Compliance Specialist

3 weeks ago

Akron, United States FirstEnergy Full time

FirstEnergy at a Glance

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. [SC00]
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.
This position will have flexibility related to work location and will be classified as Mobile with primary work location as home, but may work at or visit a facility, based on business need.
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 position is part of the Regulated Commodity Operations & Compliance organization and reports to the Supervisor, Regulatory Reporting.
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 from 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. 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, PowerOn, 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:
- Bachelor's degree in Business, Finance, Accounting, Economics, Engineering, or related discipline required
- Minimum 7 years professional work experience required
- Advanced skills as it relates to the qualifications of the Compliance Specialist role.
Benefits, Compensation & Workforce Diversity

At FirstEnergy, employees are key to our success. We depend on their talents to meet the challenges of our changing business environment. We are committed to rewarding individual and team efforts through our total rewards philosophy which includes competitive pay plus incentive compensation, a company-sponsored pension plan, 401(k) savings plan with matching employer contribution, a choice of medical, prescription drug, dental, vision, and life insurance programs, as well as skills development training with tuition reimbursement. Please visit our website at www.firstenergycorp.com to learn more about all of our employee rewards programs. FirstEnergy proudly supports workforce diversity. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, or status as a qualified individual with a disability. No recruiters or agencies without a previously signed contract. Unable to sponsor or transfer H-1B visas at this time.

Safety

Safety is a core value for FirstEnergy and is essential to all of our business activities. We ensure employees have the tools, information, and processes to perform their duties in a manner that assures safety for themselves, their co-workers, our customers and the public. Our goals are to provide a safe work environment, to maintain an accident-free, injury-free workplace, and to promote and maintain public safety. To meet these goals, we dedicate ourselves to achieving world-class safety standards.

Position Classification

Exempt

FirstEnergy Human Resources Team

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