Senior Program Manager, Market Initiatives and Settlements

1 month ago

Oakland, United States tapwage Full time

Requisition ID # 156638

Job Category: Project / Program Management

Job Level: Individual Contributor

Business Unit: Energy Policy & Procurement

Work Type: Hybrid

Job Location: Oakland

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 settlements.

Position Summary

The Senior Program Manager will leverage the understanding of the energy business, energy markets, the regulatory and utility environment to ensure successful market implementations from the start of policy discussion/development through settlement process. The Senior Program Manager will work on CAISO market initiatives implementation with a focus on settlement aspects.

This position will provide policy and settlement supports thus requires an in-depth understanding of the energy markets, particularly the CAISO market, compliance with business process rules and policies established by the California Public Utilities Commission (CPUC), the CAISO, and related information and processes. The Senior Program Manager will lead the implementation of CAISO initiatives by working cross-functionally with EPP internal and external stakeholders, therefore, developing and maintaining key relationships with internal and external stakeholders, having excellent written and oral communication skills, an aptitude for critical thinking, and strong detail orientation are crucial to be successful in this role.

This position is hybrid, working from your remote office and your assigned work location based on business need. The preferred work 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. Although we estimate the successful candidate hired into this role will be placed between the entry point and the middle of the range, the decision will be made on a case-by-case basis related to these factors. This job is also eligible to participate in PG&E’s discretionary incentive compensation programs.

A reasonable salary range is:

Bay Area Minimum: $102,000

Bay Area Maximum: $162,000

Job Responsibilities

- Lead the implementation of CAISO market initiatives by employing an extensive knowledge and thorough understanding of the energy industry to understand the impacts to PG&E rate payers through energy settlement processes, including but not limited to providing settlements test scenarios and participating in market simulations.
- Identifies any potential settlement risk factors by participating in policy discussions and developments, and to take steps to mitigate them.
- Develop requirements, settlement calculation design and testing, process improvement, and user acceptance testing with the mindset to streamline manual workaround and implementations.
- Actively provide market support, feedback, communicate issues and input on resources, data, testing, and environments to help build and develop implementation schedules in partnership with CAISO.
- Ensure CAISO, FERC, CPUC, other regulatory entities and internal team requirements are understood and met, and to document the processes, issues, during the entirety of the implementation process
- Develop cohesive trainings and materials to ensure timely transition and subject understanding from pre to post initiative implementations for all internal teams affected.
- Work with internal and external stakeholders to develop and implement policies and procedures.
- Initiate and foster all relationships crucial to support key business and successful market initiatives implementation.

Qualifications

Minimum:

- Bachelor's degree in business-related field, math, finance, economics, accounting, engineering, or related equivalent work experience
- 6 years of relevant work experience
- Analytical skills

Desired:

- Master's degree desirable
- Knowledge of CAISO settlement processes
- Working experience in the Energy industry
- Working 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, SharePoint
- 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

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