Portfolio Analyst
Integrated Operations Center, United States
Full Time Entry-level / Junior USD 84K - 166K
Portland General Electric
PGE Oregon is delivering a new kind of energy. One that energizes lives, strengthens communities and drives enhancements that promote social, economic and environmental progress. It’s an Oregon kind of energy. And it’s here for us all.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.
We are looking for a Portfolio Analyst to join our Term Trading team. The Portfolio Analyst leads the performance tracking of trading strategies and manages reporting tools built to monitor variances between Power Operations’ power cost budget and actuals daily. The successful candidate will also analyze the impact new power and gas strategies can have on Power Operations’ portfolio.
To evaluate new power and gas trading strategies, the Portfolio Analyst may need to collect fundamental information for generation resources and load demand for electricity, natural gas, carbon and other commodities related to the bulk electricity market that impact the operation of commodity markets; conduct market sector or statistical analysis and interpret key market data elements into useful trading information. The successful candidate will also perform analysis on data sets that may require scripts, codes, languages, etc. and track portfolio performance by strategy. The Portfolio Analyst will also lead stakeholder engagement to support, maintain, and enhance power operations data infrastructure, acting as liaison between technical resources and the business
Key Responsibilities
Project Management Leads cross-functional stakeholder engagement effectively through agile best practices and principles. Supports power operations to maintain and enhance data infrastructure, comprehending both business needs and technical requirements effectively. Ensures data enhancements are appropriately documented and communicated to key stakeholders.
Trading Analytics Completes quantitative analyses to support trading functions and presents findings to term, day-ahead and real-time traders for implementation of trading strategy. Tracks performance of trading strategies and Net Variable Power Cost targets, analyzes how new power and gas strategies would impact PGE's portfolio. May use third-party tools to assist in analysis and trading. The analytics to be performed will have moderate complexity in nature.
Communications and Presentations Effectively communicates complex trading and market fundamental information to traders and management.
External Relations Participates in energy-related forums and meetings with other utilities and regulatory agencies to share/exchange information and provide technical input to industrywide policies.
Regulatory Compliance Supports PGE’s interactions with external enforcement agencies; contributes to PGE’s processes to demonstrate compliance and responses to audits; serves as company witness and subject matter expert in legal and rate-making testimony.
Education/Experience/Certifications
Education Bachelor’s degree in mathematics, statistics, economics, finance, engineering, business and/or related field of study preferred.
Experience Typically five or more years in the energy industry or a related field. Experience in market trading and asset optimization.
Competencies (Knowledge, Skills, Abilities)
Functional Competencies
Introductory knowledge of the electric utility industry and electric energy markets, including trading, scheduling procedures, state and federal policies and regulations and underlying physical infrastructure and networks
Introductory knowledge of FERC regulatory and compliance requirements
Intermediate statistical and numerical analysis skills
Advanced computer skills using Microsoft Excel
Intermediate knowledge of SQL, Tableau, Python and other data analytical tools.
Familiarity with project management and associated tools
Familiarity with Agile best practices and principles
General Competencies
Intermediate analytical thinking skills
Intermediate business acumen
Intermediate decision-making skills
Intermediate interpersonal skills
Intermediate presentation/facilitation skills
Intermediate organization and prioritization skills
Basic team building skills
Intermediate written and oral communication skills
Physical and Cognitive Demands
Cognitive Level
Substantial: Consistent use of logic or scientific thinking to define problems, collect information, establish facts and draw valid conclusions (for example, engineer, HR director, plant manager, etc.).
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
Ability to successfully demonstrates sound memory
Ability to process new information to be applied consistently to work tasks
Schedule/Attendance
Ability to work long hours
Ability to work a variable schedule
Ability to report to work and perform work during periods of severe inclement weather
Physical Capabilities
Driving/travel/commute: Daily within service territory - Occasionally (one to two times a month or less)
Computer use (use computer regularly for entire work shift)
Environment - Indoor/Outdoor
Office – Hybrid – 3 day per week in office
Compensation Range:
$84,450.00 - $166,625.00Actual 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.
Join us today and power your potential!
Assisting with storms or other Company emergencies is a part of all positions at Portland General Electric.
PGE is committed to diversity and inclusion in the workplace and is an equal opportunity employer. PGE will not discriminate against any employee or applicant for employment based on race, color, national origin, gender, gender identity, sexual orientation, age, religion, disability, protected veteran status, or other characteristics protected by law.
PGE does not discriminate on the basis of disability. We recognize individuals have a variety of abilities to offer and we believe there is much to value and celebrate by incorporating different abilities into the work we do. One very important way we live this out is in our application and interview process. We work hard to support individuals who may need an accommodation to fully participate in these processes. If you feel you may need an accommodation, or would like to request one, please notify the Talent Acquisition Specialist (Recruiter) associated with the job posting. You may also make this request by contacting talentacquisition@pgn.com or by calling 503-464-7250. The Recruiter will provide information and next steps for the accommodation process. Our Diversity, Equity & Inclusion (DEI) team is also available for support. You can contact them at dei@pgn.com.
To be considered for this position, please complete the following employment application by the posting close date. Posting closes at midnight (Pacific Time) on the closing date below. If no date is listed, job is open until filled.
Tags: Agile Economics Engineering Excel Finance Mathematics Python SQL Statistics Tableau Trading Strategies
Perks/benefits: Career development Equity / stock options Gear Salary bonus Travel
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