IGP Portfolio Owner, Principal
Requisition ID # 170882
Job Category: Engineering / Science
Job Level: Manager/Principal
Business Unit: Strategy & Growth
Work Type: Hybrid
Job Location: Oakland; Alameda; Alta; American Canyon; Angels Camp; Antioch; Auberry; Auburn; Avenal; Avila Beach; Bakersfield; Balch Camp; Bay Point; Bear Valley; Belden; Bellota; Belmont; Benicia; Berkeley; Brentwood; Brisbane; Buellton; Burney; Buttonwillow; Calistoga; Campbell; Canyon Dam; Canyondam; Capitola; Caruthers; Chico; Clearlake; Clovis; Coalinga; Colusa; Concord; Concord; Corcoran; Cottonwood; Cupertino; Daly City; Danville; Davis; Dinuba; Downieville; Dublin; Emeryville; Eureka; Fairfield; Folsom; Fort Bragg; Fortuna; Fremont; French Camp; Fresno; Fresno; Fulton; Garberville; Geyserville; Gilroy; Goodyear; Grass Valley; Guerneville; Half Moon Bay; Hayward; Hinkley; Hollister; Holt; Houston; Huron; Jackson; Kerman; King City; Lakeport; Lemoore; Lincoln; Linden; Livermore; Lodi; Loomis; Los Banos; Lower Lake; Madera; Magalia; Manteca; Manton; Mariposa; Martell; Marysville; Maxwell; Menlo Park; Merced; Meridian; Millbrae; Milpitas; Modesto; Monterey; Montgomery Creek; Morgan Hill; Morro Bay; Moss Landing; Mountain View; Napa; Needles; Newark; Newman; Novato; Oakdale; Oakhurst; Oakley; Olema; Orinda; Orland; Oroville; Palo Alto; Palo Cedro; Paradise; Parkwood; Paso Robles; Petaluma; Pioneer; Pismo Beach; Pittsburg; Placerville; Pleasant Hill; Point Arena; Potter Valley; Quincy; Rancho Cordova; Red Bluff; Redding; Richmond; Ridgecrest; Rio Vista; Rocklin; Roseville; Round Mountain; Sacramento; Salida; Salinas; San Bruno; San Carlos; San Francisco; San Francisco; San Jose; San Luis Obispo; San Mateo; San Rafael; San Ramon; San Ramon; Sanger; Santa Cruz; Santa Maria; Santa Nella; Santa Rosa; Selma; Shaver Lake; Sonoma; Sonora; South San Francisco; Springville; Stockton; Storrie; Taft; Tracy; Turlock; Twain; Ukiah; Vacaville; Vallejo; Walnut Creek; Wasco; Watsonville; West Sacramento; Wheatland; Whitmore; Willits; Willow Creek; Willows; Windsor; Winters; Woodland; Yuba City
Department Overview
The Integrated Grid Planning (IGP) Program develops multi year optimized investment plans for the Electric organization by integrating system needs, solution options, cost, execution considerations, and enterprise risk. IGP partners closely with Asset Strategy, Engineering, Finance, Operations, and Regulatory teams to ensure that investment portfolios deliver the greatest value to customers within real world constraints.
Position Summary
The Principal, IGP Portfolio Owner is a senior individual contributor role with enterprise level accountability for shaping, governing, and optimizing one or more Integrated Grid Planning (IGP) investment portfolios. This role owns portfolio outcomes, not just analysis or process, and is responsible for ensuring that multiyear investment decisions are value-driven, risk-informed, affordable, and executable.
Operating with significant autonomy, the Principal Portfolio Owner serves as a trusted advisor to senior leadership, translating complex system needs, risk tradeoffs, and strategic objectives into clear, decision ready portfolio recommendations that guide PG&E’s long-term electric investments.
This position is hybrid, working from your remote office and your assigned work location based on business need. The assigned work location will be within the PG&E Service Territory. Position will report to Oakland or Pleasanton twice a week or as needed.
PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job. The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity. Although we estimate the successful candidate hired into this role will be placed towards the middle or entry point of the range, the decision will be made on a case-by-case basis related to these factors.
Bay Minimum: $159,000
Bay Maximum: $271,000
&/OR
CA Minimum: $151,000
CA Maximum: $257,000
This job is also eligible to participate in PG&E’s discretionary incentive compensation programs.
Job Responsibilities
- Portfolio Ownership & Strategic Accountability
- Serve as the single accountable owner for assigned IGP portfolio(s), with responsibility for scope, value proposition, risk posture, and strategic alignment
- Define and maintain portfolio investment logic, trade offs, and decision rationale across planning horizons
- Ensure portfolios directly support enterprise outcomes, regulatory expectations, and affordability objectives
- Investment Strategy & Optimization Leadership
- Lead development of multi-year, outcome-driven, constraint-based investment portfolios
- Guide prioritization decisions by integrating system needs, risk severity, cost, timing, and execution feasibility
- Partner with IGP Solutions, Engineering, and Strategy teams to shape value models and optimization approaches
- Lead development of multi-year, outcome-driven, constraint-based investment portfolios
- Guide prioritization decisions by integrating system needs, risk severity, cost, timing, and execution feasibility
- Partner with IGP Solutions, Engineering, and Strategy teams to shape value models and optimization approaches
- Governance, Decision Support & Communication
- Provide decision quality insights to senior leaders, including portfolio sensitivities, risks, and tradeoffs
- Support portfolio governance processes and ensure transparency, traceability, and defensibility of decisions
- Translate complex technical and financial concepts into clear executive level narratives
- Thought Leadership & Capability Building
- Contribute to the evolution of IGP portfolio frameworks, prioritization methods, and planning maturity
- Identify systemic gaps in tools, data, or processes and partner with IGP teams to address them
- Serve as a mentor and subject matter expert for portfolio thinking across IGP
Qualifications
Minimum:
- Bachelors Degree in electrical engineering or equivalent experience
- Experience with grid modeling software (e.g. CYMDIST, PSLF, Aspen, etc.)
- Experience in electric utility, 10 years
Desired:
- Masters Degree in Business Administration or job-related discipline or equivalent experience
- Experience in electric investment portfolio management, capital planning, or large-scale infrastructure planning, 10 years
- Familiarity with portfolio or investment planning platforms (e.g., Copperleaf or similar tools)
- Experience working across strategy, engineering, finance, and operations in a matrixed environment
- Proven ability to operate as a senior individual contributor with enterprise impact
- Experience with data processing tools such as Excel, Access, SQL, etc.