Job Information
Portland General Electric Trade Confirmations (Senior or Principal Financial Risk Analyst) in Tualatin, Oregon
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.
Summary/Job Function
Perform confirmation functions related to the utility industry, including power, gas, transmission, and financial swaps for power and gas. Use your expertise in the reconciliation of all deals into system of record. Includes working with other groups to ensure data accuracy and completeness. Investigate and troubleshoot confirmations or deal discrepancies, expediting dispute resolution. Reconciling deal attributes to PGE data. Analyze large volumes of data for reporting, accounting, and invoicing purposes. Maintain strong, professional client relationships to ensure quality service is provided and received by PGE confirmations.
This position is classified internally as either a Senior Financial Risk or Principal Financial Risk Analyst. There is only one position available, but we can hire at either the Senior or Principal level.
Career Level Summary
Career Level: Senior Financial Risk Analyst
Requires in-depth knowledge and experience
Uses best practices and knowledge of internal or external business issues to improve products or services
Solves complex problems; takes a new perspective using existing solutions
Works independently; receives minimal guidance
Acts as a lead/resource for colleagues with less experience
May lead or participate in functional projects as the SME
Career Level: Principal Financial Risk Analyst
Requires in-depth knowledge and experience
Interprets internal or external business issues and recommends best practices
Solves complex problems; takes a broad perspective to identify innovative solutions
Works independently, with guidance in only the most complex situations
Lead functional teams or projects
Key Responsibilities
Financial Risk Analyst, Confirmations
Ensure transactions executed across various trading platforms are entered accurately and completely in system of record
Provide data as requested by PGE Internal Audit Services for quarterly SOX testing and compliance
Intermediate or advance knowledge of contract interpretation and deal translation for accurate system representation
Send out confirmations to counterparties in a timely manner
Senior Financial Risk Analyst
Confirmation Management
Develops and manages confirmations with vendors maintains confirmation records; troubleshoots issues with trader.
Reporting
Develops reports in response to business need; compiles and analyzes data and creates meaningful analytics to inform business decisions; collaborates with others to obtain data from multiple sources; develops models and alternatives.
Consulting
Responds to information requests and suggests additional data and analysis to meet business needs; analyzes data trends and makes recommendations; identifies gaps in data, metrics, or processes; develops and tracks progress toward metrics; serves as the expert for deal confirmations.
Education/Experience/Certifications
Education
Requires a bachelor’s degree in business, finance, statistics, psychology or other related field or equivalent experience.
Experience
Typically five or more years in statistics, finance, process improvement, project management or related field.
Certifications, Licenses and Training
Competencies (Knowledge, Skills, Abilities)
Functional Competencies
Advanced knowledge of statistics, metrics and data
Advanced skills in contract interpretation and management
Intermediate skills in managing competing priorities
Advanced skills in synthesizing information and complex data and communicating to diverse audiences
Intermediate knowledge of PGE’s operational and financial practices
Working skills in project management
Working knowledge of data integrity and security
Working knowledge of compliance and SOX (Sarbanes-Oxley Act)
Working knowledge of statistics
Intermediate customer focus skills
General Competencies
Advanced skills in analytical thinking
Advanced skills in problem solving
Intermediate oral and written communication skills
Principal Financial Risk Analyst
Confirmation Management
Develops and manages confirmations with vendors maintains confirmation records; troubleshoots issues with trader. Lead continuous process improvements.
Reporting
Proactively develops highly complex reports to meet emerging business objectives; compiles and analyzes data and creates meaningful analytics to inform business decisions; collaborates with others to obtain data from multiple sources; develops models using established statistical practices and presents data in a way to help inform business decisions.
Consulting
Proactively anticipates business needs and provides data and analysis to inform business decisions; analyzes data trends and makes recommendations; identifies trends and gaps in data, metrics or processes and makes operational recommendations; develops metrics aligned to strategic objectives; serves as a the expert for deal confirmations.
Education/Experience/Certifications
Education
Requires a bachelor’s degree in business, finance, statistics, psychology or other related field or equivalent experience.
Experience
Typically eight or more years in statistics, finance, process improvement, project management or related field.
Certifications, Licenses and Training
Advanced knowledge of statistics, metrics and data
Advanced skills in contract management
Advanced skills in managing competing priorities
Advanced skills in synthesizing information and complex data and communicating to diverse audiences
Advanced knowledge of PGE’s operational and financial practices
Intermediate skills in project management
Advanced knowledge of data integrity and security
Advanced knowledge of statistics
Advanced customer focus skills
Expert skills in analytical thinking
Advanced skills in problem solving
Advanced oral and written communication skills
Intermediate interpersonal skills
Advanced decision-making skills
Advanced organization and prioritization skills
Advanced knowledge of business process interrelationships
Advanced business acumen
Advanced skills in change leadership and/or implementation
Advanced risk management skills
Physical, Schedule/Attendance and Cognitive Demands
Cognitive Level:
Senior Confirmations Analyst: 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.).
Principal Confirmations Analyst: 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
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
Ability to consistently meet attendance standards for regular, reliable, predictable, full-time attendance
Physical Capabilities:
Driving/Travel/Commute
Daily within service territory
- Frequently (one to two times a month or less)
Overnight inside/outside the service territory
- Occasionally (one to two times a month or less)
Computer Use
- Use computer regularly for the entire work shift
Environment:
Office Environment
Hybrid, on-site 3 days per week, flexible work from home 2 days per week
#LI-BJ1, #LI-Remote , #LI-Hybrid , #LI-Onsite
Compensation Range:
$87,225.00 - $173,875.00
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 (https://portlandgeneral.com/hrcs5511) .
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.
At Portland General Electric, we’re innovators, builders, and achievers. We’re committed to powering our customers’ potential and making a difference for our community and the planet. Today, that commitment includes developing an intelligent and resilient electric grid, electrifying transportation and de-carbonizing the energy sector.
We’re proud to deliver an exceptional experience to help our customers thrive. Our mission is to make clean, reliable and affordable energy services available to all. We obsess over serving customers and are committed to growing employee career paths with purpose. Equity and inclusion are core business values; we celebrate our differences and are committed to developing teams that reflect the communities we serve.