Contracts Analyst - Senior/Principal Financial Risk Analyst

Portland General Electric•Tualatin, OR

1d•Hybrid

About The Position

At PGE, the Contracts Analyst is responsible for supporting the full contract lifecycle, including drafting, reviewing, analyzing, negotiating, and managing contracts to ensure compliance with company policies, legal requirements, and business objectives. This role partners closely with Structuring and Origination, Front Office Trading, Legal, Procurement, Finance, Risk Management, and business stakeholders to mitigate contractual risks and support operational efficiency. This position is open to two P-levels: Senior Financial Risk Analyst (Grade 7 / P3 – Career Professional) and Principal Financial Risk Analyst (Grade 8 / P4 – Specialist Professional), with the offer level determined by the candidate's qualifications. The addition of a Contracts Analyst is critical to support increasing contractual complexity, regulatory requirements, and operational demands across energy trading, settlements, and contracts functions. This role will reduce financial risk, improve contract lifecycle efficiency, and strengthen compliance, particularly in preparation for evolving market structures such as EDAM. Responsibilities include drafting, analyzing, and redlining NDAs, MSAs, and SOWs, ensuring alignment with legal standards and commercial objectives. The analyst must be able to read, interpret, and analyze contracts for risk and compliance, identify unfavorable or non-standard terms, understand clause interaction and downstream impacts, and summarize contract terms to provide recommendations to stakeholders. This role supports power wholesale market management by identifying and analyzing potential contractual risks, ensuring contracts comply with applicable laws, regulations, and internal policies, and supporting regulatory, audit, and risk management reviews. It also involves monitoring changes in contract-related policies or standards and protecting the organization’s financial, legal, operational, and reputation interests.

Requirements

Bachelor’s degree in accounting/finance/economics/legal studies or other related field or equivalent experience.
Typically five or more years in related field (for Senior Financial Risk Analyst P3).
Typically eight or more years in related field (for Principal Financial Risk Analyst P4).
Advanced knowledge of risk management concepts including disputes and litigation, non-compliant data privacy clauses, missing governing law or jurisdiction, poorly defined service levels (SLAs), and invalid limitation of liability.
Advanced financial modeling skills and experience using Microsoft Excel.
Intermediate to Advanced enterprise/business acumen.
Intermediate to Advanced decision-making skills.
Intermediate to Advanced written and oral communication skills.
Intermediate to Advanced negotiation and diplomacy skills.
Intermediate to Advanced organization and prioritization skills.
Intermediate to Advanced analytical thinking skills.

Responsibilities

Support the full contract lifecycle, including drafting, reviewing, analyzing, negotiating, and managing contracts.
Ensure compliance with company policies, legal requirements, and business objectives.
Partner closely with Structuring and Origination, Front Office Trading, Legal, Procurement, Finance, Risk Management, and business stakeholders.
Mitigate contractual risks and support operational efficiency.
Reduce financial risk, improve contract lifecycle efficiency, and strengthen compliance, particularly in preparation for evolving market structures such as EDAM.
Draft, analyze, and redline NDAs, MSAs, and SOWs while ensuring alignment with legal standards and commercial objectives.
Read, interpret, and analyze contracts for risk and compliance.
Identify unfavorable or non-standard terms.
Understand clause interaction and downstream impacts.
Summarize contract terms and provide recommendations to stakeholders.
Support power wholesale market management by identifying and analyzing potential contractual risks.
Ensure contracts comply with applicable laws, regulations, and internal policies.
Support regulatory, audit, and risk management reviews.
Monitor changes in contract related policies or standards.
Protect the organization’s financial, legal, operational, and reputation interests.
Coordinate the negotiation of contracts terms with vendors and counterparties (including guarantees, letters of contracts, contracts support annex, etc.).
Develops contract risk definitions; works with management to design, implement and sustain an effective risk management program and coordinates efforts across the organization to ensure alignment with program objectives.
Conducts analyses and develops reports across complex data sets requiring unique/new analysis approaches; develops reports containing recommendations for management and works with internal clients to implement approved recommendations.
Design and implement controls for contract accuracy and settlement alignment.
Support SOX controls including contract review, approval workflows, and documentation.
Ensure segregation of duties and proper approval authority in contract execution.
Evaluates contracts to ensure compliance with applicable laws, regulations, and regulatory expectations throughout the contract lifecycle.
Leads increasing efficiency of business processes (automated and manual) and data gathering/processing for analysis and reporting purposes.
Maintains, makes recommendations for improvement and updates contracts policies, procedures and scoring matrices; trains others in contracts review and analysis; performs contracts risk analyses; makes recommendations to management on appropriate actions; negotiates and prepares letters of agreements.
Leveraging the analysis of others, identifies broad risks to the company and leads the development and implementation of recommended mitigation strategies; establishes and maintains department's operating plans and budgets related to specific mitigation strategies; works, leads, and/or coordinates work with outside specialists and effectively leads/teaches others how to interpret and perform complex analysis (Principal level).
Provides oversight/leadership to team on negotiating contracts terms with vendors and counterparties (including guarantees, letters of agreements, contracts support annex, etc.) (Principal level).
Develops common definitions of risk for the entire organization; works with executive management to design, implement and sustain an effective risk management framework and program and coordinates efforts across the organization to ensure alignment with program objectives; reports out to executive senior leadership and Board of Directors (Principal level).
Leads analyses and report development for companywide risk analysis assessments; leads analyses, reporting and implementation of counterparty/vendor contracts review and risk mitigation (Principal level).
Serves as an expert resource in the organization's risk management tools (Principal level).
Serves as an expert resource and consultant in the organization on how to analyze contracts risk and develop contracts risk mitigation strategies (Principal level).