Asset Management Analyst

At PGE, our work involves dreaming about, planning for, and realizing a smarter, cleaner, more enduring Oregon neighborhood. Its core to our DNA and we haven’t stopped since we started in 1888. We energize lives, strengthen communities and drive advancements in energy that promote social, economic and environmental progress. We’re always on the lookout for people passionate about leading and being a part of teams that are advancing innovative clean energy solutions that are also affordable and accessible to all.

Job Overview

The Asset Management Analyst position reports to the Middle Office Operations department. This position works closely with stakeholders in Power Operations, Structuring and Origination, Risk Management and IT Power Operations to implement solutions to improve the business operations. Some responsibilities are but not limited to; collaborate with internal and external partners on the risk assessment, integration and implementation of short and long-term contracts (after contract execution, pre-COD to pre-settlement, through the lifecycle of the energy trade transaction/deal including extensions and amendments).

Project management tasks with to include end to end involvement to ensure milestones are met, identify changes to processes that may be required as part of the contract implementation.

Provide/ lead operational support, monitoring contract assets performance opportunities, project related activities, support contracts and settlements teams to facilitate disputes and perform end-to-end contract asset data validation, in collaboration with Power Operations, Structuring/Origination and the counterparty.

Researches and analyzes data to inform business decisions and contributes to departmental or overall corporate strategy and long-range planning.

Research trends, assimilates data and develops insights and recommendations.

Key Responsibilities

This position is open to

two levels

:

Financial Risk Analyst (Grade 6 / P2 – Intermediate Professional)

and

Senior Financial Risk Analyst (Grade 7 / P3 – Career Professional)

. The level at which an offer is made will be determined based on the selected candidate’s qualifications, skills, and experience.

- Requires in-depth utility and/or commodities knowledge and experience in a related field (contracts, risk management, accounting, and project management)

- Strong interpersonal and communication skills, including the ability to organize and present ideas in a concise, credible, and professional manner to various stakeholder groups

- Uses best practices and knowledge of internal or external business issues to improve processes

- Solves complex problems; takes a new perspective using existing solutions

- Works independently; receives minimal guidance

- Acts as a resource for colleagues with less experience

Key Responsibilities

- Specialization: Typically specializes in project management or research and analysis but may perform work in both areas.

- Planning and Strategy: Provides data and analytics to support overall company strategy development. Makes strategy recommendations about adapting the strategy in response to changes in the business environment. Contributes to enterprise-wide metrics, ensuring they align to strategic objectives. Prioritizes resource-strategy projects, reconciling time, scope and budget.

- Research and Analysis: In collaboration with business, regional and industry contacts, gathers data and analyzes information to support resource strategy development. Uses scenarios, models and simulations to support strategy and integration. Examines data and information, develops hypotheses and makes recommendations. Develops reports.

- Project Management: Manages moderately complex projects in support of PGE’s overall resource strategy. Defines scope of work and reconciles to budget. Defines deliverables and acceptance criteria. Develops and implements project plan. Collaborates with stakeholders and assigns work tasks. Monitors progress and ensures deliverables meet acceptance criteria. Adapts plan in response to changing environment. Identifies risks and recommends mitigation steps.

- Requirement and Compliance: Ensures processes and deliverables meet regulatory requirements, SOX/ Audit and guidelines.

- Process Management: Contributes to process improvements to better capture and reconcile tradeoffs between different supply, demand, energy and capacity resourcing options. Documents and updates written processes.

- Vendor Management: Determines which tasks are suitable for outsourcing. Selects vendors and monitors vendor performance to agreed-upon service levels. May adapt service level agreements and work with vendors to resolve issues.

- Negotiation and Representation: May contribute to negotiations with other utilities, energy companies or government agencies on bilateral or multilateral agreements. Performs research or analysis in support of negotiations.

- Consultation: Recommends actions and provides consultation on new or revised resource strategies; provides solutions to complex resource planning issues. Reviews the work of project team members and provides coaching and feedback.

Education / Experience / Certifications

Education

Requires a bachelor’s degree in accounting, finance, economics or other related field or equivalent experience.

Experience

- P2/Intermediate: Typically two or more years in related field 3+ years of similar work experience; 2+ years of experience in the renewable energy industry preferred

- P3/Senior: Typically five or more years in utility or similar energy sector experience in the area(s) of engineering, power operations, economic forecasting, accounting, finance or regulatory affairs or a related field or equivalent combination of education and experience.

Minimum Competencies

Proficiency by level: P2: Intermediate proficiency

P3: Advanced proficiency where indicated

- Intermediate knowledge of energy supply and demand drivers and dynamics

- Intermediate knowledge of laws and regulations around energy supply

- Intermediate knowledge of resource strategy concepts and considerations to identify and evaluate potential opportunities for resource acquisition

- Intermediate knowledge of analytical techniques and cost-modeling theory and practices

- Intermediate knowledge of electric market modeling and forecasting tools

- Intermediate knowledge of applicable statutes, policies, rules, regulations and code

- Intermediate to expert level skills in systems and programs used in department

General Competencies

Proficiency by level: P2: Working to Intermediate proficiency

P3: Intermediate to Advanced proficiency

- Advanced project management skills

- Intermediate negotiation skills

- Intermediate analytical thinking skills

- Intermediate business acumen

- Intermediate decision-making skills

- Intermediate enterprise/business awareness skills

- Intermediate presentation/facilitation skills

- Intermediate written/oral communication skills

Physical, Schedule/Attendance, and Cognitive Demands

The following requirements apply to

both P-levels of this position

, unless otherwise noted.

Cognitive Level

- P2: Intermediate

- P3: Substantial

☒ Ability to adhere to set response times, deadlines and time-sensitive tasks

☒ Ability to follow accuracy standards

☒ Ability to follow through on decision-making tasks

☒ Ability to interact effectively and collaboratively within a team environment

☒ Ability to communicate and problem solve when under stress

☒ Ability to respond and adapt to frequent change

☒ Ability to accept and demonstrate self-awareness when provided constructive feedback

☒ Ability to discern feedback and acknowledge ownership of areas of improvement

☒ Ability to avoid future mistakes by applying reasonable skills to new but similar work situations or tasks

☒ Ability to successfully collaborate with peers, managers and others within the organization

☒ Demonstrates sound memory

☒ Ability to process new information to be applied consistently to work tasks

☒ Ability to work long hours

☒ Ability to work a variable schedule

☒ Ability to report to work and perform work during periods of severe inclement weather

☒ Ability to consistently meet attendance standards for regular, reliable, predictable, full-time attendance

Physical Capabilities

☒ Driving/travel/commute

☒ Daily within service territory

☒ Computer use (use computer regularly for entire work shift)

Environment Environment – Indoor/Outdoor

Office – 3 days onsite, 2 days working from home

Compensation Range:

$74,325.00 - $148,625.00

Actual total compensation, including a performance based incentive bonus, is commensurate with experience, skills, qualifications, education, training, and internal equity. While we anticipate the selected candidate for this position will fall towards the middle or entry point of the compensation range, the decision will be made on a case-by-case basis.

PGE believes in rewarding dedicated performance. We provide a total rewards package that is designed to reward your contributions to the company, and, at the same time, support your well-being and professional development, both now and into the future. To find out more, click here.