Regulatory Affairs Policy Advisor

49637 - Toronto - Regular - Ongoing 

Hydro One is proud to be the largest electricity transmission and distribution provider in Ontario, serving nearly 1.4 million customers. We have a long history in the industry with our roots dating back over 110 years to 1906. Since then, we have worked to grow and evolve to meet the changing needs of our customers and communities across Ontario. Today, we’re focused on providing exceptional customer service and ensuring we are building safe communities where we live, work and play.

It’s an exciting time to join the team at Hydro One

This position will support internal policy development efforts related to advocating for regulatory changes that will enable Hydro One’s corporate strategy through:

• Conducting regulatory research to support internal policy development
• Coordinating drafting of individual submissions
• Monitoring and analyzing regulatory policy developments in Ontario
• Supporting overall governance of Strategic Policy Committee (SPC) work, including: Monitoring and reporting on internal policy development activities.
• Maintaining up-to-date progress reporting for leadership (e.g. SPC, ELT briefs, briefings for the Board of Directors)
• Preparing materials for SPC and Standing Policy Working Group (SPWG) (e.g. slides, briefs, meeting minutes, etc.)
• Facilitating internal policy development teams.
• Provide advice and guidance to Lines of Business relating to regulatory policies and strategies, implications and the appropriateness of various management processes and practices on policy application and interpretation.
• May be required to work on OEB regulatory proceedings and compliance on an ad-hoc basis in the development, filing and defending of regulatory proceedings (Written/oral) and work with staff within the Ontario Energy Board (OEB) to ensure the requirements of filings and compliance submissions are fully understood.

Job Description:

1. Support the development, approval and submission of regulatory and policy filings to regulatory agencies associated with revenue requirement, rate design, recovery of deferral accounts, regulatory reporting, asset sales and acquisitions and compliance issue/challenges.
2. Provide advice and guidance to Lines of Business relating to regulatory policies and strategies, implications and the appropriateness of various management processes and practices on policy application and interpretation.
3. Contribute to the development of strategies, tactics and positions for the Company to adopt related to regulatory and policy issues. Conduct risk assessments and business analysis to ensure the strategies, tactics and positions are based on well-founded business cases.
4. Work with expert staff to conduct the necessary business Analysis and prepare the regulatory and policy submissions required to successfully achieve the business objectives of Hydro One.
5. Support and develop the business relationships needed between Hydro One and the OEB, the IESO, and other utilities and industry associations to ensure Hydro One interests are understood and positions adopted, as appropriate. Develop and maintain a network of internal and external business associates including peers within the OEB, other utilities, industry associations and all key business units within Hydro One. Assist in negotiating positions which may be of a controversial nature convincing them to adopt a course of action to one which is aligned with the business objectives of the company and achieving efficient and favorable regulatory and policy outcomes.
6. Support the development of regulatory and policy submissions by Identifying the required deliverables and assist with planning, scheduling and assigning the required tasks. Prepare schedules of key tasks and deliverables, monitor progress of deliverables and related quality, update the schedules and provide recommendations for corrective action. Prepare and present reports outlining the status of the project and need for corrective actions.
7. Develop a budget for submissions, obtain the necessary approvals through the development of a business case and establish a cost control, approval and monitoring mechanism to ensure effective management of the budget. Prepare reports covering the financial status of project.
8. Provide advice to Supervisor on effectiveness of team members for future involvement in regulatory and policy matters.
9. Assist with the formulation of process improvements to streamline regulatory approvals by ensuring efficient processing of regulatory submissions.
10. Support the development of regulatory and policy-based special studies such as studies on Performance Based Regulation, Concepts for Cost Allocation and Rate Design, Regulatory efficiency.
11. Participate on OEB or IESO lead industry teams related with regulatory matters.
12. Establish a comprehensive understanding of all OEB and IESO related Legislation, Rules, Licenses and Codes and act as the subject matter expert within the company in specific areas, including providing interpretation and ensuring all the necessary processes and products are in place to ensure compliance.
13. Perform other duties as required.

Selection Criteria:

Education :

• Requires knowledge of financial concepts, economics, engineering, quantitative analysis, statistics in order to develop business strategies and business cases for presentations.
• Requires a good knowledge of English to develop effective written submissions and make effective presentations to internal and external committees and promote new strategic and policy options.
• Requires knowledge of computer applications for developing submission and presentations.
• This knowledge is considered to be normally acquired through the completion of 4 years of University training (Grade XII plus 5 years).

Experience :

• Requires experience in Finance, Asset Management, Field Operations or Engineering Services, including involvement with regulatory products issued by the OEB and IESO, such as the Market Rules, Transmission System Code, Distribution System Code, Affiliate Relationship Code.
• Requires experience in project management, conducting business analysis and developing business cases with internal and external staff and OEB/Industry and/or utility staff on external industry based initiatives.
• A period of over 8 years and up to and including 10 years is considered necessary to gain this experience.

At Hydro One we understand that the success and strength of our business rests with our people. When we develop their skills, we are investing in both their success and ours. To secure the best talent, we seek to create a workforce that reflects the diverse populations of the communities where we live and work and to create a culture based on safety, innovation and inclusiveness.

We are honoured to be recognized by Forbes in its list of Canada’s Best Employers for 2024.

Thank you for considering a career with Hydro One, we welcome applications from all qualified candidates. If you are having difficulty using our online application system and you need an accommodation due to a disability, please email careers@hydroone.com. Hydro One will provide reasonable accommodation for qualified individuals with disabilities in the job application process.

Please note this email is only for accommodation requests. Resumes sent to this email address will not be considered.

Deadline: June 10, 2024

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