Contract, Regulatory Analytics Specialist

6 months ago

Toronto, Canada Toronto Hydro Full time

**WORK ILLUSTRATION**:
The incumbent is expected to behave ethically and follow the established code of business conduct, policies and internal control procedures, laws and regulations governing Toronto Hydro.

**_Toronto Hydro has implemented a mandatory vaccination requirement for all its employees. Proof of full vaccination will be required upon receiving a conditional offer of employment. Toronto Hydro will provide reasonable accommodation to individuals who cannot be vaccinated due to disability or any other ground protected by the Ontario Human Rights Code._**

**KEY RESPONSIBILITIES**:

- Conducts analysis and studies using research and data skills, identifies opportunities and improvements in regulatory analytics areas such as load and customer forecasting, rate design, rate implementation, rates policy for evolving forecasting models as inputs to budget, planning, and for preparation of rate filing evidence and regulatory submissions (e.g.: Ontario Energy Board (OEB) consultations on rate design)
- Produces distribution revenue forecast by utilizing and assessing different forecasting methodologies including simple and multivariate linear regression modelling.
- Completes various type of added value data analysis, including distribution revenue variance, regulatory reporting analysis and benchmarking studies.
- Gathers, analyzes and reports data to internal and external agencies (e.g.: Regulatory filings, budgets, external driven survey and data requests, etc.) to maintain regulatory compliance
- Performs monthly wholesale settlement processes (IESO invoices, NUG data, RESOP/FIT/MFIT data) as required by the IESO Market rules and as an input into monthly financial reporting
- Reviews, configures and implements new rates - distribution, commodity, regulatory - as determined by the OEB or other regulatory bodies (i.e. Ministry of Energy, Independent Electricity System Operator) in Toronto Hydro’s billing system to bill customers in a timely and accurate fashion.
- Maintains and updates reports and databases required by department for use in financial reporting and for internal/external agencies

**REQUIREMENTS**:

- Bachelors degree in relevant financial or technical field (e.g. Economics, Business Administration, Engineering, Finance)
- Five (5) years of experience in data analytics, quantitative research, modelling
- Knowledge of statistical modelling and regression analysis (i.e.: economic forecast modelling) is strongly preferred
- Experience in energy, utilities, electricity or power industry, or with a highly regulated business is preferred
- Strong skills in research, analytical and information management analysis, meaningful data interpretation and problem-solving ability
- Knowledge of distribution rate-making fundamentals is preferred (consideration for other rate regulated industries)
- Knowledge and understanding of financial and operating consequences of regulatory rules, policies and proposals.
- Excellent qualitative and quantitative analytical/critical thinking skills to identify and solve a wide range of business problems
- Project management skills
- Strong spreadsheet and numerical skills
- Good verbal and written communication skills
- Ability to research, understand and interpret external regulations or supporting materials produced by regulatory bodies (i.e. OEB).
- Advanced ability to evaluate and resolve complex regulatory and issues due to extensive knowledge of related regulatory requirements
- Ability to influence, lead and manage stakeholder relationships

Toronto Hydro has introduced a Hybrid Work Arrangement. This position allows for remote work up to three days per week, based on business needs. Employees will be required to come onsite on those days when they are involved in activities that they or their leader feel are better conducted in person. You are expected to live in Ontario and within reasonable commuting distance of the office. #LI-Hybrid

**Job Segment**:Compliance, Law, Project Manager, Analytics, Data Analyst, Legal, Technology, Management, Data

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