Energy/Senior Energy Supply Procurement Originator

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.

Our vision at PGE is that together, with our customers, stakeholders and communities, we will lead the energy transformation by decarbonizing, electrifying and performing. This vision is embedded across all business units and across all roles at the company.

This role is available at either the Mid or Senior Level. Leveling and specific responsibilities will be determined & potentially adjusted based upon the interview evaluation of the selected candidate.

Powering our mission, this Originator will be a recognized expert focused on the acceleration of our region’s decarbonization goals to deliver emissions-free energy to customers. This will require collaboration with policymakers, stakeholders, customers and regional wholesale market participants as PGE positions itself to be a leader in delivering clean, affordable and reliable power in the region.

In this role, you will lead the development and execution of commercial and strategic approaches focused on reducing emissions in PGE’s energy supply portfolio, optimizing existing assets, ensuring we offer products that assist our customers on their decarbonization journey, all while delivering value for our shareholders. This will include structuring and negotiating complex agreements with counterparties that position PGE well to deliver on our decarbonization goals and requires the ability to solve unique and complex problems having a board impact on PGE’s business model.

What you will accomplish in the role:

Who you are and what you will bring to our team:

Job Function

Origination & Structuring Leads commercial and strategic approach for maximizing value and effectively managing risks associated with PGE’s power supply portfolio. Identifies and originates best opportunities for new resource procurement. Negotiates primary commercial agreements with resource developers. Develops models and market strategies to assess economic value and price risks inherent in complex transactions and negotiations across the enterprise. Independent engagement with PGE Senior Management regarding commercial updates and required internal governance actions.

Key Job Information Key Responsibilities

New Energy Resources Contracting: As the primary negotiator, leads teams to evaluate and negotiate large and complex transactions to acquire new energy resources, contracts and infrastructure; orchestrates the competitive bidding process and other procurement activities to acquire long-term resources; ensures that contract terms and conditions meet PGE's commercial, operational and risk-mitigation requirements.

Market Analysis: Leads a team to identify and assess potential changing market dynamics or fundamental drivers that could impact price or availability of fuel and related assets; as a senior specialist, provides expert guidance regarding market changes and drivers.

Outbound Marketing: Orchestrates highly effective outbound marketing to develop positive commercial relationships and opportunities with counterparties in the resource development and wholesale energy markets; facilitates the exploration of new markets; develops and executes bilateral partnerships, contracts and asset transactions.

External Relations: Represents PGE as an expert in the wholesale markets and at industry forums and conferences; represents PGE’s interests in regulatory and rate case proceedings.

Education/Experience/Certifications Mid Level: Education: Requires a bachelor’s degree in business, finance, economics, computer science, mathematics, engineering or other related field or equivalent experience.

An MBA or MS in finance, economics or related financial discipline preferred.

Experience: Typically, five or more years in the economics, trading, financial analysis or related field and/or highly specialized skills or knowledge in a related area.

Senior Level: Education: Requires a bachelor’s degree in business, finance, economics, computer science, mathematics, engineering or other related field or equivalent experience.

An MBA or MS in finance, economics or related financial discipline preferred.

Experience: Typically eight or more years in the energy industry or related field and/or related experience working autonomously making decisions in outbound facing tasks and delivering outcomes.

Competencies (Knowledge, Skills, Abilities)

Functional Competencies

Advanced knowledge of financial concepts, including options, swaps, futures, forward contracts and asset valuation methods

Advanced financial and risk modeling skills

Advanced skills in analyzing energy market conditions or trends

Advanced skills in promoting and selling products and services, including marketing strategy and tactics

Advanced skills in negotiating contracts

Advanced knowledge of financial concepts, including options, swaps, futures, forward contracts and asset valuation methods

Advanced entrepreneurial skills

Advanced financial and risk modeling skills

General Competencies

Advanced analytical thinking skills

Advanced business acumen

Advanced creativity and innovation skills

Advanced diplomacy skills

Advanced organization and prioritization skills

Advanced presentation/facilitation skills

Advanced problem-solving skills

Advanced risk management skills

Advanced written and oral presentation skills

Physical and Cognitive Demands

Cognitive Level

Substantial: 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.).

Cognitive

Ability to adhere to set response times, deadlines and time-sensitive tasks

Ability to follow accuracy standards

Ability to follow through on decision-making tasks

Ability to interact effectively and collaboratively within a team environment

Ability to communicate and problem solve when under stress

Ability to respond and adapt to frequent change

Ability to accept and demonstrate self-awareness when provided constructive feedback

Ability to discern feedback and acknowledge ownership of areas of improvement

Ability to avoid future mistakes by applying reasonable skills to new but similar work situations or tasks

Ability to successfully collaborate with peers, managers and others within the organization Demonstrates sound memory

Ability to process new information to be applied consistently to work tasks

Schedule/Attendance

Ability to work long hours Ability to work a variable schedule Ability to consistently meet attendance standards for regular, reliable, predictable, full-time attendance

Environment

Office – Hybrid – 3 days per week in office required

Compensation Range:

$96,300.00 - $189,875.00

Actual 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.