Financial Risk Analyst/Senior Financial Risk Analyst – Settlements

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.

Senior Financial Risk Analyst

Job Code: 5950
Grade: 7
Career Level: P3 – Career Professional

Job Function: Financial Risk Management

Responsible for enterprise risk management and credit risk management. Identifies and analyzes potential sources of loss to minimize risk. Estimates the potential financial consequences of incurring a loss. Develops and implements controls and cost-effective approaches to mitigate organizational risks. Coordinates with functions across the organization to assess and communicate business risks. Manages the approval and maintenance of vendor and counterparty credit arrangements.

Career Level Overview

• Requires in-depth knowledge and experience
• Uses best practices and knowledge of internal/external business issues to improve products or services
• Solves complex problems; takes a new perspective using existing solutions
• Works independently with minimal guidance
• Acts as a resource for colleagues with less experience

Key Responsibilities

Credit Risk Assessment

• Evaluate transaction and portfolio data to identify potential risk trends
• Research and recommend mitigation strategies to senior management
• Review team members’ work; suggest improvements in processes and analyses

Credit Terms

• Negotiate credit terms with vendors and counterparties
• Includes guarantees, letters of credit, credit support annexes, etc.

Enterprise Risk Management

• Develop risk definitions and design enterprise risk management (ERM) programs
• Ensure alignment across the organization with ERM objectives

Risk Analysis

• Conduct complex data analysis requiring unique or new approaches
• Generate and present reports with actionable recommendations

Regulatory Analyses

• Lead reporting for compliance and regulatory requirements
• Advise leadership on risk management policies and regulations
• Improve efficiency of business processes (automated and manual)
• Streamline data gathering and processing for reporting and analysis
• Maintain and update corporate credit policies, procedures, and scoring matrices
• Train others in credit analysis and recommend actions to management
• Negotiate and prepare letters of credit
• Education: Bachelor's degree in Accounting, Finance, Economics, or related field (or equivalent experience)

Data Management Tools

Corporate Credit

Education & Experience

• Experience: Typically 5+ years in a related field
• Advanced knowledge of risk management concepts (claims, insurance, loss prevention, credit analysis, security interests)
• Intermediate knowledge of software tools and report generators
• Working knowledge of electrical system operations
• Advanced financial modeling skills; proficient in Microsoft Excel
• Advanced written and oral communication skills
• Intermediate analytical thinking, negotiation, diplomacy, and problem-solving skills
• Strong organization and prioritization skills

Competencies

Functional Competencies

General Competencies

• Intermediate Enterprise/Business Acumen

Physical And Cognitive Demands

Cognitive Requirements

• Frequent use of logic/scientific thinking to solve problems and make decisions
• Ability to meet deadlines, follow through on decisions, and respond under stress
• Effective teamwork and communication in a dynamic environment
• High adaptability to change and receptiveness to feedback
• Strong memory and learning agility for new tasks
• Ability to work long or variable hours
• Must meet standards for consistent, reliable, full-time attendance
• Able to work during inclement weather
• Daily within service territory: Frequently or Occasionally

Schedule & Attendance

Physical Capabilities

Travel

• Overnight travel (in/out of territory): Frequently or Occasionally
• Regular computer use throughout entire work shift
• Up to 10 lbs.
• Up to 50 lbs.
• More than 50 lbs. (if applicable)
• Walking on uneven surfaces or long distances
• Climbing stairs (over 10 steps) or ladders (over 10 rungs)
• Exposure to unstable surfaces, elevated areas, confined spaces

Computer Use

Lifting/Carrying Requirements

Mobility And Environment

Work Environment

• Office

• Plant

• Field

Compensation Range:

$74,325.00 - $148,625.00

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.

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 an equal opportunity employer and is committed to fostering a workplace where employees feel connected, valued, and empowered to thrive. 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 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. 

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.