Senior Risk & Compliance Quant Modeling Lead

Energy Jobline ZR; Marysville (WA); Hybrid; USD 140,000 - 238,000; Full time

Job summary

PG&E is seeking a Manager/Principal in the Electric Risk & Compliance group to lead risk analytics, modeling, and governance for the company’s portfolio. The role focuses on developing metrics, hedging analysis, and regulatory-aligned frameworks within a hybrid work environment.

The position requires a Bachelor’s degree and extensive experience in risk analytics, with additional preference for a Master’s degree and utility industry exposure.

Qualifications

• Bachelor’s degree in Information Systems, Business, Engineering, Economics, Statistics, or Mathematics.
• 8 years of risk analytics development and modeling.
• 2 years of project management experience.
• Master’s degree or equivalent experience.
• Electrical engineer background in the utility industry.
• Proven risk control and system design skills.

Responsibilities

• Lead development of risk metrics and stress scenarios
• Lead development of commodity prices, derivatives and transactions as needed to analyze and quantify risks.
• Lead development of framework for implementing tools and processes to improve quality and timeliness of risk reports.
• Lead design of analytical and diagnostic tools to ensure accuracy and timely computation of risk metrics and facilitate analyses of portfolios.
• Lead assessment of the effectiveness of hedging strategies and programs.
• Lead development and enhancement of quantitative models to support forecasting, valuation, and portfolio risk assessment.
• Provide analytical support and quantitative risk assessments to inform business decisions and address emerging issues.
• Lead development of risk-informed compliance frameworks to align analytical insights with regulatory requirements and support effective governance and oversight.
• Lead horizon scanning activities to identify emerging risks, market developments, and regulatory changes that may affect portfolio strategy and risk exposure.
• Develops and leads compelling data-driven business cases for or against specific courses of action and potential risk mitigation alternatives as appropriate; provides strategic direction regarding areas of NERC compliance in common with CPUC, OEIS, and CAISO.
• Leads annual gap analysis; identifies gaps between compliance requirements and guidance documentation.
• Develops, monitors, analyzes, and reports on business KPIs and indicators, that may affect the Company’s ability to meet its goals.

Skills

Risk analytics

Modeling

Project management

Education

Bachelor's degree in Information Systems, Business, Engineering, Financial Engineering, Economics, Statistics, or Mathematics

Master’s degree or equivalent experience

Job description

PG&E is seeking a Manager/Principal in the Electric Risk & Compliance group to lead risk analytics, modeling, and governance for the company’s portfolio. The role focuses on developing metrics, hedging analysis, and regulatory-aligned frameworks within a hybrid work environment.

The position requires a Bachelor’s degree and extensive experience in risk analytics, with additional preference for a Master’s degree and utility industry exposure.