Team Lead, Regulatory Compliance & Market Policy

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Opportunities, Growth, Job Satisfaction...Join the Hydro Team.

Newfoundland and Labrador Hydro is focused on delivering safe, reliable service to power our customers. We are a company of people who work hard behind the scenes for our customers, the people and businesses of this province. We pride ourselves on being strong and steady, tried and true; while innovating in our approaches to our business. We value our employees, we take care of each other, we recognize excellence, we respect individuality and we work hard to create an inclusive and welcoming workplace. People who work at Hydro feel like they're part of a community and we give back to the communities where we live and work to make them stronger. We're looking for passionate and performance focused people - people who want to make a difference for our customers and who share our values.

Team Lead, Regulatory Compliance & Market Policy
Competition #: NLH-NR-24-061
Status: Permanent
Location: St. John's

The Team Lead has overall accountability for managing the various and unique regulatory and compliance processes necessary for the Energy Marketing business to operate in each of its target markets. The incumbent will interface with internal and external stakeholders and will engage and lead external consulting engagements to ensure compliance with applicable regulations and related Energy Marketing contracts. The Team Lead will monitor developments in market policy in Energy Marketing's principal markets and take an active role in market advocacy and policy initiatives including energy market design and regulation, clean and renewable energy policy, and transmission tariffs.

Responsibilities:

• Manages and ensures adherence to all applicable regulatory requirements including (without limitation) US Market Based Rate Authority (MBR), export authorizations (both Canada and US), [NPCC and NERC Registrations,] and Wholesale Electricity Licences;
• Ensures adherence to covenants contained in various commercial documents and contractual agreements including (without limitation) Transmission Rights, ISO licences and Participation Agreements;
• Ensures all licences and permits are renewed or amended as required by ongoing and new market activity;
• Ensure compliance with prudential support requirements for new and ongoing market activities, including (without limitation) Transmission Rights Auctions;
• Ensure compliance with financial market requirements related to Energy Marketing activities;
• Maintains broad-based knowledge of current and proposed regulatory developments in current and emerging markets, and is accountable for planning and implementing necessary processes and procedures for compliance with changes in regulatory requirements, permits and licences, for planning and implementing policy initiatives and participation in market stakeholder proceedings;
• Procures and manages expert external advice in support of compliance and market advocacy activities in established and emerging markets;
• Prepares and manages the department's operating budget, specifically accounting for all compliance costs, and insures alignment with the line of business budgets;
• Develops and maintains positive relationships with counterparties;
• Maintains broad based knowledge of Market Rules, Open Access Tariffs, Congestion and Financial Rights Contracts, in Energy Marketing's core markets, and is accountable for ensuring ongoing compliance and identifying opportunities for market advocacy based on this knowledge;
• Participates in the corporate and departmental safety and health program including program promotion, safety and health meetings, accident / incident investigations and emergency preparedness; and participates in Hydro's other programs in support of Hydro's business goals in objectives;
• Maintains awareness of the corporation's environmental policy and guiding principles;
• Attends relevant industry conferences; and
• Performs other related duties as required or assigned.

Qualifications:

The incumbent possess a Bachelor's or Master's degree with a focus in business, economics or related area. The incumbent must also possess strong organizational and communication skills. A minimum of eight years of experience, with a strong analytical background. Knowledge and experience in the regulatory environment would be a definite asset.

CLOSING DATE: October 24, 2024

Newfoundland and Labrador Hydro manages our province's electricity system. We are a company of people who work hard behind the scenes because we know our customers are counting on us. Through our generation, transmission and distribution operations, we're committed to meeting the needs of our customers and providing residents, businesses and communities across the province with safe, reliable power. For more information, visit www.nlhydro.com.

Our company values diversity and inclusion in the workplace and encourages applications from diverse candidates, including women, Indigenous peoples, persons with disabilities and members of visible minorities.

Submit your application online. Please quote the competition number with your application. We thank all applicants for their interest; however, only those considered for an interview will be contacted.