Senior Grid & Market Settlements 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.

Senior Grid & Market Settlements Analyst

Grid & Market Operations Performance & Analytics processes market settlements and supports the analytics development for operational strategies to optimize PGE’s energy portfolio and grid operations for strategic projects that include integration and optimization of energy supply and energy delivery assets in EIM and EDAM. Supports Real Time and Grid Operations by maintaining training that ensures management and staff training needs are identified, fulfilled and documented as related to market settlement activities.

Key Job Information:

Senior Grid & Market Operations Analyst 6546 Grade 8, Grid & Market Operations Analyst 6545 Grade 7,

Career Level:

P4 Specialist Professional

- Requires specialized depth and/or breadth of expertise Interprets internal or external business issues and recommends best practices

- Solves complex problems; takes a broad perspective to identify innovative solutions Works independently, with guidance in only the most complex situations

- May lead functional teams or projects

Key Responsibilities

- Settlement Management: Support the development and implementation of settlement processes, including the configuration of new and modified charge codes, and the validation of settlement calculations to ensure financial accuracy and alignment with market rules for EIM and EDAM.

- Risk Mitigation: Identify, assess, and address risks related to metering and settlement processes. Implement controls and corrective actions to prevent errors that could impact financial outcomes or regulatory compliance.

- Stakeholder Coordination: Serve as a point of contact for metering and settlement-related queries, working closely with internal teams, CAISO representatives, and other market participants to ensure alignment on objectives and timelines.

- Compliance and Documentation: Documented and comply with CAISO’s regulatory framework. Maintain comprehensive records of all processes, changes, and validations.

- Metering Oversight: Support the configuration and validation of metering systems necessary for CAISO settlement activity, ensuring data accuracy and compliance with EDAM requirements. Oversee the submission and approval of Settlement Quality Meter Data (SQMD) plans.

- Market Research: Researches market design and grid operations; analyzes trends and reports recommendations for new or changed products/strategies; follows changes to the Energy Imbalance Market (EIM) and Extended Day Ahead Market (EDAM) rules in order to integrate market changes to PGE operational systems.

- Grid Operations: Provides operational related analyses, including interpreting operational decision impacts in the context of both financial performance and reliability, data management and information sharing; identifies and implements process improvement opportunities for grid operations in the context of market opportunities; identifies business solutions to operational changes that result from market design and enhancements.

- Subject Matter Expert: Serves as a subject matter expert for operational enterprise-wide projects that bridge both trading floor and grid operational floor; sets and implements data strategy in collaboration with management and leads cross functional teams in developing strategies; provides training and guidance on evaluating projects and trading strategies to less experienced colleagues.

- Analytic Tools: Designs, develops and implements analytic tools and procedures to evaluate and forecast energy and transmission economic opportunities, including financial instruments and regulatory strategies; builds and maintains complex business logics in database and maintains database; provides training and guidance on analytic tools to less experienced colleagues.

- Communications and Presentations: Develops market and grid performance reports and presentations, including natural gas and electric power analytics/forecasts; presents reports and analyses to senior management, grid and power operations staff and other internal stakeholders to support operating strategies; develops technical seminars for operations staff, traders, external clients and others; as a recognized authority, conducts trading strategy meetings with grid and power operations hourly staff and management.

- External Relations: As a recognized authority on energy markets and how they work within the confines of grid operational reliability requirements, participates in energy related forums or leads meetings with other utilities and Governmental and regulatory agencies to share/exchange information; leads or participates with cross functional teams in preparing, filing and presenting regulatory filings; represents PGE’s interests in regulatory and rate case proceedings. Regulatory Compliance Researches and analyzes development, applicability and implementation of energy-related regulations, orders and statutes; implements changes in daily business processes that will ensure compliance with all regulations; provides training and guidance on regulatory compliance to less experienced colleagues.

Education/Experience/Certifications:

Education: Requires a bachelor’s degree in IT, finance, business, economics, engineering or other science field.

Experience: Typically eight or more years in the energy industry or a related field. Experience in operational analytics preferred.

Competencies (Knowledge, Skills, Abilities)

Functional Competencies

Advanced knowledge of electric bulk power generation, transmission and operating systems

Advanced knowledge of the electric utility industry and electric energy markets, including trading, scheduling procedures, state and federal policies and regulations, and underlying physical infrastructure and networks

Advanced skills in analyzing energy market conditions or trends

Advanced skills in statistical and numerical analysis

Advanced knowledge of grid reliability requirements and operations

Advanced computer skills in using Microsoft Office (Excel, Word and PowerPoint), and other analytics programs

Advanced knowledge of programming languages such as VB/VBA, C, Perl, Matlab, Mathematica, Python, Java and SQL

General Competencies

Advanced analytical thinking skills

Advanced business acumen

Advanced decision-making skills

Advanced interpersonal skills

Advanced presentation/facilitation skills

Advanced problem-solving skills

Advanced written and oral communication skills

Physical and Cognitive Demands Cognitive Level Substantial:

Consistent use of logic or scientific thinking to define problems, collect information, establish facts and draw valid conclusions (for example, engineer, HR director, plant manager, etc.).

Cognitive

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

Schedule/Attendance:

Ability to adhere to pre-established schedule, including start/stop time and break/lunch schedule

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

Ability to work shift schedule

Compensation Range:

$89,175.00 - $178,375.00

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.