Principal Risk & Compliance Analyst

Pacific Gas And Electric Company•Oakland, CA

1d•Hybrid

About The Position

The Risk and Compliance Analyst Principal role is focused on the development and oversight of enterprise Compliance department activities designed to increase the maturity of compliance programs and performance across PG&E, including in cross‑organizational work areas and complex regulatory environments. The role will be responsible for: Managing and helping to provide assurance over enterprise Compliance programs, procedures and systems. Act in a consultative capacity as a business partner and Risk and Compliance expert to lines of business, including teams supporting federal and state funding programs. Understanding the general business environment and associated risks and compliance requirements of the enterprise, with emphasis on emerging and evolving regulatory obligations. Supporting the LOBs’ efforts in identifying and assessing organizational compliance requirements and risks, developing controls and metrics and evaluating 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. Supporting a governance structure 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 compliance risks that can affect the business, including cross‑functional requirements associated with loans, grants, and government contracts. Acting as an advocate for and helping train and engage employees and leaders throughout the company in risk and compliance to ensure understanding of compliance program guidance and other needed items to support organization‑wide awareness and facilitate LOB behaviors related to risk and compliance.

Requirements

Bachelor’s degree in in any of Management, Risk and Insurance, Business, Accounting, Finance, or related discipline; or equivalent experience
10 or more years of experience in risk or compliance management, utility operations or related field

Nice To Haves

Prior experience in any of the following: risk or compliance management, utility operations or related field
Advanced analytics and issue resolution skills
Able to work closely with line of business representatives as a true partner
Applies demonstrated knowledge and skill to resolve complex problems
Able to develop complex as is and to be process maps for risk and compliance processes
Able to address complex strategic issues and take a broad perspective to identify innovative solutions
Able to identify and implement program and process improvement opportunities
Ability to speak openly and knowledgably both to peers and leaders on risk and compliance issues
Able to work independently
MBA or Master’s degree in related discipline
Internal Audit, Certified Compliance & Ethics Professional (CCEP) or RIMS certification or equivalent

Responsibilities

Lead the enterprise’s Federal Contract Compliance Program, including support for compliance obligations associated with federal loans, grants, and other government funding.
Provide guidance on the company’s management of cross‑functional compliance obligations, identification of new and changing requirements, and compliance investigations, including labor, sourcing, and reporting requirements.
Create program tools, drive coordinated work on key compliance areas, and work hands‑on with line of business leaders to improve compliance performance, standardization, and program elements.
Lead, implement, facilitate and provide assurance over enterprise‑wide compliance and ethics programs to meet PG&E’s compliance requirements.
Support the LOBs as they: Understand and document State, Federal and local compliance obligations and associated controls and business processes; complete or coordinate compliance validation activities and control effectiveness testing; assess and resolve complex control deficiency issues and ensure remediation actions are effective; assess and analyze regulatory requirements to determine impact and remediation efforts; assess compliance risk and design control risk mitigation plans and support business implementation.
Track and report key compliance metrics, including metrics used to support assurance and reporting for government funding programs.
Provides management and oversight of federal contract‑related compliance requirements and the governance framework and resources that enable LOBs to fully comply with their respective Federal Contract Compliance requirements, including Davis‑Bacon Act, Cargo Preference Act, and other applicable state and federal obligations.
Drives coordination and collaboration among LOBs that share compliance obligations, particularly where requirements span multiple functions or funding sources.
Leads continuous improvement in the enterprise Compliance & Ethics program; consistently demonstrates innovative and new thinking focused on program strategy, guidance document and controls development, compliance risk analysis and monitoring.
Develops risk and compliance program strategies, templates and direction.
Provides subject‑matter expertise and coaching related to risk and compliance management.
Works independently with minimal guidance on complex compliance and risk assessment issues with critical impact to the organization and the company.
Anticipates risk and compliance issues and develops innovative solutions to mitigate risks, including scalable and sustainable program approaches.
May participate in established compliance or risk management forums at the enterprise level.
Develops and coordinates preparation of presentation materials for various levels of management up to and including senior vice president.
Provides support, advice, guidance and recommendations to compliance and ethics stakeholders, including senior leaders, to ensure effective compliance risk management.
Supports integrated planning deliverables related to enterprise compliance and ethics.
Works autonomously and has a solid leadership role and function.
Works with all levels of leadership (up to and including SVP) across functions to influence decisions around risk and compliance issues.
Works with senior management to support strategic planning and decision‑making on risk and compliance issues.
Makes recommendations to functional management, directors, officers and their employees.
Leads, and develops materials for, training and educating employees and leaders 1:1 or in small groups to ensure understanding of compliance management principles and other needed items to support organization‑wide awareness and facilitate LOB behaviors related to compliance.
Assist with other compliance‑related projects and activities as directed.