Risk Management Analyst (Mid-Level or Senior) - Portland, Oregon #112283

Date: May 30, 2024

Location: PORTLAND, OR, US, 97232

Company: PacifiCorp

PacifiCorp is seeking customer-centric candidates to grow and sustain our commitment to a culture of customer service excellence, environmental sustainability and diversity, equity and inclusion.

General Purpose

Provide independent and objective analysis and support to the front office, risk oversight committee, and senior management through research, gathering and interpreting of data, developing alternatives and recommendations, presenting analyses and recommendations to management, and assisting in the implementation of selected alternatives. Analyses include, but are not limited to, identification and summarization of historical transactions and market data and demonstration of compliance with established risk management policies and procedures.

Responsibilities for this position include the following:

• Daily preparation of market price data and risk reports in support of PacifiCorp’s energy supply management activities.

• Daily monitoring of power and natural gas positions against established risk management limits, including communicating limit breaches to the front office and ensuring resolution of limit breaches as required by the risk management policy.

• Assist in the preparation of responses to internal and external data requests, including summarizing and reporting transaction history, market information, and compliance with risk management limits.

• Assist in the review of power and natural gas transactions for compliance with established risk management policies.

• Assist in preparation of weekly, monthly, and quarterly reports summarizing transaction activity, market activity, gain and loss of hedging transactions, and compliance with all hedging and risk management policies and procedures.

• Assist in preparation of the Company’s semi-annual hedging and risk management report.

• Maintain and enforce the PacifiCorp energy risk management policy.

• Complete special projects as assigned.

In addition to the above, (Senior) level will include the following responsibilities:

• Oversee timely and accurate preparation of all market price data and risk reports.

• Oversee preparation of data responses to internal and external data requests, including review of responses prepared by other groups.

• Communicate with regulatory authorities to present details of the Company’s hedging and risk management program.

• Develop and enhance energy trading system and reporting tools to facilitate accurate reporting of risk metrics.

• Lead documentation, process improvement, control design, system upgrade, and other projects involving multiple energy supply management and supporting departments.

Requirements for this position include the following:

• Bachelor’s degree in Accounting, Business, Economics, Engineering, Finance, or a related quantitative field; or the equivalent combination of education and experience.

• A minimum of three years of experience in risk management, credit, financial analysis, or related quantitative field.

• Analytical skills set with experience in data gathering, analysis, economic evaluations and financial modeling.

• Proficient with the use of personal computers including spreadsheet, word processing, and presentation applications to gather, analyze and present information.

• Experience with financial, statistical, lookup and reference logic, pivot tables, solver, and databases.

• Communication and interpersonal skills including the ability to consult with internal and external customers regarding matters/issues which may be sensitive in nature.

• Ability to work with all levels of an organization including people with different styles and backgrounds; ability to present alternatives and recommendations.

In addition to the above, (Senior) level will include the following requirements

• A minimum of five years of experience in risk management, credit, financial analysis, or related quantitative field.

• Strong analytical and communication skills in quantitative and statistical analysis as well as demonstrated technical writing.

• Ability to work in an unstructured environment managing and simultaneously moving forward on multiple projects.

• Ability to take and defend a position based on knowledge, facts, and data.

• Demonstrated project management, leadership, collaboration, time management, and problem solving skills.

• Knowledge of risk management policies and procedures; applicable federal, state, and local governmental laws and regulations.

Preferences

• Advanced degree in Accounting, Business, Economics, Engineering, Finance, or a related field.

• Fundamental knowledge of energy management and risk management activities in regulated markets, particularly Western power and natural gas.

• Experience with development and maintenance of automation tools using Visual Basic for Applications.

• Experience with energy trading and risk management software.

Additional Information

Req Id: 112283

Company Code: PacifiCorp

Primary Location: PORTLAND

Department: Pacific Power

Schedule: M-F 8-5

Personnel Subarea: Exempt

Hiring Range: $76,200 - $118,400

This position is eligible for an annual discretionary performance incentive bonus of up to 12-15% of salary.

Benefits: Health care, retirement, paid time off, tuition assistance, paid short-term and long-term disability, paid bereavement leave. For more information, please visit: https://careers.pacificorp.com/content/New-Benefits-Page/?locale=en_US

Employees must be able to perform the essential functions of the position with or without an accommodation.

At PacifiCorp, we celebrate diversity, equity and inclusion. PacifiCorp is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, medical condition, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law.

Unless otherwise required by law, all offers of employment are contingent upon the successful completion of a background check and drug screening including for marijuana. While marijuana is legal in several states, including Oregon, a positive test for positions in Oregon may disqualify a candidate. The company complies with the laws of Washington and California and only obtains and considers positive tests for marijuana in safety-sensitive positions or those covered by U.S. Department of Transportation regulations.