Sr. Specialist Regulatory Compliance

Capital Power; Edmonton; Hybrid; CAD 75,000 - 105,000; Full time

Job summary

An established industry player is seeking a Senior Specialist in Regulatory Compliance to drive compliance excellence across North America. In this pivotal role, you will ensure adherence to market rules and energy tariffs while collaborating with diverse teams and engaging with regulators. You'll monitor compliance requirements, provide guidance on regulatory impacts, and develop operational procedures. This dynamic position offers a unique opportunity to contribute to a lower-carbon future in a safe and inclusive work environment. If you are passionate about compliance and want to make a meaningful impact, this role is perfect for you.

Benefits

Flexible employee benefits

Retirement savings

Paid time off programs

Comprehensive onboarding and training

Referral reward program

Qualifications

• 6+ years in regulated electricity/utility industry with regulatory compliance experience.
• Strong knowledge of electricity market rules in Canada and the U.S.

Responsibilities

• Monitor compliance with market rules and regulations across North America.
• Develop operational procedures and provide compliance guidance to teams.
• Engage with regulators on compliance-related matters and resolve violations.

Skills

Problem-solving

Team collaboration

Project management

Communication skills

Organizational skills

Regulatory compliance knowledge

Time management

Independent judgement

Education

Post-secondary Degree in Economics

Post-secondary Degree in Business

Post-secondary Degree in Business Law

Tools

Allegro

Excel

Job description

A little about Capital Power

Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power. This north star guides our ambitions, focus, and actions as we transform our energy system to power a lower-carbon future. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America.

Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment, and we live by our North Star. With us, your contributions matter – we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America!

Your Opportunity

One Permanent Full Time Position.

Are you passionate about driving compliance excellence across North America? Join Capital Power as a Senior Specialist, Regulatory Compliance, where you'll ensure adherence to market rules, energy tariffs, and real-time operations, while collaborating with diverse teams and engaging with regulators. This could be the perfect role for you!

The Senior Specialist, Regulatory Compliance supports the management of Capital Power’s Market Compliance Internal Program across our operations and activities in North America. Specific compliance program accountabilities and oversight include ISO market rules, energy market tariffs, real-time operations requirements, and energy commodity trading monitoring and guidance.

You will contribute to our team by:

• Monitoring various federal, provincial, state, and local laws and regulations, ensuring that applicable changes to compliance requirements are identified and implemented.
• Providing guidance on impacts resulting from changes to compliance requirements.
• Serving as a subject matter for Capital Power business areas on current rules & standards and ensuring the purpose and applicability of obligations to various business areas is well understood.
• Monitoring risk triggers and making recommendations on changes to the Regulatory Compliance Program to minimize compliance risks, as appropriate.
• Providing key input into the compliance strategy throughout the areas of trading compliance, ISO market rules, and real-time operations.
• Gathering feedback from internal subject matter experts, as required, and working with management to rollout new requirements to internal stakeholders.
• Developing operational procedures and providing advice on technical rules to various counterparties, including, but not limited to, Operations, Real-Time Operations, Commercial, and Trading including material and resources for training and education purposes.
• Engaging internal collaborators to ensure compliance requirements are well-documented, understood and communicated.
• Undertaking investigations on suspected non-compliance events, including root cause analysis, providing recommendations on resolving non-compliance events, developing mitigation and implementing plans to prevent future occurrences and communicating mitigation steps to regulators.
• Engaging with internal stakeholders to support new and changing business needs and regulatory requirements though the provision of advice and program enhancements.
• Serving as a point of contact for regulators to resolve compliance violations and working directly with the Sr. Lead – Regulatory Compliance to negotiate settlements on contraventions, as required.
• Collaborating with the Sr. Lead - Regulatory Compliance on inquiries from regulatory bodies, placing the highest priority on such inquiries.
• Collaborating with the Sr. Lead - Regulatory Compliance on implementing changes to monitoring activities, including the implementation and administration of a Compliance monitoring system.
• Engaging regularly with regulators on compliance-related matters.

What will you bring to the role:

Education:

• Post-secondary Degree in Economics, Business, or Business Law or relevant field.
• Education equivalency may be considered.

Experience:

• 6+ years of experience within a regulated electricity/utility industry, with some experience in regulatory compliance, market operations, or system operation.
• Sound knowledge of provincial electricity market rules & regulations across Canada and the U.S.

Technical Skills:

• Ability to exercise independent judgement, excellent problem-solving skills, and ability to effectively prioritize.
• Demonstrated experience working in a team-oriented environment.
• Ability to multi-task and manage several projects in conjunction with ad hoc requests. Project management experience a plus.
• Strong organizational and time management skills.
• Ability to build positive and productive relationships with internal and external stakeholders.
• Excellent verbal and written communication skills, with an ability to simplify complex issues.
• Intermediate to Advanced Excel skills.
• Knowledge of Allegro and data management skills considered is an asset.

Working Conditions:

• Hybrid Office/Work from home position, with possible very minimal travel to meet business users at Capital Power facilities or other office.

Additional Details:

This position will remain open until a suitable candidate is found.

In order to be considered for this role you must be legally eligible to work in Canada.

The successful candidate for this position will undergo an education verification, reference checks and criminal record check.

Capital Power employees that refer a successful candidate for this position are eligible for a $1000 Referral Reward!

We believe that creating a culture that supports employee physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development.

Depending on the posting requirements relocation assistance may be available.

How To Apply and Next Steps

Capital Power only accepts resumes via online application at www.capitalpower.com/careers. If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.

Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting
[e-mail].

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.

Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.