Expert Portfolio Management Analyst
Requisition ID # 148004
Job Category: Accounting / Finance
Job Level: Individual Contributor
Business Unit: Energy Policy & Procurement
Work Type: Hybrid
Job Location: Oakland
The Energy Policy and Procurement (EPP) organization procures energy-related products and leads PG&E’s policy activities for energy proceedings, actively participating in regulatory and legislative proceedings that shape the design and implementation of state, regional, and federal energy regulations, and policy. In addition, EPP is responsible for long-term planning, risk management, and compliance functions related to PG&E’s energy portfolio.
All employees are responsible for performing their jobs in accordance with PG&E's vision and values and for conducting sales/procurement in accordance with PG&E's Risk Management Policy.
The Expert Analyst position in Portfolio Management will lead and perform portfolio analysis associated with leading PG&E’s commercial activities involving RA, energy, CRR, GHG, and LCFS procurement and lead various compliance reporting obligations to the CPUC, CEC, CARB, and CAISO. This position will collaborate with internal and external partners to perform detailed analyses on one or more relevant compliance or procurement topics. Drive commercial activities to ensure sales/procurement meets various regulatory requirements at reasonable costs. The position may fulfill other duties as appropriate to any portion of the overall department.
This position is hybrid, working from your remote office and your assigned work location based on business need. The assigned work location will be within the PG&E Service 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. This job is also eligible to participate in PG&E’s discretionary incentive compensation programs.
A reasonable salary range is:
Bay Area Minimum: $122,000.00
Bay Area Maximum: $194,000.00
California Minimum: $116,000.00
California Maximum: $184,000.00
- Leads complex tasks such as development of forward electric position, development of procurement plans, or the evaluation of alternatives for mitigating PG&E’s risk exposure at the wholesale energy portfolio level.
- Owns Power Purchase Agreement development or Commission advice letter drafting.
- Design, implement, and maintain high-quality data infrastructure to support business needs.
- Software engineering experience building fault-tolerant, distributed, and scalable automation.
- Create efficient, scheduled ETL pipelines and stewarding technical standards and quality.
- Autonomously develops and implements plans and processes to accomplish Portfolio Management goals including preserving reliability and procuring least-cost resources.
- Leads strategy development and execution in commercial activities.
- Design, implement, and support a platform in providing access to large datasets
- Drives continuous improvement processes.
- Lead strategy analysis and quantitative measurement.
- Leads the PG&E management and regulatory approval process for specific transactions.
- Researches and communicates emerging regulatory or policy issues.
- Provide guidance and recommendations on complex issues to PG&E management.
- Bachelor’s Degree with coursework in energy and environmental science, computer science, mathematics, engineering, or equivalent field of study or equivalent experience
- 6 years of job related experience
- Master’s Degree
- Knowledge of wholesale energy markets, power/gas products (e.g., RA, Energy, GHG, CRR, LCFS), energy procurement contracts, energy trading, and regulations
- Familiarity with supply and demand side electricity markets including nuclear, hydro, fossil, solar, wind, energy storage, QF/CHP, biomass, GHG emissions and offsets, energy efficiency, demand response, and/or distributed generation.
- Advanced skill with MS Office Suite
- Programming capability, particularly in Python
- Perform cost, benefit, and risk analysis at the individual and the portfolio asset levels.
- Developing analytics for optimizing operations in natural gas or electricity businesses.
- Researching and applying quantitative techniques in taking care of issues in natural gas or electricity businesses.
- Experience defining and implementing best practices and coding standard for ETL/ELT pipelines, frameworks
- Experience with BI tools and Analytics Technologies (e.g. PowerBI preferred, Tableau, Looker)
- Database development experience and knowledge, with the ability to extract data from various sources (ie. SQL)
- Demonstrated experience with optimization techniques including linear programming and mixed-integer programming.
- Experience in applying these techniques to real-world problems, preferably in the context of the power market commitment and dispatch.
- Familiarity with formulating optimization problems and implementing strategies to solve them using Python (SciPy and Pyomo).
- Knowledge of various optimization algorithms and solvers, and the ability to select the most appropriate one for a given task.