Senior Principal Enterprise 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.

Job Function Summary

Responsible for enterprise risk management, including safety, reliability, financial, customer satisfaction, and other forms of business risk. Identifies and analyzes potential sources of loss to minimize risk. Consults on risks to company business strategy. Collaborating with network of business partners facilitates development and implementation of controls and cost-effective approaches to minimize the organization's risks. Assesses and communicates information regarding business risks with functions across the organization as a senior member of the Enterprise Risk Management team. May be asked to provide briefings to executives and to prepare reports that will be shared with Audit and Risk Committee of the board of directors.

This position will play a significant role in establishing, shaping, and enhancing the ERM program and risk culture. The successful candidate will help the company to assess and analyze a wide range of risks utilizing a structured and systematic risk management framework through regular interactions with subject matter experts and senior leaders throughout the company.

Enterprise Risk Management (ERM) roles is evolving and expanding. ERM plays a very important role in the rapidly changing electric industry in general, and in PGE as an industry lead in particular. The ERM Principal Analyst plays a significant role helping the company to identify and manage risks and opportunities that are ahead of PGE in this dynamic and changing environment. The role of ERM is also expanding to assist internal clients to better access and analyze operational risk and further integrate risk in corporate's strategy, goals, and financial planning activities and decision-making processes.

Key Responsibilities

Risk Assessment Leveraging the analysis of others as well as emergent conditions and market factors, proactively 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 and leads day-to-day activities of junior peers.

Enterprise Risk Management Develops and implements common definitions of risk for the entire organization; works with executive management to design, implement, lead 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 leadership and board of directors.

Risk Analysis Proactively leads analyses and report development for companywide risk analysis assessments; leads analyses, reporting and implementation of counterparty/vendor credit review and risk mitigation (e.g., guarantees, L/Cs).

Regulatory Analyses Coordinates potential risk mitigation or insurance programs with legislative and regulatory interests as the company's expert representative.

Data Management Tools Serves as an expert resource in the organization's risk management tools.

Business Partnering and Program Management Serves as a thought leader for senior leaders. Proactively anticipates needs and develops, communicates and coordinates risk management solutions to meet key business objectives. Manages relationships with strategic internal clients and acts as their business partner and consultant while typically leveraging various risk management teams to deliver solutions.

Education/Experience/Certifications

Education Requires a bachelor's degree in accounting, finance, economics or other related field or equivalent experience

Experience Typically ten or more years in related field

Certifications, Licenses and Training Advanced degree or specialized certifications in relevant fields preferred

Competencies (Knowledge, Skills, Abilities)

Functional Competencies

Expert 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

Advanced knowledge of electrical system operations and other physical asset networks

Advanced financial modeling skills and experience using Microsoft Excel

General Competencies

Expert knowledge of enterprise/business acumen

Expert decision-making skills

Expert written and oral communication skills

Advanced negotiation and diplomacy skills

Advanced organization and prioritization skills

Advanced analytical thinking skills

Physical and Cognitive Demands

Cognitive Level

Substantial: Consistent use of logic or scientific thinking to define problems, collect information, establish facts and draw valid conclusions (for example, engineer, HR director, plant manager, etc.).

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 new information to be applied consistently to work tasks

Schedule/Attendance

Ability to adhere to pre-established schedule, including start/stop time and break/lunch schedule

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

Physical Capabilities

Driving/travel/commute

Daily within service territory

Frequently (at least once a week or more)

Overnight inside/outside the service territory

Occasionally (one to two times a month or less)

Computer use (use computer regularly for entire work shift)

Environment - Indoor

Office environment

Compensation Range:

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.

Join us today and power your potential!

Assisting with storms or other Company emergencies is a part of all positions at Portland General Electric.

PGE is committed to diversity and inclusion in the workplace and is an equal opportunity employer. PGE will not discriminate against any employee or applicant for employment based on race, color, national origin, gender, gender identity, sexual orientation, age, religion, disability, protected veteran status, or other characteristics protected by law.

PGE does not discriminate on the basis of disability. We recognize individuals have a variety of abilities to offer and we believe there is much to value and celebrate by incorporating different abilities into the work we do. One very important way we live this out is in our application and interview process. We work hard to support individuals who may need an accommodation to fully participate in these processes. If you feel you may need an accommodation, or would like to request one, please notify the Talent Acquisition Specialist (Recruiter) associated with the job posting. You may also make this request by contacting talentacquisition@pgn.comor by calling 503-464-7250. The Recruiter will provide information and next steps for the accommodation process. Our Diversity, Equity & Inclusion (DEI) team is also available for support. You can contact them at dei@pgn.com.

To be considered for this position, please complete the following employment application by the posting close date. Posting closes at midnight (Pacific Time) on the closing date below. If no date is listed, job is open until filled.