Principal Risk Analyst

Requisition ID # 160522 

Job Category: Compliance / Risk / Quality Assurance 

Job Level: Manager/Principal

Business Unit: Engineering, Planning & Strategy

Work Type: Hybrid

Job Location: Oakland

Department Overview

The Enterprise Service Delivery (ESD) Business Operations team delivers a broad range of expertise and services to drive integrated, cross-organizational solutions. By providing strategic counsel and program governance, the team helps the organization balance operational strategy, risk, compliance, and continuous improvement. We aspire to build leading programs that enable ESD and PG&E to thrive in their operations.

Position Summary

The ESD Risk Principal is responsible for thought leadership on risk assessment and management strategies, championing the use of data-based, risk-informed decision making, embedding risk management into the company’s fundamental business processes, and providing coaching to assigned functional area risk management teams.  In addition, the Principal will lead projects and programs related to risk governance, data analysis, risk modeling, and process improvement initiatives utilizing the Lean Management System.  The ideal candidate will have demonstrated knowledge and experience in risk management, utility industry operations, building and maintaining relationships at all organizational levels, and a customer service mindset.  The candidate will also have excellent consulting, coaching, verbal and written communication skills, strong analytical and data visualization skills, project or program management skills, initiative, and enthusiasm. 

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.  We would not anticipate that the individual hired into this role would land at or near the top half of the range described below, but the decision will be dependent on the facts and circumstances of each case.​

A reasonable salary range is:​

Bay Area : $136,000.00

Bay Area : $232,000.00

&/OR​

California : $129,000.00

California : $220,000.00

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.

Responsibilities

Thought leadership on risk assessment and management strategies, specifically:

• Developing strategies for risk assessment process improvements using the Lean Operating System
• Aligning risk assessment and management strategies with regulatory decisions and business operating plans
• Influencing risk-related regulatory proceedings
• Identifying and applying benchmark results to enhance all aspects of risk management.
• Identifying and raising difficult issues in a positive way
• Using creative approaches to problem solving and project delivery

Partnering with assigned functional areas to implement risk management policies and standards, specifically:

• Communication and change management related to changes in risk management processes.
• Championing the Lean Operating System and the use of data-based, risk-informed decision making
• Consulting and coaching functional area Risk Owners in crafting presentations to enterprise and Board of Directors governance forums.
• Planning, executing, and facilitating risk-related workshops.
• Embedding risk management into the company’s fundamental business processes
• Tracking and monitoring risk-related obligations and action items to ensure accountability.

Drive projects related to risk management, for example:

• Maintaining the corporate event-based risk register and line of business risk registers.
• Consulting and coaching functional area clients in the development of quantitative risk models.
• Leadership in facilitating line of business, enterprise wide and board-level risk governance forums.
• Assessing strengths and gaps in risk management practices and procedures
• Creating and updating corporate guidance documents  
• Developing communication tools to create visibility to risk management data.

Qualifications

:

• Bachelor’s degree in Business, Economics, Analytics, Actuarial Science or other STEM field or equivalent experience.
• Ten years of job-related experience i.e. enterprise risk management (operational and/or compliance), governance, internal auditing, quality assurance, process improvement, change management, utility operations or other applicable areas.

Desired:

• Master’s Degree or PhD in Business, Economics, Analytics, Actuarial Sciences or STEM field preferred.
• One or more of the following certifications: Project Management Professional (PMP), Risk Management Professional (RMP), Lean Six Sigma Blackbelt, or other Risk Management certification.
• Supply Chain, Environmental management, or combination utility business support services and continuous improvement experience.
• Demonstrated knowledge and experience in utility industry risk management practices.
• Executive and board-level material development and communication experience.
• Demonstrates judgment and listening skills.
• Ability to analyze complex processes and strategies.
• Experience designing and implementing controls to ensure process sustainability.
• Organized and able to effectively manage multiple, diverse tasks and adhere to tight deadlines.
• Demonstrated ability to conveying complex ideas in a way that is easily understood by targeted audiences.
• Ability to communicate effectively, lead client meetings, discuss issues and controls, and report on progress of work product with all levels of functional area and risk management leadership.
• Excellent planning, leadership, and coaching skills
• The ability to build effective relationships across all utility and corporate functional areas.
• Ability to lead without positional authority and positively influence business owners.
• Ability to work effectively as part of a multi-discipline team.
• Advocate and adhere to the PG&E’s stands and virtues at work and in the community.

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