At PGE, our work involves dreaming about, planning for, and realizing a smarter, cleaner, more enduring Oregon neighborhood. Its core to our DNA and we haven’t stopped since we started in 1888. We energize lives, strengthen communities and drive advancements in energy that promote social, economic and environmental progress. We’re always on the lookout for people passionate about leading and being a part of teams that are advancing innovative clean energy solutions that are also affordable and accessible to all.

Our vision at PGE is that together, with our customers, stakeholders and communities, we will lead the energy transformation by decarbonizing, electrifying and performing. This vision is embedded across all business units and across all roles at the company.

This role is available at either the Senior or Principal Level. Leveling and

specific responsibilities will be determined & potentially adjusted based upon the interview evaluation of the selected candidate.

Powering our mission, this Senior/Principal Originator will be a recognized expert focused on the acceleration of our region’s decarbonization goals to deliver emissions-free energy to customers. This will require collaboration with policymakers, stakeholders, customers and regional wholesale market participants as PGE positions itself to be a leader in delivering clean, affordable and reliable power in the region.

In this role, you will lead the development and execution of commercial and strategic approaches focused on reducing emissions in PGE’s energy supply portfolio, optimizing existing assets, ensuring we offer products that assist our customers on their decarbonization journey, all while delivering value for our shareholders. This will include structuring and negotiating complex agreements with counterparties that position PGE well to deliver on our decarbonization goals and requires the ability to solve unique and complex problems having a board impact on PGE’s business model.

What you will accomplish in the role:

• As the primary negotiator, lead teams to evaluate and negotiate large and complex transactions to acquire new energy resources, contracts and infrastructure; orchestrates the competitive bidding process and other procurement activities to acquire long-term resources; ensures that contract terms and conditions meet PGE's commercial, operational and risk-mitigation requirements.

• Serve as a project team lead to identify and assess the future of PGE’s energy supply, including evolving technologies that could impact price or viability in meeting Oregon’s decarbonization goals

• Orchestrate highly effective outbound marketing to develop positive commercial relationships and opportunities with counterparts in wholesale energy markets and renewable development; develop and execute bilateral partnerships, contracts and asset transactions

• Drive planning and oversight, research and analysis, procurement and negotiations, and execution of transactions that further decarbonization for PGE customers and in the Pacific Northwest.

• Lead efforts in developing long-term strategies around existing energy supply assets ranging from repower to retirement

• Represent PGE as an expert in market and at industry forums and conferences; represent PGE’s interests in regulatory and legislative proceedings.

Who you are and what you will bring to our team:

• You are adept at identifying complex market structures and offering innovative solutions

• You are energized by opportunities to work with key players in the regulatory/commercial space and influence outcomes in favor of climate goals

• You aspire to grow and expand your knowledge and approach challenges with a learning mindset

Job Function

Origination & Structuring Leads commercial and strategic approach for maximizing value and effectively managing risks associated with PGE’s power supply portfolio. Identifies and originates best opportunities for new resource procurement. Negotiates primary commercial agreements with resource developers. Develops models and market strategies to assess economic value and price risks inherent in complex transactions and negotiations across the enterprise. Independent engagement with PGE Senior Management regarding commercial updates and required internal governance actions.

Key Job Information

Senior Level

Specialist Professional:

• Requires specialized depth and/or breadth of expertise

• Interprets internal or external business issues and recommends best practices

• Solves complex problems; takes a broad perspective to identify innovative solutions

• Works independently, with guidance in only the most complex situations

• May lead functional teams or projects

Principal Level

Master Professional:

• Requires a recognized expert within the company

• Anticipates internal and or external business challenges, vendor and/or regulatory issues; recommends process, product or service improvements

• Solves unique and complex problems that have a broad impact on the business

• Progression to this level is restricted on the basis of business requirements

Key Responsibilities

New Energy Resources Contracting: As the primary negotiator, leads teams to evaluate and negotiate large and complex transactions to acquire new energy resources, contracts and infrastructure; orchestrates the competitive bidding process and other procurement activities to acquire long-term resources; ensures that contract terms and conditions meet PGE's commercial, operational and risk-mitigation requirements.

Market Analysis: Leads a team to identify and assess potential changing market dynamics or fundamental drivers that could impact price or availability of fuel and related assets; as a senior specialist, provides expert guidance regarding market changes and drivers.

Outbound Marketing: Orchestrates highly effective outbound marketing to develop positive commercial relationships and opportunities with counterparties in the resource development and wholesale energy markets; facilitates the exploration of new markets; develops and executes bilateral partnerships, contracts and asset transactions.

External Relations: Represents PGE as an expert in the wholesale markets and at industry forums and conferences; represents PGE’s interests in regulatory and rate case proceedings.

