Senior Regulatory Affairs Modeling Analyst

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

Supports regulatory affairs by providing economic and financial modeling, revenue requirement, pricing, and power-cost projections for corporate and regulatory projects and/or functions. May include conducting analyses of competitors, operational effectiveness and capacity utilization. Manages corporate and/or site budgets, generates forecasts, analyzes utilization and serves as internal consultant on financial matters for the organization. Creates financial models of scenarios for future business planning decisions.

Key Responsibilities

Economic Analysis Develops economic analyses for significant and complex corporate projects and/or functions, including examining economics/costs under uncertainty; directs the activities of at least one other team member in completing the analysis

Financial Models Develops longer-term financial models within UI Planner software with complex assumptions or relationships (e.g., models that will receive a high level of scrutiny internally and by regulatory groups); coordinates with other departments to ensure model assumptions/outputs align across the organization

Reporting Develops end-to-end load-forecasting models with complex algorithm and presents to management and internal stakeholders; identifies, designs and implements process improvements of the load-forecasting models

Internal Consulting Develops reports documenting complex analyses; may be responsible for preparing annual budgets and/or strategy reports including metrics and measurements

External Interaction Presents analysis and work products to clients and senior management; may direct external consultants to complete projects

Financial Systems Prepares information to be presented to the Oregon Public Utilities Commission and other external parties and answer straightforward questions

Education/Experience/Certifications

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

Experience Typically five or more years in related field.

Preferred Prior Experience with UI Planner

Competencies (Knowledge, Skills, Abilities)

Functional Competencies

Intermediate knowledge of fundamental economic, business and accounting principles

Advanced knowledge of macroeconomics and microeconomics, pricing theory, finance, accounting and financial analysis

Advanced financial modeling skills and experience using Microsoft Excel

Intermediate knowledge of regulated utility operations, revenue requirements, utility accounting principles (e.g., rate-base return standard, AFUDC), wholesale power market and the basics of power plant and transmission system operation and market fundamentals

Intermediate mathematical skills, including calculus, ordinary and partial differential equations, linear algebra, probability and multivariate statistics

Intermediate knowledge of fundamental economic, business and accounting principles

General Competencies

Intermediate business acumen

Intermediate problem-solving skills

Advanced written and oral communication skills

Intermediate analytical thinking skills

Intermediate organization and prioritization skills

Physical and Cognitive Demands

Cognitive Level

Intermediate: Consistent use of relevant principles to solve practical problems and to deal with a variety of concrete variables in situations where only limited standardization exists.

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 mi