Principal Risk & Compliance Analyst

Pacific Gas and Electric; Oakland (CA); Hybrid; USD 132,000 - 226,000; Full time

Job summary

A leading company in the energy sector seeks a Principal Risk and Compliance Analyst to promote a culture of ethics and compliance. The role involves managing compliance programs, providing strategic guidance, and developing solutions to enhance compliance initiatives. The ideal candidate will have extensive experience in risk management and a strong educational background in relevant fields.

Qualifications

• 10+ years of experience in risk or compliance management, utility operations, or related field.

Responsibilities

• Manage and provide assurance over enterprise compliance programs.
• Develop tools and solutions to support compliance initiatives.
• Lead continuous improvement of the Ethics & Compliance program.

Skills

Analytical

Decision-Making

Creative Problem-Solving

Effective Communication

Education

Bachelor’s degree in Business, Economics, Management, Risk and Compliance, Accounting, Finance

Master’s degree in Business Administration, Economics

Job description

Requisition ID# 165320

Job Category: Compliance / Risk / Quality Assurance

Job Level: Manager/Principal

Business Unit: Gen Counsel, Ethics, Risk & Compliance

Work Type: Hybrid

Job Location: Oakland

Department Overview

The Compliance Strategy and Governance department in Ethics, Risk, and Compliance sets and manages the compliance management standards and framework for the company. This includes providing governance, oversight, and tools to enable PG&E departments and coworkers to conduct business in compliance with applicable laws and regulations and to effectively manage compliance risk. The team is responsible for strategic development, standards development, support for all Functional Areas, oversight and validation, enterprise-level IT tool ownership, and enterprise governance and reporting. The department also partners with the Ethics and Risk teams to promote a culture of compliance and ethics, encouraging employees to act with integrity, speak up about concerns, and comply with legal and regulatory requirements.

Major activities include strategic program development, establishing compliance policies and standards, supporting Functional Areas, enterprise-level IT tool ownership, oversight, validation, and governance and reporting. The department collaborates with the Ethics team to foster a culture of integrity and compliance.

Position Summary

The Principal Risk and Compliance Analyst will be accountable for promoting a culture of ethics and compliance, enabling PG&E coworkers to act with integrity, speak up, and adhere to legal and regulatory standards.

The role will be responsible for:

• Managing and providing assurance over enterprise compliance programs, procedures, and systems;
• Serving as a business partner and risk and compliance expert to Functional Areas;
• Understanding the business environment and associated risks and compliance requirements;
• Supporting Functional Area efforts to identify and assess compliance requirements and risks;
• Developing controls and metrics, evaluating deficiencies, supporting mitigation activities, and facilitating policy and standard publication;
• Supporting governance structures that enable compliant business conduct and risk mitigation;
• Training and engaging coworkers to understand and adhere to compliance programs.

This position is hybrid, working remotely and on-site based on business needs.

PG&E provides a salary range in good faith, specific to the locality. Actual salary depends on skills, education, experience, market value, location, and internal equity.

Salary range:

Bay Area Minimum: $132,000

Bay Area Maximum: $226,000

Job Responsibilities

• Provide strategic guidance, coaching, and support to Functional Areas to strengthen their ethics and compliance programs;
• Develop tools and solutions to support compliance initiatives;
• Work with Functional Area leaders to improve compliance performance;
• Guide on managing cross-functional compliance obligations;
• Assess and validate ethics and compliance programs;
• Perform compliance testing and control evaluations;
• Analyze regulatory and internal challenges for remediation;
• Propose solutions to complex compliance issues;
• Present program challenges and improvements to leadership;
• Benchmark and analyze trends with internal and external peers.

• Lead continuous improvement of the Ethics & Compliance program;
• Develop strategies, templates, and expectations for compliance programs;
• Work independently on complex issues impacting Ethics & Compliance and PG&E;
• Participate in risk and compliance forums;
• Prepare presentation materials for management;
• Support planning related to ethics and compliance;
• Influence leadership decisions on risk and compliance;
• Develop and deliver training on compliance principles;
• Assist with other compliance projects and activities.

Qualifications

Minimum

• Bachelor’s degree in Business, Economics, Management, Risk and Compliance, Accounting, Finance, or related field, or equivalent experience;
• 10+ years of experience in risk or compliance management, utility operations, or related field.

Desired

• Master’s degree in Business Administration, Economics, or quantitative fields, or equivalent experience;
• Experience in utility, energy, or regulatory industries;
• Knowledge of industry drivers, issues, and trends;
• Analytical and decision-making skills;
• Ability to influence stakeholders;
• Creative problem-solving skills;
• Knowledge of change management and process improvement;
• Effective communication skills for diverse audiences;
• Certified Compliance and Ethics Professional or equivalent certification.