Senior Risk & Compliance Analyst

Requisition ID # 166836

Job Category: Compliance / Risk / Quality Assurance

Job Level: Individual Contributor

Business Unit: Engineering, Planning & Strategy

Work Type: Hybrid

Job Location: Oakland; Alameda; Alta; American Canyon; Angels Camp; Antioch; Auberry; Auburn; Avenal; Avila Beach; Bakersfield; Balch Camp; Bay Point; Bear Valley; Belden; Bellota; Belmont; Benicia; Berkeley; Brentwood; Brisbane; Buellton; Burney; Buttonwillow; Calistoga; Campbell; Canyon Dam; Canyondam; Capitola; Caruthers; Chico; Clearlake; Clovis; Coalinga; Colusa; Concord; Concord; Corcoran; Cottonwood; Cupertino; Daly City; Danville; Davis; Dinuba; Downieville; Dublin; Emeryville; Eureka; Fairfield; Folsom; Fort Bragg; Fortuna; Fremont; French Camp; Fresno; Fresno; Fulton; Garberville; Geyserville; Gilroy; Goodyear; Grass Valley; Guerneville; Half Moon Bay; Hayward; Hinkley; Hollister; Holt; Houston; Huron; Jackson; Kerman; King City; Lakeport; Lemoore; Lincoln; Linden; Livermore; Lodi; Loomis; Los Banos; Lower Lake; Madera; Magalia; Manteca; Manton; Mariposa; Martell; Marysville; Maxwell; Menlo Park; Merced; Meridian; Millbrae; Milpitas; Modesto; Monterey; Montgomery Creek; Morgan Hill; Morro Bay; Moss Landing; Mountain View; Napa; Needles; Newark; Newman; Novato; Oakdale; Oakhurst; Oakley; Olema; Orinda; Orland; Oroville; Palo Alto; Palo Cedro; Paradise; Parkwood; Paso Robles; Petaluma; Pioneer; Pismo Beach; Pittsburg; Placerville; Pleasant Hill; Point Arena; Potter Valley; Quincy; Rancho Cordova; Red Bluff; Redding; Richmond; Ridgecrest; Rio Vista; Rocklin; Roseville; Round Mountain; Sacramento; Salida; Salinas; San Bruno; San Carlos; San Francisco; San Francisco; San Jose; San Luis Obispo; San Mateo; San Rafael; San Ramon; San Ramon; Sanger; Santa Cruz; Santa Maria; Santa Nella; Santa Rosa; Selma; Shaver Lake; Sonoma; Sonora; South San Francisco; Springville; Stockton; Storrie; Taft; Tracy; Turlock; Twain; Ukiah; Vacaville; Vallejo; Walnut Creek; Wasco; Washington; Watsonville; West Sacramento; Wheatland; Whitmore; Willits; Willow Creek; Willows; Windsor; Winters; Woodland; Yuba City

Department Overview

Utility Partnerships & Innovation (UP&I) is responsible for the creation of transformative, scalable solutions to interlocking utility challenges through the development of third-party partnerships and the deployment of new technology that directly accelerates PG&E’s long-term strategy. Providing leadership and oversight of non-traditional utility partnerships, R&D, solutions management, load management, electric vehicles/clean energy transportation, and business performance.

The Risk and Compliance team, within Business Performance, is responsible for overseeing the enterprise compliance management practices withing the UP&I organization and facilitating the enterprise Compliance Maturity Model. The team works closely with process owners in UP&I, and other compliance SMEs to provide support to understand risks specific to UP&I, to ensure compliance with various regulatory objectives, and to advance compliance maturity. The team also collaborates with the Enterprise Ethics and Compliance team to mature compliance practices and assessments.

