Asset Management Risk Principal

Requisition ID # 146158 

Job Category: Compliance / Risk / Quality Assurance 

Job Level: Manager/Principal

Business Unit: Electric Operations

Work Type: Hybrid

Job Location: Auburn; Chico; Fresno; Redding

Department Overview

PG&E’s Power Generation Department manages and operates the largest privately-owned hydroelectric system in the nation. These renewable electric generation resources, located mostly at high elevation in California mountain ranges including the Sierra Nevada and southern Cascade mountains include 68 powerhouses, 184 miles of canals, 41 miles of flumes, 135 miles of tunnels, 19 miles of penstocks, 99 reservoirs, and 142,000 acres of watershed lands all covered by 26 operating licenses issued by the Federal Energy Regulatory Commission (FERC).

Position Summary

The Risk Analyst is responsible for supporting an effective and efficient safety risk management program for Power Generation. The position develops and implements a risk management framework, consults across the line of business to analyze risks and develop mitigation plans.   Develops and maintains an asset risk register, coordinating with the various asset family owners across the line of business, to track operational and enterprise risks and the execution and effectiveness of risk mitigation activities. Serves as a liaison with the enterprise risk management function, ensuring alignment and common understanding of risks. Prepares reporting and analysis for the line of business and the enterprise. Supports the development of the RAMP filing for Power Generation and responds to GRC and other regulatory data requests, including the supporting analysis.

•  This position is hybrid, working from your remote office and your assigned location based on business need.
• Postion location will be within Hydro System territory.

PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job.  The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity.  Although we estimate the successful candidate hired into this role will be placed towards the middle or entry point of the range, the decision will be made on a case-by-case basis related to these factors.

CA Minimum: $125,000

CA Maximum: $215,000

AND/OR

BAY Minimum: $132,000

BAY Maximum: $226,000

This job is also eligible to participate in PG&E’s discretionary incentive compensation programs. 

Job Responsibilities

• Serves as a subject matter expert (SME) for operational / business risk strategy within assigned line of business. Leads risk assessment efforts across line of business. in accordance with PG&E standard practice.
• May own risk register or collaborate with leadership on its development and maintenance. Oversees coordination of updates working with asset family stakeholders and risk champions.
• Provides process support, advice, and recommendations to ensure effective risk management within the business.
• Works with line of business clients to develop, implement, and monitor appropriate risk mitigation activities and controls.
• Recognizes and communicates internal and external developments that may impact risks.
• Leverages risk information to understand and challenge business decisions.
• Supports development of best practices in risk management across line of business.
• Develops and coordinates the preparation of presentation materials for various levels of management, including executives. 
• Coaches less experienced risk analysts.
• Participates in established risk management forums at the enterprise level.

Qualifications

Minimum:

• Bachelors Degree or equivalent experience
• Experience in risk management, or related, 10 years

Desired:

• Engineering degree
• Certification in risk management, quality engineering, or safety engineering
• Master’s degree
• Extensive knowledge of risk analysis and assessment
• Knowledge of gas and/or electric operations business
• Strong communication skills for all levels of organization, both verbal and in writing
• Project management skills
• Ability to work across multiple functions and build strong working relationships
• Ability to facilitate decision-making
• Ability to synthesize complex issues into easy- to-understand concepts
• Ability to influence varying levels of leadership and collaborate with cross-functional teams.
• Ability to manage multiple competing priorities to completion.
• Ability to handle confidential and sensitive information.
• Ability to engage appropriate SMEs in problem- solving teams
• Ability to multi-task and meet critical deadlines while delivering high quality work products

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