Analyst Resource Acquisition

Independent Electricity System Operator (IESO); Toronto; On-site; CAD 1,000 - 140,000; Full time

Job summary

Independent Electricity System Operator (IESO) is seeking an Analyst, Reliability Services to support design and negotiation of reliability service contracts and future procurements for regulation services.

Role centers on Ontario’s evolving energy sector, balancing reliability, affordability, and sustainability through strategic contracting and market design. Your work will involve financial analysis, risk assessment, and complex stakeholder engagement.

Qualifications

• The knowledge required is typically gained through a 4-year university education or equivalent in a science, engineering, economics, math or business discipline.
• Experience of 4–6 years in analysis, procurement, contracting, financial analysis, energy markets, or related field is preferred.

Responsibilities

• Analyze technical and commercial issues related to procurement and policy initiatives.
• Perform cost estimation, return analysis, and risk assessment for contracts.
• Oversee procurement design and contract development for various procurement methods.
• Lead drafting of program rules, RFPs, and contracts with internal/external teams.
• Support procurement administration ensuring compliance with requirements.
• Engage with stakeholders across internal units and external partners.

Skills

Analytical skills

Excel proficiency

Financial analysis

Contract negotiation

Stakeholder engagement

Regulatory knowledge

Communication skills

Education

4-year university degree (science/engineering/economics/math/business)

Tools

Tableau

Job description

Date: August 10, 2026

Location: Toronto, ON

Requisition ID: 21202

Status: Regular

Business Unit: Power System Development

Grade/Band: MP2

Shift Work: No

Annual Pay Range: For standard 35-hour work week

Step 1: $97,708 to Step 10: $139,568

The successful candidate will be placed at the appropriate step within the salary grade/band, based on relevant years of experience and other applicable considerations.

Why join us?

The IESO is committed to ensuring Ontario’s electricity system meets the province’s needs today and into the future. We are charged with purpose, delivering reliable, affordable, and sustainable electricity for homes, businesses, and communities across the province. We are energized to grow, embracing opportunities to shape the future of a dynamic and evolving energy sector while advancing our careers. We are powered by teamwork, supported by diverse and passionate colleagues who foster respect, celebrate successes, and thrive on shared achievements. At the IESO, it’s not just what we do—it’s who we are!

Who We Are

Our central role includes managing the provincial power grid in real-time, overseeing and evolving Ontario’s electricity market, engaging with government, municipalities and Indigenous communities, and planning for Ontario’s future electricity needs. Our employees play a key role in driving grid innovation, protecting the system from threats, advancing the province’s energy conservation programs, and forecasting and procuring the electricity resources we’ll need in the decades to come.

This is a unionized position that falls within the Resource & System Adequacy Division of the Power System Development Business Unit.

What Makes This Role Exciting

The energy sector is rapidly evolving, offering exciting new opportunities for those who want to make a difference.

The Analyst, Reliability services will play a key role in supporting the design and negotiation of the IESO’s reliability services contracts, the development of future procurements for regulation services and any other procurements and programs that may be developed in the future to support evolving system needs.

This role is exciting because it sits at the centre of Ontario’s rapidly evolving energy sector, where decisions made today directly shape the reliability, affordability, and sustainability of the electricity system.

As an Analyst, Reliability Services, you’ll support high-impact procurement initiatives that bring new reliability services like frequency regulation, black start ands reactive power and voltage support to the grid operation. The role offers a rare blend of strategic influence, technical depth, and commercial innovation, with opportunities to work on complex, province-wide initiatives. You will collaborate with industry participants, legal advisors, consultants, and internal experts to develop innovative contracting solutions that secure critical reliability services for Ontario’s electricity system. This role provides unique exposure to reliability service contracting, commercial negotiations, market design, financial analysis, and procurement strategy, allowing you to directly influence how essential grid reliability services are acquired and delivered. For candidates interested in combining analytical, financial, contractual, and strategic work, this position offers a unique opportunity to help shape the future of Ontario’s electricity market while working on some of the sector’s most visible and impactful initiatives.

