Regulatory Analyst (II, III or Sr) (Rate Design & Cost of Service)

Williams•Houston, TX

27d•Hybrid

About The Position

Williams is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, national origin, age, marital status, disability, veteran status, genetic information or any other basis protected under applicable discrimination law. Do something that means something at Williams. This isn’t just a job - it’s an opportunity to explore and discover your passion with coworkers who become friends and mentors who push you to be your best self in and out of the office. At Williams, we make clean energy happen. And you can too, so bring your energy to ours. The Rate Analyst supports the company’s regulatory, commercial, and financial objectives by conducting cost of service studies, designing rates, and preparing filings for interstate natural gas pipeline services under Federal Energy Regulatory Commission (FERC) jurisdiction. This role involves complex analysis, regulatory compliance, and cross-functional collaboration to ensure the company’s rates and tariffs are competitive, compliant, and support business goals. Your work will challenge you, and with our Core Values to guide you, you’ll quickly learn and grow with us.

Requirements

Regulatory Analyst II: Required: Bachelor’s degree in Business, Accounting, Finance, Economics, Engineering or related field and a minimum of six (6) months of experience in the energy or related industry
Regulatory Analyst III: Required: Bachelor’s degree in Business, Accounting, Finance, Economics, Engineering or related field and a minimum of two (2) years of experience in the energy industry
Regulatory Analyst Sr: Required: Bachelor’s degree in Business, Accounting, Finance, Economics, Engineering or related field and a minimum of four (4) years’ interstate pipeline work experience
Demonstrates excellent organizational/interpersonal skills and safety as the utmost priority
Proficiency in Microsoft Office Applications and PC skills
Knowledge of FERC process and requirements
Familiarity with pipeline capacity management, contract analysis, and tariff development
Ability to work independently and collaboratively across departments
Computer Literacy
Microsoft Excel
Rate Design
Regulatory Analysis
Regulatory Requirements
Strategic Objectives
Tariffs
Teamwork
Action oriented
Collaborates
Communicates effectively
Customer focus
Drives results
Ensures accountability
Instills trust

Nice To Haves

Regulatory Analyst III: Preferred: A minimum of four (4) years of experience in interstate pipeline work
Regulatory Analyst Sr: Preferred: Direct experience in interstate regulatory area
Experience interpreting and modifying tariff language and commercial contracts

Responsibilities

Assists with the development of rate case positions on significant issues
Analyzes new FERC pronouncements, identifies potential effects on the company, devises and implements efficient solutions for compliance
Prepares and files tariff changes to meet the business needs of company partners
Assists in the development of responses to FERC and customer's data request
Collaborates with company partners to gather and review data for FERC certificate filings and reports and ensure they are consistent with business strategies and practices
Supports commercial and business development teams to evaluate new opportunities/services
Provides input into legal pleadings
Monitors FERC regulations, requirements, and industry trends pertaining to filings and compliance
Performs detailed cost-of-service studies, financial modeling, and scenario analysis to support rate proposals and regulatory strategies
Creates, evaluates, and recommends rate structures and tariff provisions; prepare and submit rate case filings, tariff changes, and compliance reports to FERC
Works with internal teams (Legal, Engineering, Commercial, Accounting, Scheduling, Gas Control) to gather data and develop comprehensive regulatory strategies
Monitors and analyzes transportation and storage agreements to maximize value, minimize costs, and support strategic planning for new and existing capacity offerings
Other duties as assigned

Benefits

Competitive compensation
Annual incentive program
Hybrid work model - one work from home day each week for most office-based roles
Flexible work schedule for most field-based roles
401(k) with company matching contribution and a fixed annual company contribution
Comprehensive medical, dental, and vision benefits
Generous company-paid life insurance and disability benefits
A consumer-driven health plan option with the potential for a generous company contribution to a Health Savings Account
Healthcare and Dependent Care Flexible Spending Accounts
Paid time off, including floating and company holidays
Wellness Program with annual rewards
Employee stock purchase plan
Robust employee learning and development
High internal mobility (we promote from within)
Parental leave (we provide up to 6 weeks for each parent)
Fertility coverage and adoption benefits
Domestic partner benefits
Educational reimbursement
Non-profit donation matching contributions and time off to volunteer
Employee resource groups
Employee assistance programs
Technology to make our work more productive and collaborative
Regular employee engagement surveys and feedback processes