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Senior Advisor, Regulatory Research

2 months ago


Toronto, Ontario, Canada Independent Electricity System Operator (IESO) Full time

INDEPENDENT ELECTRICITY SYSTEM OPERATOR (IESO)

Requisition ID: Location: Toronto - Hybrid Status: Temporary - up to 24 months Business Unit: Legal Resources & Corporate Governance

Why join us?

You've got great skills. And you want to use them in an organization where you know what you do every day matters. We get that.
We also know that ensuring Ontarians have access to affordable and reliable power doesn't happen by accident. So we give you the tools, flexibility and support you need to achieve your goals, and development opportunities to help you grow. You'll thrive in a collaborative, team-based environment that values your unique skills and experiences - and recognizes that when you do better, we become even better too.

Who we are

The Independent Electricity System Operator (IESO) works at the centre of the province's power system, ensuring Ontarians have access to reliable and cost-effective electricity when and where they need it. We operate the province's electricity grid 24/7, design, run and oversee the wholesale electricity markets, and plan and prepare to meet Ontario's electricity needs - now and into the future.

The opportunity
The Senior Advisor, Regulatory Research will lead development of IESO strategic positions related to the regulation of the electricity sector including on cross-cutting topics such as gas-electricity coordination, the future role of local distribution companies, and other topics in support IESO priority initiatives. The Senior Advisor also provides regulatory research, support, and information to other groups internally.

Under the direction of the Supervisor, Regulatory Research and Analysis, the Senior Advisor represents the IESO in regulatory forums and shares accountability for the development and recommendation of IESO submissions in policy consultations and regulatory proceedings (e.g. LDC/Enbridge rate applications, leave to construct applications among others). The Senior Advisor brings awareness to staff across the IESO of regulatory matters that may impact them, provides direction on how to proceed, and manages IESO interactions with the various regulatory bodies, including the OEB, NERC, FERC and the NEB.

The Senior Advisor will play a key role in providing thought leadership in Regulatory Affairs through research and analysis of regulatory developments, as well as the continuous development of broader energy industry expertise. This position is well-suited for an individual who has a passion for advancing the IESO's mission and strategic direction with strong analytical, presentational, and writing skills.

What you'll do

  • Keep abreast of industry developments, government policy, regulatory proceedings, and marketplace developments in Ontario and other jurisdictions and determine appropriate actions, regulatory interventions, and/or positions under evolving regulatory and policy changes.
  • Flag potential areas of interest or concern for the IESO, providing recommendations to mitigate any risks to the IESO, attending hearings and stakeholder sessions, and proactively disseminating information to relevant client groups
  • Conduct studies and analyses in support of the regulatory objectives of the IESO, including analyses of strategic options, research, or special projects.
  • Lead IESO appearances and develop IESO submissions for regulatory proceedings and policy initiatives of significance to the IESO in Ontario, Canada, and the United States, in coordination with other departments as required
  • Manage regulatory projects to ensure the submission of materials in accordance with established timelines and guidelines
  • Provide advice on regulatory matters and serve as a regulatory Subject Matter Expert on IESO initiatives
  • Manage relationships with team members, colleagues, other departments and stakeholders to ensure information is shared, issues are resolved, and an outcome that is desirable to the IESO is achieved
  • Develop and maintain relationships and alliances with inter-jurisdictional institutions, such as the Canadian Electricity Association and the ISO/RTO Council, and with the OEB and other regulatory institutions, such as the National Energy Board, the Federal Energy Regulatory Commission (FERC), and the North American Electric Reliability Corporation (NERC)
  • Prepare and manage the development of IESO evidence in other entities' rate cases, leave-to-construct applications, distribution plans and other applications, providing recommendations as required to the Supervisor
  • Prepare comments and materials on relevant codes, rate orders and licenses, providing recommendations as required to the Supervisor
  • Provide periodic/limited supervision to other delegated staff to assist on certain projects or studies
  • Undertake Company business on "away from home" trips as required.
  • Perform other regulatory duties as required including:
    • Monitor the IESO's timely compliance with its regulatory obligations and responsibilities, ensuring pertinent licenses, permits and applicable market rules are adhered to and reporting and record keeping requirements are maintained
    • Manage the IESO's annual fee submission to the OEB including taking a lead role in the design of IESO fees, the development of evidence and the preparation of related submissions to the OEB, providing recommendations as required to the Senior Manager, Regulatory Affairs
    • Conduct analyses and assess risks and uncertainties around IESO revenues and fees and recommend actions to mitigate these risks

What you need to succeed

  • Knowledge of power system fundamentals and understanding of the underlying fundamentals of the electricity sector.
  • Knowledge of economics and corporate financial policies to carry out economic evaluations and to compare alternatives and assess results
  • Knowledge of technical writing for preparation and presentation of standards, procedures, specifications, reports, and public participation programs

This knowledge is considered to be normally acquired through the completion of 4 years of University training.

  • Experience in understanding electricity sector restructuring, drivers for restructuring, and trends elsewhere
  • Experience in rate or tariff design principles
  • Knowledge of Ontario's electricity restructuring and roles of various participants
  • Experience to be familiar with the operation of power systems, load demands and system characteristics, and dealing with customers and suppliers
  • Experience in carrying out financial evaluations and business risk assessments
  • Experience to be familiar with the scope and responsibilities of the position, organization and operation of related work groups, public participation programs, procedures, practices, and facilities

A period of over 8 years and up to and including 10 years is considered necessary to gain this experience.

What's in it for you

  • A comprehensive total rewards program, including best-in-class benefits and a flexible workplace
  • A challenging, fast-paced and collaborative team environment, where your perspectives and experiences matter
  • Leaders who support your growth and success through regular feedback and coaching
  • The opportunity to work with some of the brightest minds in the industry

Deadline: September 13, 2024

For future reference, please ensure to save a copy of the job description as it will no longer be available once the posting closes.

At the IESO, we know that achieving great results depends on embracing diversity by attracting, developing and retaining people from a wide variety of backgrounds. We do this by ensuring our recruitment and advancement policies are fair and equitable, and by creating an accessible and inclusive environment - one that values every team member's unique skills and experiences and ensures they have the support they need to achieve their potential. If you require accommodation during the recruitment process, please let us know.

We thank you for your interest in a career at the IESO, but we will only contact those candidates selected for an interview.

Note: The successful candidate must be eligible to work in Canada and will be subject to a background check.

The IESO offers a hybrid work model program to most of our employees, based on business needs. Individuals participating in the program can work an average of three days per week remotely within Ontario. It also offers three flex weeks when individuals can work remotely within Ontario. When working in the office, you will be located at our Toronto location.

Join our talent community

Sign up for our talent community: stay in touch, find out about new opportunities - and discover how you can make a difference. Discover how we use our expertise and commitment to deliver reliable and affordable electricity to Ontario's businesses and communities, and how we're innovating to secure a stronger energy future for all Ontarians. Visit Careers at IESO and be sure to follow us on LinkedIn.

Find out why we were selected as Greater Toronto's Top 2024 Employers, and what we offer.