Senior Portfolio Management Analyst

Requisition ID # 166752 

Job Category: Accounting / Finance 

Job Level: Individual Contributor

Business Unit: Engineering, Planning & Strategy

Work Type: Hybrid

Job Location: Oakland

Department Overview

The Energy Policy and Procurement (EPP) organization is responsible for sourcing energy products and shaping PG&E’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.

Position Summary

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 for Bay Area is $ 102,000 to $150,700.

Key Responsibilities

• Develop and execute a variety of wholesale power procurement activities including trading, negotiating power purchase and sale agreements, developing procurement plans and evaluating alternatives for mitigating PG&E’s risk exposure at the wholesale energy portfolio level.
• Lead the procurement of capacity and energy and support regulatory approval processes for specific transactions.
• 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.

Qualifications

Minimum:

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

Desired:

• Master’s degree
• Minimum of two years’ experience in wholesale supply, development, or strategy/policy within the energy industry
• Understanding of procurement requirements for the Company’s wholesale energy portfolio and their impact on competitive positioning, as well as relevant rules and regulations
• Advanced skill with MS Office Suite
• Programming capability, particularly in Python or VBA
• Experience with BI tools and Analytics Technologies (e.g. PowerBI preferred, Tableau, Looker)
• Knowledge of energy contract provisions, typical counterparty considerations, and the implications of specific contractual language
• Expertise in presenting complex data and findings to varied audiences; leading Company development initiatives; and representing Energy Transactions in discussions related to electric procurement issues
• Understanding of organizational structures, decision-making frameworks, and governance procedures related to commercial procurement
• Ability to influence senior decision-makers
• Skilled in managing cross-functional projects and organizational initiatives
• Strong analytical capabilities for addressing complex issues and recommending solutions even when operating with limited information and time constraints
• Commitment to fostering a collaborative work environment that encourages teamwork, information and experience sharing, constructive communication, and both professional and personal development
• Demonstrated focus on quality, operational efficiency, and continuous process improvement
• Strong communication skills—interpersonal, written, and presentation.
• Demonstrated ability to excel in a team-oriented environment, self-motivation, and attention to detail