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ASPIRE TO POWER YOUR FUTURE

At Calpine, we give you the tools you need to chart your own career path in an engaging, fast-paced environment where you can learn from power industry leaders.

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Requisition Number 20-0170
Title Director Compliance
City Houston
State TX
Job Family Legal
Shift Days
Employee Type Regular
Subject to DOT Regulations No
Percent of Travel Required 0
Relocation Provided No
Location Houston Office
Description Job Summary:

Seeking a Compliance Director with experience working with independent power industry regulatory reporting. As a member of the Compliance team for a large independent power producer, this candidate will work with commercial operations and settlements to ensure compliance with rules set forth by the various external regulatory organizations, including state Resource Adequacy and Renewables Portfolio Standard reporting, various other state reporting requirements, and FERC electric wholesale energy and natural gas transaction reporting,

Responsible for the effective implementation of the organization's compliance reporting activities with an emphasis on state reporting including resource adequacy, renewables portfolio standard, and California Air Resources Board Greenhouse Gas Emissions reporting and trading operations. Responsible for technology & processes utilized to assemble the various regulatory reports provided to external regulators and Swap Data Repositories. This would include managing any accuracy checks. Candidate will use a deep analytical skill set to leverage deal life cycle events and understand how that impacts reports, risk and compliance analytics. Should be comfortable with reviewing, documenting, investigating, and evaluating transactions in support of Calpine’s Compliance activities. Knowledge of commercial business model, Swap Data Repository reporting and wholesale/retail trading will be critical to applying any interpretative guidance regarding commercial compliance and related compliance analytics. Works to execute on department objectives and integrates regulatory reporting standards into compliance area. Will work closely with peer level operational management in providing advice on the interpretation and implementation of compliance policies and in evaluating the compliance implications of planned business activities or process changes. Also responsible for ensuring effective remediation of non-compliant situations within its assigned areas, through the re-design or processes and testing of their effectiveness.

Essential Responsibilities:
-As a member of the Compliance team for a large independent power producer, the candidate will work with commercial operations and settlements to ensure compliance with rules set forth by the various external regulatory organizations, including FERC, CFTC, the California Energy Commission (CEC), and various state public utilities commissions, including the CPUC and PUCT.
-Serve as a liaison between the company and regulatory entities on compliance-related needs including but not limited to reporting requirements.
-Participate in the development, implementation, and maintenance of company compliance efforts which cover procedure updates, evidence gathering and management, and tracking of requirements and reporting established by external agencies.
-Plan, develop, and implement training programs for commercial desk personnel to ensure compliance with rules established by the various regulatory agencies.
- Collaborate with subject matter experts to prepare responses to regulatory requests for information, including but not limited to compliance audits, spot-checks, and self-certifications.
-Conduct departmental self-assessments to identify gaps and work with applicable personnel to implement mitigation plans to address potential concerns in a timely manner.
-Research new and emerging regulatory activities affecting the company and update impacted business groups and Senior Management as needed.
-Facilitate company outreach to promulgate information related to the Compliance Program to ensure that affected Parties are knowledgeable and up-to-date with all requirements.
- Assist deal clearing in the confirmation and tie-out of Financial Swaps as reported into the Swap Data Repository versus Allegro, Calpine’s ETRM system.
- Work with the Allegro team to enhance existing Dodd Frank reporting and monitoring (e.g., deminimis, special entity and PET event managing).
-Assist in the development, tracking, calculating and reporting of corporate compliance metrics to Senior Management.
-Demonstrate adherence to the company’s Code of Conduct, all company policies and procedures, and all laws and regulations that govern the company.
-Some travel required to participate in industry forums, and also to regional offices/plant sites to perform compliance assessments, gap analyses, mock audits, audit preparation and training of plant personnel.
-Perform other duties as assigned.
Requirements - Bachelor’s Degree required with at least ten years combined experience working in an energy trading arena and/or compliance related field.
- Demonstrable capability in excel, VBA, data mining, analytical forecasting, programming (Java, J2EE, C/C++, .Net, PL/SQL, R) and database systems such as NoSQL, SQL Server and Oracle.
- Experience managing compliance issues with regulations approved by FERC ISOs/RTOs, and state agencies.
- Experienced and familiarity with the data fields associated with Regulatory reporting to FERC, ISO/RTO, State PUCs and Swap Data Repositories such as Trade Vault and DTCC.
- Data and position analysis background in energy trading, specifically natural gas and power
- Data mining experience and Cube experience relating to Allegro or other comparable Energy Trading and Risk Management system
- Occasional attendance at regulatory conference.

SPECIFIC SKILLS AND KNOWLEDGE REQUIRED
- Ability to analyze large amounts of data and compile information as evidence to demonstrate compliance with applicable regulatory requirements.
- Excellent writing and analytical skills and an ability to communicate information in both formal and informal settings.
- Experience working with front office personnel
- Thorough knowledge of English composition principles and familiarity with technical industry terminology.
- Strong interpersonal skills and ability to work in both team environments and independently.
- Ability to manage multiple deadlines and set work priorities accordingly.
- Proficiency with Office applications.
- Strong organizational skills and attention to detail.
  • Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.
  • Calpine is committed to Equal Employment Opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment and need special assistance or an accommodation to use our website or to apply for a position, please send an e-mail with your request to hrrecruitment@calpine.com. Determination on requests for reasonable accommodation are made on case-by-case basis.
  • Please view Equal Employment Opportunity Posters provided by OFCCP here.
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