Risk Analyst, Principal - OGO/Sacramento

Requisition ID # 172611 

Job Category: Compliance / Risk / Quality Assurance 

Job Level: Manager/Principal

Business Unit: Strategy & Growth

Work Type: Hybrid

Job Location: Oakland; Sacramento

Department Overview:

The Strategy and Growth functional area is dedicated to long-term strategic and infrastructure planning. With electricity demand expected to double over the next 15 years, we’re building an energy system of the future for the world’s fourth-largest economy. It includes Energy Policy and Procurement, Strategy and Innovation, Integrated Long-Term Planning, and the Commercial Growth Organization.

Position Summary:

The Risk Analyst is responsible for supporting the identification, assessment, and monitoring of regulatory and compliance-related risks for Electric Operations. This role maintains enterprise-aligned compliance risk registers, supports the implementation and effectiveness of compliance controls, and contributes to audit readiness activities across operational and regulatory domains. 

The incumbent collaborates with cross-functional stakeholders to evaluate compliance risks, support mitigation strategy development, and help sustain effective compliance practices. This individual serves as a subject matter expert on regulatory compliance frameworks and contributes to efforts that enhance operational readiness for audits, inspections, and regulatory reviews.

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 towards the middle or entry point of the range, the decision will be made on a case-by-case basis related to these factors.​

A reasonable salary range is:​

Bay Area Minimum: $​144,000.00

Bay Area Maximum: $​244,000.00

Responsibilities:

• Serves as a subject matter expert (SME) for operational / business risk and compliance strategy within assigned line of business. Leads risk assessment efforts across line of business. in accordance with PG&E standard practice.
• May own compliance risk register or collaborate with leadership on its development and maintenance. Oversees coordination of updates working with asset family stakeholders and risk champions.
• Provides process support, advice, and recommendations to ensure effective risk management within the business.
• Supports the identification, assessment, and monitoring of regulatory and compliance-related risks across federal and state requirements for Electric Operations. 
• Develops and enhances compliance risk management processes, tools, and metrics. 
• Works with line of business clients to develop, implement, and monitor appropriate risk and compliance mitigation activities and controls. 
• Partners with Internal Audit, Regulatory Affairs, subject matter experts, and enterprise risk functions to support compliance initiatives.
• Engages with industry groups and external stakeholders to stay informed on regulatory trends and best practices.
• Develops compelling business cases for or against specific courses of action related to electric risk regulatory risk.
• Recognizes and communicates internal and external developments that may impact risks.
• Leverages risk information to understand and challenge business decisions.
• Supports development of best practices in electric and regulatory risk management across line of business.
• Develops and coordinates the preparation of presentation materials for various levels of management, including executives.
• Coaches less experienced risk analysts.
• Participates in established risk management forums at the enterprise level.

Qualifications:

Minimum Qualifications:

• Bachelor’s degree or equivalent experience
• Ten years of experience in risk management, utility operations, and/or related field

Desired Qualifications:

• Engineering degree
• Certification in risk management, quality engineering, or safety engineering
• Master’s degree
• Extensive knowledge of risk analysis and assessment
• Knowledge of gas and/or electric operations business
• Strong communication skills for all levels of organization, both verbal and in writing
• Project management skills
• Ability to work across multiple functions and build strong working relationships
• Ability to facilitate decision-making
• Ability to synthesize complex issues into easy-to-understand concepts
• Ability to influence varying levels of leadership and collaborate with cross-functional teams
• Ability to manage multiple competing priorities to completion
• Ability to handle confidential and sensitive information
• Ability to engage appropriate SMEs in problem-solving teams
• Ability to multi-task and meet critical deadlines while delivering high quality work products