What You’ll Do

• Analysis –evaluate and solve technical and commercial issues associated with projects, including both procurement and policy initiatives
• Due Diligence – perform cost estimation (research, quotes, consultant reports), return analysis (financial modelling), and risk analysis (mitigate/contractually allocate risk)
• Procurement design – help oversee the design of procurement mechanisms, strategies and processes appropriate for the type of procurement (standard offer, auction, competitive RFP, negotiation) and the type of resource being sought
• Contract development – help lead the development of procurement documents, including program rules, request for proposals, and contracts. Help manage internal and external legal teams in drafting documents
• Procurement administration – implement procurement processes, ensuring that all obligations are fulfilled in accordance with procurement/contract requirements, culminating in successful execution of contracts, and, as needed, manage assigned contractual obligations
• Contract negotiations – support contract negotiations with counterparties, ensuring IESO and rate payer interests are upheld and IESO’s reputation and professionalism are maintained
• Support infrastructure – develop, manage, and enhance procurement initiative infrastructure, including procurement documents and reliability services website that will be used by the public to interact with IESO and as the main method of receiving reliability services content.
• Stakeholder relations – engage internally with various business units (e.g., Planning, Legal Affairs, Markets, System Operations and the Enabling Resources Program team); externally with Government and its agencies, such as the Ministry of Energy and Mines, and with external stakeholders
• External Resources – as required, source, secure and manage the work of external consultants (e.g., legal, economic, / technical, auditing, etc.)
• Team Efforts – participate in project teams comprised of IESO staff and external staff, as required
• Remain flexible and available to assist with other projects within the Department or in other IESO Departments
• Perform other duties as required

Role Requirements

Our team consists of experts from diverse backgrounds, each bringing their unique perspectives and skills.

To Succeed In This Role, You’ll Need

• Strong analytical and problem-solving skills, including experience working with databases, large datasets, and quantitative analysis to identify trends, develop insights, and support evidence-based decision-making.
• Advanced proficiency in Microsoft Excel and spreadsheet-based analysis, including complex formulas, pivot tables, financial modelling, scenario analysis, and data management techniques.
• Demonstrated financial and commercial acumen, including financial analysis, cost-benefit evaluation, risk assessment, and the assessment of procurement and contracting options.
• Strong writing and communication skills, including experience drafting and reviewing procurement documents, contracts, reports, presentations, and stakeholder-facing materials.
• Contract negotiation skills and the ability to support commercial discussions with counterparties and stakeholders.
• A sound understanding of competitive markets and the commercial drivers that influence participant behaviour; knowledge of Ontario electricity markets is considered an asset.
• Experience using business intelligence and data visualization tools such as Tableau is considered an asset.
• Experience developing and/or working with contracts related to complex energy, infrastructure, or commercial arrangements is an asset.
• Familiarity with Ontario electricity sector regulations, policies, and standards, or the ability to quickly develop regulatory expertise.
• Experience working within or alongside a regulated market environment is strongly preferred.
• Experience managing multiple workstreams, complex schedules, and competing priorities in a fast-paced environment.
• Strong stakeholder engagement skills, with the ability to work effectively with internal teams, government agencies, market participants, Indigenous communities, and other external stakeholders.
• Highly collaborative, adaptable, and comfortable working in a dynamic and evolving environment.
• Self-motivated with a strong sense of ownership, accountability, and commitment to delivering results.
• Strategic mindset with the ability to align recommendations and decisions with organizational objectives, market needs, and policy direction.
• High levels of judgment, professionalism, and discretion when working with commercially sensitive information.

The knowledge required for the job is considered to be normally acquired through the successful completion of a 4-year university education or the equivalent in a science, engineering, economics, math or business discipline.

The minimum level of experience required is 4-6 years of relevant experience, including experience in analysis, procurement, contracting, financial analysis, commercial evaluation, energy markets, or a related field.

How We Support You

From a comprehensive total rewards program to dynamic learning and development opportunities—including job rotations to broaden your expertise—we empower you to define and shape your own success. When you join the IESO, here’s what you can expect:

• Best-in-class benefits and long-term support in the form of a defined benefit pension plan.
• Work in a dynamic and evolving sector that offers exciting opportunities and the chance to explore new career paths.
• Leadership that values meaningful discussions, welcomes feedback, and prioritizes career development.
• A strong, inclusive culture and a collaborative team environment with a shared passion for impactful work.
• Compensation packages that are regularly reviewed to remain competitive and to best accommodate the diverse needs of our employees.

Deadline

August 24, 2026. For future reference, please save a copy of the job posting as it will no longer be available once the posting closes.

Thank you for your interest in a career at the IESO. Only candidates selected for an interview will be contacted. Please note that the successful candidate must be legally eligible to work in Canada and will be subject to applicable background checks.

IESO will not conduct interviews or offer positions via online, text, chat or social media platforms. We will not gather personal information directly from candidates or potential candidates. Selected candidates will work with our Talent Acquisition team to ensure their application is processed.

The IESO currently has a 3-day in-office work week for applicable roles. Over the course of 2026, the IESO will advance plans to acquire additional office space to accommodate more in-office time. While the timeline for moving to a full 5-day in-office model has not yet been established, we are committed to keeping employees and candidates informed as plans progress and give them as much advance notice as possible to prepare for any changes.

We believe in opportunities for everyone.

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’re proud to say we’ve been recognized as a supportive, inclusive employer.

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