Strategic Asset Management Advisor

About the Role

We are seeking a Strategic Asset Management Advisor to join our team at Ontario Power Generation. As a key member of our asset management group, you will play a critical role in maximizing the profitability of investment decisions by operationalizing approved processes, developing new ones as required, and providing expert support for implementation across OPG.

This is an exciting opportunity to work in an environment where you will contribute to OPG's public outreach, engagement, and education efforts as part of the company's commitment to growing its social license.

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• Maintain processes, procedures, and tools in support of corporate Asset Management and Investment Management Framework and recommend enhancements for improving planning, programming, and investment decision processes across OPG.
  
• Provide business case assessment and post-project review capability. If necessary, facilitate multi-disciplinary teams in conducting reviews, such as comprehensive post-implementation reviews (PIR) on selective major projects.
  
• Provide advice and guidance in the application of the Asset Management and Investment Management Framework and monitor for compliance across OPG.
  
• Support manager to develop corporate-wide asset management and portfolio management process consistent with corporate strategies for the development of an integrated OPG strategic investment plan.
  
• Maintain internal lessons learned and best practices knowledge in support of investment decision framework.
  
• Apply excellent understanding of the ISO 55000 international standards on asset management to influence asset management program development.
  
• Maintain and keep current the corporate Investment Management Framework including processes, procedures, and supporting toolkits for Business Case Summaries, Post-Implementation Reviews, and Life Cycle Planning.
  
• Undertake independent comprehensive assessments, financial evaluations, investigations, analyses, and prepare reports, briefings/presentations, and recommendations on OPG projects and investment initiatives.
  
• Provide guidance in terms of past practice/precedent and new methods and approaches.
  
• Judgement is often required for analysis of data, synthesis of stakeholder inputs, and drawing of conclusions/recommendations based on known and unknown factors.
  
• May also involve visits to similar projects external to OPG for purposes of benchmarking results and exchanging key lessons learned.
  
• In the review of very complex projects, determine the need for and coordinate the efforts of external consultants and experts in specialized subject areas when necessary.
  
• Provide advice and guidance to line groups in Nuclear, EP, CIO, and Corporate Functions on the proper application of corporate Asset Management and Investment Management Framework procedures on planning, programming, and decision analysis methods.
  
• Monitor and take steps to ensure compliance with Asset Management and Investment Management Framework.
  
• Provide periodic reports to senior management on key results and lessons learned across OPG.
  
• Develop mitigation strategies and implement plans as necessary to ensure compliance and corporate requirements are met.
  
• Stay abreast of industry best practices and new technical methods and recommend alternatives for improving OPG investment processes.
  
• Provide advice on investment decisions and strategic initiatives, which have operational, financial, public relations, environmental, health, and/or safety implications. Provide expert technical direction in assigned area of expertise and responsibility.
  
• Consolidate in-flight project portfolio forecasts and forecasts of candidate projects. Integrate forecasts for business planning, including forecasts of capital expenditures, capital in-service amounts, project OM&A, and provision.
  
• Support asset management processes, including software tool configuration, governance, data maintenance, validation, and quality control checks, risk assessment, portfolio optimization, reporting, information sharing with key stakeholders, and addressing stakeholder feedback.
  
• Support project-related governance preparation, support & submissions, variance analysis, interrogatory, and other requests as necessary.
  
• Provide user training and rollout on Asset Management and Investment Management processes, procedures, and tools.
  
• Other Duties as Required.
  

To be successful in this role, you will require:

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• A 4-year University degree in Business, Commerce, Engineering, Economic, Finance, Accounting, or Actuarial Science.
  
• Professional Accounting or Certified Financial Designation or a PMP/MBA required.
  
• 6-8 years of demonstrated relevant hands-on experience.
  
• Experience gained a practical knowledge of electricity fundamentals, electrical industry, power system operation, and optimization, transmission, and interconnection systems, generation, and environmental technologies, market rules, market dynamics, market behaviors, and economic principles to support maximizing the profitability of OPG investment decisions.
  
• Experience acquired an understanding of engineering programs and standards, investment processes, and tools, programming, and planning processes.
  
• Experience in the use of analytical tools to prepare project and risk evaluations and assessment reports.
  
• Strong strategic and external focus to see the broad perspective of an issue and identify and analyze critical business issues.
  
• Experience with various analytic techniques, analysis practices, and methods and effectively integrate information from multiple sources and business perspectives.
  
• Highly developed interpersonal skills to obtain co-operation both inside and outside the company, and make persuasive and effective presentations to staff, senior management, and external audiences.
  

At OPG, we offer:

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• Exceptional range of opportunities province-wide.
  
• Long-term career growth and development opportunities.
  
• Electricity is vital to the province, and OPG's clean electricity is helping decarbonize other sectors.
  

The estimated annual salary for this position is between $145,000 - $175,000, depending on qualifications and experience. This figure includes pay-for-performance programs for annual and medium-term periods. Maintaining high performance culture and excellence is a core expectation of every member of our leadership team and is rewarded through the established compensation framework.

We offer a comprehensive benefits package, including:

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• A supportive work environment where you can be your best every day.
  
• Opportunities to stretch and develop.
  
• Different ways for you to give back to communities where we operate.
  
• Partner with Indigenous communities and support local businesses.
  
• Employment equity, diversity, and inclusion.
  

OPG is committed to employment equity and encourages applicants from equity-seeking communities (Indigenous Peoples, racialized persons, persons with disabilities, and women). Priority in hiring may be given to qualified persons who self-identify as a member of equity-seeking groups as identified in the application process.