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Settlements Analyst

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 Settlements Analyst will be responsible for settling commodity transactions for various Counterparties which involves resolving data issues. Provide support in the settlement of all revenue agreements and power purchase agreements including resolution of disputes, interacting with the contracts team to obtain consensus of contractual interpretations, establishing recommendations and conclusions based on analysis of complex data and monitoring and providing technical direction to aid in settling disputes. Assist with analyzing and improving the settlements process, including designing metrics for measuring group performance. Develops and implements process controls and cost-effective approaches to minimize the organization's financial risks. Working and communicating with various customers and internal key groups to compile and analyze data. Manages the approval and maintenance of vendor/counterparty settlements agreements and invoicing activities. Career Level Summary Intermediate: Requires expanded professional-level knowledge and experience in own area; incumbents continue to acquire higher-level knowledge and skills Expands on high-level knowledge of the company, processes and customers Solves a range of more complex problems Analyzes possible solutions using advanced knowledge and applying protocols Operates independently and receives only a moderate level of guidance and direction May support data requests May support and participate cross departmental collaboration or process improvements Career: Requires in-depth knowledge and experience Uses best practices and knowledge of internal or external business issues to improve products or services Solves complex problems; takes a new perspective using existing solutions Works independently; receives minimal guidance Acts as a liaison lead/or consulting resource for Settlements middle office operations Lead and facilitate complex cross departmental collaboration or process improvements and demonstrate ability to lead multiple special projects and/or activities designed to resolve pain points Key Responsibilities Financial Risk Analyst, Settlements: 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. Senior Financial Risk Analyst, Settlements: 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 Analyses: Leads reporting efforts for regulatory analyses and compliance requirements; advises senior leadership of risk management 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. Audit Support: Interface with auditors to provide information and support/walkthrough as requested. Continuous Process Improvements: Lead the Settlements team in the analysis and measurement of the effectiveness of existing processes and develops business process improvements. Researches and implements best business practices. Qualifications Financial Risk Analyst Education: Requires a bachelor's degree in accounting, finance, economics or other related field or equivalent experience Experience: Typically two or more years in related field Senior Financial Risk Analyst Education: Requires a bachelor's degree in accounting, finance, economics or other related field or equivalent experience Experience: Typically five or more years in related field Competencies Functional Competencies 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 General Competencies 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 Physical, Schedule/Attendance and Cognitive Demands Cognitive Level: Financial Risk Analyst: Intermediate - Consistent use of relevant principles to solve practical problems and to deal with a variety of concrete variables in situations where only limited standardization exists Senior Financial Risk Analyst: Substantial - Consistent use of logic or scientific thinking to define problems, collect information, establish facts, and draw valid conclusions 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 Frequently (one to two times a month or less) Overnight inside/outside the service territory Occasionally (one to two times a month or less) Computer Use Use computer regularly for the entire work shift Environment: Office Environment Hybrid

3 days onsite, 2 days WFH Compensation Range: $74,325.00 - $148,625.00 Actual