INDEPENDENT ELECTRICITY SYSTEM OPERATOR (IESO)
Requisition ID:
20373
Location:Toronto - Hybrid
Status:Regular
Business Unit:Legal Resources & Corporate Governance
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, Contracts & Initiatives is primarily responsible for supporting management of electricity supply contracts for the Province of Ontario resulting from directives received from the Minister of Energy, including the negotiation, development and administration of electricity supply contracts. The Senior Analyst provides accurate, comprehensive, in-depth, value-added technical, commercial, risk and financial analysis, and is also involved in conducting research on topics and issues related to electricity supply resources, electricity and natural gas markets. The Senior Analyst is accountable to the Supervisor, Contracts & Initiatives in the Contract Management group in the Legal Resource and Corporate Governance (LRCG) division of the Independent Electricity System Operator (IESO).
Aside from the day-to-day administration of contracts prior to achieving commercial operation, the Senior Analyst will play a pivotal role in providing support for a multitude of organizational and group initiatives and support contract negotiations. The Senior Analyst will provide analytical expertise and strategic recommendations to uphold compliance with contract management protocols, ensuring adherence to documentation standards and procedural guidelines aimed at optimizing value to the IESO, Ontario’s power system and to Ontario ratepayers.
What You’ll Do The Senior Analyst will provide analytical and administrative support including, but not limited to, the following responsibilities:
+ support manager with contract amendments and contract negotiations. Assist in the development of negotiation principles, strategies and various contract management processes + create and maintain tracking tools to monitor contract submissions and requirements to ensure compliance. In addition, develop standard documents/templates to be used by contract counterparties and make recommendations to improve internal processes and where absent develop the necessary tools + monitoring and tracking of contract counterparty deliverables required in the contracts to ensure timely and accurate submissions + perform contract management and administration functions (e.g. Force Majeure, performance security, reviewing metering plan) and ensure that all obligations are fulfilled in accordance with the contract requirements, culminating in successful commercial operation of facilities + perform analysis and verification of contract counterparty reports that are required in the contracts + procurement of external consultants (legal, technical, financial, etc.) to support the group and creation of proposal evaluation materials and evaluation administration
+ using existing IESO analytical tools to conduct analysis + modifying, updating, and adapting existing analytical tools + designing and developing new analytical tools + developing and executing ad-hoc analysis approaches for one-off requests + participate in conjunction with external advisors and IESO departments in due diligence activities
+ Independently gather relevant information from various sources + Distill key information, facts, and concepts from potentially large volumes of information + Assemble distilled information to produce concise research reports / memorandums on findings + Create and deliver presentations to team on findings
+ Interface with others – internally with the other groups within the IESO along with Planning, Resource Adequacy, Corporate Services, Government Affairs and other IESO Departments; externally with Government and its agencies, such as the Ministry of Energy, Northern Development and Mines, Ministry of the Environment, Conservation and Parks, and with respective contract counterparties. + Advise on methods and recommend changes to IESO Contract Management policies and procedures + Assist with projects within Legal Resources or in other IESO departments. This includes facilitating meetings with other IESO departments. + Provide facility status updates and reports to Supervisor on a regular basis
The minimum level of experience for the incumbent to perform at a satisfactory level of proficiency is 6-8 years including the period of adjustment on the job itself.
What’s In It For You
Deadline:
Open until filled
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 Toronto location.
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