SDG&E is an innovative San Diego-based energy company that provides clean, safe and reliable energy to better the lives of the people it serves in San Diego and southern Orange counties. The company is committed to creating a sustainable future by providing its electricity from renewable sources; modernizing natural gas pipelines; accelerating the adoption of electric vehicles; supporting numerous non-profit partners; and, investing in innovative technologies to ensure the reliable operation of the region’s infrastructure for generations to come. SDG&E is a subsidiary of Sempra Energy (NYSE: SRE).
Our highly trained and responsive employees with their diverse skills, talents and ideas are the reason we can deliver on our commitment and are building America’s best energy company. They are also the reason why we have been recognized with the industry’s most coveted awards. Our employees undertake challenging work and receive highly competitive compensation and benefits. As one of the region’s largest employers, we’re always searching for talented and bright people to join our team. After all, it takes the best to build the best. Learn more about benefits HERE.
Diversity and inclusion are core values of SDG&E. Empowering our employees to be their whole selves at work is our competitive advantage. This is where new ideas come from and meaningful collaboration gets an authentic start. By bringing together people with different perspectives, diverse backgrounds and real commitment to their own individuality, we have built a stronger business. Learn more about our commitment to diversity and inclusion HERE.
Leads and manages the quantitative risk and credit and collection teams. In the role of quantitative risk, provides strategic leadership and regulatory support for several key Enterprise functions, including the Risk Assessment Mitigation Phase (RAMP) and Safety Model Assessment Proceeding (SMAP). The strategy and analysis created by this position allows business units to utilize consistent methods to incorporate risk management concepts into project and capital prioritization. Works with leadership to ensure that company priorities and values are considered in risk-informed decision-making. Provides risk assessment to various business units to assist decision making for new contracts and projects. Works with Asset Management and other business units to ensure proper usage and analysis of data. In the role of credit and collections, provide credit evaluation of potential business partners and projects. Works with various clients to ensure that prospective partners have adequate levels of collateral and other financial support. Provides credit analytics to various executive committees.
Duties and Responsibilities:
- Leads Quantitative Risk and Credit Analysis personnel. Regularly meet with teams, plan budgets, develop employees, ensure training and compliance goals are met, create strategic roadmaps for each group’s success, etc.
- Provides expert financial/credit analysis to other departments, such as Mass Market Collections and Supply Management. Presents recommendations to the department director and others in senior management. Supports various quantitative risk management and assessment initiatives, ranging from specific analytical work to strategic optimizations. Includes targeted work regarding Wildfire, Engineering, and Operations. Provides guidance to internal stakeholders on analysis and risk-related data requests. Continues development and socialization of Wildfire Next Generation System (WiNGS) and similar products.
- Ensures accurate reporting of credit and collection functions to various executive committees. Partner with Mass Market and Collections team with the focus on finding efficient methods of performing credit assessment of large customers.
- Provides strategic leadership to quantitative and analytical projects across enterprise. Works with Regulatory, Asset Management, and various leaders to continuously improve analytics related to project prioritization and general rate case concerns. Core team member on RAMP and SMAP regulatory proceedings. Creates and utilizes risk-informed analysis what impacts majority of company’s capital expenditures.
- Applies company-approved risk management tools and methodologies to provide customer and shareholder risk analysis, cash flow analysis and other key financial reporting data. Provides analysis and independent reporting of daily electric and gas procurement risk exposure in accordance with company policy. Continuously assess and monitor quantitative models and methods associated with the evaluation of physical and financial energy products, contracts, and services.
- Assists Energy Risk team with overall governance of Energy Risk controls, consistent with established market and credit policy (MACP), review proposals that improve Value at Risk analysis, provide backup support for their risk functions.
- Assists in annual Enterprise Risk Registry update, by providing expertise and guidance on metrics. Provides analytical support to risk scoring efforts, help scope and shape risk definitions. Supports discussion of risk metrics and various risk-based data updates.
- Performs other duties as assigned (no more than 5% of duties).
- Bachelor’s Degree Finance, economics, mathematics, or related field.
- Master’s Degree Business or economics.
- 8+ years – Business/finance/risk management experience within the energy field applying financial and quantitative assessment of portfolios.
- 8+ years – Experience in evaluation and preparation of complex financial analyses.
- 8+ years – Experience and deep knowledge in the quantification of risk and associated methodologies such as Cash flow mapping of transactions/positions, Monte Carlo, Diversified VaR, component VaR, Stress testing, and risk slides.
- Strong management, communication, and interpersonal skills required to provide leadership and educate stakeholders in technical and quantitative risk/control.
- Strong leadership, teambuilding, change management, negotiation, judgment, and motivational skills.
- Strong decision-making skills required to facilitate timely and effective management decisions required.
- Requires a solid understanding of current business issues, regulatory requirements and company policies and standards.
- Proficiency in business practices and project management applications, normally acquired through practical experience and education.
- Travel within San Diego and Los Angeles service territory required. Travel to CPUC offices in San Francisco required.
- Ability to work within a hybrid work environment.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, disability or protected veteran status.