November 25, 2024
Electric Energy Jobs

Principal Asset Management Analyst

Organization:
Portland General Electric Company
Region:
Canada, Oregon, Portland
End of contest:
January 30, 2025
Type:
Full time
Category:
Accounting/finance
Description

Summary

The Asset Management Planning (AMP) Team uses a variety of analytical and statistical techniques to support a data driven and risk-based methodology that provides insight and guidance for PGE's transmission, substation, distribution, and generation assets. The AMP Team identifies, evaluates, and recommends risk-based and reliability improvement capital and operating investments, while serving as subject matter experts (SME) for asset management within PGE. 

Core activities and areas of focus for the AMP Team include but are not limited to development & implementation of Asset Management Strategies and Plans, business case evaluation, benefits articulation, development of corporate risk, reliability & resilience goals, and support the prioritization of capital investment portfolios. 

The Asset Management Analyst role is responsible for leading efforts in development of AMP's economic life cycle models and business cases analyses. The responsibility for this position is complex in nature and require a clear understanding of economic principles, high analytical acumen, and strong modeling capabilities. A wide range of projects and topics will be presented in this role including opportunities to develop long-term investment strategies, improve and/or create new business processes, efficiencies, and solutions.

This position will work closely with stakeholders across the Generation, Substation, Distribution & Transmission organizations, the AMP Strategy Integrators, and Portfolio Management. The individual in this role will collaborate with subject matter experts to understand a range of factors that impact the performance of PGE's assets in service to our customers and evaluate opportunities improve reliability. Interaction with peer utilities and outside agencies, such as the Oregon Public Utility Commission, may also necessary. 

Career Level Summary:

Principal:

  • Requires specialized depth and/or breadth of expertise

  • Interprets internal or external business issues and recommends best practices

  • 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 project

Responsibilities

  • Specializes in strategic analytics to support Asset Management economic risk modeling, business case evaluation and long-term investment strategy decisions. 

  • Economic life-cycle model development and maintenance. 

  • Lead the collaboration with team members & subject matter experts to develop, maintain, and recommend improvements to the economic life cycle models and tools. Lead the quality assurance and quality control for the economic life cycle models and tools 

  • Analysis and subject matter expertise 

  • Lead analysis of economic life cycle model outputs to evaluate and recommend asset management investment to support near-term and long-term PGE's strategic objectives. 

  • Lead and complete complex life cycle cost and risk analyses to support project investment decisions, which may include replacement, rejuvenation, maintenance, and other strategic activities.  

  • Lead efforts to develop and perform business case evaluations & portfolio scenarios outlining investment benefits impacting system & customer reliability, safety, compliance, and operational efficiencies. 

  • Lead the calculating & reporting of project and portfolio benefits metrics. 

  • Serve as an Asset Management & technical economic risk analyses subject matter expert. 

  • Be a lead contributor to regulatory & compliance filings, as required. Ensures personal technical work product meets all analytical and procedural requirements, including Oregon Public Utilities Commission (OPUC) and other state and federal requirements.

Education/Experience/Certifications

  • Requires a bachelor's degree in business, economics, engineering or related financial or scientific discipline or equivalent experience

  • Principal: Typically, eight or more years in utility or similar energy sector experience in the area(s) of engineering, power operations, economic forecasting, accounting, finance or regulatory affairs or a related field or equivalent combination of education and experience.

Knowledge, skills and abilities

  • Expertise in performing and/or strong understanding of the following: 

    • Generation, Substation, Transmission and/or Distribution operations and asset management practices. 

    • Life-cycle costing 

    • Benefit cost and net present value analysis. 

    • Implementation / development of economic models. 

    • Risk/Probability Analysis/Probability Distributions. Calculating expected value and future outcomes. 

  • Self-starter with excellent analytical, problem-solving, and decision-making skills.

  • Expert in Excel, specifically experience in manipulating large datasets and reviewing complex formulas. 

  • Excellent ability to collaboratively work with project team and cross-functional team members to apply skills and techniques to solve dynamic problems

  • Excellent written and verbal communication skills.

Read the full posting.

Contact

Portland General Electric Company

121 SW Salmon St

Portland

Oregon United States

www.portlandgeneral.com