Senior Risk Analyst

Requisition ID: # 171539

Job Category: Compliance / Risk / Quality Assurance

Job Level: Individual Contributor

Business Unit: Strategy & Growth

Work Type: Hybrid

Job Location: Oakland; Alameda; Alta; American Canyon; Angels Camp; Antioch; Auberry; Auburn; Avenal; Avila Beach; Bakersfield; Balch Camp; Bay Point; Bear Valley; Belden; Bellota; Belmont; Benicia; Berkeley; Brentwood; Brisbane; Buellton; Burney; Buttonwillow; Calistoga; Campbell; Canyon Dam; Canyondam; Capitola; Caruthers; Chico; Clearlake; Clovis; Coalinga; Colusa; Concord; Concord; Corcoran; Cottonwood; Cupertino; Daly City; Danville; Davis; Dinuba; Downieville; Dublin; Emeryville; Eureka; Fairfield; Folsom; Fort Bragg; Fortuna; Fremont; French Camp; Fresno; Fresno; Fulton; Garberville; Geyserville; Gilroy; Goodyear; Grass Valley; Guerneville; Half Moon Bay; Hayward; Hinkley; Hollister; Holt; Huron; Jackson; Kerman; King City; Lakeport; Lemoore; Lincoln; Linden; Livermore; Lodi; Loomis; Los Banos; Lower Lake; Madera; Magalia; Manteca; Manton; Mariposa; Martell; Marysville; Maxwell; Menlo Park; Merced; Meridian; Millbrae; Milpitas; Modesto; Monterey; Montgomery Creek; Morgan Hill; Morro Bay; Moss Landing; Mountain View; Napa; Needles; Newark; Newman; Novato; Oakdale; Oakhurst; Oakley; Olema; Orinda; Orland; Oroville; Palo Alto; Palo Cedro; Paradise; Parkwood; Paso Robles; Petaluma; Pioneer; Pismo Beach; Pittsburg; Placerville; Pleasant Hill; Point Arena; Potter Valley; Quincy; Rancho Cordova; Red Bluff; Redding; Richmond; Ridgecrest; Rio Vista; Rocklin; Roseville; Round Mountain; Sacramento; Salida; Salinas; San Bruno; San Carlos; San Francisco; San Francisco; San Jose; San Luis Obispo; San Mateo; San Rafael; San Ramon; San Ramon; Sanger; Santa Cruz; Santa Maria; Santa Nella; Santa Rosa; Selma; Shaver Lake; Sonoma; Sonora; South San Francisco; Springville; Stockton; Storrie; Taft; Tracy; Turlock; Twain; Ukiah; Vacaville; Vallejo; Walnut Creek; Wasco; Watsonville; West Sacramento; Wheatland; Whitmore; Willits; Willow Creek; Willows; Windsor; Winters; Woodland; Yuba City

Department Overview:

The Electric Risk Management (ERM) team holds a crucial responsibility in evaluating, regulatory reporting, and investment planning for PG&E’s most significant risks. The ERM team implements PG&E's risk decision framework to facilitate a data-driven approach for informed risk-based decisions, emphasizing continuous improvement.

ERM manages risks associated with wildfire, transmission, distribution, and substations. The team collaborates closely with PG&E's electric operations and asset strategy teams to identify and assess existing and emerging risks, support prioritization, quantify risk mitigation strategies, monitor key performance and risk indicators, and assist in investment planning and regulatory proceedings, including WMP, RAMP, and GRC filings.

Position Summary

This position will spearhead the risk quantification efforts for all ERM enterprise risks. The successful candidate will work with risk owners to ensure risks are incorporated into our risk models and that control and mitigation program benefits are accurately represented. This role demands the ability to convey quantitatively where risks exist and how PG&E manages them.

This is a technical role requiring the candidate to adeptly navigate and synthesize diverse data sets. Moreover, the candidate must effectively communicate the workings of quantitative risk models and explain results to risk owners and the leadership team. A successful candidate will be organized, quickly grasp concepts, and adapt to new information. Strong time management skills are essential to meet deadlines without sacrificing quality.

This position is hybrid, allowing work from both a remote office and an assigned work location based on business needs. The selected candidate must reside within PG&E's service territory.

PG&E provides a salary range that reflects what the company reasonably believes it might pay at the posting time. This range pertains specifically to the job's locality. Actual salary will depend on multiple factors, including skills, education, licenses or certifications, experience, market value, geographic location, and internal equity. Although the successful candidate is expected to be placed near the middle or entry point of the range, the final decision will be made on an individual basis.

A reasonable salary range is:

Minimum Base Salary (Bay Area): $122,000.00

Mid Base Salary (Bay Area): $158,000.00

Maximum Base Salary (Bay Area): $194,000.00

Minimum Base Salary (California): $116,000.00

Mid Base Salary (California): $150,000.00

Maximum Base Salary (California): $184,000.00

Job Responsibilities

• Lead development and maintenance of quantitative risk models to support enterprise risk management activities and regulatory proceedings.
• Communicate effectively about how the quantitative risk models operate and elucidate results to risk owners and leadership.
• Collaborate closely w