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Energy Risk Management Analyst

Date:  Mar 30, 2021
Job ID:  1367

Bellevue, WA, US, 98004

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's Energy Supply Merchant team is looking for qualified candidates to fill an open Energy Risk Management Analyst position!

Job Description

Puget Sound Energy’s Power Cost & Analytics Department is looking for an Energy Risk Management Analyst to join our team.


This position works collaboratively with the team to produce, analyze, and report forecasts of power cost and the power cost adjustment (PCA) mechanism.  Provides support and documentation of power cost forecasts for rate filings, internal financial plans and external reporting requirements. This position models the company’s asset portfolio, monitors and reports performance metrics to support trading and hedging operations, and performs related analytical functions as needed.


Job Responsibilities

  • Compiles data and assumptions related to energy supply for use in quantitative models.
  • Produce power cost forecasts, maintains and runs production cost models.
  • Provides analytical support for the company’s expert witness in regulatory.
  • Supports development of expert testimony for regulatory proceedings.
  • Calculates power cost related disclosures for accounting, financial reporting and regulatory requirements.
  • Interacts with and work closely with financial planning, energy accounting, regulatory group, financial reporting, contracts group, gas & power supply operations, resource planning and efficiency group on a regular basis to keep up to date on current events and issues surrounding power resources and regulations.
  • Provides ad hoc analyses as required.
  • Performs other duties as assigned.

Minimum Qualifications

  • BA/BS degree in Business, Finance, Economics or Accounting or equivalent experience may be substituted.
  • Utility industry finance/accounting experience.
  • Independent thinker with strong problem solving skills.
  • Good communication skills.
  • Strong organizational skills.
  • Strong skills in: Excel, COGNOS, SAP & Access.

Desired Qualifications

  • Modeling experience using AURORA, Plexos or other production cost models.
  • Skills using Power BI and PowerPoint.
  • Programming experience in Python or Visual Basic.
  • Graduate degree in Business, Finance, Economics or Accounting.

Additional Information

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.


At PSE we value and respect our employees and provide them opportunities to excel. We offer an expansive pay package that includes competitive compensation, annual goals-based incentive bonuses, comprehensive benefits, 401(K), a company paid retirement pension plan, and an employee assistance and wellness program.


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.

Nearest Major Market: Seattle
Nearest Secondary Market: Bellevue