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Portland General Electric Senior Manager Origination & Structuring in Portland, Oregon

At PGE, our work involves dreaming about, planning for, and realizing a smarter, cleaner, more enduring Oregon neighborhood. Its core to our DNA and we haven’t stopped since we started in 1888. We energize lives, strengthen communities and drive advancements in energy that promote social, economic and environmental progress. We’re always on the lookout for people passionate about leading and being a part of teams that are advancing innovative clean energy solutions that are also affordable and accessible to all.

Job Function Summary

Leads commercial and strategic approach for maximizing value and effectively managing risks associated with PGE’s power supply portfolio. Develops structured proposals for deals involving any combination of energy (electric, gas and services) that provide mid- to long-term strategies for fueling power plants and effectively managing power supply portfolio. Develops models and market strategies to assess economic value and price risks inherent in complex transactions and negotiations across the enterprise.

Key Responsibilities

Manage Origination, Structuring and Resource Strategy Functions and Staff : Manages one area within Commercial Initiatives; oversees full origination process over areas managed, including planning and oversight, research and analysis, negotiations, and transactions; ensures contracts and agreements align to Integrated Resource Plan and overall company goals; oversees overall portfolio management; establishes long term goals for area overseen; represents PGE or manages staff in representing PGE with stakeholders, regulators and other key constituents; provides direction and management to team.

Manage Resource Procurement and Power Supply Asset Disposition Strategy : Develops strategies specific to area overseen; provides guidance to team in reducing cost and minimizing risk to provide a long-term energy supply in alignment with PGE plans; ensures contracts mitigate cost-recovery and shareholder risk; collaborates with others within PGE including Generation, Customer, Rates and Regulatory Affairs, Power Operations and Integrated Resource Planning to ensure sourcing aligns to overall plan and strategy, is compliant from a regulatory standpoint, and is feasible to execute; provides assessments, presentations and recommendations to executives staff with respect to power supply risks and commercial opportunities.

Manage Origination & Structuring Activities : Lead commercial staff and matrix teams in evaluating, negotiating and executing complex, high-impact and/or strategically important transactions and agreements across the enterprise; manages staff in acquiring or divesting power supply assets action items identified in the Integrated Resource Plan Action Plan or bilaterally, including development and issuance of requests for proposals (RFPs); leads obtaining regulatory approvals for activities and filings related to power supply/resource strategy, procurement, asset acquisitions and divestitures and structured energy products trading.

Functional Leadership : Exercises comprehensive functional and industry knowledge in specialized areas; manages complex or unusual business problems; exercises delegated authority over planning, direction and timely execution of a function or program within the organization; establishes and maintains contacts with others in and outside the company and at government agencies and with leading industry authorities in accomplishing function or program objectives.

Financial Management: Sets strategy and develops plans, policies and processes for the accounting, budgeting and, where applicable, charging of department resources and services, including the definition of cost models and charging models; sets, negotiates, approves and manages all financial budgets and targets, ensuring that there is adequate funding for department objectives and plans.

Resourcing: Oversees workforce planning and resource strategy across multiple department, ensuring that there is adequate skilled resource to meet planned service delivery or department objectives; ensures integration with strategic human resource plans; responsible for recruitment, development and demand forecasts for multiple departments.

Professional Development: Determines organizational development needs in line with business needs and strategic direction of departments; generates development strategies to achieve required change; monitors progress and evaluates business benefits achieved.

Education/Experience/Certifications

Education Requires a bachelor’s degree in engineering, economics, business or other related field or equivalent experience. Graduate degree preferred.

Experience Typically 12 or more years of utility experience in power operations, generation project/business development, resource planning, energy commodity trading and marketing, economic forecasting, accounting, finance or regulatory affairs or related field.

