Risk Analyst or a Senior Risk Analyst

**If you are a current Idaho Power employee, please apply through the Employee Portal.

Application Deadline:

08/26/2026 at 11:59 pm Mountain Time

# of Positions:

1

Job Type:

Regular

Job End Date:

Exemption Status:

Exempt

Pay Range:

$89,668.80 – $134,992.00

Minimum Age Requirement:

Job Description:

Idaho Power — located in vibrant Boise, Idaho — is looking for a Risk Analyst or Senior Risk Analyst to join our Treasury Services team. It’s an exciting time to work for Idaho Power. Our work plays a critical role in communities we serve across Idaho and Oregon, and we’re working hard to safely provide our customers with the safe, reliable, and affordable energy they depend on. While this position is based at Idaho Power’s downtown Boise location, we offer both flexible schedules and the opportunity to work up to 40% remote.

What does a Risk Analyst or Senior Risk Analyst do for us?

Risk Analysts identify, assess, and monitor Idaho Power's market and credit risk exposures across energy trading, commodity transactions, commercial agreements, and strategic business activities. They ensure compliance with risk policies and regulatory requirements, perform valuation and exposure analysis, monitor counterparty creditworthiness, and recommend risk mitigation strategies such as collateral, guarantees, and other credit support arrangements.

Senior Risk Analysts provide technical leadership for the risk function, serve as subject matter experts in market risk, credit risk, collateral management, and industry agreements (e.g., ISDA, NAESB, WSPP, and REC), mentor team members, support complex transactions and negotiations, and act as the primary risk resource in the manager's absence.

In addition to the meaningful work we do, we offer work-life balance, competitive pay and benefits, an employee incentive plan, and both a 401k employer-match and a pension plan, making Idaho Power one of the best employers in the state.

A COMPETITIVE CANDIDATE WILL HAVE

Knowledge of:

• Derivatives, energy trading, collateral management, finance, and accounting
• Utility finance/credit, NAESB, ISDA, WSPP, netting agreements, long-form confirmations, corporate guarantees, letters of credit and other related agreements with counterparties.
• Collateral management practices, including assessment of unsecured exposure, collateral thresholds, negotiating credit support provisions, margining requirements, and the impact of collateral on counterparty credit risk.

Skills in:

• Excellent organizational, planning, verbal and written communications with strong attention to detail
• Expert-level complex risk scenarios analysis and works effectively with internal and external partners
• Strong negotiation skills and ability to draft contracts and agreements
• Analyzing documents and data for conformance to established policies and procedures
• Conducting research and provide thoughtful, thorough analysis
• Maintain objectivity and confidentiality
• Experience with VBA, SQL, and Power BI

Ability to:

• Perform quantitative and qualitative financial analysis
• Analyze financial health of counterparties
• Meet deadlines and prioritize work
• Defend decision-making criteria with other departments or counterparties
• Balance commercial responsiveness with prudent credit and/or risk expectations
• Work in a time sensitive environment with the ability to adapt to changing needs

MINIMUM REQUIREMENTS

Risk Analyst:

Education:

• Bachelor’s degree in an analytical field (finance, accounting, economics, or a related field)

Preferred:

• Master of Business Administration (MBA)

Experience:

• 3 or more years of directly related experience credit, risk, or commodity risk management including in-depth analysis of financial statements

Preferred:

• Professional experience in risk management or back-office banking operations supporting credit and risk management functions, including in-depth analysis of financial statements, evaluation of creditworthiness, risk monitoring, exposure assessment, and compliance with credit policies

Senior Risk Analyst:

Education:

• Bachelor’s degree in an analytical field (finance, accounting, economics, or a related field)

Preferred:

• Master of Business Administration (MBA)

Experience:

• 6 or more years of professional experience in credit, risk, or commodity risk management including in-depth analysis of financial statements

Preferred:

• 7 years or more of industry specific experience in credit risk management

Licenses & Certifications:

• N/A

Preferred:

• Chartered Financial Analyst (CFA)

PHYSICAL REQUIREMENTS
This position requires working at a desk/computer for extended periods of time. It requires the use of office equipment, fine motor skills including typing on the computer, dialing phones, filing paper, and working in close proximity to other people. There may be occasional lifts of no more than 10 lbs. The above is a summary of the primary essential functions of the position. This job may require the performance of additional tasks assigned by company leaders or management. Questions regarding job requirements or accommodation requests should be directed to Human Resources.

ADDITIONAL REQUIREMENTS
Works independently with minimal supervision and intervention. Demonstrated ability to work confidently with senior leaders or Traders to resolve issues. Demonstrated ability to influence others to meet desired outcomes and deadlines.

ADDITIONAL INFORMATION
Works independently with limited supervision/oversight.

#IPC1

Competencies:

Building Partnerships, Business Acumen, Continuous Learning, Decision Making, Influencing, Planning and Organizing

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Need Assistance Completing Your Application?

Please contact our Recruiting Office if you have questions, require assistance or accommodation while applying for employment with Idaho Power Company: Phone: 208-388-2965 or Email: [email protected]

Idaho Power is an Equal Opportunity Employer

We're proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex (including pregnancy), age, sexual orientation, gender identity, genetic information, veteran status, physical or mental disability, marital status, and any other status protected by applicable federal and state laws.

Please note: Idaho Power will not provide sponsorship for obtaining an employment visa, such as an H-1B visa.