Principal Auditor / Senior Auditor - Commodity Trading and Risk Management
Portland General Electric (PGE)
Location: Portland, Oregon
Type: Full Time
Salary: $85,500 - $169,875
Finance, Economics, Banking
4 Year Degree
Telecommuting is allowed.
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.
Are you ready to apply your audit, risk, and governance expertise towards Portland General Electric’s exciting and sustainable future? As Oregon’s largest electric utility, Portland General Electric is leading an energy transformation harnessing the power of clean and renewable resources. Our vision relies on three interrelated and overarching strategies: de-carbonize through investing in clean and reliable energy; modernize through a smarter more resilient grid; and empower our customers in their energy technology choices.
To help enable this transformation, we are seeking an experienced Principal Auditor or Senior Auditor to join our Internal Audit Services team that will be dedicated to the commodity trading and risk management areas of our business. To be a part of our integrated Internal Audit Services team encompassing technology, safety, and financial/operational specialists, we are looking for a candidate with demonstrated, exceptional verbal and written skills and risk acumen.
This position supports the Power Operations Group that engages in the wholesale trading of energy products. In this position, you will focus on delivering a risk-based audit plan that will involve all areas of the trading business activities, i.e., Front-Office (deal execution, scheduling), Middle-Office (transaction support, risk management) and Back-Office (Settlements).
You will report directly to the Internal Audit Services Director and work closely with the Internal Audit Services team and external subject-matter experts to develop, plan, and execute risk-based audits and consults to assess design and operational effectiveness, compliance with laws, regulations, policies, procedures, and standards. We are looking for someone with audit experience and experience in commodity trading and risk management. Experience in energy trading and risk management desired, but not required.
PGE supports career progression, and this role will be filled at the level commensurate with the successful candidate’s applicable skills and experience at either the Principal Auditor or Senior Auditor level.
Key Scope and Areas of Impact:
·Leads and performs the planning and fieldwork for audit and consultation engagements, gathering and analyzing information and data, performing complex research,?efficiently and effectively documenting work in support of reporting, and coordinating and reviewing the work of others.?
·Writes clear, concise, and progressive basic to complex audit and consultation reports making risk reduction and process improvement recommendations.
·Evaluates Power Operations trading and portfolio management activities to assess compliance with PGE’s trading risk policies and limits including, for example, assessment of the effectiveness of risk management controls, such as deal capture, confirmations, and risk reporting.
·Gathers and analyzes information, utilizing key client contacts for assessing enterprise risks, in support of the development of the annual audit plan and ongoing reporting to senior company leadership and the Audit and Risk Committee.
·Designs effective and efficient control test plans and performs control testing. ?
·Proactively engages with management on tracking and completing remediations and other solutions to resolve previously identified risks and process improvements.
·Performs a variety of individual and department administrative tasks and partners with teammates in the implementation and continuous improvement of department initiatives.
PGE supports hybrid flexible arrangements and will have a combination of working in-the-office and offsite. In addition, as of the time of this job posting, this role has the option to be remote in the following states: AZ, CA, CO, DC, ID, FL, GA, LA, MI, MO, MT, NC, NJ, NY, TX, WI.
$85,500.00 - $169,875.00
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.
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 firstname.lastname@example.org 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 email@example.com.
What You Will Bring to This Role:
·A bachelor’s degree in accounting, finance, engineering, economics, computer science, liberal arts or other related field or equivalent experience.
·Eight or more years (Principal Auditor) or five or more years (Senior Auditor) in internal auditing, public accounting, trading, risk management, or related functions.
·Professional licenses/certifications preferred and may be required within one year of obtaining position (CPA, CIA, CRMA, CFE, CFA).
·Experience leading and performing audit engagements (planning, fieldwork, reporting) along with a strong understanding and application of audit project management skills.
·Experience in energy trading and risk management is desired, but not required.
As Oregon’s largest electric utility, we’re proud to be on the forefront of decarbonizing the state and beyond. But we also live here and raise our families here. This community matters to us and has been a home we’ve taken care of for over a hundred years.