Education/Experience/Certifications

Senior Level:

Education: Requires a bachelor’s degree in business, finance, economics, computer science, mathematics, engineering or other related field or equivalent experience.

An MBA or MS in finance, economics or related financial discipline preferred.

Experience: Typically eight or more years in the energy industry or related field and/or related experience working autonomously making decisions in outbound facing tasks and delivering outcomes.

Principal Level

Education: Requires a bachelor’s degree in business, finance, economics, computer science, mathematics, engineering or other related field or equivalent experience.

An MBA or MS in finance, economics or related financial discipline preferred.

Experience: Typically, twelve or more years in the energy industry or related field and/or extensive related experience working autonomously making decisions in outbound facing tasks and delivering outcomes.

Competencies (Knowledge, Skills, Abilities)

Functional Competencies

Advanced knowledge of financial concepts, including options, swaps, futures, forward contracts and asset valuation methods

Advanced financial and risk modeling skills

Advanced skills in analyzing energy market conditions or trends

Advanced skills in promoting and selling products and services, including marketing strategy and tactics

Advanced skills in negotiating contracts

Advanced knowledge of financial concepts, including options, swaps, futures, forward contracts and asset valuation methods

Advanced entrepreneurial skills

Advanced financial and risk modeling skills

General Competencies

Advanced analytical thinking skills

Advanced business acumen

Advanced creativity and innovation skills

Advanced diplomacy skills

Advanced organization and prioritization skills

Advanced presentation/facilitation skills

Advanced problem-solving skills

Advanced risk management skills

Advanced written and oral presentation skills

Physical and Cognitive Demands

Cognitive Level

Substantial: Consistent use of logic or scientific thinking to define problems, collect information, establish facts and draw valid conclusions (for example, engineer, HR director, plant manager, etc.).

Cognitive

Ability to adhere to set response times, deadlines and time-sensitive tasks

Ability to follow accuracy standards

Ability to follow through on decision-making tasks

Ability to interact effectively and collaboratively within a team environment

Ability to communicate and problem solve when under stress

Ability to respond and adapt to frequent change

Ability to accept and demonstrate self-awareness when provided constructive feedback

Ability to discern feedback and acknowledge ownership of areas of improvement

Ability to avoid future mistakes by applying reasonable skills to new but similar work situations or tasks

Ability to successfully collaborate with peers, managers and others within the organization Demonstrates sound memory

Ability to process new information to be applied consistently to work tasks

Schedule/Attendance

Ability to work long hours Ability to work a variable schedule Ability to consistently meet attendance standards for regular, reliable, predictable, full-time attendance

Driving/travel/commute:

Daily within service territory - Frequently (at least twice a week or more in office)

Environment

• Office

Compensation Range:

$109,800.00 - $225,680.00

In addition, this position is eligible for a performance-based incentive bonus. Actual total compensation is commensurate with experience, skills, and education

PGE believes in rewarding dedicated performance. We provide a total rewards package that is designed to reward your contributions to the company, and, at the same time, support your well-being and professional development, both now and into the future. To find out more, click here (https://portlandgeneral.com/hrcs5511) .

Join us today and power your potential!

Assisting with storms or other Company emergencies is a part of all positions at Portland General Electric.

PGE is committed to diversity and inclusion in the workplace and is an equal opportunity employer. PGE will not discriminate against any employee or applicant for employment based on race, color, national origin, gender, gender identity, sexual orientation, age, religion, disability, protected veteran status, or other characteristics protected by law.

PGE does not discriminate on the basis of disability. We recognize individuals have a variety of abilities to offer and we believe there is much to value and celebrate by incorporating different abilities into the work we do. One very important way we live this out is in our application and interview process. We work hard to support individuals who may need an accommodation to fully participate in these processes. If you feel you may need an accommodation, or would like to request one, please notify the Talent Acquisition Specialist (Recruiter) associated with the job posting. You may also make this request by contacting talentacquisition@pgn.com or by calling 503-464-7250. The Recruiter will provide information and next steps for the accommodation process. Our Diversity, Equity & Inclusion (DEI) team is also available for support. You can contact them at dei@pgn.com .

To be considered for this position, please complete the following employment application by the posting close date. Posting closes at midnight (Pacific Time) on the closing date below. If no date is listed, job is open until filled.

At Portland General Electric, we’re innovators, builders, and achievers. We’re committed to powering our customers’ potential and making a difference for our community and the planet. Today, that commitment includes developing an intelligent and resilient electric grid, electrifying transportation and de-carbonizing the energy sector.

We’re proud to deliver an exceptional experience to help our customers thrive. Our mission is to make clean, reliable and affordable energy services available to all. We obsess over serving customers and are committed to growing employee career paths with purpose. Equity and inclusion are core business values; we celebrate our differences and are committed to developing teams that reflect the communities we serve.