Principal Risk & Compliance Analys Pacific Gas and Electric Company Location: California Catego[...]

Requisition ID# 159495

Department Overview

The Compliance Strategy and Governance department in Ethics, Risk, and Compliance sets and manages the compliance management standards and framework for the company. This includes providing governance, oversight, and tools to enable PG&E departments and coworkers to conduct business in compliance with applicable laws and regulations and to effectively manage compliance risk. Functional responsibilities of the team related to enterprise-wide ethics and compliance management include strategic development, standards development, support for all Functional Areas, oversight and validation, enterprise-level IT tool ownership, and enterprise governance and reporting. The department also partners with the Ethics and Risk teams to promote a culture of compliance and ethics where employees are enabled and inspired to act with integrity, speak up to raise concerns and comply with all legal and regulatory requirements, and mitigate risk.

Position Summary

The Risk and Compliance Analyst Principal role is focused on the development, execution, and oversight of enterprise-wide federal contract compliance management activities designed to increase program maturity and performance across PG&E. The role will be responsible for:

1. Managing and helping to provide assurance over the Federal Contract Compliance program, procedures and systems.
2. Acting in a consultative and oversight capacity as a business partner and Risk and Compliance expert to Functional Areas.
3. Understanding the general business environment and associated risks and compliance requirements of federal contracting across the enterprise, including federal grants and loans.
4. Identifying and assessing federal contract compliance requirements and operational risks, helping requirement owners develop controls and metrics and evaluate for effectiveness, evaluating control deficiencies, supporting the design of mitigating activities, and helping to facilitate and publish policies and standards, in line with compliance objectives and/or established risk management protocols.
5. Supporting a governance structure that enables Functional Areas, departments and coworkers to conduct business in compliance with applicable laws, regulations and policies related to federal contract compliance; and identify, manage and mitigate federal contract compliance risks that can affect the business.
6. Acting as an advocate for and helping train and engage employees and leaders throughout the company in federal contract risk and compliance to ensure understanding of compliance requirements, risk management principles and other needed items to support organization-wide awareness and facilitate LOB behaviors related to risk and compliance.

Major areas of responsibility typically include the following:

1. Compliance Management: Lead, implement, facilitate and provide assurance over Federal Contract compliance program to meet compliance requirements.
2. Design and implement federal contract compliance-related processes and activities such as intake of federal contract awards and modifications, System for Award Management certifications, regulatory requirements monitoring and change management, training for those working with federal government contracts, and monitoring of compliance with federal acquisition regulations.
3. Partner with Functional Areas to understand and document Federal contract compliance obligations and associated controls and business processes. Complete or coordinate compliance validation activities and control effectiveness testing activities. Assess and resolve complex control deficiency issues and ensure that remediation actions are effective. Assess and analyze complete regulatory requirement issues to determine impact and remediation efforts. Assess compliance risk and design control risk mitigation plans and support business implementation.
4. Track and report key compliance metrics.