Sr Analyst Compliance & Dispute Resolution

Sr Analyst Compliance & Dispute Resolution

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INDEPENDENT ELECTRICITY SYSTEM OPERATOR (IESO)

Requisition : 20475 Location: Toronto Status: Regular Business Unit: Market Assessment & Compliance

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.

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 Independent Electricity System Operator (IESO) has responsibility for enforcement of the Market Rules as part of its broad mandate to establish and govern markets in this space. The enforcement responsibility has been delegated to the IESO's Market Assessment and Compliance Division (MACD). Within MACD, the Market Assessment Unit (MAU) supports the Ontario Energy Board’s Market Surveillance Panel (MSP) with its mandate to assess the efficiency and competition of the market.

The MSP is an independent panel made up of experienced legal, market and economic experts. The MAU is seeking a Senior Analyst to join its team of analysts and economists in the area of market monitoring and assessment. The team works directly with the MSP, in support of their mandate. The team is also a member of a global body of market monitors in other deregulated electricity markets.

This is a tremendous opportunity to join a team in a quickly growing international area of economics.

Provide analytical focused direction and support to monitor, evaluate, and analyze the performance of the market and the conduct of its participants to identify the circumstances for further analysis or investigation. Undertake analysis to identify inappropriate or anomalous conduct by market participants, design and structural flaws and inefficiencies in the market. Prepare routine and ad-hoc reports detailing the results of the work and provide recommendations for remedial or subsequent actions.

Much of this work culminates in public reports of the MSP.

• Undertake complex evaluation and analysis and report on the performance of the IESO-administered markets and the conduct of participants within that market.
• Develop and maintain appropriate indices to support the monitoring of the market and the conduct of participants.
• Develop recommendations with respect to the design and structure of the market as well as potential new products and services, as required.
• Undertake and report on investigations in accordance with legislation, regulations and policies and procedures of the IESO.
• Contribute to the maintenance of all databases and apply statistical and programming knowledge to develop queries and data visualizations.
• 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.
• Work collaboratively with other members of the team to effectively implement the goals of the team within the context of the broader corporate direction.
• Provide expert advice as necessary to the Market Surveillance Panel.
• Perform other duties as may be required.

• A university degree in Engineering, Mathematics, Economics, or other relevant discipline is required. A curriculum or experience that includes exposure to energy systems, statistics or economic analysis is preferred.
• Experience in the electricity industry – requires…