Energy Analyst

Portland General Electric seeks an Energy Analyst in Tualatin, OR, to lead strategies for managing risks and maximizing value in their power supply portfolio. The role involves developing proposals for energy deals, conducting market analysis, and supporting contract negotiations. Candidates should have a relevant degree and up to two years of experience in economics or financial analysis. The position requires knowledge of financial concepts and energy market trends.
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.

Energy Analyst

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.

Career Level Summary

Entry: Performs first-tier professional level assignments that require theoretical knowledge and application of principles and concepts
• Typically requires a related college or university degree or the equivalent work experience
• Solves recurring problems by applying advanced knowledge
• Operates independently but also receives ongoing guidance and direction from others

Key Responsibilities

Energy/Risk Management Products and Strategies Under guidance, performs specific tasks related to the design, market and implementation of energy and risk management products and strategies to reduce costs, optimize assets and reduce risks associated with PGE's resource portfolio and wholesale market activities as assigned.

New Energy Resources Contracting Under guidance, conducts research and analysis that support contact negotiations, competitive bidding, procurement activities and related transactions.

Market Analysis Under general guidance, researches changing market dynamics or fundamental drivers that could impact price or availability of fuel and related assets and provides data and analysis.

Outbound Marketing May perform discreet activities and analyses to support outbound marketing activities; may conduct analysis of wholesale energy markets; may conduct environmental scanning to

recommend opportunities for bilateral partnerships, contracts and asset transactions.

External Relations May perform support activities related to or participate in industry forums and conferences and regulatory proceedings.

Qualifications

Education/Experience/Certifications

Education Requires a bachelor’s degree in business, finance, economics, computer science, mathematics, engineering or other related field or equivalent experience. An MBA or MS in finance, economics or related financial discipline preferred.

Experience Typically two or fewer years in economics, trading, financial analysis or related field.

Competencies (Knowledge, Skills, Abilities)

Functional Competencies

Working knowledge of financial concepts, including options, swaps, futures, forward contracts and asset valuation methods

Working financial and risk modeling skills

Working skills in analyzing energy market conditions or trends

Working skills in promoting and selling products and services, including marketing strategy and tactics

Basic skills in negotiating contracts

Working knowledge of financial concepts, including options, swaps, futures, forward contracts and asset valuation methods

Working entrepreneurial skills

Working financial and risk modeling skills

General Competencies

Working analytical thinking skills

Working business acumen

Working creativity and innovation skills

Working diplomacy skills

Working organization and prioritization skills

Working presentation/facilitation skills

Working problem-solving skills

Working risk management skills

Working written and oral presentation 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 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 when needed

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

Physical Capabilities

Hybrid but in office requirement of 3 days per week

Computer use (use computer regularly for entire work shift)

Office Environment

Compensation Range:

$68,850.00 - $114,750.00

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.