Senior Analyst, Compliance - Oakville, Canada - Independent Electricity System Operator (IESO)

Description

INDEPENDENT ELECTRICITY SYSTEM OPERATOR (IESO)

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 Analyst, Compliance & Dispute Resolution will implement the corporate framework for monitoring, documenting, investigating and promoting market participant compliance with the Market Rules, regulations, standards, policies and procedures governing the market place. The Senior Analyst will undertake investigations of allegations of non-compliance and breaches of the Market Rules by participants. This includes the collection of data, communicating and/or meeting with the participant(s). A key responsibility of this role is to determine and recommend to senior management the sanctions, if any, to be applied, and to implement decisions of senior management with respect to the penalty or sanction resulting from an investigation.

The Senior Analyst also initiates and responds to disputes, playing an essential role in supporting the Dispute Resolution Process. This includes the collection of data, communicating and/or meeting with the participant(s) and/or the Dispute Resolution Panel and staff internal to the IESO, seeking legal opinions, etc.

What you'll do

• Review reports of non-compliance; propose courses of action and work with IESO line personnel and Market Participants, as required.
• Undertake investigations of alleged breaches in the Market Rules by Market Participants and examine and report on alleged breaches by the IESO as reported by external parties.
• Determine the type of sanctionable behaviour and the level of penalty or sanction to be applied to alleged/actual breaches in the Market Rules and make recommendations accordingly.
• Implement the decisions of Senior Management with respect to the penalty or sanction resulting from an investigation.
• Notify Participant(s) of the results of investigations, and inform others of any decision, as per the procedures.
• Contribute to the maintenance of all databases.
• Initiate/respond to a dispute, as required, including filing and serving/responding to a notice of dispute and summary thereof.
• Provide support as required to dispute resolution process.
• Implement procedures to safeguard the confidentiality of data from or about Market Participants.
• Undertake the development and delivery of internal and external training packages, as required.
• Respond to Client Support inquiries by providing written procedural instructions, technical advice, guidance, and/or training, as appropriate.
• Provide other IESO staff with guidance regarding the appropriate use and interpretation of information produced by, or related to, compliance monitoring and dispute resolution processes.
• Work collaboratively with other members of the team to effectively implement the goals of the team within the context of the broader corporate direction.
• Perform other duties as may be required.

What you need to succeed

• 4 years of university education in an appropriate field, or demonstrated equivalent
• Academic training in business, commerce, economics, accounting audit, law or engineering to understand and apply the technical/economic legislative parameters governing the energy industry and market place
• Good written and oral communication skills, in order to prepare reports, develop documentation and communicate effectively with all contacts
• Experience in methods of discovery and/or investigation and/or audit, which involves application of analytical, reasoning and negotiating skills
• Knowledge of the legislative parameters governing the Ontario electricity marketplace
• Significant knowledge and understanding of the design of the IESO administered markets
• Operations/planning experience in electrical industry, power system operations/planning, finance, regulatory and/or enforcement activities or audit
• Experience working independently and/or leading major projects with minimal supervision or guidance
• Ability to apply knowledge and superior judgment in identifying instances of non-compliance and in assessing applications for waivers

A period of over 8 years 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: April 28, 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 Oakville location.

Join our talent community

Sign up for 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.

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