Contracts Analyst - Senior/Principal Financial Risk Analyst

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. The Contracts Analyst

is responsible for

supporting the full contract lifecycle, including drafting, reviewing, analyzing, negotiating, and managing contracts to ensure compliance with company policies, legal requirements, and business

objectives . This role partners closely with

Structuring and Origination, Front Office Trading,

Legal, Procurement, Finance, Risk

Management

, and business stakeholders to mitigate contractual risks and support operational efficiency.

This position is open to

two P-levels :

• Senior Financial Risk Analyst (Grade 7 / P3 – Career Professional)
• and

Principal Financial Risk Analyst (Grade 8 / P4 – Specialist Professional)
.

The level at which an offer is made will be

determined

based on the selected candidate’s qualifications, skills, and experience.

Job Overview

The addition of a Contracts Analyst is critical to support increasing contractual complexity, regulatory requirements, and operational demands across energy trading, settlements, and

contracts

functions. This role will reduce financial risk, improve contract lifecycle efficiency, and strengthen compliance—particularly in preparation for evolving market structures such as EDAM.

Drafted, analyzed, and redlined NDAs, MSAs, and SOWs while ensuring alignment with legal standards and commercial

objectives
. Ability to read, interpret, and analyze contracts for risk and compliance.
Identify unfavorable or non-standard terms.
Understand clause interaction and downstream impacts.
Summarize contract terms and provide recommendations to stakeholders
 .
This role supports

power wholesale market

management by

identifying

and analyzing potential

contractual risks,

strong

knowledge

and familiarity with master agreements ,

e nsur ing

contracts

comply with

applicable laws, regulations, and internal policies
.

Support regulatory, audit, and risk management reviews

and m onitor changes in

contract related

policies or standards .

Protect

s

the organization’s financial, legal, operational, and reputation interests
.

Key Responsibilities

• Responsibilities for this role are
• determined
• by P-level and are outlined separately below.
• Responsibilities – Senior Financial Risk Analyst (Grade 7 / P3)

Compliance

and

Risk Management

Ensure contracts

• comply with
• applicable laws, regulations, and internal policies
• Support regulatory, audit, and risk management reviews
• Monitor changes in contract related policies or standards

Contracts

Terms

Coordinate the

• negotiation of
• contracts
• terms with vendors and counterparties (including guarantees, letters of
• contracts ,
• contracts
• support annex, etc.).

Enterprise Risk Management

Develops

• contract
• risk definitions; works with management to design, implement and sustain an effective risk management program and coordinates efforts across the organization to ensure alignment with program
• objectives .

Risk Analysis

• Conducts analyses and develops reports across complex data sets requiring unique/new analysis approaches; develops reports
• containing
• recommendations for management and works with internal clients to implement approved recommendations.
• Design and implement controls for contract accuracy and settlement alignment.
• Support SOX controls including contract review,
• approval
• workflows, and documentation.
• Ensure segregation of duties and proper approval authority in contract execution.

Regulatory Analyses

Evaluates contracts to ensure compliance with applicable laws, regulations, and regulatory expectations throughout the contract lifecycle.

Data Management Tools

Leads increasing efficiency of business processes (automated and manual) and data gathering/processing for analysis and reporting purposes.

Contracts Management

• Maintains, makes recommendations for improvement and updates
• contracts
• policies, procedures and scoring matrices; trains others in
• contract s review and
• analysis; performs
• contracts risk
• analyses; makes recommendations to management on
• appropriate actions ; negotiates and prepares letters of
• agreements .
• Responsibilities – Principal Financial Risk Analyst (Grade 8 / P4)

Contracts

Risk Assessment

Leveraging the analysis of others, identifies broad risks to the company and leads the development and implementation of recommended mitigation strategies; establishes and maintains department's operating plans and budgets related to specific mitigation strategies; works, leads, and/or coordinates work with outside specialists and effectively leads/teaches others how to interpret and perform complex analysis.

Contracts

Terms

• Provides oversight/leadership to team on negotiating
• contracts
• terms with vendors and counterparties (including guarantees, letters of
• agreements ,
• contracts
• support annex, etc.).

Enterprise Risk Management

• Develops common definitions of risk for the entire organization; works with executive management to design, implement and sustain an effective risk management framework and program and coordinates efforts across the organization to ensure alignment with program
• objectives ; reports out to executive
• senior
• leadership and Board of Directors.

Risk Analysis

• Leads analyses and report development for companywide risk analysis assessments;
• leads
• analyses, reporting and implementation of counterparty/vendor
• contracts
• review and risk mitigation .

Regulatory Analyses

E valuat es

contracts to ensure compliance with applicable laws, regulations, and regulatory expectations throughout the contract lifecycle.

Data Management Tools

Serves as an expert resource in the organization's risk management tools.

Contracts Management

• Serves as an expert resource
• and consultant
• in the organization on how to analyze
• contracts
• risk and develop
• contracts
• risk mitigation
• strategies ; maintains, makes recommendations for improvement, and updates corporate
• contracts
• policies, procedures and scoring matrices; trains others in
• contracts review and
• analysis ; performs
• contracts
• analyses and makes recommendations to management on appropriate actions; negotiates and prepares letters
• of agreements .

Education / Experience / Certifications

Education

Requires a bachelor’s degree in accounting/finance/economics /legal studies

or other related field or equivalent experience.

Experience

P3

Typically

five or more years in related field

P4

Typically

eight or more years in related field

Minimum

Competencies

Functional Competencies

Proficiency

by level:

• P3: Advanced
• P4: Advanced
• Advanced knowledge of risk management concepts including
• disputes
• and litigation ,
• n on-compliant data privacy clauses ,
• m issing governing law or
• jurisdiction ,
• p oorly defined service levels (SLAs) ,
• and i nvalid limitation of liability .
• Advanced financial modeling skills and experience using Microsoft Excel

General Competencies

Proficiency

by level:

• P3: Intermediate to Advanced
• P4: Advanced

Enterprise/business acumen

Decision-making skills

Written and oral communication skills

Negotiation and diplomacy skills

Organization and prioritization skills

Analytical thinking skills

Physical, Schedule/Attendance, and Cognitive Demands

• The following requirements apply to both P-levels of this position.
• Driving/travel/commute: Daily within service territory - Frequently
• (at least once a week or more)
• Driving/travel/commute: Overnight inside/outside the service territory - Occasionally
• (one to two times a m