Position Summary

The UP&I Compliance & Risk Analyst, Senior, helps to provide assurance over the Department’s Risk & Compliance programs, procedures, and systems. Must understand the business environment and associated risks and compliance requirements of the Department, and at a general level, the entire LOB; identifying and assessing organizational compliance requirements and operational risks, helping requirement owners develop controls and metrics and evaluate for effectiveness, evaluating control deficiencies, supporting the design of mitigating activities, and helping to facilitate and publish policies and standards, in line with compliance objectives and/or established risk management protocols. Provide an infrastructure that enables business units, departments, and employees 1) to conduct business in compliance with applicable laws, regulations, and policies; and 2) identify, manage, and mitigate operational risks that can affect the business. Act as an advocate for, help train and engage employees and leaders throughout line of business in risk and compliance to ensure understanding of compliance requirements, risk management principles and other needed items to support organization-wide awareness and facilitate Department behaviors related to risk and compliance.

This position is hybrid, working from your remote office and your assigned work location based on business need. The assigned work location will be within the PG&E Service Territory and will be agreed upon by the successful candidate and hiring leader. The preferred work location is Oakland, CA. The incumbent should expect to occasionally travel to San Ramon and/or Oakland General Office (OGO), as needed.

PG&E is providing the salary range that can reasonably be expected for this position at the time of the job posting. This salary 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, internal equity, specific skills, education, licenses or certifications, experience, market value, and geographic location. 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: $102,000.00 to $139,700.00

California: $97,000.00 to $133,100.00

Job Responsibilities

- Provides compliance and risk management expertise to assigned LOB Department(s)

- Applies advanced knowledge to help evaluate requirements, assess risk, monitor compliance and assist department to develop effective remediation plans based on root causes

- Collaborates with leadership on development and maintenance of the risk register for their business unit

- Develop and maintain risk and compliance program inventory, forms, standards, procedures, and other program documents

- Develops and facilitates reviews and updates associated with publications of the organization’s guidance documents

- Supports the organization in managing the updates and creation of applicable standards and procedures

- Provide leadership and insight evaluating control deficiencies in accordance with the company’s framework for evaluating control exceptions and deficiencies to conclude potential impact to the company

- Identifies and evaluates compliance risks and facilitates the mitigation of identified risks

- Provides advice to assigned department(s) to facilitate the design and implementation of effective controls to mitigate the risk and manage compliance requirements; evaluates and documents alternatives and make recommendations to compliance owners

- Documents internal controls and assists with the development and execution of control test plans, including design and operating effectiveness

- Facilitates the identification of new and changing requirements – helping the assigned business unit to research and document new compliance requirements affecting Department(s) and works with diverse organizations to confirm ownership and implement/document controls framework, using LOB risk and compliance processes and systems

- Understands, or can train to understand, the workings of the MetricStream system for the purposes of monitoring/working within the Inventory and Guidance Document best practices of the program

- May identify and monitor operational risks for assigned department(s); ensures effective risk management framework is implemented for identified operational risks

- Develops and coordinates preparation of presentation materials for various levels of management up to and including VP

- Understands and executes nonconformance management and noncompliance remediation activities in support of the corrective action program and mitigation plans

- Presents findings and makes recommendations to functional management and directors

Qualifications

Minimum:

- Bachelor’s degree in any of Management, Risk and Insurance, Business, Accounting, Finance, or related discipline; or equivalent experience

- Requires a minimum of five years of experience in risk or compliance management, utility operations or related field

Desired:

- Master’s degree or equivalent experience

- Certified Compliance and Ethics Professional (CCEP), Leading Professional in Ethics and Compliance (LPEC), Certified Risk Management Professional (RIMS-CRMP), or other compliance/risk related certification as applicable

Knowledge, Skills, And Abilities

- Advanced research and issue resolution skills

- Able to present analysis and evaluation results and output in a cohesive, understandable, and actionable format to department management

- Understands programs, policy, and compliance requirements and to advise on business impacts

- Ability to identify and assess compliance and business risk

- Ability to solicit and integrate information from a variety of sources

- Ability to lead root cause analysis

- Demonstrates advanced understanding of regulatory policy and compliance concepts

- Strong client focus

- Understands the company and regulatory organizational structure and how to interact with and utilize available contacts and resources

- Comfortable with ambiguity and making educated and informed recommendations based on minimal data

- Able to develop effective controls for compliance that are integrated into normal work process

- Can evaluate existing controls for effectiveness and provide recommendations for controls enhancement