Settlements Risk Analyst jobs in United States
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Portland General Electric · 7 hours ago

Settlements Risk Analyst

Portland General Electric is committed to advancing innovative clean energy solutions and is seeking a Settlements Risk Analyst. The role involves settling commodity transactions, resolving data issues, and providing support for revenue agreements and power purchase agreements, while also analyzing and improving the settlements process.

Electrical DistributionEnergyRenewable Energy

Responsibilities

Billing: Generating Counterparty invoices/remittances for bilateral power, financial swaps, renewable energy credits, transmission, and fuel in accordance with contractual terms. Contacting counterparties to timely resolve billing discrepancies or follow up with past due accounts receivables. Researches, analyzes, and resolves transaction data corrections
Risk Analysis: Conducts analyses and develops reports; provides data and supports the review and validation of financial risk analysis decisions
Regulatory Analysis: Provides data and reporting for various regulatory analyses and compliance requirements; advises other departments of risk management policies and regulations
Data Management Tools: Ensures the integrity of data in systems used. Notifies appropriate parties of data and software issues encountered
Contracts Administration: Identify and translate contractual agreement between energy buyers and sellers as it relates to the Settlements activities. Provide feedback as needed for project approval summary and system deal testing

Qualification

Risk management conceptsFinancial analysisFinancial modelingSOX complianceData management toolsAnalytical thinkingWritten communicationOral communicationProblem-solving skillsOrganization skills

Required

Requires a bachelor's degree in accounting, finance, economics or other related field or equivalent experience
Typically two or more years in related field
Intermediate/Advanced knowledge of risk management concepts including claims, insurance and loss prevention, credit analyses and security interests
Strong working knowledge of financial analysis and valuation
Working knowledge of SOX (Sarbanes-Oxley Act) and compliance requirements
Advanced Excel skills and financial modeling experience
Proficient on MS Word, Excel, Access, Power Point, etc
Intermediate knowledge of relevant software tools and report generator applications
Working knowledge of electrical system operations
Intermediate/Advanced financial modeling skills and experience using Microsoft Excel
Working/Intermediate knowledge of enterprise/business acumen
Working/Intermediate problem-solving skills
Intermediate/Advanced written and oral communication skills
Intermediate organization and prioritization skills
Working/Intermediate analytical thinking skills
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
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
Daily within service territory
Frequently (one to two times a month or less)
Occasionally (one to two times a month or less)
Use computer regularly for the entire work shift

Benefits

Performance based incentive bonus
Total rewards package

Company

Portland General Electric

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Portland General Electric (PGE) is a vertically integrated electric utility engaged in the generation, purchase, transmission.

Funding

Current Stage
Public Company
Total Funding
$379.5M
Key Investors
US Department of Energy
2023-05-10Grant· $4.5M
2022-10-25Post Ipo Equity· $375M
2006-04-03IPO

Leadership Team

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Maria Pope
President and Chief Executive Officer
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Joseph Trpik
Senior Vice President and Chief Financial Officer
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Company data provided by crunchbase