Mid-Office Risk Analyst

POWER YOUR GREATNESS

PacifiCorp is seeking customer-centric candidates to grow and sustain our commitment to a culture of customer service excellence, environmental sustainability, inclusion and belonging.
 
 

General Purpose

This position may be filled at the Mid-Level or Senior Level, depending on the candidate’s experience and qualifications. The role is commonly referred to as Middle Office, End-of-Day Operations, Trade Support, Energy Trading Operations, or Commodities Valuation and Reporting.

The position is responsible for supporting front office/trading and back office operations, including development of inputs, processing settlement pricing and deal settlement, managing trading system parameters, report production, ensuring end-of-day processes are complete and accurate, testing and development of system changes, and ensuring collaborative relationships across multiple related groups.

Responsibilities

Responsibilities of this position include the following:

• Prepare accurate physical and financial power and natural gas position, mark-to-market, and other risk reports through strict adherence to established processes and controls.\
• Perform, validate, and report upon daily updates of market and asset parameters and the resulting impacts to power and natural gas positions.
• Identify, investigate, resolve, and document errors, inconsistencies, or abnormalities in data on a daily basis to provide accurate positions to the front office.
• Complete special analyses which generally include collection and preparation of data, analyses using spreadsheets and other tools, and presentation and documentation of results.
• Understand PacifiCorp’s commodity portfolio and energy trading system and leverage knowledge to support all energy management and risk management activities.
• Design, operate, and maintain tools and procedures to improve data accuracy, validation, and reporting.
• Prepare and maintain comprehensive documentation for mid office models and processes.

In addition to the above, Senior level responsibilities include:

• Lead the preparation of accurate physical and financial power and natural gas positions, mark-to-market, and other risk reports through strict adherence to established processes and controls.
• Lead the preparation of special analyses which generally include collection and preparation of data, analyses using spreadsheets and other tools, and presentation and documentation of results.
• Act as a subject matter expert and provide assistance to associate and mid-level analysts. 
• Lead the periodic review, documentation, and validation of all assumptions and calculations in models to ensure accurate internal and external financial and position reports.

Requirements

Requirements for this position include the following:

• Bachelor’s Degree in Business, Finance, Economics, Accounting, Engineering or a related field; or the equivalent combination of education and experience.
• A minimum of three years of related experience in a quantitative or analytical role.
• Proficient in the use of Microsoft Office for preparation and communication of analyses, including experience with the creation, maintenance, and validation of Excel spreadsheets using lookup and reference logic, formatting, and pivot tables.
• Demonstrated communication and interpersonal skills including the ability to consult and collaborate with internal stakeholders.
• Ability to successfully complete and communicate multiple, concurrent assignments in a fast-paced working environment.
• Ability to work with all levels of an organization, including people with different styles and backgrounds.
• Ability to work productively both individually and as a member of a team.
• Motivated self-starter and problem solver with strong attention to detail.

In addition to the above, the Senior level requirements include:

• A minimum of five years of related experience in a quantitative or analytical role.
• Project management skills including project leadership, task identification, scheduling, resource management, and communication. 

Preferences

• Experience in energy, regulated utility, commodity trading, or risk management industries.
• Experience with Endur or other energy trading system.
• Experience with linear optimization models including IRM (iOpt), ABB (System Optimizer, PaR), Aurora, GRID, or other power and natural gas system optimization models.
• Proficiency in Visual Basic or other programming packages for automation of processes including preparation and loading of inputs and extraction and compilation of outputs.
• Master’s Degree in Business, Finance, Economics, Accounting, Engineering or a related field.

Benefits

At PacifiCorp, we understand that living a healthy lifestyle isn’t just about your physical health — your mental, financial, and social wellbeing also play an important role. That’s why we offer a wide range of benefits designed to help you live a more balanced lifestyle.

Our benefits include: 

• Medical, dental, and vision insurance
• 401k with match fixed contributions, including a Roth and saving option. For union employees, matching contributions vary by union. For nonunion, PacifiCorp makes a fixed contribution equal to 4% of your eligible pay each year for new hires. In addition, PacifiCorp matches 100% of the first 6% you contribute. 
• Life insurance
• Additional voluntary benefits, including pet insurance
• Tuition Assistance
• Mass Transit Pass for employees in our Portland and Salt Lake City Offices.

Work Life Balance

• Generous Paid Time Off (PTO) - Time off varies by employee type (Union or Non-Union)
• Paid short-term disability leave and long-term disability insurance
• Paid Parental Leave
• Paid Bereavement Leave 
• Employee Assistance Program supporting mental and emotional wellbeing

For more information, please visit: https://careers.pacificorp.com/content/New-Benefits-Page/?locale=en_US

Additional Information

Req Id: 114592 
Company Code: PACIFICORP  #PM25 
Primary Location: Portland  100% ONSITE   
Department: CFO 
Schedule: Full-Time
Personnel Subarea: Exempt
Hiring Range: 77,200 - 140,250

Target Incentive percentage: up to 15%

PacifiCorp is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, medical condition, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law.

Unless otherwise required by law, all offers of employment are contingent upon the successful completion of a background check and drug screening including for marijuana. While marijuana is legal in several states, including Oregon, a positive test for positions in Oregon may disqualify a candidate. The company complies with the laws of Washington and California and only obtains and considers positive tests for marijuana in safety-sensitive positions or those covered by U.S. Department of Transportation regulations.

Employees must be able to perform the essential functions of the position with or without an accommodation.