What are the responsibilities and job description for the Director, Power Operations Risk Management position at Portland General Electric?
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.
Job Function Summary: Manages a group of senior Enterprise Risk Management experts and collaborates with officers and senior leaders to identify, evaluate, mitigate, control, and report top risks to the company.
Key Responsibilities
Manage Risk Management Strategy, Objectives & Plans Develops short-term and long-term strategies for the department and oversees the development and management of departmental objectives and plans.
Manage Power Operations Risk Management Directs the oversight of market and operational risks. Ensures that risks are fully assessed, product valuations are appropriate, and transactions are priced to compensate for risks incurred. Ensures adherence to risk management policies and procedures. Establishes procedures to ensure accurate and timely monitoring and reporting of daily risk exposure and capital at risk, using appropriate quantification and valuation methodologies.
Functional Leadership Serves as a thought leader and is recognized as a foremost authority in a specialized area. Innovates and applies best practices to the program area and may significantly contribute to increasing product demand and company revenues. Exercises delegated and discretionary authority over the planning, direction, and timely execution of a program. Establishes and maintains contacts with key and influential individuals within and outside the company to advance program goals
Financial Management Sets strategy and develops plans, policies, and processes for the accounting, budgeting and, where applicable, charging of function resources and services, including the definition of cost models and charging models; sets, negotiates, approves and manages financial budgets and targets, ensuring adequate funding for function objectives and plans.
Resourcing Oversees workforce planning and resource strategy for the function, ensuring adequate skilled resources are available to meet planned service delivery or function objectives. Ensures alignment with strategic human resource plans.
Professional Development Determines organizational development needs aligned with business requirements and the strategic direction of the function. Develops strategies to achieve required change; implements succession plans for key roles, and may mentor senior leaders within the organization.
Education/Experience
We can hire at either the Director or Senior Manager level, dependent upon the successful candidate's background
Education Requires a bachelor’s degree in accounting, finance or other related field or equivalent experience.
Experience Typically 15 more years in related field. Advanced knowledge of risk management process and principles. Advanced knowledge of accounting and financial principles, theory and practices
Functional Competencies
Advanced skills in financial and risk analysis
Expert knowledge of PGE’s policies, practices, philosophy, operations and key company developments related to regulatory, financial, operating and legal issues
Advanced knowledge of regulations of the Securities Exchange Commission (SEC), Oregon Public Utility Commission (OPUC) and Federal Energy Regulatory Commission (FERC)
Advanced computer skills using Excel, Word, PowerPoint
General Competencies
Expert analytical thinking skills
Advanced conflict management skills
Expert consulting skills
Advanced decision-making skills
Expert influence skills
Expert presentation and facilitation skills
Advanced problem-solving skills
Expert written and oral communication skills
Leader Practices
Drives Vision and Purpose
Business Insight
Strategic Mindset
Develops Talent
Manages Ambiguity
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
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 work shift schedule
Ability to work on-call schedule
Physical Capabilities
Computer use (use computer regularly for entire work shift)
Driving
Office environment
Compensation Range:
$139,230.00 - $309,140.00
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.
Job Function Summary: Manages a group of senior Enterprise Risk Management experts and collaborates with officers and senior leaders to identify, evaluate, mitigate, control, and report top risks to the company.
Key Responsibilities
Manage Risk Management Strategy, Objectives & Plans Develops short-term and long-term strategies for the department and oversees the development and management of departmental objectives and plans.
Manage Power Operations Risk Management Directs the oversight of market and operational risks. Ensures that risks are fully assessed, product valuations are appropriate, and transactions are priced to compensate for risks incurred. Ensures adherence to risk management policies and procedures. Establishes procedures to ensure accurate and timely monitoring and reporting of daily risk exposure and capital at risk, using appropriate quantification and valuation methodologies.
Functional Leadership Serves as a thought leader and is recognized as a foremost authority in a specialized area. Innovates and applies best practices to the program area and may significantly contribute to increasing product demand and company revenues. Exercises delegated and discretionary authority over the planning, direction, and timely execution of a program. Establishes and maintains contacts with key and influential individuals within and outside the company to advance program goals
Financial Management Sets strategy and develops plans, policies, and processes for the accounting, budgeting and, where applicable, charging of function resources and services, including the definition of cost models and charging models; sets, negotiates, approves and manages financial budgets and targets, ensuring adequate funding for function objectives and plans.
Resourcing Oversees workforce planning and resource strategy for the function, ensuring adequate skilled resources are available to meet planned service delivery or function objectives. Ensures alignment with strategic human resource plans.
Professional Development Determines organizational development needs aligned with business requirements and the strategic direction of the function. Develops strategies to achieve required change; implements succession plans for key roles, and may mentor senior leaders within the organization.
Education/Experience
We can hire at either the Director or Senior Manager level, dependent upon the successful candidate's background
Education Requires a bachelor’s degree in accounting, finance or other related field or equivalent experience.
Experience Typically 15 more years in related field. Advanced knowledge of risk management process and principles. Advanced knowledge of accounting and financial principles, theory and practices
Functional Competencies
Advanced skills in financial and risk analysis
Expert knowledge of PGE’s policies, practices, philosophy, operations and key company developments related to regulatory, financial, operating and legal issues
Advanced knowledge of regulations of the Securities Exchange Commission (SEC), Oregon Public Utility Commission (OPUC) and Federal Energy Regulatory Commission (FERC)
Advanced computer skills using Excel, Word, PowerPoint
General Competencies
Expert analytical thinking skills
Advanced conflict management skills
Expert consulting skills
Advanced decision-making skills
Expert influence skills
Expert presentation and facilitation skills
Advanced problem-solving skills
Expert written and oral communication skills
Leader Practices
Drives Vision and Purpose
Business Insight
Strategic Mindset
Develops Talent
Manages Ambiguity
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
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 work shift schedule
Ability to work on-call schedule
Physical Capabilities
Computer use (use computer regularly for entire work shift)
Driving
- Requires a valid driver’s license
- Within service territory
Office environment
Compensation Range:
$139,230.00 - $309,140.00
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.
Salary : $139,230 - $309,140
