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Credit & Emerging Risk Analyst, Senior

San Francisco, CA, US, 94105

Requisition ID # 29088 

Job Category : Compliance / Risk / Quality Assurance 

Job Level : Individual Contributor

Business Unit: Finance and Risk

Job Location : San Francisco

Department Overview

The Market and Credit Risk Management (M&CRM) department consists of Market and Transaction Risk, 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 ligations and associated potential liquidity requirements.


The Credit and Emerging Risk (CRM) group within M&CRM is responsible for performing credit and liquidity analyses, developing credit standard and policies, negotiating credit terms and financial securities as needed, assessing portfolio credit risk and ensuring credit risk function meets corporate and utility policies and standards. CRM supports many business areas including but not limited to transactional activities associated with natural gas, electricity, nuclear fuels, electric and gas operations. CRM also provides credit assessment and analysis in support of supply chain contracting activities and other emerging risks. Since the utility must comply with state and federal regulation, CRM supports various regulatory efforts across the company as it relates to credit risk monitoring, reporting and analyses.


Position Summary

Senior analyst is an individual contributor position within CRM and is expected to contribute to the majority of the above areas. The analyst is expected to monitor and report portfolio’s credit risk, provide detail and clear explanation of risks measured, ensure data quality across various risk management systems, perform credit worthiness analyses of assigned portfolio, monitor and assign credit limits in compliance with credit procedure and on a timely manner to meet front office deadline.



Minimum Qualifications:

  • Bachelor’s degree in Information Systems, Business, Engineering, Financial Engineering, Economics, Statistics, or Mathematics.
  • Minimum of three years in accounting, finance, procurement, settlement, or credit risk management and counterparty financial evaluation.


Desired Qualifications:

  • Excellent written and verbal communication skills.
  • Proven Microsoft office expertise.
  • Prior credit risk management experience in utility or energy industry preferred.
  • Good understanding of energy industry contracts including but not limited to EEIs, NAESBs, ISDAs, and Power Purchas/Sale Agreements.



  • Evaluates counterparty’s financial strength based on standard guidelines and procedures using financial analyses of financial statements and other relevant market intelligence.
  • Negotiates credit term and limit threshold levels for various agreements.
  • Monitors exposure against established credit limits and enforces credit margin maintenance requirements.
  • Monitors, gathers, and maintains collateral owed or posted.
  • Liaises with treasury, front office, and settlement group to quantify the amount of collateral to be posted or collected and track the levels of interest expenses or income associated with collateral activities.
  • Prepares relevant credit risk reports.
  • Maintains and manages credit risk and counterparty information within system of records in PG&E’s risk management systems.

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 climage 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.

Nearest Major Market: San Francisco
Nearest Secondary Market: Oakland