data. The ability to connect with internal customers and understand the commodity transaction activities within the business are keys to success!

As a Risk Analyst at Williams, you’re at the intersection of trading, risk, and technology delivering precision and insight in a fast-moving energy market. Your mornings kick off with analyzing prior-day results, assessing trading positions, and identifying key P&L drivers to share with stakeholders. You validate deal entries, collaborate with IT to ensure trade systems and ICE interfaces run smoothly, and support forecasting, VaR calculations, and ad hoc reporting needs. Your attention to detail ensures consistent documentation and reliable processes across the board. This role blends sharp analytics, systems fluency, and cross-functional collaboration perfect for someone who thrives on solving complex problems and making an impact.

Your work will challenge you, and with our Core Values to guide you, you’ll quickly learn and grow with us.

Responsibilities/Expectations:
  • Produces accurate and timely portfolio position and valuation
  • Performs and/or reviews activities related to hedge accounting
  • Implements system changes and optimizes system capabilities
  • Prepares and maintains complete documentation of risk control processes and methodologies
  • Performs, monitors and leads in the development of processes and controls that maintain compliance with annual SOX certification requirements
  • Prepares ad hoc reporting and/or leads projects
  • Supervises front-to-back office processes for compliance and report notifications/violations
  • Performs contract reviews to ensure transactions are detailed and modeled
  • Assists internal/external auditors in the completion of audit plans
  • Develops and/or monitors risk metrics, including Value at Risk (VAR) and Margin VAR
  • Reports the business units’ commodity position and understands the impacts of hedging on the portfolio
  • Prepares reports, analyzes and presents data related to daily financial performance

  • Coordinates and understands daily P&L components and performs/documents financial analysis to validate data

  • Nurtures relationships with company partners

  • Other duties as assigned
Education/Years of Experience:
  • Required: Bachelor’s degree in Finance, Accounting or similar and a minimum of four (4) years related experience
  • Preferred: Master’s degree
Other Required Experience:
  • Proficient in Microsoft Office Applications and PC skills
  • Demonstrates excellent organizational/interpersonal skills and safety as the utmost priority
  • Understanding of risk control concepts and commodity/credit dynamics
  • Understanding of transaction accounting and reporting, including: Mark-to- Market, Hedge Accounting and Dodd-Frank
  • Preferred: Experience with SOX, Power BI, Power Automate, SQL, Openlink Endur, Power Query

Why Choose Williams?

We are committed to providing our employees with competitive compensation and benefits as part of your Total Rewards package to help protect your current and future physical, emotional, and financial health. We generally offer health benefit programs to our employees and their families that are competitive and flexible enough to meet your needs, and retirement benefits to allow you to invest now for financial security when you retire.  With rich learning and development programming and a high internal mobility rate, you are not just applying to a job with Williams; you are embarking on an exciting career!

  • Competitive compensation
  • Annual incentive program
  • Hybrid work model - one work from home day each week for most office-based roles
  • Flexible work schedule for most field-based roles
  • 401(k) with company matching contribution and a fixed annual company contribution
  • Comprehensive medical, dental, and vision benefits
  • Generous company-paid life insurance and disability benefits
  • A consumer-driven health plan option with the potential for a generous company contribution to a Health Savings Account
  • Healthcare and Dependent Care Flexible Spending Accounts
  • Paid time off, including floating and company holidays
  • Wellness Program with annual rewards
  • Employee stock purchase plan
  • Robust employee learning and development
  • High internal mobility (we promote from within)
  • Parental leave (we provide up to 6 weeks for each parent)
  • Fertility coverage and adoption benefits
  • Domestic partner benefits
  • Educational reimbursement
  • Non-profit donation matching contributions and time off to volunteer
  • Employee resource groups
  • Employee assistance programs
  • Technology to make our work more productive and collaborative
  • Regular employee engagement surveys and feedback processes

Williams has a long history of making a significant difference in the communities where we live and work, and we strive to cultivate an environment of employee inclusion, innovation and passion that values all voices and opinions. We help each other succeed and great things happen when people from a diverse set of backgrounds come together. Together, we make clean energy happen.

Eligibility and benefits are governed by the terms of the applicable plan or program document which can be amended or terminated at any time.

For more information, please visit https://www.williams.com/careers/total-rewards/.

Education Requirements:

Skill Requirements:

Competency Requirements:

Top Skills

Microsoft Office Applications
Openlink Endur
Power Automate
Power BI
Power Query
SQL
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The Company
HQ: Tulsa, OK
5,280 Employees
Year Founded: 1908

What We Do

Williams has been around for more than a century, but our work has never been more important. Our employees impact people’s lives every day, fueling the clean energy economy with large-scale energy infrastructure that connects natural gas supplies to markets with growing demand for cleaner fuel.

We handle 30% of the natural gas in the United States that is used every day to heat our homes, cook our food and generate our electricity. Williams works closely with customers to provide the necessary infrastructure to serve growing markets and safely deliver natural gas products to reliably fuel the clean energy economy. With interstate natural gas pipelines and gathering & processing operations throughout the country, we reliably deliver value to our employees, investors, customers and communities by running our business with authenticity and a safety-driven culture, leading our industry into the future.

Our employees are our most valued resource and the driving force behind our reputation as a safe, reliable company that does the right thing, every time. At Williams, we make clean energy happen. And you can too, so bring your energy to ours.

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