Job Information
South Jersey Industries Risk Management Intern in Folsom, New Jersey
About Us
South Jersey Industries (SJI) is an energy holding company that delivers clean energy services to 700,000+ customers and businesses throughout 14 counties in New Jersey. As part of our core values, SJI is dedicated to being a community partner and developing innovative clean energy solutions to meet the needs of the future. To do this, we depend on our workforce of over 1,100+ talented, diverse employees who help us deliver safe, reliable, affordable clean energy for a better today and tomorrow.
At SJI, we believe that our employees are our most valuable asset. Whether you’re a seasoned operations technician or an early-career legal professional, our culture, inclusive workforce, and leadership development and training programs will provide you with the tools you need to either kickstart your career or bring it to new heights.
Position Summary
The Risk Management Intern at South Jersey Industries will support the Risk Management Department in providing broad-based risk mitigation strategies to the Enterprise Risk Management (ERM), Credit, and Market programs as well provide Physical Security Program support . The intern will report to the Manager, Risk and collaborate with other teams within the company as needed. This role is an expectational opportunity for successful career progression in enterprise, credit, and market risk, as well as physical security.
Essential Functions:
Performs business intelligence tasks to gain insights that allow businesses to make informed decisions.
Perform data analysis on enterprise risk, creating dynamic reporting to draw attention to high and unexpected risks.
Performs quantitative and qualitative evaluation of the energy trading counterparty’s credit quality to determine the level of risk to extend credit.
Assists in the daily administration of credit risk management.
Participating in commodity contract administration.
Reviews counterparty trade confirmations.
Other projects as assigned.
Collaborate with wholesale traders and other internal stakeholders.
Gain experience to three significant components of commodity credit risk:
magnitude and volume of exposure
counterparty financial strength
mitigation of credit risk through the use of contractual arrangements and
forms of credit assurance
Perform Physical Security Program process and standard operating procedures improvements.
Required Skills:
Strong verbal and written communication skills
A self-starting, “can-do” attitude, with intrinsic curiosity and a desire to grow
Ability to handle multiple tasks at once.
Proficient knowledge of computer programs including Microsoft Word, Excel, and PowerPoint
Availability to work a hybrid schedule based out of our Folsom, NJ office, Monday through Friday during daytime business hours
Preferred Skills:
Experience and/or coursework in, Finance, Management, Business, Economics, Accounting, Computer Science, Statistics, Mathematics, Risk Management, or Business/Administration
Interest in or knowledge of utilities industry and energy issues
Qualifications
Required Background:
Pursuing a Bachelor’s or Master’s Degree, preferably in risk management, Finance, Accounting, Business or Physical Security.
The ideal candidate would be a rising Sophomore, Junior, or Senior, however all students are welcome for consideration.
Explore the Possibilities
South Jersey Industries employs a diverse range of talent – from construction contractors to environmental specialists. Regardless of the position, mentoring and networking, hands-on experience, gaining industry knowledge and the opportunity to make a meaningful impact on our business and in our communities are all exciting ways that we welcome our employees at SJI. And as a company committed to creating an engaging culture built on inclusion and diversity, you’re sure to find an opportunity that makes you feel included, empowered, and ready to “bring your whole self to work” every day.
Benefits Package Overview
SJI offers a competitive and comprehensive benefits package to eligible employees.
The SJI “Total Rewards” Benefits Package include:
Flexible vacation, Paid Time Off, and Sick Leave package
Comprehensive Health, Dental, and Vision Insurance
Short-term and Long-term Disability Insurance
401(k), with generous company match
Employee Resource Groups to encourage employee engagement, nurture professional development, and foster an inclusive environment.
Equal Opportunity/Affirmative Action Employer
At this time, SJI is only considering applicants authorized to work in the United States currently and in the future without the need for visa sponsorship.
Compensation Range:
$17 - 27
We are committed to pay transparency and ensuring equitability compensation for all employees. The pay range for this position reflects the base salary only and does not include benefits, bonuses, or other forms of compensation that might be part of the total compensation package. The specific salary offered will be based on a candidate’s qualifications, education, and experience.