Specialist Strategic Contracts

Date: January 14, 2026

Location: Toronto, ON – Hybrid

Requisition ID: 20472

Status: Regular

Business Unit: Legal Resources and Corporate Governance

Grade/Band: MP4

Annual Pay Range: For standard 35-hour work week

The successful candidate will be placed at the appropriate step within the salary grade/band, based on relevant years of experience and other applicable considerations.

Why join us?

The IESO is committed to ensuring Ontario’s electricity system meets the province’s needs today and into the future. We are charged with purpose, delivering reliable, affordable, and sustainable electricity for homes, businesses, and communities across the province. We are energized to grow, embracing opportunities to shape the future of a dynamic and evolving energy sector while advancing our careers. We are powered by teamwork, supported by diverse and passionate colleagues who foster respect, celebrate successes, and thrive on shared achievements. At the IESO, it’s not just what we do—it’s who we are! 

Who we are

The energy sector is rapidly evolving, offering exciting new opportunities for those who want to make a difference.

• The Specialist, Strategic Contracts will be a key member of the team overseeing the prudent management of the IESO’s strategic long term electricity supply contracts; in particular, OPG Energy Supply Agreements and to a lesser extent, the Amended and Restated Bruce Power Refurbishment Implementation Agreement (ARBPRIA) with Bruce Power.
• The Specialist will be required to execute the framework for completing due diligence activities and management of the technical, commercial and financial obligations in accordance with long term electricity supply agreements with OPG and Bruce Power. This will require leading the implementation and maintenance of reporting tools and systems to monitor and analyze operating characteristics of hydroelectric, thermal and nuclear generating facilities to ensure compliance with the agreements.
• This role will interface with stakeholders, external consultants (legal, technical, financial and/or operational) and other external organizations. The Specialist will perform an active role in the planning, coordinating resources and executing activities to ensure all contractual obligations are met. The individual is expected to have a strong financial background, complemented by technical or engineering, contract management, project management and relationship management experiences and competencies.

What makes this role exciting

The energy sector is rapidly evolving, offering exciting new opportunities for those who want to make a difference.

• The Specialist, Strategic Contracts will be a key member of the team overseeing the prudent management of the IESO’s strategic long term electricity supply contracts; in particular, OPG Energy Supply Agreements and to a lesser extent, the Amended and Restated Bruce Power Refurbishment Implementation Agreement (ARBPRIA) with Bruce Power.
• The Specialist will be required to execute the framework for completing due diligence activities and management of the technical, commercial and financial obligations in accordance with long term electricity supply agreements with OPG and Bruce Power. This will require leading the implementation and maintenance of reporting tools and systems to monitor and analyze operating characteristics of hydroelectric, thermal and nuclear generating facilities to ensure compliance with the agreements.
• This role will interface with stakeholders, external consultants (legal, technical, financial and/or operational) and other external organizations. The Specialist will perform an active role in the planning, coordinating resources and executing activities to ensure all contractual obligations are met. The individual is expected to have a strong financial background, complemented by technical or engineering, contract management, project management and relationship management experiences and competencies.

What you’ll do

In this role, you’ll make a meaningful impact by contributing to the IESO team and supporting the electricity needs of the province through:

1. Contract Management and Support: 

• Attend and participate in OPG contract review and oversight meetings
• Prepare summary documents, progress reports and meeting minutes and regular and/or periodic progress and observation reports for IESO management
• Review, analyze and assess performance metrics measured against contractual obligations
• Track development and assist with due diligence procedures on OPG submissions and supporting documentation 
• Advise and inform management on potential and/or ongoing issues and support IESO management with the resolution of contract or payment disputes 
• Support the development and enhancement of tools and processes to support the monitoring and reporting of contractual and operational requirements associated with nuclear and hydroelectric generation facilities
• Support the assessment of notices and/or proposals received by counterparties, present recommendations to management

