Compliance Specialist
FirstEnergy Corp.
Job Description
We are a forward-thinking electric utility powered by a diverse team of employees committed to making customers' lives brighter, the environment better and our communities stronger.
FirstEnergy (NYSE: FE) is dedicated to integrity, safety, reliability and operational excellence. Headquartered in Akron, Ohio, FirstEnergy includes one of the nation's largest investor-owned electric systems, more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions, and a regulated generating fleet with a total capacity of more than 3,500 megawatts.
About the Opportunity
This is an open position with FirstEnergy Service Co., a subsidiary of FirstEnergy Corp.
All employees who apply for a posted position must notify their supervisors that they have applied. Employees who have not been in their current positions for at least one year or who are in a position with specific requirements beyond one year, must obtain approval from their supervisor before applying.
The selected candidate may be offered a position within the same job family, at a level that is lower than what was posted. This will be determined based upon the results of the interview process which considers the candidate's skills, work history, experience level, and other relevant qualifications.
The Regulatory Reporting group works to grow and sustain a culture of compliance within FirstEnergy's operating companies. The team interacts with the FEU operating companies by implementing an infrastructure that monitors compliance, analyzes gaps between state rules and existing processes, provides risk assessments, regulatory advice, and timely reporting. This role will support regulatory activities for PA, WV, & MD This position is part of the Finance and Regulatory organization and reports to the Supervisor, Regulatory Reporting.
This is a full-time, on-site position and can be based out of Greensburg or Reading PA, or Akron, OH.
Responsibilities include:
- Preparing, writing, and validating required regulatory reports, data requests, or other required regulatory requests
- Assessing compliance of all state regulatory commitments with government regulated policies and standards through regulatory audits, data submittals, and spot checks
- Identifying and coordinating process improvements and best practices to support FE Utilities' ability to comply with all regulatory commitments
- Reviewing and interpreting rules generated by regulatory entities such as state commissions
- Monitoring, reviewing, and analyzing gaps between state rules and existing processes and making recommendations for gap closure
- Representing FE Utilities and the operating companies in Commission Staff meetings, working groups, and other various State meetings
- Providing support for required state regulatory activity for FE Utilities including responses and implementation of orders, settlement agreements, new/revised rulemakings, formal investigations/audits, rate cases, management audits, and other regulatory driven programs
- Providing critical support to the operating companies, FE Utilities leadership, Rates & Regulatory Affairs, Legal, Government/External Affairs, Emergency Preparedness, and Communications for FE Utilities state regulatory topics
- Conducting research, analyzing data, interpreting results, and communicating findings
- Communicating proficiently, both verbally and in writing, to internal FirstEnergy departments and external regulatory entities
- Working in cross functional teams
- Developing, implementing, and revising compliance programs, as needed
- Building relationships and credibility across the organization
- Providing assistance during emergencies and storm related activities by communicating to regulatory entities
Qualifications at the Compliance Specialist level include:
- Minimum bachelor's degree in IT or Business, or related discipline, along with 4+ years of related work experience; related work experience includes compliance, regulatory, research, writing capabilities and attention to detail. In lieu of a degree, a minimum of 7 years of direct, related experience will be considered. The experience must include a basic understanding of the subject matter.
- Works safely according to company policies and procedures
- Analytical and quantitative skills with demonstrated ability to proactively identify complex challenges or roadblocks and make results-driven recommendations
- Ability to identify process improvements and efficiencies, and support implementation to improve work processes
- Delivers quality, accurate work within established deadlines
- Demonstrates advanced interpersonal, written, and oral communication skills
- Prepares and deliver presentations for a variety of audiences
- Demonstrates strong problem-solving and decision-making skills
- Proficient with Microsoft Office applications including Outlook, Excel, PowerPoint, OneNote, Power BI, and Word
- Working knowledge of CREWS, SAP, GIS, NMS, and querying tools (i.e. Toad) is a plus
- Ability to complete various required outage reports for regulatory entities during storm and emergency situations, and rotate on-call during non-storm periods
Qualifications at the Advanced Compliance Specialist level include all of the above, plus:
- Bachelor's degree in Business, Finance, Accounting, Economics, Engineering, or related discipline required; In lieu of a degree, a minimum of 10 years of direct, related experience will be considered. The experience must include a basic understanding of the subject matter.
- Minimum 7 years professional work experience required; related work experience includes compliance, regulatory, research, writing capabilities and attention to detail.
- Advanced skills as it relates to the qualifications of the Compliance Specialist role
Qualifications at the Advanced Compliance Specialist level include all of the above, plus:
- Minimum 9 years professional work experience required; related work experience includes compliance, regulatory, research, writing capabilities and attention to detail.
All employees must have an account to use a FirstEnergy computer to apply for jobs. If you do not know if you have an account, please contact the IT Service Desk at View phone number on click.appcast.io, Option 1 - 1 for assistance.
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