Pacific Gas & Electric Company Portfolio Management Analyst, Senior in San Francisco, California

Requisition ID # 14281

Job Category : Business Operations / Strategy; Energy Services / Trading

Job Level : Individual Contributor

Business Unit: Strategy and Policy

Job Location : San Francisco

Company

Based in San Francisco, Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric utilities in the United States.And we deliver some of the nation's cleanest energy to our customers in Northern and Central California. For PG&E, Together, Building a Better California is not just a slogan.It's the very core of our mission and the scale by which we measure our success. We know that the nearly 16 million people who do business with our company count on our more than 24,000 employees for far more than the delivery of utility services.They, along with every citizen of the state we call home, also expect PG&E to help improve their quality of life, the economic vitality of their communities, and the prospect for a better future fueled by clean, safe, reliable and affordable energy.

Pacific Gas and Electric Company is an Affirmative Action and Equal Employment Opportunity employer that actively pursues and hires a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color,national origin, ancestry, sex, age, religion, physical or mental disability status, medical condition, protected veteran status, marital status, pregnancy, sexual orientation, gender, gender identity, gender expression, genetic informationor any other factor that is not related to the job.

Department Overview

The Portfolio Management group is primarily responsible for managing PG&E's wholesale electric power portfolio in order to meet the Company's electric load obligations in a reliable and economic manner. This responsibility involves: (1) determining the Company's energy, capacity, and compliance needs; (2) developing strategies to meet those needs; (3) transacting in the wholesale electric markets to execute those strategies; (4) amending, modifying, and terminating agreements as necessary to maintain PG&E's power portfolio; (5) complying with procurement and reporting requirements and (6) supporting the development of energy policies with the objective of implementing such policy at the least cost and ensuring compatibility with the portfolio.

In addition to managing the Company’s electric power portfolio, Portfolio Management is leading PG&E’s effort to develop and implement innovative changes to the California’s electric supply regulatory environment and market structures. California’s electric energy landscape is changing rapidly due to increasing levels of distributed generation and renewable resources and a growing number of electric supply providers. Portfolio Management is preparing for this dynamic energy future by developing and advocating for new regulatory and market structures, actively managing PG&E’s electric portfolio, and implementing policies to ensure the equitable sharing of costs in meeting California’s clean energy goals. These challenges are complex, and Portfolio Management plays a critical role in defining and driving strategic and operational improvements by working across lines of business at PG&E and with external stakeholders.

All employees are responsible for performing their jobs in accordance with PG&E's vision and values and for conducting procurement in accordance with PG&E's Risk Management Policy.

Position Summary

The Senior Analyst position will support the group’s work in developing and implementing changes to the electric supply regulatory and market framework and PG&E’s electric portfolio. This work includes:

•Identifying, researching, and evaluating regulatory and market alternatives;

•Advocating for changes to the regulatory environment and market structures through the regulatory proceedings of the California Public Utilities Commission or California Independent System Operator;

•Supporting PG&E’s effort to plan for and implement new energy supply policies related to changes in regulatory and market structures; and

•Supporting initiatives to align the electric supply portfolio with future supply obligations.

Job Responsibilities

•Develop, design, and execute a variety of tasks and analyses on electric markets, policy proposals, and business strategies

•Work collaboratively with internal teams

•Lead cross-functional projects associated with regulatory proceedings, commercial work streams, and analytic initiatives

•Facilitate meetings and ensure projects meet all designated milestones

•Engage with stakeholders to identify gaps, and develop and implement plans to address those gaps

•Research and communicate emerging regulatory issues and or policy issues

•Develop communication materials for senior leadership or external use

•Communicate highly technical or complex information effectively and persuasively to diverse internal stakeholders

•Develop a deep understanding and expertise of energy market rules, products and compliance mechanisms

•Act as a recognized expert on energy supply policy and strategy issues related to Energy Procurement

•Participate in other elements of the ongoing work of the wider Portfolio Management team

Qualifications

Minimum:

•Bachelor’s degree with coursework in a business related field, mathematics, engineering or equivalent field of study

•3 years of relevant job experience

Desired:

•Advanced degree in a relevant discipline

•At least two years of electric energy procurement experience

•Advanced knowledge of physical and financial gas and electric market fundamentals

•Knowledge of the various components of PG&E’s wholesale energy portfolio, electric trading, or power purchase agreements

•Ability to effectively present and communicate to internal and external stakeholders

•Ability to prioritize, plan, perform and communicate activities both in written and verbal form

•Ability to solve complex problems with little guidance and sometimes incomplete information

•Ability to think strategically

•Ability to influence and build relationships, within and across teams

•Ability to work with an independently, not requiring hands-on supervision for all tasks