Quantitative Risk Manager (Hybrid Schedule)

SDG&E is not just an energy company, we are the architects of a brighter, cleaner future. Our employees power everyday life for 3.7 million people - bringing the energy to support their passions, ambitions, and the heartbeat of our community.

We call Southern California our home. It's where we chase our dreams and raise our families. That's why the people who live here deserve an energy company unlike any other, and that's why every day, SDG&E employees strive to be at the forefront of innovations to reduce emissions, modernize the electric grid, and enable our customers to make the transition to clean technologies. We're redefining sustainability, advancing zero-emissions solutions, and driving the electric vehicle revolution.

It takes the best to build the best - join us!

Primary Purpose:

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.
• Provide 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. Support various quantitative risk management and assessment initiatives, ranging from specific analytical work to strategic optimizations. Includes targeted work regarding Wildfire, Engineering, and Operations. Provide guidance to internal stakeholders on analysis and risk-related data requests. Continue development and socialization of Wildfire Next Generation System (WiNGS) and similar products.
• Ensure 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.
• Provide strategic leadership to quantitative and analytical projects across enterprise. Work 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. Create and utilize risk-informed analysis what impacts majority of company's capital expenditures.
• Apply company-approved risk management tools and methodologies to provide customer and shareholder risk analysis, cash flow analysis and other key financial reporting data. Provide 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.
• Assist 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.
• Assist in annual Enterprise Risk Registry update, by providing expertise and guidance on metrics. Provide analytical support to risk scoring efforts, help scope and shape risk definitions. Support discussion of risk metrics and various risk-based data updates.
• Performs other duties as assigned (no more than 5% of duties).

Hybrid Schedule:

• Although the schedule may vary, typically this will allow the employee to work onsite three days per week and remotely on the remaining workdays.
• Must reside in Southern California or be willing to relocate upon hire.

Required Qualifications:

• Bachelor's Degree Finance, economics, mathematics, or related field
• 8+ years - Business/finance/risk management experience 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.

Preferred Qualifications:

• Master's Degree Business or Economics

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.