Expert Settlements Analyst - Market Initiatives and Settlements

Department Overview

The Energy Policy and Procurement (EPP) organization procures electricity, capacity, and ancillary services to serve the needs of bundled electric customers.  In addition, EPP procures natural gas, pipeline capacity, and storage capacity on behalf of residential and small commercial customers, and for both utility-owned and contracted third-party electric generation.  EPP is responsible for the front-office and back-office functions associated with power and gas procurement.  Front-office functions entail planning, contracting, trading, scheduling, and dispatching electricity, and natural gas for PG&E’s customers.  Back-office functions entail administering procurement agreements and ensuring timely and accurate payments to the California Independent System Operator (CAISO) and third-party power and gas suppliers.  EPP also actively participates in regulatory and legislative proceedings that shape the design and implementation of state, regional, and federal energy regulation and policy.  In addition, EPP is responsible for long-term planning, risk management, and compliance functions related to PG&E’s energy portfolio.  

Contract Management, Settlements and Reporting (CMSR) is a department within EPP responsible for the implementation, administration, and settlement of all electric and gas supply contracts with respect to the management of contract terms and conditions, contract generation construction monitoring and testing, resolution of billing disputes and discrepancies, counterparty and the reporting of market transactions and contract settlement payments.

Position Summary

The position will work on CAISO market initiatives, settlements, and policy development through the CAISO settlements and energy contract settlements lens. This position requires an in-depth understanding of the energy business, energy procurement, energy contracts, energy markets, regulatory environment, and related information and processes to help develop requirements, project manage and testing procedures for CAISO market initiatives. The analyst will also develop trainings and materials for affected internal teams to ensure the timely transition from pre to post initiative implementation. The analyst will develop and maintain key relationships with internal and external stakeholders and must have excellent written and oral communication skills, an aptitude for critical thinking, and strong detail orientation.  

This position is hybrid, working from your remote office and your assigned work location based on business need. The preferred location is Oakland, CA. The assigned work location will be within the PG&E Service Territory.

PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job. The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity.

A reasonable salary range is:

Bay Area Minimum: $109,000

Bay Area Maximum: $175,000

Job Responsibilities

• Subject Matter Expertise (SME) in CAISO market initiatives, settlements, and policy development to lead market simulations and post implementation activities with a settlements focus.
• Project Manage and implement CAISO Market Initiatives
• Develop requirements, settlement calculation design and testing, process improvement, and user acceptance testing with the mindset to streamline manual workaround and implementations.
• Provide CAISO market support and input on resources, data, testing, and environments to help build and develop implementation schedules.
• Ensure CAISO, FERC, CPUC, other regulatory entities’, and internal team requirements are understood and met.
• Develop cohesive trainings and materials to ensure the timely transition and subject understanding from pre to post initiative implementations for all internal teams affected.
• Work with internal and external stakeholder to develop and implement policies and procedures.
• Use SME knowledge, communication skills and experience to anticipate issues and take steps to mitigate negative impacts.
• Initiates and fosters all relationships crucial to support key business and special initiatives related to the job.
• Communicate and provide strategic recommendation to Leadership team.

Qualifications

Minimum:

• Bachelor’s degree in business-related field, engineering, environmental policy, or related equivalent work experience
• 5 years of relevant work experience
• Knowledge of CAISO settlement processes
• Excellent analytical skills

Desired:

• Master's degree desirable
• 3 years working in the Energy industry
• 3 years of work experience directly related to ISO/RTO settlements (specific to ISO)
• Understanding of Energy Procurement business
• Understanding of Energy Settlements

• Skilled in use of MS Word, Excel, PowerPoint
• Attention to detail/high level of organization
• Knowledge of SQL and/or VBA
• Business/Financial Acumen
• Strong communication skills (written and oral)
• Some LEAN, Six Sigma or other process improvement training
• Agile project management