Ercot Regulatory Analyst - Houston, United States - TotalEnergies

TotalEnergies

Verified Company

Houston, United States

2 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Pays
Etats-Unis

Lieu

USA

Lieu de travail
HOUSTON-LOUISIANA STREET(
USA)

Société employeur
TotalEnergies Gas & Power North America, Inc.

Domaine
Gouvernance et Information

Type de contrat

CDI

Expérience
Minimum 3 ans

Undergraduate degree in business, economics, finance, or similar quantitative discipline; Advanced degree (MBA/JD/PE) is a plus.
Minimum of 3 years' experience in an Energy Trading Firm, with 2 years' experience in an ERCOT Market compliance role or an equivalent market compliance role in another ISO/RTO and/or applicable market regulator.
Detailed, working knowledge of industry laws, regulations, and standards applicable to Energy Trading.
Detailed, working knowledge of the ERCOT market, which includes DAM, CRRs, resource adequacy requirements, ancillary services, and BESS resources.
Strong understanding of Energy Trading markets and products (Natural Gas/Power/Renewables); experience with daytoday operations, risk management and trading practices including physical and financial transactions used in the industry.
Proven communication and presentation skills, oral and written, with ability to communicate with a variety of individuals and personalities both internal and outside the organization.
Ability to solve problems, think critically, make sound, firm recommendations while resolving complex and sensitive regulatory issues.
Ability to prioritize job requirements in a high pressure, multitasking environment; strong time management and organizational skills.
Ability to work across the organization to balance market compliance requirements with commercial opportunities and business objectives.
Must be selfstarting and willing and able to work independently in a dynamic trading organization under pressure of tight deadlines and aggressive expectations.

TotalEnergies regrets that it is unable to sponsor employment Visas or consider individuals on time-limited visa status for this position.

Activités

Your missions as an ERCOT Regulatory Analyst include:
ERCOT Specific Functions

Regulatory analysis coverage: ERCOT, ERCOT Reliability Monitor (ERM), Texas RE (ERO), PUCT, Independent Market Monitor (IMM)
Key Current Focus: ERCOT Protocols, Ancillary Services reform, Resource Adequacy, BESS reforms, rapidly increasing intrazonal congestion (esp. North Zone)
Priority stakeholder forums: ERCOT stakeholder groups and Protocol Revision Request process, Gulf Coast Power Association, etc.

Regulatory Monitoring/Analysis:

Monitor ERCOT Protocols and market rules to continually evaluate and assess impact to ongoing business operations.
Analyze ERCOT market activities (e.g., ancillary and energy bids/offers) to help determine impact to the business and advise business accordingly.
Actively monitor regulatory groups and business relevant publications to determine impact to current/future business activities, and/or impact to policies, procedures, and controls operations.
Advise the organization on pending or upcoming ISO market proposals via market stakeholder process and determine impact to the business and to polices and controls.

Advocacy/Relationship Management:

Establish and fosters strong working relationships with ERCOT regulators (ERCOT/ERM/IMM/PUCT)
Participate in highimpact ISO sector and interest area stakeholder meetings, advocacy, regulatory proceedings, and market rulemaking and advise business of potential impact to current and future trading activities.

Market Compliance Controls

Enhances, develops, implements and monitors internal market compliance controls that help ensure organizational compliance with ERCOT market rules and protocols.

Advice & Assistance

Provides expert advice on the regulatory and administrative aspects of TGPNA's current and future activities in the ERCOT market and related rules, tariffs, protocols, operating guides, etc.
Assists the Market Compliance team in providing ad hoc regulatory guidance and proactive counsel to the organization and senior management on ERCOTrelated regulatory issues and matters.
Assist the Market Compliance team with investigating/responding to regulatory data requests and regulatory inquiries.

Market Compliance Training

Helps develop ERCOT market compliance training programs to help ensure employees are knowledgeable regarding ERCOT rules and requirements.
Assists the Market Compliance team with training delivery to the Front Office (power traders, originators, operators); control functions (Middle Office/Back Office) and other company resources on the market design, structure, and the related regulatory aspects of trading in ERCOT market.

DIMENSIONS
Key operating and financial statistics regarding the Company's energy trading and marketing activities are as follows: