Financial Risk Analyst​/Senior Financial Risk Analyst - Settlements

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 Counter parties 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/counter party settlements agreements and invoicing activities.

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

Financial Risk Analyst, Settlements:

• Billing:
  Generating Counter party invoices/remittances for bilateral power, financial swaps, renewable energy credits, transmission, and fuel in accordance with contractual terms. Contacting counter parties 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 Counter party invoices/remittances for bilateral power, financial swaps, renewable energy credits, transmission, and fuel in accordance with contractual terms. Contacting counter parties 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…