Location
Tualatin, OR | United States
Job description
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.
Senior Energy Supply Procurement Originator
Origination & Structuring Leads commercial and strategic approach for maximizing value and effectively managing risks associated with PGE’s power supply portfolio. Develops structured proposals for deals involving any combination of energy (electric, gas and services) that provide mid- to long-term strategies for fueling power plants and effectively managing power supply portfolio. Develops models and market strategies to assess economic value and price risks inherent in complex transactions and negotiations across the enterprise.
Key Responsibilities
Wholesale Transmission Portfolio Management - Manages the PGE Merchant wholesale transmission portfolio. Monitors evolving policy arenas - including BPA and WRAP - for changes that could impact PGE's wholesale power portfolio. Supports PGE's WRAP efforts by providing SME assistance and expertise.
Energy/Risk Management Products and Strategies - Designs, markets and implements structured energy and risk management products and strategies to reduce costs, optimize assets and reduce risks associated with PGE's resource portfolio and wholesale market activities; ensures risks and benefits of structured products are identified, priced and allocated.
New Energy Resources Contracting - Evaluates and negotiates transactions to acquire new energy resources, contracts and infrastructure; supports 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 - Identifies and assesses potential changing market dynamics or fundamental drivers that could impact price or availability of fuel and related assets.
Outbound Marketing - Conducts outbound marketing to develop positive commercial relationships and opportunities with counterparties in the wholesale energy markets; identifies opportunities for bilateral partnerships, contracts and asset transactions.
External Relations - Represents PGE in the wholesale markets; participates in industry forums and conferences; represents PGE’s interests in regulatory and rate case proceedings.
Education/Experience/Certifications
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.
Competencies (Knowledge, Skills, Abilities)
Functional Competencies
Intermediate knowledge of the electric utility industry and electric energy markets, including trading, scheduling procedures, state and federal policies and regulations and underlying physical infrastructure and networks
Intermediate knowledge of financial concepts, including options, swaps, futures, forward contracts and asset valuation methods
Intermediate entrepreneurial skills Intermediate financial and risk modeling skills
Intermediate skills in analyzing energy market conditions or trends
Intermediate skills in promoting and selling products and services, including marketing strategy and tactics
Intermediate skills in negotiating contracts
General Competencies
Intermediate analytical thinking skills
Intermediate business acumen
Intermediate creativity and innovation skills
Intermediate diplomacy skills
Intermediate organization and prioritization skills
Intermediate presentation/facilitation skills
Intermediate problem-solving skills
Intermediate risk management skills
Intermediate written and oral presentation skills
Environment : Office/Hybrid
Compensation Range:
$109,800.00 - $183,000.00
In addition, this position is eligible for a performance-based incentive bonus. Actual total compensation is commensurate with experience, skills, and education
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 ( .
Join us today and power your potential!
Assisting with storms or other Company emergencies is a part of all positions at Portland General Electric.
PGE is committed to diversity and inclusion in the workplace and is an equal opportunity employer. PGE will not discriminate against any employee or applicant for employment based on race, color, national origin, gender, gender identity, sexual orientation, age, religion, disability, protected veteran status, or other characteristics protected by law.
PGE does not discriminate on the basis of disability. We recognize individuals have a variety of abilities to offer and we believe there is much to value and celebrate by incorporating different abilities into the work we do. One very important way we live this out is in our application and interview process. We work hard to support individuals who may need an accommodation to fully participate in these processes. If you feel you may need an accommodation, or would like to request one, please notify the Talent Acquisition Specialist (Recruiter) associated with the job posting. You may also make this request by contacting [email protected] or by calling 503-464-7250. The Recruiter will provide information and next steps for the accommodation process. Our Diversity, Equity & Inclusion (DEI) team is also available for support. You can contact them at [email protected] .
To be considered for this position, please complete the following employment application by the posting close date. Posting closes at midnight (Pacific Time) on the closing date below. If no date is listed, job is open until filled.
At Portland General Electric, we’re innovators, builders, and achievers. We’re committed to powering our customers’ potential and making a difference for our community and the planet. Today, that commitment includes developing an intelligent and resilient electric grid, electrifying transportation and de-carbonizing the energy sector.
We’re proud to deliver an exceptional experience to help our customers thrive. Our mission is to make clean, reliable and affordable energy services available to all. We obsess over serving customers and are committed to growing employee career paths with purpose. Equity and inclusion are core business values; we celebrate our differences and are committed to developing teams that reflect the communities we serve.
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