Sr Specialist Market Analysis

INDEPENDENT ELECTRICITY SYSTEM OPERATOR (IESO)

Why join us? 

You’ve got great skills. And you want to use them in an organization where you know what you do every day matters. We get that.
We also know that ensuring Ontarians have access to affordable and reliable power doesn’t happen by accident. So we give you the tools, flexibility and support you need to achieve your goals, and development opportunities to help you grow. You’ll thrive in a collaborative, team-based environment that values your unique skills and experiences – and recognizes that when you do better, we become even better too.  

Who we are 

The Independent Electricity System Operator (IESO) works at the centre of the province’s power system, ensuring Ontarians have access to reliable and cost-effective electricity when and where they need it. We operate the province’s electricity grid 24/7, design, run and oversee the wholesale electricity markets, and plan and prepare to meet Ontario’s electricity needs – now and into the future.

 

The opportunity

Undertake studies, programs or projects of major issue, related to real or potential impacts based on developments and/or trends in the electricity industry and other energy markets.  Evaluate the impact of changes and conduct cost-benefit analysis of changes in the Ontario Electricity market design and/or rules on key market variables.  Analyze and produce recommendations and reports on specific market evolution initiatives. Provide guidance regarding the appropriate use and interpretation of information produced by, or related to market analysis or research. Organize, conduct, and participate in public stakeholdering of market evolution recommendations and reports.

What you'll do

• Undertake studies, programs or projects of major issue, related to real or potential impacts based on developments and/or trends in the electricity industry and other energy markets.  Provide leadership within the group towards the provision of guidance and direction to management on the relevance of evaluation results to the Ontario electricity market.
• Evaluate the impact of changes in the Ontario Electricity Market design and/or rules on key market variables.
• Conduct cost-benefit analysis of changes in Ontario Electricity Market design and/or rules on key market variables.
• Develop and maintain appropriate processes, systems and analytic tools used to evaluate and estimate impact of changes in the Ontario Electricity Market design and/or rules on key market variables.
• Review the current tools, and provide guidance and support regarding the associated development of new tools.
• Maintain up-to-date knowledge of developments in market theory and in current or proposed methods for energy/electricity trade.  Peruse academic, technical and financial reports, studies, books, journals etc, dealing with various aspects of energy markets.  Keep abreast of technological developments and best practices in the industry as they apply to electricity markets.
• Provide other IESO staff with guidance regarding the appropriate use and interpretation of information produced by, or related to, market analysis or research.
• Analyze and produce recommendations and reports on specific market evolution initiatives.
• Organize, conduct and participate in public stakeholdering of market evolution recommendations and reports prior to developing final recommendations.
• Participate in the development and stakeholdering of Market Rule amendments as required.
• Participate in the development and delivery of internal and external training as required.
• Work collaboratively with other members of the supervisor’s team to effectively implement the goals of the team within the context of the broader corporate direction.
• Perform other duties as required.

What you need to succeed

• Requires academic training in business, commerce, engineering, or economics at a level to understand and apply the technical/economical legislative parameters governing the energy industry and market place.
• Requires analytical and organization skills, excellent written and oral communication skills, in order to undertake studies, programs and projects of major issue, to develop strategies, communicate and effectively interface with all contacts involved in accomplishing the work objectives.
• This knowledge is considered to be normally acquired through the successful completion of four years university education in the appropriate field, or the equivalent.
• Requires a strong background in the utility business to become familiar with the inherent factors and problems influencing the energy industry.
• Requires experience to understand market design and how changes impact market efficiency, performance and reliable operations in Ontario and trade with neighbouring jurisdictions.
• Requires a background that allows for broad thinking and high analytical and reasoning skills.
• Requires computer skills and demonstrated experience in the review of vast amounts of information, breaking it down, prioritizing and synthesizing several related trends to determine relevant impact within and outside Ontario.
• Requires experience in conducting cost-benefit analysis of policy changes or market program changes. 
• Requires experience in building relationships, strong interpersonal, written and oral communication skills.
• Requires demonstrated leadership experiences to influence and motivate others to work as team members.
• Requires project management skills to effectively complete work objectives/projects on time and within budget.
• Requires strong presentation skills to represent the company on committees, task forces and in various forums.
• A period of over 8 years and up to and including 10 years is considered necessary to gain this experience.

For future reference, please ensure to save a copy of the job description as it will no longer be available once the posting closes.

Interviewer:                                Andy He and Claudine MacKenzie  

Human Resources Contact:         Claudine MacKenzie    

Deadline: April 24, 2025

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.

The IESO offers a hybrid work model program to most of our employees, based on business needs. Individuals participating in the program can work an average of three days per week remotely within Ontario. It also offers three flex weeks when individuals can work remotely within Ontario. When working in the office, you will be located at our Mississauga, Toronto, or Oakville location.  

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