2. Financial and Technical Due Diligence:

• Monitor and conduct due diligence on technical and financial submissions by contract counterparties, and ensure relevant evidentiary documentation is received
• Support technical experts by identifying facts, issues and documents that may be relevant in their analysis
• Assist in the development and enhancement of tools, databases and procedures for monitoring, tracking and reporting on capital and OM&A costs associated with nuclear and hydroelectric generating facilities
• Track and monitor relevant technical information related to the scope and timing of work completed or proposed by generators to ensure it is prudent and in accordance with good engineering and operating practices 
• Maintain knowledge and understanding of OEB regulatory framework and cost allocation methodologies
• Support the review of submissions from contract counterparties to confirm reasonableness of estimates and/or actual expenditures, and review reports and monitor progress to schedule and cost
• Raise concerns identified through due diligence activities, including relevance of business rationale and supporting documentation provided by the contract counterparty
• Attend and participate in oversight meetings with counterparties, and/or with external vendors (engineering, procurement and construction) 

3. Relationship Management:

• Ensure a high level of supplier/customer focus by developing and maintaining an excellent working relationship through day-to-day contact with the IESO’s contract counterparties
• Assist with the sourcing, securing and managing the work of external consultants (e.g., legal, economic, technical, audit, etc.) as required.
  Support technical experts by identifying facts, issues and documents that may be relevant in their analysis

4. Remain flexible and available to assist with other projects within the Department or in other IESO Departments, and perform other duties or responsibilities as may be assigned.

Role Requirements

Our team consists of experts from diverse backgrounds, each bringing their unique perspectives and skills. 
To succeed in this role, you’ll need: 

Education:

• • Must possess an undergraduate university degree (typically four years) in engineering, business, finance or economics with a strong understanding of engineering and/or possess technical electrical generation expertise
  • A post-graduate degree in engineering, business, finance or economics is preferred
  • A professional designation, including one or more of P.Eng., PMP, CPA, CA, or CFA is preferred

Experience:

• • Strong problem solving skills with the ability to consult multiple resources, including procedures, reports, and other documentation, prior to implementing solutions
  • Experience with reading, interpreting, and other activities related to managing contracts
  • Excellent analytical thinking, technical analysis, attention to detail and data management skills with a proven ability to lead projects, including planning tasks and coordinating resources
  • Demonstrated knowledge of OEB regulated framework is an asset
  • Excellent interpersonal, oral and written communication skills to prepare reports and detailed responses from internal and external stakeholders is essential
  • Sound knowledge of Ontario and North American electricity and the regulatory environment is required
  • Advanced Excel skills with 3+ years maintaining and/or building Excel models. Experience with other analytical tools and programs considered an asset.

How We Support You

From a comprehensive total rewards program to dynamic learning and development opportunities—including job rotations to broaden your expertise—we empower you to define and shape your own success. When you join the IESO, here’s what you can expect:

• Best-in-class benefits and long-term support in the form of a defined benefit pension plan. 
• Work in a dynamic and evolving sector that offers exciting opportunities and the chance to explore new career paths.
• Leadership that values meaningful discussions, welcomes feedback, and prioritizes career development. 
• A strong, inclusive culture and a collaborative team environment with a shared passion for impactful work.
• Compensation packages that are regularly reviewed to remain competitive and to best accommodate the diverse needs of our employees. 

Deadline

February 13, 2026. For future reference, please save a copy of the job posting as it will no longer be available once the posting closes.

Thank you for your interest in a career at the IESO. Only candidates selected for an interview will be contacted. Please note that the successful candidate must be legally eligible to work in Canada and will be subject to applicable background checks. 

IESO will not conduct interviews or offer positions via online, text, chat or social media platforms. We will not gather personal information directly from candidates or potential candidates. Selected candidates will work with our Talent Acquisition team to ensure their application is processed.

The IESO will be transitioning to a 3-day in-office work week effective January 2026. Over the course of 2026, the IESO will advance plans to acquire additional office space to accommodate more in-office time. While the timeline for moving to a full 5-day in-office model has not yet been established, we are committed to keeping employees and candidates informed as plans progress and give them as much advance notice as possible to prepare for any changes.

We believe in opportunities for everyone. 

At the IESO, we know that achieving great results depends on embracing diversity by attracting, developing, and retaining people from a wide variety of backgrounds. We do this by ensuring our recruitment and advancement policies are fair and equitable, and by creating an accessible and inclusive environment—one that values every team member’s unique skills and experiences and ensures they have the support they need to achieve their potential. If you require accommodation during the recruitment process, please let us know. We’re proud to say we’ve been recognized as a supportive, inclusive employer. 

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