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Analysis & Modeling Risk Analyst, Expert

San Francisco, CA, US, 94105

Requisition ID # 75021 

Job Category : Accounting / Finance 

Job Level : Individual Contributor

Business Unit: Finance

Job Location : San Francisco

Department Overview

The Market and Credit Risk Management (M&CRM) department consists of Credit and Emerging Risk, Governance, Analysis and Modeling, and Infrastructure and Controls functions.  PG&E engages in various standard and nonstandard natural gas and electric procurement activities, and it is the responsibility of the M&CRM department to facilitate transaction execution and assist in mitigating market, credit and liquidity risks associated with contractual obligations and associated potential liquidity requirements. 


Position Summary

Expert, Analytics and Modeling is a team member leading in the design, development, implementation, maintenance and validation of models, algorithms and processes used in risk analyses, forecasting and transaction valuation, as part of large-scale middle office systems. A front-line developer working on technical development phases: data engineering, analytics/modeling, data science and presentation layers. The Expert Works with other groups within M&CRM and the rest of PG&E to determine and meet their computational finance needs.


Job Responsibilities

  • Front line development and coding of numerical algorithms in computational finance regarding energy risk management.
  • Quantitative analysis of energy commodity prices, derivatives and transactions as needed for decision support in multiple lines of business.
  • Build frameworks for implementing tools and processes to improve quality and timeliness of risk reports.
  • Development of risk metrics and stress scenarios.
  • Design of analytical and diagnostic tools to ensure accuracy and timely computation of risk metrics and facilitate analyses of energy portfolios.
  • Measurement of hedging strategies and programs.
  • Validate financial models for multiple lines of business
  • Promote a culture, through effective risk awareness, where employees take accountability for models and analysis.
    Minimum Qualifications:
  • Bachelor's in Industrial Engineering Operations Research, Information Systems, Data Science, Business, Engineering, Financial Engineering, Economics, Statistics, or Mathematics, or equivalent experience.
  • Minimum of seven (7) years of experience in analytical methods and modeling
  • Master's in Industrial Engineering Operations Research, Information Systems, Data Science, Business, Engineering, Financial Engineering, Economics, Statistics, Mathematics, or equivalent experience
  • Utility or Energy Industry experience preferred
  • 8 years of experience in energy risk analytics, modeling or forecasting
  • 5 or more years of experience in some relevant programming languages and tools - for example Python, MATLAB, FORTRAN, C++, C#
  • 3 years of experience implementing complex numerical algorithms at the code library level, such as Monte Carlo simulation, network optimization, or real option valuation
  • 3 years of experience in data management within a commodity trading environment
  • 3 years of Utility or energy industry experience.
  • Experience of risk and compliance techniques as needed to perform at the job level
  • Experience with agile development techniques
  • Proven oral and written communication skills.


Our Mission

To safely and reliably deliver affordable and clean energy to our customers and communities every single day, while building the energy network of tomorrow.

Our Vision

With a sustainable energy future as our North Star, we will meet the challenge of climate change while providing affordable energy for all customers.

Our Culture

We put safety first.
We are accountable. We act with integrity, transparency and humility.
We are here to serve our customers.
We embrace change, innovation and continuous improvement.
We value diversity and inclusion. We speak up, listen up and follow up.
We succeed through collaboration and partnership. We are one team.

Pacific Gas and Electric Company (PG&E), a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric companies in the United States. Based in San Francisco, our 24,000 employees deliver safe, reliable, affordable and clean energy to nearly 16 million people throughout our Northern and Central California service area, stretching from Eureka to Bakersfield and from the Pacific Ocean to the Sierra Nevada.

More About Our Company

Pacific Gas and Electric Company is an Affirmative Action and Equal Employment Opportunity employer that actively pursues and hires a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, ancestry, sex, age, religion, physical or mental disability status, medical condition, protected veteran status, marital status, pregnancy, sexual orientation, gender, gender identity, gender expression, genetic information or any other factor that is not related to the job.

Employee Privacy Notice                                                                                                                                                                                                                                      The California Consumer Privacy Act (CCPA) goes into effect on January 1, 2020. CCPA grants new and far-reaching privacy rights to all California residents. The law also entitles  job applicants, employees and non-employee workers to be notified of what personal information PG&E collects and for what purpose. The Employee Privacy Notice can be accessed through the following link: Employee Privacy Notice

PG&E will consider qualified applicants with arrest and conviction records for employment in a manner consistent with all state and local laws.

Nearest Major Market: San Francisco
Nearest Secondary Market: Oakland