Portfolio Management Analyst

Requisition ID # 166753

Job Category: Accounting / Finance

Job Level: Individual Contributor

Business Unit: Engineering, Planning & Strategy

Work Type: Hybrid

Job Location: Oakland

Department Overview

The Energy Policy and Procurement (EPP) organization procures wholesale energy-related products and manages PG&E’s policy activities for energy proceedings, actively participating in regulatory and legislative proceedings that shape the design and implementation of state, regional, and federal energy regulations and policy. In addition, EPP is responsible for long-term planning, risk management, and compliance functions related to PG&E’s wholesale energy portfolio.

The Commercial Procurement Department is responsible for procuring the Company’s wholesale power purchase contracts including those specifically for renewable energy and storage resources. The team manages procurement program solicitations, each of which must be designed to procure specific energy and capacity products to satisfy the policy objectives at minimum cost.

The Procurement Strategy Team within Commercial Procurement is responsible for developing, optimizing, and implementing EPP’s long term procurement plans and strategies designed to drive customer benefit and meet the state’s reliability, greenhouse, and other policy goals.

Position Summary

PG&E is seeking a highly motivated Analyst who can develop and manage cross-functional projects, products or processes. The candidate will also have excellent written and verbal communication skills and demonstrated experience in informing and influencing senior leadership and key stakeholders.

This role will work closely with partners of the Procurement Strategy team including EPP’s commercial and policy teams as well as the Law, Risk, and Regulatory Affairs departments. Success in this position will require the Analyst to have a strong understanding of ongoing policy and market changes and an ability to develop qualitative and quantitative frameworks for commercial decisions.

This position is hybrid, working from your remote office and your assigned work location based on business need. The work location is Oakland, CA.

PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job. The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity. Although we estimate the successful candidate hired into this role will be placed between the entry point and the middle of the range, the decision will be made on a case-by-case basis related to these factors. This job is also eligible to participate in PG&E’s discretionary incentive compensation programs.

A reasonable salary range is:

Bay Area Minimum: $93,000-$139,000

Reporting Relationship

This position reports to the Manager, Procurement Strategy.

Job Responsibilities

- Assist in development of EPP’s long-term procurement strategies and plans, optimizing across all procurement workstreams to meet the state’s reliability, renewable portfolio standard and greenhouse gas requirements, align with the company’s overall clean energy mission and goals, minimize regulatory and financial risk, and maximize customer value.

- Support Commercial Procurement engagement in policy development associated with regulatory and legislative initiatives that impact commercial objectives.

- Assist in developing procurement implementation strategies to meet PG&E electric portfolio needs.

- As needed, provide analysis related to market trends, emerging technologies and opportunities, regulatory frameworks, pricing, etc to support commercial procurement activities.

- Support regulatory filings related to EPP procurement workstreams such as the Bundled Procurement Plan (BPP) and Renewable Portfolio Standard (RPS) Plan. Ensure alignment with long-term procurement strategies and plans.

- Build partnerships and working relationships across internal and external stakeholder groups.

Qualifications

Minimum:

- Bachelor’s Degree with coursework in a business-related field, mathematics, engineering, or equivalent field of study; or equivalent experience

- 1 years of job-related experience

Desired:

- Master’s or other advanced degree in a related field.

- Two years of work experience in the wholesale supply side, development side, or strategy/policy side of the energy industry

- Knowledge of the procurement needs for the Company’s wholesale energy portfolio, the impacts of, the company’s competitive position, and rules and regulations that impact procurement

- Ability to present highly complex data and findings to diverse audiences; to lead Company development activities and to represent Commercial Procurement in discussions of electric procurement issues

- Knowledge of organizational structures, decision making and governance procedures regarding commercial procurement

- Ability to influence key decision makers

- Ability to manage major cross-functional projects and initiatives

- Ability to analyze complex problems and recommend solutions despite incomplete information and limited time

- Demonstrated focus on quality, efficiency, and continuous improvement.

- Excellent communication skills – interpersonal, written and presentation, including experience and ability to deliver executive level briefings – taking complex concepts and describing them thoroughly and succinctly.

- Excellent project management skills.

- Working knowledge of Microsoft analysis tools such as Microsoft Excel, VBA or SQL.

- Experience working with and analyzing large data sets