Expert Risk Analyst - Location Flexible

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 plays a pivotal role in the evaluation, regulatory reporting, and investment planning process for PG&Es key and most consequential risks.  The ERM team executes PG&E’s risk decision framework that is used to support a data driven process to inform risk-based decisions with a focus on continuous improvement.   

ERM supports the risk management of wildfire, transmission, distribution, and substation risks. The team works closely PG&E’s electric operations and asset strategy teams to identify and evaluate existing and emerging risks, support prioritization and quantification of risk mitigation strategies, monitor key performance and risk indicators, and aids the investment planning process and regulatory proceedings such as the WMP, RAMP, and GRC filings.   

Position Summary  

This position will lead the risk quantification efforts for all ERM enterprise risks.  This includes working with risk owners to ensure that risks are accounted for in our risk models, and that the benefits of our control and mitigation programs are accurately represented.  This role requires the ability to tell the story quantitatively where risk exists and how PG&E is managing it. 

This position is a technical role where the successful candidate will need to navigate and synthesize varying sets of data.  In addition, the successful candidate will have the ability to effectively communicate how the quantitative risk models work and explain the results to risk owners and the leadership team.  The prospective candidate is organized, can grasp concepts quickly, and adapt to new information.  Time management and ability to meet deadlines is imperative to success in this role. 

This position is hybrid, working from your remote office and your assigned work location based on business needs, and the selected candidate must live within PG&E’s service territory.

PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job.  The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity.  Although we estimate the successful candidate hired into this role will be placed towards the middle or entry point of the range, the decision will be made on a case-by-case basis related to these factors.​

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  

• Leads development and maintenance of quantitative risk models in support of enterprise risk management activities and regulatory proceedings. 

• Effectively communicates how the quantitative risk models work and explains the results to risk owners and the leadership team. 

• Works closely with risk owners and stakeholders to accurately represent existing risks and benefits of control strategies. 

• Leverages risk information to understand and challenge business decisions. 

• Develop and coordinates presentation materials for various levels of management, including Executives and Board. 

• Promotes data-driven decision-making, establishing a culture of risk quantification across the line of business. 

Qualifications 

Minimum:      

• Bachelor’s Degree or equivalent experience.  

• Seven years of experience in risk management, utility operations, and/or related field

Desired: 

• Experience in Python, Foundry, and data science 

• Excellent oral, communication, and facilitation skills 

• Ability to synthesize complex issues into easy-to-understand concepts 

• Ability to multi-task and meet critical deadlines while not sacrificing quality of work