Manager Quantitative Analysis

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.

The Trading Analytics team collects fundamental information for generation resources and load demand for electricity, natural gas and other commodities related to the bulk electricity market that impact the operation of PGE's portfolio of assets; conducts market sector or statistical analysis and interprets key market data elements into useful trading information. Performs modeling and communicates with traders as well as external stakeholders. Performs analysis on data sets that may require scripts, codes, languages, etc.

In this role you will be accountable for the performance and results of a team of senior analysts which includes planning and prioritizing competing requests to meet tight deadlines with the teams capabilities and bandwidth. This managers operates with moderate guidance from the Senior Director of Power Operations. At times, this manager will also need to step in and perform the function of an individual contributor to address urgent needs to move the business forward.

Key Responsibilities:

Manager, Quantitative Analysis is responsible for managing the following areas of technical support:

* Analysts responsible for analyzing trends, build forecast based on fundamentals of wind, solar, hydro and load as well as interfacing with internal stakeholders for ad hoc analysis and external stakeholders as subject matter expert on recommendations and actions taken

* Analysts who provide quantitative analysis evaluating risk, opportunities and strategies based on option pricing theories.

This manager will provide oversight and support by:

* Sets priorities and goals for trading analysts

* Serve as the team's liaison with PGE's Power Operations IT, Risk, Financial Forecasting and Transmission Services teams to ensure alignment and coordination

* Resourcing Oversees resourcing decisions and planning for team; partners with HR in the definition of jobs, recruitment, evaluation and selection processes.

* Reviews organizational development for the team to support their on going development; monitors ongoing progress and provides coaching and mentoring and provides feedback; completes annual performance management reviews.

Education/Experience/Certifications Education

* Requires a bachelor's degree in a technical field, e.g., engineering, physics, mathematics, finance, economics or computer programming; a master's degree is desirable or equivalent experience.

* Experience Prefer eight or more years in some combination of trading, structuring, research, analysis, engineering, programming, design and/or modeling.

Competencies (Knowledge, Skills, Abilities)

Functional Competencies:

* Knowledge of the electric utility industry and electric energy markets, including trading, scheduling procedures, state and federal policies and regulations and underlying physical infrastructure and networks.

* Knowledge of traded commodity markets like electric bulk power generation, natural gas, transmission and other commodity markets that impact the cost of electricity.

* Advanced knowledge of wholesale electric, gas and other commodities' market fundamentals, including equilibrium pricing principles. Advanced knowledge of commodities in energy market derivatives (e.g., forwards, options, swaps), including market pricing and valuation principles.

* Advanced knowledge of programming languages such as SQL, VB/VBA, C, Python or Matlab.

* Advanced computer skills in using Microsoft Office (Excel, Word and PowerPoint) and analytics programs.

* Basic knowledge of regulated utility accounting principles.

* Advanced knowledge of learning technologies.

* Advanced knowledge of industry best practices.

* Advanced mathematical and analytical skills, including calculus, linear algebra, mixed integer programming, probability and multivariate statistics, real analysis, numerical analysis and operations research.

* Advanced ability to think across multiple functional areas, e.g., Power Operations, Balancing Authority, Generation and Rates and Regulatory impacts.

*

General Competencies

* Advanced ability to manage stakeholders.

* Advanced analytical thinking skills. Advanced business acumen.

* Advanced consulting skills.

* Advanced decision-making skills.

* Advanced interpersonal skills.

* Advanced organization and prioritization skills.

* Advanced presentation/facilitation skills

* Advanced problem-solving skills

* Advanced written/oral communication skills.

Leader Practices: Drives Results Plans and Aligns Decision Quality Drives Engagement Courage

Physical and Cognitive Demands

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 consistently meet attendance standards for regular, reliable, predictable, full-time attendance

Physical Capabilities

* Driving/travel/commute: Daily within service territory - Occasionally (one to two times a month or less)

* Computer use (use computer regularly for entire work shift)

Environment- Indoor:

* Office - Hybrid - 3 days per week in office

Compensation Range:

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.

Join us today and power your potential!

Assisting with storms or other Company emergencies is a part of all positions at Portland General Electric.

PGE is committed to diversity and inclusion in the workplace and is an equal opportunity employer. PGE will not discriminate against any employee or applicant for employment based on race, color, national origin, gender, gender identity, sexual orientation, age, religion, disability, protected veteran status, or other characteristics protected by law.

PGE does not discriminate on the basis of disability. We recognize individuals have a variety of abilities to offer and we believe there is much to value and celebrate by incorporating different abilities into the work we do. One very important way we live this out is in our application and interview process. We work hard to support individuals who may need an accommodation to fully participate in these processes. If you feel you may need an accommodation, or would like to request one, please notify the Talent Acquisition Specialist (Recruiter) associated with the job posting. You may also make this request by contacting talentacquisition@pgn.comor by calling 503-464-7250. The Recruiter will provide information and next steps for the accommodation process. Our Diversity, Equity & Inclusion (DEI) team is also available for support. You can contact them at dei@pgn.com.

To be considered for this position, please complete the following employment application by the posting close date. Posting closes at midnight (Pacific Time) on the closing date below. If no date is listed, job is open until filled.