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Assistant Analyst, Reliability Standards Compliance
3 months ago
**Assistant Analyst, Reliability Standards Compliance**:
**Date**:May 28, 2024
**Location**: CA
**Company**:Independent Electricity System Operator
**INDEPENDENT ELECTRICITY SYSTEM OPERATOR (IESO)**
**Requisition ID**:
- 19710**Location**:
- Oakville - Hybrid**Status**:
- Regular**Business Unit**:
- Market Assessment & Compliance**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**
Occasional travel may be required.
**What you’ll do**
- Assist in conducting monitoring activities, such as compliance audits as well as investigations of potential non-compliance with the Market Rules and Reliability Standards.
- Assist in conducting major investigations of possible breaches of the General Conduct Rule, encompassing major market manipulation, exploitation, and deceptive and anti-competitive market conduct.
- Assist in the preparation of formal Notices to Market Participants and the IESO, as applicable, ensuring that all MACD’s Market Rules-based requirements and obligations are met.
- Conduct evidence gathering, analysis and develop queries, to support these activities and write reports as required..
- Assist in implementing processes affording investigation and audit targets the opportunity to present views and representations to the VP of MACD.
- Work as part of a multi-disciplinary team, including economists, lawyers, and engineers, to support drafting investigation and audit reports making recommendations regarding possible violations of the Market Rules and Reliability Standards.
- Support in assessing the impact of investigated conduct on market outcomes and grid reliability. Support the investigation team in making recommendations regarding applicable sanctions in respect of possible breaches of the Market Rules and Reliability Standards.
- Assist in presenting findings and recommendations to support the VP of MACD's consideration of enforcement rulings, determinations and orders.
- Conduct analysis and daily monitoring to assess the performance of the IESO-administered markets and grid, and the conduct of market participants; prepare reports, as required.
- Coordinate with other MACD line units, staff and contractors in respect of mandated market monitoring, complaint intake, whistleblower referrals and other detection methods, for the purpose of identifying possible breaches of the Market Rules and Reliability Standards.
- Support the IESO’s dispute resolution process, as it pertains to disputes arising specifically from MACD enforcement determinations and orders.
**What you need to succeed**
**Required**
- Academic background in engineering, economics, finance or business at a level to understand the technical/economic/legislative parameters governing the energy industry, the IESO-administered markets and the IESO-controlled grid.
- Good written and oral communication skills, in order to prepare reports, develop process documents, and communicate effectively with all contacts at various levels of authority involved in accomplishing the work objectives.
This knowledge is considered to be normally acquired either through the successful completion of 4 years of university education in Engineering, or by demonstrating an equivalent level of knowledge through work or related experience.
- Some experience in conducting compliance audits, investigation of strategic behaviour in emerging competitive markets, which involves having good analytical and reasoning skills.
- Exposure to system and market operation practices and procedures, including legislation, resource utilization and system control techniques.
- Experience conducting statistical and/or analytical assessments and evaluations, particularly.
- Knowledge of the legislative and regulatory parameters governing the Ontario electricity marketplace.
- Some experience with data collection, transformation, aggregation and analysis.
- Some understanding and experience with one or more programming languages and computer system interfaces.
A period of over 4 years, up to and including 6 years is typically
