Regulatory Policy Advisor (Toronto)

Regulatory Policy Advisor (Toronto)

14 Oct
|
Hydro One Networks
|
Toronto

14 Oct

Hydro One Networks

Toronto

General Accountabilities: Support the development, approval and submission of regulatory And policy filings to regulatory agencies associated with revenue requirement, rate design, recovery of deferral accounts, regulatory reporting, asset sales and acquisitions and compliance issue/challenges.

Provide advice and guidance to Lines of Business relating to regulatory policies and strategies, implications and the appropriateness of various management processes and practices on policy application and interpretation.

Contribute to the development of strategies, tactics and positions for the Company to adopt related to regulatory and policy issues.

Conduct risk assessments and business analysis to ensure the strategies, tactics and positions are based on well-founded business cases.

Work with expert staff to conduct the necessary business Analysis and prepare the regulatory and policy submissions required to successfully achieve the business objectives of Hydro One.

Support and develop the business relationships needed between Hydro One and the OEB, the IESO, and other utilities and industry associations to ensure Hydro One interests are understood and positions adopted, as appropriate.

Develop and maintain a network of internal and external business associates including peers within the OEB, other utilities, industry associations and all key business units within Hydro One.

Assist in negotiating positions which may be of a controversial nature convincing them to adopt a course of action to one which is aligned with the business objectives of the company and achieving efficient and favorable regulatory and policy outcomes.

Support the development of regulatory and policy submissions by Identifying the required deliverables and assist with planning, scheduling and assigning the required tasks.

Prepare schedules of key tasks and deliverables, monitor progress of deliverables and related quality, update the schedules and provide recommendations for corrective action.

Prepare and present reports outlining the status of the project and need for corrective actions.

Develop a budget for submissions, obtain the necessary approvals through the development of a business case and establish a cost control, approval and monitoring mechanism to ensure effective management of the budget.

Prepare reports covering the financial status of project.





Provide advice to Supervisor on effectiveness of team members for future involvement in regulatory and policy matters.

Assist with the formulation of process improvements to streamline regulatory approvals by ensuring efficient processing of regulatory submissions.

Support the development of regulatory and policy-based special studies such as studies on Performance Based Regulation, Concepts for Cost Allocation and Rate Design, Regulatory efficiency.

Participate on OEB or IESO lead industry teams related with regulatory matters.

Establish a comprehensive understanding of all OEB and IESO related Legislation, Rules, Licenses and Codes and act as the subject matter expert within the company in specific areas, including providing interpretation and ensuring all the necessary processes and products are in place to ensure compliance.

Perform other duties as required.

Selection Criteria: Education: Requires knowledge of financial concepts, economics, engineering, quantitative analysis, statistics in order to develop business strategies and business cases for presentations.

Requires a good knowledge of English to develop effective written submissions and make effective presentations to internal and external committees and promote new strategic and policy options.

Requires knowledge of computer applications for developing submission and presentations.

This knowledge is considered to be normally acquired through the completion of 4 years of university training (Grade XII plus 5 years).

Experience: Requires experience in Finance, Asset Management, Field Operations or Engineering Services, including involvement with regulatory products issued by the OEB and IESO, such as the Market Rules, Transmission System Code, Distribution System Code, Affiliate Relationship Code.

Requires experience in project management, conducting business analysis and developing business cases with internal and external staff and OEB/Industry and/or utility staff on external industry-based initiatives.



A period of over 8 years and up to and including 10 years is considered necessary to gain this experience.

Problems are encountered in the development and implementation of strategies, policies and submissions, which are often precedent setting.

The proposals, business cases and submissions developed must integrate the input from a variety of disciplines spanning the areas of Finance, Asset Management, Field Operations, Engineering Services, and must be designed to effectively respond to Company objectives.

Requires performing scenario analyses of strategic options involving consideration and evaluation of numerous variables, such as, understanding of the external business setting, strategies and sound decision making to ensure the Company's financial integrity is maintained.

Work assignments are usually received in the form of general work objectives and specific actions are then self-initiated.

Work is received in accordance with assigned ongoing responsibilities to provide direction, assistance, guidance and advice to corporate staff involved in carrying out studies.

Checks are maintained on the work through the requirement to submit conclusions, recommendations and reports for review and approval by Supervisor and also through feedback from others on assistance provided.

Requires providing limited supervision to staff by providing advice, guidance and work instruction on work programs and projects.

Requires contact with senior management in the development of business strategies which may be of a controversial nature convincing them to adopt a course of action to one suitable to the Company.

Requires contact with the OEB, government agencies, customer associations, industry associations, other utility staff and intervenor groups to discuss business issues and negotiate positions which may be of a controversial nature convincing them to adopt a course of action to one which is aligned with the business objectives of the company.

Errors in technical or business judgment in the development of business strategies and regulatory submissions could lead to considerable financial loss resulting from adverse OEB decisions.

Errors could also have considerable adverse effect on public or employee relations Requires performing duties under the normal business office environment with the occasional absence from home while on company business

📌 Regulatory Policy Advisor (Toronto)
🏢 Hydro One Networks
📍 Toronto

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