PG&E Corporation

Analysis & Modeling Risk Analyst, Principal

Posted on: 22 Mar 2021

San Francisco, CA

Job Description

Position Summary

This position will serve as a Principal, Risk Strategy in the Enterprise and Operational Risk Management (EORM) department. The EORM department is charged with overseeing the management of enterprise and operational risks for the company, excluding credit and market risks.

This position reports to the Senior Manager, EORM Risk Strategy, and will be responsible for:

Integrating the CPUC Safety Model Assessment Phase (S-MAP) risk framework into PG&E regulatory proceedings, most importantly, the General Rate Case (GRC), Risk Assessment and Mitigation Phase (RAMP), and other related filings.

* Assisting in the implementation of a Risk Informed Portfolio Prioritization Framework, in alignment with risk quantification efforts.

Assisting in the coordination and development of regulatory strategy with respect to enterprise risk management

Working across LOBs to implement Safety Model Assessment Proceeding (S-MAP) decisions and drive thought leadership in the areas of portfolio optimization and risk tolerance.

The ideal candidate has:

Working knowledge of PG&E's GRC regulatory process and content. The candidate is expected to be a major contributor in developing testimony on risk-related topics, respond to data requests and serve as lead for EORM on other formal communications.

* Strong communication and writing skills. A proven ability to translate complex issues into straightforward concepts easily understood by non-technical personnel.
* A proven ability to collaborate with a diverse stakeholder community to implement quantitative, risk informed project planning and budgeting across PG&E's Lines Of Business (LOBs).

Working knowledge on PG&E business finance/cost accounting practices, utility budgeting and project planning process.

A results and process-oriented mindset with emphasis on creating and maintaining clear and effective documentation.

A proven ability to lead teams, with or without positional authority, in complex evaluation, analysis, modeling and communication of risk-related issues.

A Track record of large project / program management success

Demonstrated ability to deliver technical projects with a team, often working under tight time constraints with many stakeholders involved.

An energy and passion for quantitative risk analysis and management

The ideal candidate also will have knowledge of the Utility industry and operations; ability to build and maintain relationships with LOB risk managers and risk owners; participate in risk management workshops and governance forums (internal and external); and help continue to embed data-driven, risk-based decision making into the company's fundamental business processes.

Job Responsibilities

Serve as an EORM Subject Matter Expert on integration of the S-MAP risk framework into PG&E's GRC filing. Prepare EORM risk modeling and management testimony, and assist LOBs in developing risk-based testimony. Respond to data requests and other communications.

Assist with the implementation of the Risk Informed Portfolio Prioritization Framework, including driving continuous improvement and working with LOBs to resolve issues and incorporate feedback.

* Implementing the Safety Model Assessment Proceeding (SMAP) settlement agreement and decision. This requires the annual filing of Safety Performance Metrics, Risk Mitigation Accountability and Risk Spending Accountability Reports, etc.

Qualifications

Minimum:

Bachelor's Degree in Business Administration, Economics, Engineering or job-related discipline or equivalent experience.

Experience in electric/gas operations, risk management, quantitative modeling, internal auditing, quality assurance, or other applicable areas or related, 10 years.

Desired:

Project Management certification.

Process-oriented mindset with an emphasis on creating and maintaining effective documentation.

Demonstrated knowledge and experience in:

California IOU GRC process

Utility budgeting and project planning process.

Ability to communicate effectively, lead client meetings, discuss issues and controls, and report on progress of work product with client manager, director, or project team

Ability to work effectively as part of a multi-discipline team

Demonstrates judgment and listening skills

Ability to analyze more complex processes and strategies

Can maneuver through complex organizational situations effectively and without disruption

Ability to positively influence without positional authority

Ability to build effective relationships across lines of business

Flexible, organized and able to effectively manage multiple, diverse tasks and adhere to tight deadlines

PG&E Corporation

San Francisco, CA

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to residential, commercial, industrial, and agricultural customers in northern and central California, the United States. The company’s electricity distribution network consists of approximately 107,000 circuit miles of distribution lines, 50 transmission switching substations, and 769 distribution substations; and electricity transmission network comprises approximately 18,000 circuit miles of interconnected transmission lines and 84 electric transmission substations.

Its natural gas system consists of approximately 43,100 miles of distribution pipelines, approximately 6,400 miles of backbone and local transmission pipelines, and various storage facilities. The company also owns and operates nuclear, hydroelectric, fossil fuel-fired, and solar electricity generation facilities. PG&E Corporation was incorporated in 1995 and is based in San Francisco, California. On January 29, 2019, PG&E Corporation Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Northern District of California.

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