Manager Market Risk & Analytics

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 Enterprise Risk Management team is looking for qualified candidates to fill an open  Manager Market Risk & Analytics  position! Specific details regarding the work arrangements for this position will be discussed in further detail during the interview process. Job Description

PSE’s Market Risk and Analytics team work closely with Energy Supply Trading and Acquisition teams to measure and mitigate risks associated with energy supply procurement and optimization.  As the manager of this team, you are responsible for identifying and assessing risks, developing metrics to monitor them, and maintaining positions and risk models that support PSE’s energy traders.      Responsibilities include reporting daily risk exposure and market analytics, collaborating with teams responsible for new asset acquisitions, ensuring completeness and accuracy of risks captured in positions, and developing valuation models for optimization of PSE’s assets. The market risk function has responsibility to track energy procurement and hedging activities to ensure performance is consistent with approved energy procurement plans and risk management mandates to ensure approved hedging activities for the natural gas and power portfolios are properly recorded, valued, and reported.   All PSE employees are expected to uphold the safety compliance standards inherent in PSE’s operating and/or field procedures related to work responsibilities and promote and support a culture of total safety. Additionally, employees need to demonstrate commitment to conduct business honestly, ethically and consistent with our core values and Code of Conduct. All duties are to be performed in accordance with all regulatory compliance obligations.  Job Responsibilities

Employee Safety, Development & Team Building - Provides employees with coaching, feedback, and developmental opportunities to build effective teams:

Demonstrates a passion for safety. Promotes and supports a culture of total safety including eliminating at-risk behaviors by conducting safety audits and inspections, eliminating hazards and near misses, and attending safety meetings. Sets clear expectations and holds employees accountable for performance as well as safety goals/targets where applicable. Oversees training and development of employees directly and indirectly managed and makes effective staffing decisions. Ensures required training is successfully completed. Challenges and inspires employees to achieve business results. Accountable to ensure employees adhere to legal and operational compliance requirements, as well as safety standards. Conducts and ensures the completion of performance reviews and development plans. Provides coaching, direction and leadership support to team members in order to achieve employee, business, customer and safety results.

Acts as the second line of defense in identifying, managing, and mitigating commercial risk to the organization. Drives process excellence, identifying bottlenecks in Risk processes. Ensures that error-checking is a natural part of all processes, so output is ‘Right First Time’. Continually improves analytical capabilities via internal and external networking and staying current on innovations in financial metrics and techniques. Anticipates and identifies areas of opportunity or inherent business risks evident in the data and develops commensurate action plans.  Assists in the development and enforcement of the requirements of PSE’s Risk Policy, Hedging Policy, and associated procedure manuals. Drives a vision for the team to aspire to and define a clear path to get there, with milestone achievement steps along the way. Actively manages resources & processes to