Puget Sound Energy

Principal Financial Analyst

LocationBellevue, WA
Salary$91,100-$151,600

About This Job

Puget Sound Energy is looking to grow our community with top talented individuals like you! With our rapidly growing, award winning energy efficiency programs, our pathway to an exciting and innovative future is now.

PSE's Enterprise Risk Management team is looking for qualified candidates to fill an open Principal Financial Analyst position!

Specific details regarding the work arrangements for this position will be discussed in further detail during the interview process.


Job Description

The Principal Financial Analyst works with Trading and Energy Supply Merchant commercial representatives to identify fir for purpose second line of defense processes to ensure complete portfolio integrity. This role supports the team responsible for quantitative risk modeling and model risk management associated with Puget Sound Energy's wholesale energy procurement. Responsibilities include reporting daily risk exposure and market analytics, collaborating with teams responsible for new asset acquisitions, and developing valuation models for optimization of Puget Sound Energy's assets. The market risk function has responsibility to track energy procurement plans and risk management mandates to ensure approved hedging activities for the natural gas and power portfolios are properly recorded, valued, and reported.

This role upholds the safety compliance standards inherent in PSE’s operating and/or field procedures related to work responsibilities. Additionally, the person in this role promotes and supports a culture of total safety.

The Principal Financial Analyst demonstrates a commitment to conduct business honestly, ethically and consistent with our core values and Code of Conduct, as well as ensures duties are performed in accordance with all regulatory compliance obligations.


Job Responsibilities

Supports the Market Risk and Analytics function as the second line of defense in identifying, managing, and mitigating commercial risk to the organization.

Is an end-to-end deal expert, understanding risk at all parts during the life of a deal, interacting with the functional experts to help identify and suggest remediations to those risks.
Engages in actively managing resources and processes to optimize the efficient analysis of risk across the portfolio, manage change, and prioritize appropriately,
Develops and maintains models and tools used for position and asset valuation, credit risk management, and risk exposure assessments.
Builds and owns reports and analyzes data to identify risk and opportunities as well as make recommendations.
Produces presentations for Trading and Energy Supply Merchant customers, Finance organization management, and the Board of Directors on energy portfolio risk and performance.
Drives process excellence for the analyst team, identifying bottlenecks in risk processes; ensures that error-checking is a natural part of all processes so that output is correct the first time.
Assists in the development and enforcement of the requirements of Puget Sound Energy's Risk Policy, Hedging Policy, and associated procedure materials.
Supports requests from other internal business functions and third-party auditors to fulfill data requests.
Oversees ad hoc requests for model development related to the risk management and marketing of natural gas, power, and generation fuel.
Assists the Manager of Market Risk and Analytics in driving a vision for the analyst team to aspire to by defining a clear path to get there.
Continually improves analytical capabilities via internal and external networking and staying current on innovations in financial metrics and techniques.
Leads the analyst team in the delivery of recommendations resulting from quantitative and qualitative analyses.
Anticipates and identifies areas of opportunity or inherent business risks evident in the data and communicates action plans to management.


Additional Responsibilities

Company & Industry Acumen - Consistently demonstrates a breadth of industry and company knowledge and viewed by peers and external leaders as a key resource; has the ability to extract key findings from an analysis and relay that information to key stakeholders; works to refine and expand knowledge base continually and drives improvement throughout processes.

Collaboration - Partners with directors and senior management to drive strategic initiatives and long-term business objectives. Work products give leadership confidence in individual’s ability to drive collaborative efforts with some guidance.
Customer Focus - Consistently anticipates customer needs and proactively identifies ways to improve customer experience.
Innovation & Process Improvement - Takes ownership of personal and departmental responsibilities while identifying and proactively implementing improvements to processes, procedures and systems; that appropriately considers stakeholder feedback. Manages time to create capacity to focus on value added work. Ensures individual knowledge and skills are up to date with current industry standards and actively shares knowledge with others.
Strategic – Uses strategic thinking and critical reasoning to create solutions and drive value within business and team to meet strategic objectives. Often anticipates and is proactive in addressing potential issues.
Influence – Uses analysis to provide cross-functional feedback, aligned with strategic objectives, which supports and drives business decisions.
Leadership - Provides guidance, assists in training, and delegates within department. Responsible for leading departmental and cross-functional project teams.
Performs other duties as assigned.


Minimum Qualifications

Bachelor’s Degree in Business, Finance, Accounting or related field and/or equivalent experience with progressively increasing level of responsibility

5+ years in finance roles with progressively increasing levels of responsibility
Excellent communication, writing and presentation skills with the ability to interface effectively with all levels of management
Ability to work effectively without direct supervision in a fast paced, stressful, and multitasking environment


Desired Qualifications

Master's Degree in a quantitative field or MBA

Applicable Finance Certification (CFA, CPA, CTP)
5+ years of experience in the gas and/or electric industry
Demonstrated ability to manage multiple projects and create capacity
Ability to adapt and react to unforeseen business decisions and situations
Experience leading and delivering projects under tight deadlines
Experience building and maintaining dashboards using PowerBI, SQL Server, or similar tools.


