Risk Management Analyst (Mid-Level, Senior, or Specialist) - Portland, Oregon # 112498

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 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 of 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. 

 

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

• Serve as the risk management subject matter expert for all issues related to risk management reports, transaction reviews, policies and procedures, regulatory filings, testimony, and data request responses.
• Prepare studies using the PCI electric system dispatch model to inform front office and risk management decisions.
• Identify, investigate, resolve, and document errors, inconsistencies, or abnormalities in data to provide accurate positions and risk metrics to the front office.
• Understand PacifiCorp’s commodity portfolio and energy trading system and leverage knowledge to support all energy management and risk management activities.
• Prepare and defend testimony representing energy risk management activities.

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