Regulatory Analyst

Regulatory Analyst (Transmission Pricing & Rates) (All Levels)

ESSENTIAL DUTIES & RESPONSIBILITIES

All Levels Supports the administration of current formula rate tariffs/templates; assists with training to support all functions within the Regulatory department. Participates in process development to ensure timely and accurate posting of formula rates, true-ups and related disclosures and/or information requests, including protocol inquiries and challenges; works cooperatively with appropriate subject matter experts and keeps all informed of impending deadlines. Gains knowledge on tariff rate design, revenue requirement component build-up, regulatory accounting, revenue distribution and regional revenue requirement recovery; works with the Accounting and Finance groups on all transmission rate issues. Monitors federal transmission rate initiatives to stay informed; provides research, analysis and interpretation of regulatory filings concerning rates; reviews industry publications, participates in industry groups and conferences to stay informed. Develops reports to meet management requests for regulatory-related information. Perform economic analysis of regulatory alternatives including effects on rate base, income cash flow, unit costs, financial accounting and formula rates. Applies fixed charge rates for use in formula rates, contracts and cost sharing agreements. Supports the company's compliance with all Federal Energy Regulatory Commission (FERC) rules and regulations, including the timely submission of reports and filings. Participates in meetings with regulators and/or other relevant stakeholders as needed. Supports the development and review of regulatory rate filings, drafting of testimony and briefs and processing of discovery questions. Serve as case manager to lead administrative and strategic development efforts for regulatory filings with company personnel, consultants, outside counsel and others as needed. Assists in delivering presentations to regulators and their staffs, stakeholders/customers, industry/trade associations, consumer groups and other utility professionals.

Senior Level: Supports pricing, ratemaking and tariff development efforts by performing research, creating proposals and advocating before stakeholders and regulatory bodies to achieve company objectives. Becomes a subject matter expert on tariff rate design, revenue requirement component build-up, regulatory accounting, revenue distribution and regional revenue requirement recovery; provides guidance to the Accounting and Finance groups on all transmission rate issues. Assists, as directed, with preparation of filings, true-up calculations and required tariff submissions to Regional Transmission Organizations (RTOs) for company subsidiaries and subsequent inquires on such filings. Verifies compliance with associated standards, including established submission timelines. Works with business units to formulate and communicate strategies in response to regulatory filings and orders impacting ITC's rates; researches, analyzes and interprets data and disseminates information on rates and the impact on the company.

REQUIREMENTS Bachelor's degree in Accounting, Finance, Business, Economics, Engineering, Political Science, Mathematics or relevant, equivalent experience and/or education.

Associate Level : Some experience as a Regulatory Analyst or similar responsibility Intermediate Level : Minimum of two (2) years of experience as a Regulatory Analyst or similar responsibility required. Senior Level:

Minimum of five (5) years of experience as a Regulatory Analyst or similar responsibility.

Strong quantitative and analytical skills; ability to thoroughly research issues and analyze various types of information. Ability to communicate effectively (both verbally and in writing) and establish rapport with colleagues, regulators, stakeholders/customers and other individuals inside and outside the company. Strong interpersonal skills including the ability to interact with internal and external legal counsel to respond to various regulatory issues and timelines that may inconvenience their normal work duties. Ability to understand and interpret the effects of FERC along with various state utility commission rules and regulations on the company. Ability to work in a constantly changing environment and capable of managing multiple projects and tasks and ensuring their timely completion. Ability to work as part of a team. Ability to travel for company business, including overnight stays (occasional, not regular travel). Advanced knowledge of computer software applications such as Microsoft Word, Excel, Outlook and PowerPoint. Applicants must be authorized to work in the United States for any employer. ITC does not sponsor employment visas, such as H-1B or TN visas. About this Employer

ITC HOLDINGS CORP. is the largest independent electricity transmission company in the United States. ITC provides transmission grid solutions to improve reliability, expand access to markets, allow new generating resources to interconnect to its systems and lower the overall cost of delivered energy. Through its regulated operating subsidiaries ITCTransmission, Michigan Electric Transmission Company, ITC Midwest and ITC Great Plains, ITC owns and operates high-voltage transmission infrastructure in Michigan, Iowa, Minnesota, Illinois, Missouri, Kansas and Oklahoma, and in development in Wisconsin. These systems serve a combined peak load exceeding 26,000 megawatts along 16,000 circuit miles of transmission line, supported by 700 employees and 1,000 contractors. ITC is based in Novi, Michigan. For further information visit www.itc-holdings.com. ITC is a subsidiary of Fortis Inc., a leader in the North American regulated electric and gas utility industry. Your access to Member Features is limited. Subscribe to the Job Watch newsletter - delivering updates on new jobs.

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