Senior Principal Risk Analyst

This a Full Remote job, the offer is available from: Oregon (USA)

Title: Senior/Principal Risk Analyst

Duration: 12 Months

Location: Tualatin, OR – Local Preffered

Open to Remote caniddate from PST or MST time zones.

Description

PGE seeks a Senior

or Principal Risk Analyst with energy analytics, quantitative analysis, and

fundamentals experience to analyze risk and develop actionable business

intelligence for effectively navigating dynamic energy markets. This highly

visible position will be at the forefront of modelling and analyzing the

evolving future of the power sector and guiding the company’s approach to risks

and opportunities related to energy infrastructure and market investments. with

strong growth possibilities within the organization.

Responsibilities include but are not limited

to:

• Leading Power Operations Risk

Management running and analyzing operational report. Work with Power

Operation on assessing trading risk limits and assessments. development of

new quantitative models, validating and/or enhancing existing models, and

assisting internal partners and staff in understanding and using the

models for effective risk analysis and decision making.

• Providing analytical for

trading, portfolio management, origination, energy market risk, credit

risk and finance; interpreting and sharing qualitative insights and

feedback from commercial teams into quantifiable terms to help improve

performance.

• Independently initiating and

analyzing surrounding optimization in competitive markets, stochastic

simulations, and the interplay between zero- or low-marginal cost

resources and traditional energy generators.

• Identifying and implementing

effective approaches to quantitatively evaluate energy infrastructure

benefits and costs, as well as risks and risk mitigation.

• Design complex valuation and

price models for structured products including tolling agreements, PPA

agreements, full requirements/load-following deals, shaped products,

revenue puts, exotic options (swaptions, basket options, look-back

options, heat rate options, etc.), weather derivatives, unit contingency,

etc.

• Understand risk metrics

models such as Value at Risk (VaR), Mark to Market, Gross Margin at Risk

(GMaR).

• Proposing and implementing

portfolio and asset optimization frameworks. Will build bespoke frameworks

for exploring, designing, and deploying systematic portfolio strategies,

including generation asset optimization, natural gas storage and

transportation optimization, cross-commodity hedge optimization (optimal

hedge ratio) and FTR hedging/bidding optimization.

• Leading quantitative research

and modeling tasks related to macro industry trends, energy markets,

ancillary services, capacity markets and commercial activities using tools

such as artificial intelligence, machine learning, game theory, supply and

demand and price simulation models, probabilistic models, option valuation

tools, and portfolio characteristic desk tools.

• Provide statistical analysis

and quantitative tools for trading and hedging purposes, including model

commodity data for specific markets and produce ad hoc analysis based on

short-term market developments.

• Communicating effectively and

influentially to diverse audiences about modeling methodologies, analyses

and results in business practical terms that include a focus on the “why.”

• When needed, providing expert

witness testimony for market and regulatory proceedings.

• Make decision using the

existing Risk Management Policy and Procedure framework.

Requirements

Requirements

• BS or MS discipline

(engineering, statistics, science discipline, economics).

• How many years of experience

are you looking for?: 3 – 4 + years in a similar role within the energy

industry

• Have a broad background in

energy and quantitative risk analysis in North America with a focus on

power, natural gas, and renewables.

• BS or MS - discipline

(engineering, statistics, science discipline, economics, and finance).

• Bring 3 – 4 or more years of

experience in a quantitative role within the energy industry or directly

related academic setting with application in the energy industry.

Experience with wholesale power and/or gas markets and quantitative energy

trading experience is preferred.

• Have developed expertise in

at least one of the following techniques: time series analysis, advanced

regression and econometric techniques, advanced optimization techniques

leveraging commercial solvers.

• Strong competence in

communication

• Experience with Production

Cost Modeling

• Advanced Microsoft Office

Suite skills (Word, PowerPoint, Excel).

• Ability to communicate and

work with different organizations outside of risk management.

• Experience with Endur ETRM is

a plus.

Top 3 Must-Haves (Hard

and/or Soft Skills):

1.

Experience with Production Cost Modeling

2.

Experience with wholesale power and/or gas markets

3.

Experience with Risk Management System

Top 3 Nice-To-Haves (Hard

and/or Soft Sk