Compliance Analyst Job at VELCO
Why you should join our team
The Analyst plays a key role in VELCO's reliability standard compliance program, functioning as an internal expert on Federal and Regional electric system reliability standards including: Federal Energy Regulatory Commission (FERC), North American Electric Reliability Corporation (NERC), Northeast Power Coordinating Council (NPCC), New England Independent System Operator (ISO-NE), the State of Vermont, and other agencies. The Analyst leads projects coordinating compliance activities across VELCO to identify and implement systematic process improvements, coordinates regulatory audit preparation activities, provides standards training, and represents the company with regulators and industry groups.
How you will make an impact
- Functions as an internal expert for NERC standards, controls and best practices including the self-auditing of both the NERC Reliability and Critical Infrastructure Protection Standards.
- In coordination with the Subject Matter Experts (SME), develops and maintains supporting compliance strategies, processes, procedures, and documentation evidence.
- Leads functional teams or projects to coordinate FERC/NERC and other compliance activities across VELCO, including identifying and implementing systematic process improvements.
- Coordinates regulatory audit preparation activities across VELCO to ensure that potential non-compliance issues are identified and corrected.
- Conducts internal assessments, identifies, documents and implements process improvements focused on ensuring programmatic conformance and regulatory compliance. Identifies risks/weaknesses and takes action to eliminate and/or mitigate the impacts of potential risks.
- Works with administrators, SMEs, and other employees supporting the development, coordination and enhancement of internal controls to support VELCO-wide compliance obligations.
- Monitors developing industry activities in preparation for future compliance related obligations. Initiates development of reliability compliance policies and procedures and supports SMEs in their updates/enhancements to meet new standard requirements on or before enforcement dates.
- Represents VELCO during compliance audits, spot checks, and investigations.
- Identifies and develops training for employees on applicable compliance obligations and their roles and responsibilities.
- Tracks and monitors all obligations and reporting requirements.
- Supports, develops and leads software tracking program to enhance the overall compliance program.
- Reviews and analyzes internal incidents and alleged violations to determine the accuracy and completeness of the report.
- Represents the VELCO compliance team on various internal and regional committees, task forces, and industry groups. Attends workshops, reviews, seminars, and training on a regular basis.
- Participates on key initiatives within the company and acts as a point of contact between VELCO departments and the VELCO compliance team.
- Performs other duties as assigned.
Who you are
To thrive in this role, you must have a Bachelor's degree in Engineering, Information Technology, the sciences, mathematics or related discipline, or equivalent work experience.
A minimum of five years of professional experience in a Compliance function, or in a technical role in an area such as Operations or Planning, with significant responsibility for meeting compliance standards.
A firm understanding of energy utility operations and industry compliance programs, knowledge of State and Federal regulations, NERC reliability and critical infrastructure protection standards, NPCC regional standards and compliance obligations, FERC guidelines. Demonstrated ability to perform audits and to conduct compliance investigations and internal controls evaluations.
Strong analytical, interpretive, negotiation, organizational and project management skills. A strong attention to detail and proficiency with technology-based obligation tracking tools. Able to cogently present complex technical information to committees, management, external regulators and industry associations.
VELCO's commitment to our employees
- Paid Time Off – Everyone needs time off to recharge. New employees are frontloaded with prorated time off dependent upon date of hire
- Sick Leave – We advocate for staying home when you are sick
- Paid Holidays – We observe 11 paid company holidays
- Medical – Select from two comprehensive health plans. Employees have access to a Health Savings Account and Flexible Spending Account. We allow documented Domestic Partners on our plans
- Dental & Vision – Offers a wide range of covered services
- Wellness Program – Allows you to receive up to $100 per year for reimbursement of approved wellness expenses
- Employee Assistance Program (EAP) – Aids with mental health, stress management, work-life balance, financial and legal matters, and much more
- 401K – We offer a very generous employer match and profit share contribution
- Short Term Incentive Bonus – VELCO proudly offers a yearly incentive bonus based on individual contributions and key performance indicators
- Life Insurance – VELCO paid life insurance and supplemental coverages are available
Important Considerations
- Starting pay will be determined at the time of offer based on the experience, education, and training of the successful candidate.
- Eligible applicants must be authorized to work in the United States.
- Any offer of employment is contingent upon successful completion of a background screening, Pre-employment physical, drug screening and Covid-19 vaccination unless there is a qualifying exemption on file with Human Resources
- VELCO is an Equal Employment Opportunity & Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran
The Fine Print
- Experience with Microsoft Office.
- Organizational, analytical and problem-solving skills.
- Attention to detail.
- A willingness to learn new skills and availability to change.
- Familiarity with the utility industry is a plus.
Must be able to perform typical administrative functions which may involve long periods of keyboarding and periodically of scanning, filing, copying, etc. Must be able to maintain fast pace while completing complex, analytical work, in potentially stressful situations, with competing priorities, within tight timelines and with frequent interruptions. Must be able to work additional hours when necessary. Periodic travel and overnight stays will be required when attending industry workshops, trainings, etc.
Who VELCO is
VELCO sits at an inflection point of dynamic innovation in an industry undergoing transformation. Our core responsibility to operate a safe and reliable electric transmission system for Vermonters has not changed. How we fulfil that responsibility, however, changes regularly with the evolution of the system we operate and the dynamic demands of the customers we serve. These conditions require that VELCO remain unshakably focused on operational excellence today while anticipating the capabilities we will need to thrive tomorrow. Likewise, the successful Compliance Analyst will have the capabilities to meet today's responsibilities while having the foresight and learning orientation to anticipate VELCO's needs well into the future.
The Compliance Analyst at VELCO is a trusted partner excited to help us realize our Vision to create a sustainable Vermont through our people, assets, relationships and operating model. The Compliance Analyst is someone innately committed to fulfilling our Mission to serve as a Trusted Partner by passionately living our TRUST values (Treating each other with respect; Responding with urgency; Unconditionally supporting one another; Sharing information; and Thinking outside the box).
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