New

Senior Power Structuring Analyst

Puget Sound Energy
life insurance, paid time off, paid holidays, 401(k), retirement plan
United States, Washington, Bellevue
Jan 29, 2025
Puget Sound Energy is looking to grow our community with top talented individuals like you! With our rapidly growing, award winning energy efficiency programs, our pathway to an exciting and innovative future is now. PSE'sEnergy Supply Merchantteam is looking for qualified candidates to fill anopenSenior Power Structuring Analystposition! Specific details regarding the work arrangements for this position will be discussed in further detail during the interview process. Job Description Puget Sound Energy (PSE) is looking for a Senior Power Structuring Analyst to be part of PSE's transformative mission. As we navigate toward a sustainable energy future, we're committed to achieving two crucial milestones: carbon-neutral power generation by 2030 and full transition to renewable and non-emitting energy sources by 2045. Our challenge is to meet these ambitious environmental targets while ensuring our customers continue to receive dependable power service. Upholds the safety compliance standards inherent in PSE's operating and/or field procedures related to work responsibilities. Promotes and supports a culture of total safety. Demonstrates commitment to conduct business honestly, ethically and consistent with our core values and Code of Conduct. Ensures duties are performed in accordance with all regulatory compliance obligations. Job Responsibilities Perform analytical support to the origination team including financial analysis, economic valuation of projects and PPAs and financial structuring. Collaborate with internal and external stakeholders to evaluate and continuously improve asset optimization, risk measurement and resource planning capabilities. Evaluate bids submitted to PSE Front Office voluntary RFPs. Work cross-functionally with teams across the organization including operations, trading, risk control, finance and regulatory. Forecast energy supply costs and prepare reports to support financial planning and regulatory filings. Maintain up-to-date knowledge of the region's energy supply resources and operations and understand the impact of external factors on energy availability and commodity prices. Support WUTC rate case filings by preparing testimony and responding to (and initiating) data requests from external stakeholders. Maintain knowledge of portfolio risk exposure methods and calculations including emerging techniques. Communicate the impact of new and potential transactions and asset acquisitions on the risk profile of the energy portfolio. Develop and maintain model documentation consistent with policies governing control over model inputs and outputs, data integrity, quality, and security. Perform ad hoc analysis and other duties as assigned. Minimum Qualifications Bachelor's degree in a relevant field. (Finance, Economics, Statistics, Engineering, or similar) Minimum 4 years work experience, preferably as a quantitative analyst in the energy industry Proficiency with quantitative methods and concepts including regression analysis, Monte Carlo simulations, scenario analysis, and stress testing Experience with financial analysis and familiarity with accounting principles Advanced skills in MS Office, especially Excel, including proficiency in writing macros and queries Excellent communication, writing, and presentation skills Self-starter with the ability to work effectively without direct supervision in a fast paced, stressful, and multitasking environment Desired Qualifications 8+ years of energy industry experience, preferably in an analyst role Master's Degree in a quantitative field Experience in western gas and power markets Familiarity with regulated utility rate cases and state regulatory agencies/public utility commissions Knowledge of portfolio risk management principles Hands on experience building and operating quantitative models Programming experience in Python, R, SQL, MATLAB, or similar Experience with production cost modeling software such as Plexos, Aurora, GenTrader, PROMO Additional Information At PSE we value and respect our employees and provide them opportunities to excel. We offer a competitive compensation and rewards package. The pay range for this position is$104,500.00-$174,100.00, and this position is eligible for annual goals based incentive bonuses. PSE offers a suite of benefits to our employees. Employees are eligible for medical, dental, vision, basic life, and short- and long-term disability insurance. There are additional voluntary options of supplemental life insurance, accidental death and dismemberment insurance, flexible spending accounts for health care and dependent daycare, and an Employee assistance program (EAP). For long term savings, PSE offers a 401(k) investment option and a cash balance retirement plan. Employees will also receive Paid Time Off (PTO) and Paid Holidays throughout the calendar year.Detailed benefit overviews can be found on our Career page - Why Work For Us (pse.com). Families and businesses depend on PSE to provide the energy they need to pursue their dreams. Our steadfast commitment to serving Washington communities with safe, dependable and efficient energy started in 1873. Today we're building the Northwest's energy future through efforts like our award winning energy efficiency programs and our leadership in renewable energy. Puget Sound Energy is committed to providing equal employment opportunity to all qualified applicants. We do not discriminate on the basis of race, color, religion, sex, national origin, age, sexual orientation, gender identity, marital status, veteran status or presence of a disability that with or without reasonable accommodation does not prevent performance of the essential functions of the job, or any other category prohibited by local, state or federal law. Should you have a disability that requires assistance and/or reasonable accommodation with the job application process, please contact the Human Resources Staffing department at jobs@pse.com or 425-462-3017.