Asset Management Analyst

Portland General Electric Company•Tualatin, OR

4d•Hybrid

About The Position

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. Job Overview The Asset Management Analyst position reports to the Middle Office Operations department. This position works closely with stakeholders in Power Operations, Structuring and Origination, Risk Management and IT Power Operations to implement solutions to improve the business operations. Some responsibilities are but not limited to; collaborate with internal and external partners on the risk assessment, integration and implementation of short and long-term contracts (after contract execution, pre-COD to pre-settlement, through the lifecycle of the energy trade transaction/deal including extensions and amendments). Project management tasks with to include end to end involvement to ensure milestones are met, identify changes to processes that may be required as part of the contract implementation. Provide/ lead operational support, monitoring contract assets performance opportunities, project related activities, support contracts and settlements teams to facilitate disputes and perform end-to-end contract asset data validation, in collaboration with Power Operations, Structuring/Origination and the counterparty. Researches and analyzes data to inform business decisions and contributes to departmental or overall corporate strategy and long-range planning. Research trends, assimilates data and develops insights and recommendations. Key Responsibilities This position is open to two levels : Financial Risk Analyst (Grade 6 / P2 – Intermediate Professional) and Senior Financial Risk Analyst (Grade 7 / P3 – Career Professional) . The level at which an offer is made will be determined based on the selected candidate’s qualifications, skills, and experience. Requires in-depth utility and/or commodities knowledge and experience in a related field (contracts, risk management, accounting, and project management) Strong interpersonal and communication skills, including the ability to organize and present ideas in a concise, credible, and professional manner to various stakeholder groups Uses best practices and knowledge of internal or external business issues to improve processes Solves complex problems; takes a new perspective using existing solutions Works independently; receives minimal guidance Acts as a resource for colleagues with less experience

Requirements

Requires a bachelor’s degree in accounting, finance, economics or other related field or equivalent experience.
Typically two or more years in related field
3+ years of similar work experience; 2+ years of experience in the renewable energy industry preferred
Typically five or more years in utility or similar energy sector experience in the area(s) of engineering, power operations, economic forecasting, accounting, finance or regulatory affairs or a related field or equivalent combination of education and experience.
Intermediate proficiency where indicated Intermediate knowledge of energy supply and demand drivers and dynamics
Intermediate knowledge of laws and regulations around energy supply
Intermediate knowledge of resource strategy concepts and considerations to identify and evaluate potential opportunities for resource acquisition
Intermediate knowledge of analytical techniques and cost-modeling theory and practices
Intermediate knowledge of electric market modeling and forecasting tools
Intermediate knowledge of applicable statutes, policies, rules, regulations and code
Intermediate to expert level skills in systems and programs used in department
Working to Intermediate proficiency
Intermediate to Advanced proficiency
Advanced project management skills
Intermediate negotiation skills
Intermediate analytical thinking skills
Intermediate business acumen
Intermediate decision-making skills
Intermediate enterprise/business awareness skills
Intermediate presentation/facilitation skills
Intermediate written/oral communication skills
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
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
Driving/travel/commute
Daily within service territory
Computer use (use computer regularly for entire work shift)

Responsibilities

Typically specializes in project management or research and analysis but may perform work in both areas.
Provides data and analytics to support overall company strategy development.
Makes strategy recommendations about adapting the strategy in response to changes in the business environment.
Contributes to enterprise-wide metrics, ensuring they align to strategic objectives.
Prioritizes resource-strategy projects, reconciling time, scope and budget.
In collaboration with business, regional and industry contacts, gathers data and analyzes information to support resource strategy development.
Uses scenarios, models and simulations to support strategy and integration.
Examines data and information, develops hypotheses and makes recommendations.
Develops reports.
Manages moderately complex projects in support of PGE’s overall resource strategy.
Defines scope of work and reconciles to budget.
Defines deliverables and acceptance criteria.
Develops and implements project plan.
Collaborates with stakeholders and assigns work tasks.
Monitors progress and ensures deliverables meet acceptance criteria.
Adapts plan in response to changing environment.
Identifies risks and recommends mitigation steps.
Ensures processes and deliverables meet regulatory requirements, SOX/ Audit and guidelines.
Contributes to process improvements to better capture and reconcile tradeoffs between different supply, demand, energy and capacity resourcing options.
Documents and updates written processes.
Determines which tasks are suitable for outsourcing.
Selects vendors and monitors vendor performance to agreed-upon service levels.
May adapt service level agreements and work with vendors to resolve issues.
May contribute to negotiations with other utilities, energy companies or government agencies on bilateral or multilateral agreements.
Performs research or analysis in support of negotiations.
Recommends actions and provides consultation on new or revised resource strategies; provides solutions to complex resource planning issues.
Reviews the work of project team members and provides coaching and feedback.