Additional Information

At PSE we value and respect our employees and provide them opportunities to excel. We offer a competitive compensation and rewards package.

The pay range for this position is $91,100.00 - $151,600.00, and this position is eligible for annual goals based incentive bonuses.

PSE offers a suite of benefits to our employees. Employees are eligible for medical, dental, vision, basic life, and short- and long-term disability insurance. There are additional voluntary options of supplemental life insurance, accidental death and dismemberment insurance, flexible spending accounts for health care and dependent daycare, and an Employee assistance program (EAP). For long term savings, PSE offers a 401(k) investment option and a cash balance retirement plan. Employees will also receive Paid Time Off (PTO) and Paid Holidays throughout the calendar year. Detailed benefit overviews can be found on our Career page - Why Work For Us (pse.com).

Families and businesses depend on PSE to provide the energy they need to pursue their dreams. Our steadfast commitment to serving Washington communities with safe, dependable and efficient energy started in 1873. Today we're building the Northwest's energy future through efforts like our award winning energy efficiency programs and our leadership in renewable energy.

Puget Sound Energy is committed to providing equal employment opportunity to all qualified applicants. We do not discriminate on the basis of race, color, religion, sex, national origin, age, sexual orientation, gender identity, marital status, veteran status or presence of a disability that with or without reasonable accommodation does not prevent performance of the essential functions of the job, or any other category prohibited by local, state or federal law.

Should you have a disability that requires assistance and/or reasonable accommodation with the job application process, please contact the Human Resources Staffing department at jobs@pse.com or 425-462-3017.

Similar Jobs

Trending Jobs

company-logo

Electrical Engineer

Dudley Staffing
Job TypeFull-time
Salary
$55 - $75
Canonsburg, PA
5 months ago
company-logo

Division Order Analyst

Coronado Resources
Job TypeFull-time
 
Dallas, TX
about 2 months ago
company-logo

Professional Landman

Penterra Services, LLC
Job TypeContract
 
Lovington, NM
26 days ago
company-logo

Accounts Payable Clerk

LPR Energy
Job TypeFull-time
Salary
$65000 - $65000
Dallas, TX
2 months ago
company-logo

Division Order Landman

R. Lacy Services, Ltd.
Job TypeFull-time
 
Longview, TX
about 1 month ago
company-logo

contract landman

HPS Oil & Gas Properties
Job TypeFull-time
 
Lafayette, LA
4 months ago
company-logo

Oil and Gas Land and Title Analyst - SAM Associate II

Bank of America
Job TypeFull-time
 
Dallas, TX
3 months ago
company-logo

Attorney

Toeppich & Associates
Job TypeFull-time
 
Houston, TX
over 1 year ago
company-logo

Title Landman

Sustain Land Services
Job TypeFull-time
 
Norman, OK
3 months ago
company-logo

Senior Landman

Greenlake Energy
Job TypeFull-time
 
Austin, TX
3 months ago
company-logo

Oil and Gas Title Attorney

Oliva Gibbs PLLC
Job TypeFull-time
 
Houston, TX
2 months ago
company-logo

Electrical Designer

Dudley Staffing
Job TypeFull-time
Salary
$45 - $60
Canonsburg, PA
5 months ago
company-logo

contract Landman

HPS Oil & Gas Properties
Job TypeFull-time
 
Midland, TX
4 months ago
company-logo

Title Reviewer

Innovation Land Services
Job TypeFull-time
 
Pittsburgh, PA
5 months ago
company-logo

Civil/Structural Designer

Dudley Staffing
Job TypeFull-time
Salary
$30 - $60
Canonsburg, PA
5 months ago
company-logo

Landman

Stockyards Energy Land Services
Job TypeContract
 
Akiachak, TX
6 months ago
company-logo

contract Landman

HPS Oil & Gas Properties
Job TypeFull-time
 
Cheyenne, WY
4 months ago
company-logo

Mechanical/Piping Engineer

Dudley Staffing
Job TypeFull-time
Salary
$55 - $75
Canonsburg, PA
5 months ago
company-logo

E & I - Office/Field Administration

Surepoint Group
Job Typefull_time
 
Grande Prairie, AB
29 days ago
company-logo

Human Resources Business Partner

Copeland
Job Typefull_time
 
Lebanon, MO
3 days ago

Notice: The inclusion of job postings or company information on our platform does not imply endorsement, partnership, or affiliation. Listings may include publicly available roles from various sources, and companies shown may not have a direct relationship with Energy Hire.