Senior/Principal Financial Risk 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.

Join our Financial Risk Management team as a Senior or Principal Analyst, where you’ll play a critical role in managing credit and financial risk across the Power Operations organization. This role combines analytical depth with operational execution, focusing on the evaluation and oversight of financial risk exposure of PGE.

You’ll be responsible for producing daily risk reports, validating forward price curves, and calculating and analyzing key risk metrics such as Profit and Loss (PnL) and Value at Risk (VaR). Your insights will support informed decision-making and help ensure the organization’s financial resilience.

You’ll also support the ongoing management of long-term contract review and collaborate with cross-functional teams to communicate risk insights and support business objectives.

- PGE supports career growth and development. This position will be filled at either the Senior or Principal level, depending on the successful candidate’s experience and qualifications*

Key Responsibilities Risk Operations

- Senior Analyst: Reviews daily transaction data and ensures accurate execution of end-of-day processes in the system of record. Develops and produces end-of-day risk reports, validates key metrics, and communicates with Power Operations to clarify changes or anomalies. Performs forecast updates within the system of record and estimates the position and PnL impacts. Tracks and documents reporting issues, following up to ensure timely resolution. Maintains consistent communication across teams to support operational integrity.

- Principal Analyst: Oversees and improves end-of-day reporting workflows and system execution processes. Identifies recurring issues and leads efforts to enhance data quality and operational reliability. Builds strong cross-functional relationships with Power Operations and other teams to ensure risk reporting is accurate, timely, and actionable. Develops documentation and best practices to support team consistency and long-term process improvements. Demonstrates a deep understanding of the structure and logic behind end-of-day reports and clearly articulates the rationale behind observed changes to ensure transparency and confidence in reporting.

Risk Analysis

- Senior Analyst: Conducts detailed financial and credit risk analyses, including daily PnL and VaR reporting. Supports counterparty/vendor credit reviews and contributes to the development of mitigation strategies (e.g., guarantees, letters of credit).

- Principal Analyst: Designs and improves risk analysis methodologies and reporting frameworks. Leads complex assessments involving structured transactions or emerging risk factors. Serves as a subject matter expert in interpreting VaR and PnL drivers across portfolios. Works with the quantitative analytics team when needed.

Data Management Tools

- Senior Analyst: Maintains and operates risk data tools and systems. Ensures data integrity for pricing, exposure, and risk metrics. Troubleshoots data issues and supports reporting needs.

- Principal Analyst: Designs and implements improvements to data infrastructure and analytics tools. Evaluates new technologies and contributes to long-term data strategy for risk management.

Regulatory Risk Coordination

- Senior Analyst: Supports regulatory-related risk assessments and contributes to documentation for compliance.

- Principal Analyst: Evaluates regulatory changes for potential financial risk impacts. Coordinates with legal and regulatory teams to align risk mitigation strategies with evolving requirements.

As the team evolves, the successful candidate will be expected to adapt to evolving business needs and contribute to future enhancements including but not limited to, risk reporting, analytics, operational processes, credit exposure forecasting, and Gross Margin at Risk (GMaR) reporting.

Principal Level Education/Experience/Certifications

Education Requires a bachelor’s degree in accounting/finance/economics or another related field or equivalent experience

Experience Typically eight or more years in related field Education Requires a bachelor’s degree in accounting, finance, economics or other related field or equivalent experience

Senior Level Education/Experience/Certifications

Education Requires a bachelor’s degree in accounting/finance/economics or another related field or equivalent experience

Experience Typically five or more years in related field Education Requires a bachelor’s degree in accounting, finance, economics or another related field or equivalent experience

Competencies (Knowledge, Skills, Abilities) Principal Level Functional/General Competencies

Advanced knowledge of risk management concepts including claims, insurance and loss prevention, credit analyses and security interests

Advanced knowledge of relevant software tools and report generator applications

Working knowledge of electrical system operations

Advanced financial modeling skills and experience using Microsoft Excel General Competencies Advanced knowledge of enterprise/business acumen

Advanced decision-making skills Advanced written and oral communication skills

Advanced negotiation and diplomacy skills

Advanced organization and prioritization skills

Advanced analytical thinking skills

Senior Level Functional/General Competencies

Advanced knowledge of risk management concepts including claims, insurance and loss prevention, credit analyses and security interests

Intermediate knowledge of relevant software tools and report generator applications

Working knowledge of electrical system operations

Advanced financial modeling skills and experience using Microsoft Excel General Competencies Intermediate knowledge of enterprise/business acumen

Advanced decision-making skills Advanced written and oral communication skills

Intermediate negotiation and diplomacy skills

Intermediate organization and prioritization skills

Intermediate analytical thinking skills

Physical and Cognitive Demands 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 latest information to be applied consistently to work tasks

Schedule/Attendance

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 policy and standards for regular, reliable, predictable, full-time attendance

Driving/travel/commute: Daily within service territory - Frequently

(at least once a week or more)

Driving/travel/commute: Daily within service territory - Occasionally

(one to two times a month or less)

Computer use (use computer regularly for entire work shift)

Environment

Office – Hybrid – 3 days per week in office

 

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.