at American Electric Power in Chicago, Illinois, United States
Job Description
Job Posting End Date
06-24-2024
Please note the job posting will close on the day before the posting end date.
Job Summary
I&M is seeking a Regulatory Consultant Principal that will be part of a team of professionals responsible for planning and executing the regulatory approval of I&M’s business strategies to re-shape the future of how I&M serves its customers. Key business strategies include transitioning the resources that supply electricity to I&M’s customers, incorporating advanced technologies into the grid, implementing new and innovative customer programs, and ensuring customers continue to receive safe, reliable, and affordable electric service. This position works closely with team members from across the company, commissions, and external stakeholders to effectively communicate I&M’s business strategies, meet all regulatory requirements, and support future regulatory filings.
Job Description
Remote within 4 hours of Ft. Wayne, Indiana.
ESSENTIAL JOB FUNCTIONS:
Perform regulatory tasks, such as financial analysis, new program development, developing direct and rebuttal testimony, responding to discovery requests, responding to Commission audits, witness preparation, etc.; facilitate organizational unit activities related to specific, unique and/or highly specialized areas of regulatory practice; promotes professionalism and standards, influences the direction of thinking through the organizational unit as a recognized authority; and operates with no supervision in a complex environment.
Knowledge of regulatory matters for the applicable regulatory function performed.
Regulatory matters include, but are not limited to: economic and legal foundations of regulation; the federal and state regulatory commission structures, processes, and roles; utility ratemaking and rate design; Independent System Operators (ISOs), Regional Transmission Organizations (RTOs), and competitive wholesale markets; industry restructuring and deregulation; federal reliability compliance obligations; federal and state environmental compliance; and current legislative and regulatory policy issues impacting electric utilities.
Interpret regulatory needs and implements projects and process work by establishing measurable goals, objectives and requirements relative to a specific area of responsibility; addresses company system-wide issues within specialized field of expertise; and reviews planned work of others.
Anticipate, identifies, clarifies, resolves and initiates solutions to internal and/or external unique and specialized problems that sometimes involve analysis of inadequate or conflicting data; and facilitates the development of opportunities, new ideas and approaches that have system-wide impact.
Works independently, with guidance only in the most complex matters, to prepare and present of complex regulatory subjects and strategies in a clear, concise and effective manner to management and/or regulatory bodies; demonstrates a developed knowledge of the network channels within the company, other companies, professional organizations, and regulatory agencies.
Make complex decisions based on calculated risk and be held accountable for these complex decisions; has a very strong knowledge of the impact of the decisions made on other organizational units internal and external of the company; possesses expert knowledge to defend decisions that are made in the interest of the company; and demonstrates the ability to extrapolate beyond known facts to reach a logical conclusion.
Participate and/or lead in the use and development of moderately complex analytical tools to support regulatory planning and regulatory filings. Proficiently utilize analytical tools and data management skills to provide actionable recommendations for regulatory planning and regulatory filings.
Consult with others to understand, identify, prioritize and develop actionable recommendations.
Develop and present analysis and solutions that support strategic initiatives. Consult and collaborate with IT and others to optimize the use of tools and analysis.
Other duties as assigned, including but not limited to, development of testimony, responding to discovery requests, responding to audits, participate in witness preparation.
MINIMUM REQUIREMENTS:
Education/Experience:
Bachelor’s degree from an accredited college or university AND 6 years relative field, operations or analytical experience OR Associate’s degree from an accredited college or university AND 10 years relative field, operations or analytical experience OR High School diploma or GED AND 12 years relative field, operations or analytical experience.
OTHER REQUIREMENTS:
Master’s degree is preferred.
Certified Public Accountant, Certified Internal Auditor, Professional Engineer, or similar Certification/license is preferred.
Proficiency with spreadsheets is required.
Proficient oral and written communication skills, including the ability to articulate strategy and provide guidance to management and witnesses on case, are required.
Must possess analytical problem solving skills.
Required to work some weekends, holidays, vacations, etc. as necessary to meet regulatory requirements, including filing dates required by the Company or as imposed by an applicable regulatory Commission.
Occasional travel will be required, such as: to attend or testify at hearings, to support witnesses at hearings, to participate in Commission Staff and/or stakeholder meetings/events, to advocate the Company’s position in various federal, regional, or state venues, to attend training, etc.
Compensation Data
Compensation Grade:
SP20-008
Compensation Range:
$94,225.00-122,490.00 USD
Candidates will be considered based on their qualifications and the candidate’s ability to work from an approved work location. Although the location is flexible, AEP does not have a presence in all states and localities. The following locations are NOT currently approved for this position: AK, CA, CO, CT, DE, HI, IA, ID, KS, MA, ME, MS, MT, ND, NH, NJ, NM, NV, NY, OR, RI, SD, UT, VT, WY, US Territories or international work locations. AEP will consider qualified candidates who are willing to relocate to an approved work location, at the candidate’s expense, provided the relocation can be completed within a timeframe that meets AEP’s staffing needs. NOTE: All remote work locations require vetting and final approval prior to offer and/or start date. Any work locations listed as preferred or unapproved relate specifically to the requirements for this position and are not necessarily applicable to other posted positions.
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It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all aspects of the employer-employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers, discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex, age, national origin, ethnicity, ancestry, veteran or military status, disability, genetic information, sexual orientation, gender identity, or any other basis prohibited by applicable law. When required by law, we must record certain information to be made part of an Affirmative Action Plan. Applicants for employment may also be invited to participate in the Affirmative Action Program by self-identifying their Race or Ethnic Identity.