Senior Advisor, Regulatory Compliance

A little about Capital Power

Capital Power (TSX: CPX) is powering change by changing power. This north star guides our ambitions, focus, and actions as we transform our energy system to power a net zero future. We’re a growth-oriented North American energy transition company headquartered in Edmonton, Alberta. We deliver reliable, affordable and decarbonized electricity solutions that communities can depend on.

Our people are at the core of our journey to get to net zero by 2045 and are transforming the future of power generation as a collaborative team of experts and innovators. We provide purpose-driven work in a safe and inclusive environment, and we live by our values. With us, your contributions matter. We’re here to partner with you so you can learn, innovate, and forge a career that’s meaningful to you. Join us in powering a clean energy future!

Your Opportunity

One Permanent Full Time Position.

Capital Power Corporation (CPC) is currently seeking an innovative and results-oriented individual to join our Corporate Compliance & Ethics team.

Under the direction of the Director, Regulatory Compliance and in line with core objectives, the Senior Advisor, 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. This position regularly engages with internal & external stakeholders to support new and changing business, changing regulatory requirements, and provides advisory services and program enhancements. This position also requires an ability to interface with regulators and manage relationships on compliance-related matter on a regular basis.

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 implemented.
• Monitoring risk triggers and making recommendations on changes to the Regulatory Compliance Program to minimize compliance risks, as appropriate.
• Providing key input into the Director, Regulatory Compliance regarding strategy throughout the areas of trading compliance, ISO market rules, and real-time operations.
• Communicating purpose & applicability to various partner areas.
• Promoting compliance by providing direction & supporting overall Compliance Programs.
• Leading investigations on non-compliance events, including conducting root cause analysis, and developing and implementing plans to mitigate future occurrence.
• 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.
• Serving as the regulator’s point of contact to resolve compliance violations and working directly with the Director, Regulatory Compliance to negotiate settlements on contraventions, as required.
• Collaborating with the Director, Regulatory Compliance on inquiries from regulatory bodies & place the highest priority on such inquiries.
• Collaborating with the Director, Regulatory Compliance on implementing changes to monitoring activities, as required.
• Gathering feedback from internal subject matter experts, as required, and working with management to rollout new requirements to internal stakeholders.
• Serving as a subject matter expert in an advisory capacity to Capital Power’s on current rules & standards and providing guidance on impact due to change in compliance requirements.
• Providing recommendations and resolving non-compliance events, as required.
• Developing mitigation plans on risk areas and / or non-compliance events and communicating mitigation steps to internal stakeholders and regulators.

What you will bring to the role:

Education:

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

Experience:

• 5+ years of experience within a regulated electricity/utility industry, with some experience in regulatory compliance, market operations, or system operation.
• Equivalencies will be considered.
• 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 offices.

Additional Details:

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.

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 careers@capitalpower.com.

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.

To apply on this position please go to www.capitalpower.com/careers and search for JR805927.