Competencies (Knowledge, Skills, Abilities)

Functional Competencies

Expert knowledge of electric utility economics and energy policy issues

Expert knowledge of utility regulatory requirements (rates, siting, environmental) and rate structure

Expert knowledge of wholesale energy markets

Advanced knowledge of utility accounting, revenue requirements, economic analysis techniques, load concepts and power supply dispatch models

Advanced knowledge of the operating and financial characteristics of commercially available electric generation resource alternatives

Advanced skills in negotiating and executing high-value energy contracts and asset purchase and sale agreements

Working knowledge of electrical and natural gas transmission, distribution and storage facilities/technologies

Working skills in applying statistical analysis for business decision-making (volatility and correlation analysis, Monte Carlo simulation)

General Competencies

Expert analytical thinking skills

Expert decision-making skills

Expert influence skills

Expert interpersonal skills

Expert negotiation skills

Expert organization and prioritization skills

Expert presentation and facilitation skills

Expert problem-solving skills

Expert written and oral communication skills

Managerial Competencies

Drives Vision and Purpose

Business Insight

Strategic Mindset

Develops Talent

Manages Ambiguity

Physical and Cognitive Demands

Cognitive Level

Substantial: Consistent use of logic or scientific thinking to define problems, collect information, establish facts and draw valid conclusions (for example, engineer, HR director, plant manager, etc.).

Cognitive

Ability to adhere to set response times, deadlines and time-sensitive tasks

Ability to follow accuracy standards

Ability to follow through on decision-making tasks

Ability to interact effectively and collaboratively within a team environment

Ability to communicate and problem solve when under stress

Ability to respond and adapt to frequent change

Ability to accept and demonstrate self-awareness when provided constructive feedback

Ability to discern feedback and acknowledge ownership of areas of improvement

Ability to avoid future mistakes by applying reasonable skills to new but similar work situations or tasks

Ability to successfully collaborate with peers, managers and others within the organization

Demonstrates sound memory

Ability to process new information to be applied consistently to work tasks

Schedule/Attendance

Ability to work long hours

Ability to work a variable schedule

Ability to report to work and perform work during periods of severe inclement weather

Ability to consistently meet attendance standards for regular, reliable, predictable, full-time attendance [for part-time positions, change to part-time attendance]

Ability to work shift schedule

Ability to work on-call schedule

Physical Capabilities

  • Driving/travel/commute: Daily within service territory - Occasionally (one to two times a month or less)

  • Computer use (use computer regularly for entire work shift)

  • Lifting/pushing/pulling: Up to 10 lb

  • Carrying: Up to 10 lb

Environment - Indoor/Outdoor

  • Office

Compensation Range:

$148,750.00 - $276,250.00

Actual total compensation, including a performance based incentive bonus, is commensurate with experience, skills, qualifications, education, training, and internal equity. While we anticipate the selected candidate for this position will fall towards the middle or entry point of the compensation range, the decision will be made on a case-by-case basis.

PGE believes in rewarding dedicated performance. We provide a total rewards package that is designed to reward your contributions to the company, and, at the same time, support your well-being and professional development, both now and into the future. To find out more, click here (https://portlandgeneral.com/hrcs5511) .

Join us today and power your potential!

Assisting with storms or other Company emergencies is a part of all positions at Portland General Electric.

PGE is committed to diversity and inclusion in the workplace and is an equal opportunity employer. PGE will not discriminate against any employee or applicant for employment based on race, color, national origin, gender, gender identity, sexual orientation, age, religion, disability, protected veteran status, or other characteristics protected by law.

PGE does not discriminate on the basis of disability. We recognize individuals have a variety of abilities to offer and we believe there is much to value and celebrate by incorporating different abilities into the work we do. One very important way we live this out is in our application and interview process. We work hard to support individuals who may need an accommodation to fully participate in these processes. If you feel you may need an accommodation, or would like to request one, please notify the Talent Acquisition Specialist (Recruiter) associated with the job posting. You may also make this request by contacting talentacquisition@pgn.com or by calling 503-464-7250. The Recruiter will provide information and next steps for the accommodation process. Our Diversity, Equity & Inclusion (DEI) team is also available for support. You can contact them at dei@pgn.com .

To be considered for this position, please complete the following employment application by the posting close date. Posting closes at midnight (Pacific Time) on the closing date below. If no date is listed, job is open until filled.

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