Regulatory Consultant / Senior Regulatory 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. Job Function Summary
Develops revenue requirement for general rate cases and ensures pricing structure reflects the rates the company is authorized to collect and that support company operations. Is an expert in the area of cost of capital with experience performing discounted cash flow analysis for regulated utilities. Provides advocacy at the Public Utility Commission in contested matters with multiple external stakeholders that have alternative (often adverse) policy goals and competing analyses. The advocacy includes providing testimony, comments, data responses and negotiating to settlements acceptable to the company. Undertakes compliance reporting to the regulator on a variety of issues. Develops, analyzes, revises and administers the company's retail tariff. Researches and compiles studies to assess the effectiveness of current tariff and regulatory approaches; when appropriate, develops proposals to change them. Provides internal regulatory consulting to other departments on strategy and tactics. Maintains relationships with regulators related to rate cases and other filings. Informs and executes regulatory strategy. Provides internal consulting on regulatory strategy and impacts on business matters. *There is 1 position available to fill however we can hire the successful candidate as either a Regulatory Consultant or a Senior Regulatory Analyst * Key Job Information
Regulatory Consultant
Requires specialized depth and/or breadth of expertise Interprets internal or external business issues and recommends best practice Solves complex problems; takes a broad perspective to identify innovative solutions Works independently, with guidance in only the most complex situations May lead functional teams or projects
Senior Regulatory Analyst
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 resource for colleagues with less experience Key Responsibilities
Regulatory Consultant Level Regulatory Analyses Performs discounted cash flow analysis and generally reviews and works closely with corporate finance regarding cost of capital and financial filings. Prepares and oversees complex tariff and regulatory filings; leads other analysts and provides management and other departments with extensive technical expertise, analyses and recommended strategies for complex and nonroutine problems in a specialty area or across multiple functions; independently writes, oversees and reviews the development of comments, testimony, exhibits, work papers and/or other documentation for regulatory proceedings Internal Consulting Provides technical solutions to complex and nonroutine business/regulatory matters; leads and mentors others in formulating alternative solutions for a range of complex business/regulatory problems; advises senior management Regulatory Strategy Provides leadership in the development of regulatory strategy; leads team in identifying industry and business changes and emerging customer interests to develop proactive regulatory strategies/tactics in collaboration with relevant functions (e.g., legal, government affairs, engineering); may service as a company witness Compliance Leads the development of compliance standards that reflect the needs of PGE and addresses identified risks and concerns; submits to management and senior leadership for review and approval External Interaction Advocates company interests on regulatory issues with customers, stakeholders and regulatory bodies; negotiates with regulatory staff and other interested parties to reach outcomes which advance company objectives; presents company proposals; cultivates and maintains professional relationships with regulatory staff and stakeholders
Senior Regulatory Analyst Level Regulatory Analyses Performs discounted cash flow analysis and generally reviews and works closely with corporate finance regarding cost of capital and financial filings. Applies overall understanding of the company's business operations to contribute to the company's regulatory approach and prepare regulatory filings; independently writes comments and testimony and develops exhibits, work papers and/or other documentation for regulatory proceedings; leads other analysts and provides management with technical expertise, analyses and recommended approaches in specialty area or on more complex issues Internal Consulting Formulates alternative solutions to complex business/regulatory problems that address requirements and advance the company's regulatory objectives, including impacts on earnings and customer relations; advises senior management Regulatory Strategy Contributes to the development of regulatory strategy; provides support and consultation to other departments and senior management to ensure that regulatory concepts, constraints and opportunities are understood and considered; conducts economic analysis and testimony drafting, including work papers; may serve as a company witness Compliance Provides oversight to junior analysts; reviews and evaluates the compliance process to determine if the organization is being responsive to the needs of PGE External Interaction Drafts responses to complex data requests; represents the department and company with customers, stakeholders and regulatory bodies on a range of issues; advocates company interests, negotiates for the company and presents company proposals; cultivates and maintains professional relationships with regulatory staff and stakeholders Education/Experience/Certifications
Regulatory Consultant Level Education Requires a bachelor's degree in engineering, economics, business or related field or equivalent experience Experience Typically eight or more years in related field.
Senior Regulatory Analyst Level Education Requires a bachelor's degree in engineering, economics, business or related field or equivalent experience Experience Typically five or more years in related field. Competencies (Knowledge, Skills, Abilities)
Regulatory Consultant Level Functional Competencies
Advanced knowledge of business, engineering and/or economics, financial modeling and ratemaking principles
Expert knowledge of financial and utility industry regulation, specifically cost of capital
Intermediate knowledge of electrical distribution, transmission and generation facilities General Competencies
Intermediate knowledge of enterprise/business awareness
Advanced decision-making skills
Advanced diplomacy skills
Advanced organization and prioritization skills
Advanced resiliency and adaptability skills
Senior Regulatory Analyst Level Functional Competencies
Advanced knowledge of business, engineering and/or economics, financial modeling and ratemaking principles
Advanced knowledge of financial and utility industry regulation, specifically cost of capital
Intermediate knowledge of electrical distribution, transmission and generation facilities General Competencies
Intermediate business-acumen skills
Intermediate problem-solving skills
Advanced written and oral communication skills
Intermediate analytical thinking skills
Intermediate organization and prioritization skills
Intermediate resiliency and adaptability skills Physical and Cognitive Demands
The following applies to both Levels 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 adhere to pre-established schedule
Ability to work long hours
Ability to work a variable schedule
Ability to report to work and perform work during periods of severe inclement weather
Ability to consistently meet attendance standards for regular, reliable, predictable, full-time attendance
Ability to work shift schedule Physical Capabilities Driving/travel/commute: Daily within service territory - Frequently (at least once a week or more) Computer use (use computer regularly for entire work shift) Environment - Indoor/Outdoor Office
Compensation Range:
$85,500.00 - $169,875.00
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. 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
or by calling
. 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
.
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. Recommended Skills Adaptability Analytical Business Awareness Coaching And Mentoring Corporate Finance Customer Relationship Management