La Crosse, Wisconsin
La Crosse, Wisconsin
La Crosse, Wisconsin
La Crosse, Wisconsin
La Crosse, Wisconsin
Posted: 01-Oct-25
Location: La Crosse, Wisconsin
Type: Full Time
Categories:
Internal Number: JR100758
Are you ready to join an organization where we focus on People First, have fun at work and make a difference in what we do?
Dairyland is proud of our People First culture centered around appreciation, celebrating wins and collaboration. We’ve worked hard to ensure alignment between our culture and our processes and systems, learning and development and rewards and recognition programs.
As a team, we work together to leverage the team’s diverse perspectives, ideas and experiences to deliver nothing less than the best. We are collaborative, transparent and committed to our People and their work experience, growth and professional development.
Level III Salary Range: $86,900-$130,400
Level Sr Salary Range: $114,900-$172,400
Compensation is determined by a combination of factors, including but not limited to education, work experience, and certifications. The actual offer may vary, reflecting the candidate's unique blend of experience, educational background, and skill level.
The Middle Office Analyst III is responsible for driving the effective execution of middle office functions that connect the front office (trading and portfolio management) and the back office (settlements and accounting). This role plays an integral part in ensuring operational efficiency, regulatory compliance, and risk management by performing advanced analyses, optimizing processes, and supporting decision-making across energy markets and financial operations.
As an experienced professional, the Middle Office Analyst III takes ownership of complex projects, identifies areas for process improvement, and collaborates with cross-functional teams to implement solutions. This position requires strong analytical, technical, and communication skills, as well as a solid understanding of energy markets, risk management practices, and industry regulations.
ESSENTIAL JOB FUNCTIONS:
1. Operational Support:
• Perform daily calculations and validations for key metrics, such as Mark-to-Market (MtM), Margin-at-Risk (MaR), Value-at-Risk (VaR), and credit exposure.
• Monitor daily power supply portfolio costs and net positions to ensure accuracy and adherence to risk guidelines.
• Validate trade data and transactions to identify discrepancies and support error resolution.
2. Risk and Performance Analysis:
• Conduct quantitative and qualitative analyses to identify risks (market, credit, operational) and performance trends in energy trading and portfolio management.
• Prepare and deliver routine and ad-hoc reports, including Key Performance Indicators (KPIs), to assist senior analysts and leadership in decision-making.
• Support compliance with hedging policies by identifying and reporting deviations to senior team members.
3. Process Improvement:
• Assist in identifying inefficiencies in middle office workflows and recommend process improvements.
• Collaborate with cross-functional teams and IT staff to implement updates and enhancements to trading, risk management, and reporting systems.
• Contribute to the refinement of internal controls and procedures to ensure operational accuracy and alignment with organizational objectives.
4. Data Integrity and Reporting:
• Ensure data accuracy and completeness across systems used for energy trading, risk management, and financial reporting.
• Generate routine reports, including profit and loss (P&L), compliance documentation, and risk exposure summaries, for internal and external stakeholders.
• Perform data validation and reconciliation to ensure high-quality reporting outputs.
5. Compliance and Controls:
• Support the enforcement of internal controls to maintain compliance with regulatory standards (e.g., FERC, NERC).
• Assist senior analysts in preparing documentation and materials for audits and regulatory reviews.
• Stay updated on compliance requirements and ensure middle office practices align with industry standards.
6. Market Knowledge and Collaboration:
• Stay informed about MISO market operations and energy market trends to anticipate potential risks and opportunities.
• Collaborate with other departments, including front office and back office teams, to facilitate seamless communication and alignment on organizational goals.
• Build relationships with external stakeholders, including market operators and auditors, as required.
MINIMUM QUALIFICATIONS:
Education & Experience:
Level III: Bachelor’s degree in Finance, Economics, Accounting, Business Administration, or a related field is required, MBA preferred. Minimum of five (5) years of relevant experience in financial analysis, energy trading, risk management, or related fields. Experience within the electric utility or energy sector is strongly preferred.
Sr. Level: Bachelor’s degree in Finance, Economics, Accounting, Business Administration, or a related field is required, MBA preferred. Minimum of eight (8) years of relevant experience in financial analysis, energy trading, risk management, or related fields. Significant experience within the electric utility or energy sector is highly preferred
Skills:
• Solid understanding of financial principles, energy markets, and risk management concepts.
• Proficiency in financial modeling, data analysis, and visualization tools (e.g., Microsoft Excel, PowerBI).
• Familiarity with MISO market operations and regulatory requirements (e.g., FERC, NERC) is a plus.
• Strong analytical and problem-solving skills with a detail-oriented mindset.
• Excellent communication and interpersonal skills, capable of working effectively with cross-functional teams.
• Ability to adapt to shifting priorities and deadlines in a dynamic work environment.
• Demonstrated ability to learn and apply new systems, tools, and technologies.
• High level of professionalism, accountability, and commitment to quality.
Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand, walk, use hands to finger, handle or feel, and reach with hands and arms. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Ability to wear Personal Protective Equipment (PPE) such as hard hats, safety glasses, hearing protection, etc.
We are committed to providing our greatest asset, our People, with as many perks and benefits as possible. Some benefits of working with us include:
- Health & disability benefits (medical, dental, vision, short & long-term disability)
- Life insurance
- Generous 401(k) and Pension Plans
- Paid Time Off
- Robust Wellness Program
- New Flexible Work Program
- Tuition Reimbursement
- So much more!
Dairyland Power Cooperative is an equal opportunity employer. All applicants will be considered for employment without attention to race, age, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.
If you are an individual with disabilities who needs accommodation or you are having difficulty using our website to apply for employment, contact our HR Department at 608-788-4000.