Senior/Principal Quantitative Risk 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.SummaryPGE seeks a talented quantitative analyst with energy analytics and modeling experience to support PGE Energy Supply, Trading Analytics. The SeniorPrincipal Quantitative Risk Analyst takes a leadership role in communicating data-informed strategy and reports to the Manager, Market Fundamentals and Trading Analytics in Power Operations.This role is ideal for a candidate who thrives in a fast-paced trading environment, has a strong technical background, is comfortable building and automating data solutions from scratch, and has curiosity and passion about the electric utility business. The ideal candidate is resourceful and capable of quickly turning market insights into actionable tools for traders and leadership.Key ResponsibilitiesBusiness Partnership and Thought Leadership Supports senior leadership and key business partners in navigating uncertainty in an increasingly complex, data-driven energy landscape. Applies quantitative insights and analytics tools to enhance decision-making in trading, hedging, and portfolio management. Collaborates across teams to foster transparency and efficiency in portfolio analysis.Quantitative Modeling and Portfolio Risk Optimization Develops and maintains risk models and valuation frameworks for structured products, generation assets, and portfolio hedging strategies. Leverages statistical techniques (VaR, GMaR, stress testing, backcasting) to enhance models, providing traders and portfolio managers with insights for market decisions.Data Engineering and Automation Independently sources, integrates, and structures internal and external datasets to support analytics and decision-making. Builds and maintains custom data pipelines and automated workflows, ensuring data accessibility for trading and leadership teams. Data Visualization & Communication Develops and maintains Tableau dashboards and automated reporting tools to ensure quantitative insights are accessible for diverse audiences. Translates complex modeling results into clear, interactive visuals, enhancing transparency and decision-making across the organization.EducationExperienceCertificationsEducation Requires a bachelor's degree in computer science, electrical engineering, economics or other related field or equivalent experience. MSc or PhD in mathematics, statistics or computer science or related field, such as physics, economics or operations research preferred.Experience Typically 12 or more years in data science or related field. Three or more years of experience in a quantitative role within the energy industry. Experience with wholesale power andor commodities markets in the Western Electricity Coordinating Council footprint is preferred. Certifications, Licenses and Training Advanced proficiency in SQL, Python or R, with the ability to build, automate, and optimize data workflows. Experience with data visualization tools (e.g. Tableau) preferred. Experience implementing time series analysis and Monte Carlo simulations, regression and econometric techniques, optimization techniques with commercial solvers. Familiarity with with Production Cost Modeling (Aurora, PLEXOS, GE MAPs, etc.) petencies (Knowledge, Skills, Abilities)Functional Competencies:Expert quantitative analysis skillsExpert data literacyAdvanced knowledge of multiple business processes in three or more of the following business areas: Corporate, T&D, Generation and Operations, Power SupplyAdvanced ability to develop complex predictive models and represent the models using simple and advanced visualization mechanismAdvanced understanding and knowledge of energy, technology and utility domain trendsGeneral Competencies:Expert business acumenAdvanced interpersonal skillsExpert writtenoral communication skillsExpert analytical thinking skillsExpert decision-making skillsAdvanced change leadership skillsExpert presentationfacilitation skillsExpert enterprisebusiness awareness skillsAdvanced problem-solving skillsPhysical and Cognitive DemandsCognitive LevelSubstantial: 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.).CognitiveAbility to adhere to set response times, deadlines and time-sensitive tasksAbility to follow accuracy standardsAbility to follow through on decision-making tasksAbility to interact effectively and collaboratively within a team environmentAbility to communicate and problem solve when under stressAbility to respond and adapt to frequent changeAbility to accept and demonstrate self-awareness when provided constructive feedbackAbility to discern feedback and acknowledge ownership of areas of improvementAbility to avoid future mistakes by applying reasonable skills to new but similar work situations or tasksAbility to successfully collaborate with peers, managers and others within the organization Demonstrates sound memoryAbility to process new information to be applied consistently to work tasksScheduleAttendanceAbility to adhere to pre-established schedule, including startstop time and breaklunch scheduleAbility to work long hoursAbility to work a variable scheduleAbility to report to work and perform work during periods of severe inclement weatherAbility to consistently meet attendance standards for regular, reliable, predictable, full-time attendance Physical CapabilitiesDrivingtravelcommuteComputer use (use computer regularly for entire work shift)Environment - IndoorOffice environment - Hybrid - 3 days per week in officeCompensation Range:$107,025.00 - $222,560.00Actual 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 or 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 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.

Created: 2025-03-09