Portfolio Management Analyst, Expert

Department Overview

The Energy Policy and Procurement (EPP) organization is responsible for sourcing energy products and shaping PG&OE’s engagement in energy-related regulatory and legislative proceedings at the state, regional, and federal levels. EPP oversees long-term energy portfolio planning, risk management, and compliance functions.

The Structured Energy Transactions (SET) Department manages wholesale power purchase agreements for renewable and storage resources, overseeing procurement programs designed to meet policy objectives cost-effectively. Within SET, the Energy Transactions (ET) Team leads the structuring, origination, negotiation, and management of PG&E’s wholesale electric commodity procurement, including transacting a variety of energy products including physical and financial energy, resource adequacy, and greenhouse gas-free energy.

The team drives the execution of solicitations, develops power purchase and sale agreements, and ensures these activities support state reliability and environmental goals.

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. The preferred work location is Oakland, CA.

PG&E is providing the salary range that can reasonably be expected for this position at the time of the job posting. This salary 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, internal equity, specific skills, education, licenses or certifications, experience, market value, and geographic location.
The decision will be made on a case-by-case basis related to these factors.This job is also eligible to participate in PG&E’s discretionary incentive compensation programs.

A reasonable salary range is:

Bay Area Minimum: $132,000
Bay Area Maximum: $194,000

• Autonomously develops and executes plans and processes to accomplish Structured Energy Transactions’ goals, including preserving reliability and procuring least-cost resources.
• Recognized as a person having the advanced knowledge and subject matter expertise on one or more topics highly relevant to Energy Procurement and Structured Energy Transactions.
• Owns and manages transactions, plans, or Structured Energy Transactions processes from start to finish.
• Originate and execute purchase and sales agreements, including innovative product offerings through complex solicitations.
• Develop, manage, and negotiate wholesale power sales and procurement activities across a range of electric products.
• Evaluate moderately complex power procurement contracts, synthesize key deal points, and communicate strategic insights to senior management.

Minimum:

• Bachelor’s Degree with coursework in a business-related field, mathematics, engineering, or a comparable area; or equivalent experience
• 6 years of relevant professional experience

• Master’s degree
• Minimum of four years’ experience in wholesale supply, development, or strategy/policy within the energy industry
• Strong understanding of procurement requirements for the Company’s wholesale energy portfolio and their impact on competitive positioning, as well as relevant rules and regulations
• Comprehensive knowledge of energy contract provisions, typical counter party considerations, and the implications of specific contractual language
• Proven leadership abilities with a track record of developing new procurement products and contract documents
• Direct experience with CAISO products, market operations, and settlement processes
• Exceptional project management expertise
• Advanced skill with MS Office Suite
• Programming capability, particularly in Python or VBA
• Experience with BI tools and Analytics Technologies (e.g. Power
  
  BI preferred, Tableau, Looker)
• Knowledge of energy contract provisions, typical counter party considerations, and the implications of specific contractual language
• Knowledge of electric system operations or resource planning
• Expertise in presenting complex data and findings to varied audiences; leading Company development initiatives;…