FERC and Energy Markets Compliance Mgr

Berkshire Hathaway Energy • Des Moines, IA

11h

About The Position

Under general supervision of the Director, NERC and FERC Compliance, the FERC and Energy Markets Compliance Manager manages projects, activities and deliverables associated with the compliance of relevant energy markets rules, regulations, and tariffs issued by the Federal Energy Regulatory Commission (“FERC”) Independent System Operator (“ISO”) and Regional Transmission Organizations (“RTO”) standards, tariffs and business practice manuals.

Requirements

• Bachelor's degree in engineering, business administration or a related field or equivalent work experience. (Typically, six years of related progressive work experience would be required of those who do not have a bachelor's degree.)
• At least 7 or more years of energy industry experience; energy markets compliance strongly preferred, internal audit, or audit with operations emphasis experience a plus.
• Strong understanding of electric industry with emphasis on energy marketing and scheduling.
• Advanced knowledge of state and federal regulatory requirements governing energy markets, RTOs, ISOs and scheduling activities, and FERC-regulated wholesale markets.
• Demonstrated knowledge of audit principles and compliance management processes, various regional market fundamentals, market participants, trading and scheduling practices and regulatory analysis related to market participation and scheduling coordinator activities.
• Demonstrated experience managing compliance functions (e.g., development and implementation of policies and procedures, training, monitoring, investigations, etc.) required.
• Ability to simultaneously complete multiple projects while managing tight deadlines.
• Excellent decision making, presentation and organizational skills.
• Ability to define and set priorities, follow through and respond to changes with minimal supervision.
• Effective interpersonal communication skills, oral and written, with ability to work as a team member/leader with a variety of individuals and personalities both internal and external to the organization, as well as from differing backgrounds and experience levels.
• Strong analytical skills and logical thought processes, with the ability to identify and resolve complex and sensitive regulatory issues.

Nice To Haves

• Experience with the FERC’s Office of Enforcement and their views on market manipulation and market behavior concerns a plus.
• Knowledge of the NERC reliability standards with the ability to interpret these standards to assist other areas of the company with the compliance efforts, prefered.

Responsibilities

• Proactively analyzes and recommends policy and procedural changes based on applicable existing market rules, regulations, and tariffs; and pending market rules and regulations in collaboration with other designated functions such as energy market policy.
• Monitors the relevant energy markets, ISOs and RTOs (e.g., CAISO, MISO, ERCOT, PJM, NYISO, SPP) communications and investigates market transactions, scheduling and operations activities, as necessary, to ensure compliance with energy market, RTO and ISO rules and regulations.
• Responsible for providing guidance to the business to ensure compliance with rules, regulations, internal policies and procedures related to energy marketing activities, specifically with respect to its power marketing and market scheduling coordinator business; as well as for ensuring training on applicable energy markets, ISOs, RTOs, FERC, and applicable corporate programs topics is provided and completed by employees.
• Coordinates with business units throughout the company to communicate and drive completion of cross-functional deliverables.
• Maintain solid knowledge of the North American Electric Reliability Corporation (NERC) standards, both reliability and CIP. Monitor for changes, collaborate with other stakeholder groups, and assist selective efforts to influence rulemakings where appropriate.
• Support the NERC compliance program for BHER’s NERC registered entities, including procedure updates, evidence gathering and retention, and deliverable tracking.
• The role will promote and influence an internal culture of controls and compliance with laws, regulations, the company’s code of ethics, internal requirements and other policies and procedures through supporting the development, implementation, and managing the maintenance of a program consistent with the corporate ethics strategy and best regulatory compliance practices.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level