HOUSTON, USA
10 days ago
Regulatory Analyst, Power
Country USA Workplace location HOUSTON-LOUISIANA STREET(USA) Employer company TotalEnergies Gas & Power North America, Inc. Domain Governance and Information Type of contract Regular position Experience Minimum 3 years Candidate Profile 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 day-to-day 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, multi-tasking 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 self-starting and willing and able to work independently in a dynamic trading organization under pressure of tight deadlines and aggressive expectations. Proficient in the use of MS Office applications (PowerPoint, Word, Excel, Outlook)
**TotalEnergies regrets that it is unable to sponsor employment Visas or consider individuals on time-limited visa status for this position. 
Activities Your missions as a 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 high-impact 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 ERCOT-related 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 : Multi Energy Commodities including Gas, Power, NGL, LNG, Dry bulk and Renewables. Work force: > 125 employees.
PURPOSES
Under the general supervision of the Senior Regulatory Advisor, the ERCOT Regulatory Analyst works across the trading organization as a subject matter expert in the ERCOT power market to assists the company in regulatory matters and market compliance requirements. Provides guidance and oversight by researching, developing and implementing compliance controls that help ensure the Company meets all ERCOT regulatory requirements. Monitors and interprets new and existing ERCOT regulations, orders, rules, and protocols and stays informed of current and changing requirements. Helps coordinate and provide input into regulatory rulemaking proceedings. Provides advice and assistance to internal departments. Helps develop and deliver employee training on the relevant ERCOT regulatory and compliance requirements. Context & Environment Volatile U.S. energy markets Highly competitive environment for new business and growth opportunities due to new market entrants Highly skilled and mobile workforce Fast moving trading environment involving time critical activities and high/risk rewards from trading operations The Company is responsible for the Company’s gas, power, dry bulk, and LNG trading and marketing activities in North America

TotalEnergies celebrates diversity and is committed to Equal Employment Opportunity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, protected veteran status, disability status or any other category protected under applicable federal, state or local law. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. TotalEnergies believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop, and retain the most talented people from a diverse candidate pool. 
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