Description
Primary Purpose:
Leads and manages the quantitative risk team. In the role of quantitative risk, provides strategic leadership and regulatory support for several key Enterprise functions, including the Risk Assessment Mitigation Phase (RAMP) and Safety Model Assessment Proceeding (SMAP). The strategy and analysis created by this position allows business units to utilize consistent methods to incorporate risk management concepts into project and capital prioritization. Works with leadership to ensure that company priorities and values are considered in risk-informed decision making. Provides risk assessment to various business units to assist decision making for new contracts and projects. Works with Asset Management and other business units to ensure proper usage and analysis of data.Duties and Responsibilities:
- Leads Quantitative Risk and Credit Analysis personnel. Regularly meets with teams, plans budgets, develops employees, ensures training and compliance goals are met, creates strategic roadmaps for each group's success, etc.
- Presents recommendations to the department director and others in senior management. Supports various quantitative risk management and assessment initiatives, ranging from specific analytical work to strategic optimizations. Includes targeted work regarding Wildfire, Engineering, and Operations. Provides guidance to internal stakeholders on analysis and risk-related data requests.
- Provides strategic leadership to quantitative and analytical projects across enterprise. Works with Regulatory, Asset Management, and various leaders to continuously improve analytics related to project prioritization and general rate case concerns. Core team member on RAMP and SMAP regulatory proceedings. Creates and utilizes risk-informed analysis what impacts majority of company's capital expenditures.
- Applies company-approved risk management tools and methodologies to provide customer and shareholder risk analysis, cash flow analysis and other key financial reporting data. Provides analysis and independent reporting of daily electric and gas procurement risk exposure in accordance with company policy.
- Assists Energy Risk team with overall governance of Energy Risk controls, consistent with established market and credit policy (MACP), review proposals that improve Value at Risk analysis, provide backup support for their risk functions.
- Assists in annual Enterprise Risk Registry update, by providing expertise and guidance on metrics. Provides analytical support to risk scoring efforts, help scope and shape risk definitions. Supports discussion of risk metrics and various risk-based data updates.
- Performs other duties as assigned (no more than 5% of duties).
Qualifications
Hybrid Schedule:
- Although the schedule may vary, typically this will allow the employee to work onsite three days per week and remotely on the remaining workdays.
- Must reside in Southern California or be willing to relocate upon hire.
Required Qualifications:
- Bachelor's Degree Finance, economics, mathematics, or related field.
- Master's Degree in Business or economics.
- 8+ years Business/finance/risk management experience within the energy field applying financial and quantitative assessment of portfolios.
- 8+ years experience in evaluation and preparation of complex financial analyses.
- 8+ years experience and deep knowledge in the quantification of risk and associated methodologies such as Cash flow mapping of transactions/positions, Monte Carlo, Diversified VaR, component VaR, Stress testing, and risk slides.
- Strong management, communication, and interpersonal skills required to provide leadership and educate stakeholders in technical and quantitative risk/control.
- Strong leadership, teambuilding, change management, negotiation, judgment, and motivational skills.
- Strong decision-making skills required to facilitate timely and effective management decisions required.
- Requires a solid understanding of current business issues, regulatory requirements and company policies and standards.
- Proficiency in business practices and project management applications, normally acquired through practical experience and education.
- Travel within San Diego and Los Angeles service territory required. Travel to CPUC offices in San Francisco.
Contact
San Diego Gas & Electric
8326 Century Park Ct
San Diego
California United States
www.sdge.com
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