Principal-Enterprise & Oprtnl Risk Mgmt-Flexible Location

Requisition ID # 166370 

Job Category: Compliance / Risk / Quality Assurance 

Job Level: Manager/Principal

Business Unit: Gen Counsel, Ethics, Risk & Compliance

Work Type: Hybrid

Job Location: Oakland

Department Overview

The Office of the Chief Risk Officer is responsible for enabling the business to effectively manage risk in key areas of the enterprise. The Enterprise Risk and Operational Risk Management (EORM) department is charged with overseeing all risk management related to PG&E’s operations and public safety including evaluating risks associated with wildfires, nuclear power, dams, natural gas, cyberattacks and natural disasters.  Functions include development and oversight of governance procedures, risk modeling and analytics, regulatory strategy, and the integration of risk into operational strategy, forecasting and work prioritization.  EORM has responsibility for consistent implementation and continuous improvement of its risk management program across ass aspects of the business. The EORM Principal position is primarily engaged in governance, oversight, communication, and functional area coaching and consulting functions.

Position Summary

The EORM Principal is responsible for thought leadership on risk assessment and management strategies, championing the use of data-based, risk-informed decision making, embedding risk management into the company’s fundamental business processes, and providing coaching to assigned functional area risk management teams.  In addition, the Principal will lead cross-functional projects and programs related to risk governance, regulatory proceedings, data visualization, training and communication, tool development and implementation, and process improvement utilizing the Lean Management System.  The Principal contributes to regulatory filings and proceedings, supports executive and Board-level risk oversight and provides insight to enable effective communication of enterprise risk.  The ideal candidate will have demonstrated knowledge and experience in risk management, utility industry operations, building and maintaining relationships at all organizational levels, and a customer service mindset.  The candidate will also have excellent consulting, coaching, verbal and written communication skills, strong analytical and data visualization skills, project or program management skills, initiative, and enthusiasm. 

This position is hybrid, working from your remote office and your assigned work location based on business need.

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. 

A reasonable salary range is:​

Bay Area Minimum: $132,000​

Bay Area Maximum: $226,000​

Job Responsibilities

Thought leadership on risk assessment and management strategies, specifically:

• Developing strategies for risk assessment process improvements using the Lean Management System
• Aligning risk assessment and management strategies with regulatory decisions and business operating plans
• Influencing risk-related regulatory proceedings
• Identifying and applying benchmark results to enhance all aspects of risk management
• Identifying and raising difficult issues in a positive way
• Using creative approaches to problem solving and project delivery

Partnering with assigned lines of business to implement risk management policies and standards, specifically:

• Communication and change management related to changes in risk management processes
• Championing the Lean Management System and the use of data-based, risk-informed decision making
• Consulting and coaching functional area Risk Owners in crafting presentations to enterprise and Board of Directors oversight forums
• Planning, executing, and facilitating risk-related workshops
• Embedding risk management into the company’s fundamental business processes
• Tracking and monitoring risk-related obligations and action items to ensure accountability

Drive projects related to risk management, for example:

• Maintaining the corporate event-based risk register and line of business risk registers
• Consulting and coaching functional area clients in the development of quantitative risk models.
• Developing material for internal oversight forums such as the Enterprise Risk command Center and the Risk Management Community
• Leadership in facilitating line of business, enterprise wide and board-level risk oversight forums
• Assessing strengths and gaps in risk management practices and procedures
• Creating and updating corporate guidance documents  
• Developing communication tools to create visibility to risk management data

Qualifications

Minimum:

• Bachelor’s degree in Business, Economics, Analytics, Actuarial Science or other STEM field, or equivalent experience
• Ten years of job-related experience i.e. enterprise risk management (operational and/or compliance), governance, internal auditing, quality assurance, process improvement, change management, utility operations or other applicable areas

Desired:

• Master’s Degree or PhD in Business, Economics, Analytics, Actuarial Sciences or STEM field preferred
• One or more of the following certifications: Project Management Professional (PMP), Risk Management Professional (RMP), Lean Six Sigma Blackbelt, or other Risk Management certification
• Electric, gas or combination utility business support services and continuous improvement experience
• Demonstrated knowledge and experience in utility industry risk management practices.
• Executive and board-level material development and communication experience.
• Demonstrates judgment and listening skills
• Ability to analyze complex processes and strategies
• Experience designing and implementing controls to ensure process sustainability
• Organized and able to effectively manage multiple, diverse tasks and adhere to tight deadlines
• Demonstrated ability to conveying complex ideas in a way that is easily understood by targeted audiences
• Ability to communicate effectively, lead client meetings, discuss issues and controls, and report on progress of work product with all levels of functional area and risk management leadership
• Excellent planning, leadership, and coaching skills
• The ability to build effective relationships across all utility and corporate functional areas
• Ability to lead without positional authority and positively influence business owners
• Ability to work effectively as part of a multi-discipline team
• Advocate and adhere to the PG&E’s stands and virtues at work and in the community