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Regulatory Analyst 3

Company: State of Washington
Location: Olympia
Posted on: June 7, 2021

Job Description:

WASHINGTON UTILITIES AND TRANSPORTATION COMMISSION

Respect. Professionalism. Integrity. Accountability.

Help protect the consumers of Washington state!

The Washington Utilities and Transportation Commission (UTC) is anticipating the need for two experienced and/or entry level Regulatory Analysts to conduct sophisticated economic evaluations of utility company filings regarding resource acquisition. The Conservation and Energy Planning (CEP) section assesses whether utilities acquire clean energy resources at the lowest reasonable cost. The section leads the agency's analysis of a variety of utility resource plans and analyzes issues in rate cases and tariff filings. CEP advises the utilities and the commission on the implementation of various utility resource plans. CEP also engages in workshops and rulemakings on the appropriate regulatory status of unique issues such as demand response. This recruitment will remain open until a sufficient number of qualified candidates have applied. However, we reserve the right and may exercise the option to make a hiring decision or close this recruitment at any time after seven calendar days. First review of applications to begin on May 31, 2021. It would be in the applicant's best interest to apply as soon as possible.

 Regulatory Analyst 1 (RA 1) or Regulatory Analyst 2 (RA 2) In-Training

This is a Regulatory Analyst 3 (RA 3) position; however, the position may be filled at the RA 1 or RA 2 level as an in-training appointment to the RA 3 level. The salary for the RA 1 is $4,188 to 5,494 per month. The salary for the RA 2 is $5,102 to $6,691 per month.

 

 

About the UTC and Employer Initiatives

The UTC regulates the rates, services, and practices of private or investor-owned utilities and transportation companies.

 

The UTC is continually recognized for its excellence and integrity as a utility and transportation regulatory agency, as we challenge the status quo and ourselves.

 

At the UTC, we recognize that our employees are the key to the agency's success. We are committed to our work, but value the balance with our personal lives. We demonstrate our commitment to employees by providing an environment that stimulates professional growth, continued learning opportunities, offers meaningful work and a comprehensive benefits package. For more information about benefits, please visit http://www.utc.wa.gov/aboutUs/careers/Pages/Working-at-UTC.aspx.

 

The UTC is a great place to work and has implemented several, and is developing additional, initiatives that create a great working environment, including:

 

  • We have modernized our workplace with workspaces that promote creative thought, innovation, and collaboration among co-workers, and improved building security and employee safety. In response to the COVID-19 pandemic, the UTC has supported extensive telework arrangements across the agency.
  • We support a healthy work/life balance by offering flexible/alternative work schedules and mobile and telework options. (Depending on job duties).
  • We have a formal mentoring program to provide and encourage employee growth and development, while also promoting informal mentoring relationships and sharing of knowledge across the commission.
  • We have an Infant at Work Program that is based on the long-term values of breastfeeding newborns and infant-parent bonding. Eligible employees who are new mothers, fathers, or legal guardians can bring their infant (six weeks to six months and in limited circumstances, up to nine months old) when returning to work. (Depending on job duties and work location).
  • We have an engaging wellness program which focuses on all nine elements of wellness: spiritual, physical, social, environmental, occupational, emotional, intellectual, nutritional, and financial. The UTC has received the state's Zo8 award the past five years for our achievements in building a sustainable wellness program. We also have on-site shower rooms/lockers with close proximity to several fitness centers in the area.
  • We have a comprehensive continuous improvement program focused on using Lean tools and principles to solve problems and continuously improve work processes. 
  • We use a structured, data-driven Lean Management System methodology to manage the core work and key initiatives of the commission and provide employees with a clear line of site from their daily work to the agency level key goals, outcomes, and core processes. 
  • We value diverse perspectives and employ people of all backgrounds. We are actively involved in promoting diversity, equity, and inclusion within the UTC by way of a cross-divisional, collaborative committee. The focus of the committee includes employee engagement and education; reinforcing UTC values; and maximizing the value of diversity and identifying strategies for inclusion.

 

 

For more information about the UTC, see our website www.utc.wa.gov - or visit www.twitter.com/wautc and www.facebook.com/wautc.  

 

 

 

 

 

 What will you be doing? - Duties include:

 

  • Conducts sophisticated economic evaluations of utility company filings regarding conservation goals that conform with Washington statutes; the attainment of previously determined conservation targets; the prudence of investments in generation and distribution facilities; the portfolio of energy resources to meet future service needs; complex pricing proposals designed to promote conservation; the introduction of new services; and plans to support low-income customers.
  • Uses economic analysis to create recommendations to senior management and commissioners. Independently develop written testimony that is filed in highly contentious legal proceedings where the incumbent is required to provide expert testimony and be cross-examined by counsel for those parties who oppose the incumbent's recommendations.
  • Manages stakeholder involvement in developing policies that address emerging issues such as alternative resources and distributed generation, the enhancement of infrastructure reliability and to analyze other policies that promote the public interests of Washington citizens.

What we're looking for:

 

The ideal candidate will have the following required qualifications:

 

Required experience/education - Regulatory Analyst 3:

 

Bachelor's Degree involving major study in business administration, accounting, finance, economics, or relevant field, such as operations analysis, econometrics, mathematics, statistics, engineering, environmental planning, or similar quantitative field. In rare situations, an individual without the requisite degree may qualify by demonstrating knowledge and abilities equivalent to the degree that have been attained through a combination of work experience and education.

 

Four years of experience performing professional-level research and analysis or policy development. An advanced degree may substitute for one year of the required experience.

 

Completion of the Regulatory Analyst 1 level part of the in-training program will substitute for two years of the required experience.

 

Required competencies - Regulatory Analyst 3:

 

Must have the ability to present information during public open meetings and to testify and undergo cross-examination in formal legal proceedings.

 

Influencing for voluntary compliance - Effectively persuades others to voluntarily accept recommendations or advice.

 

Demonstrated knowledge of theory and practice of one or more of the following: Energy policy analysis; program analysis; advanced methods of micro and macroeconomics; energy economics; market research techniques and analysis; statistical research and advanced statistical techniques; operations research methods; econometric modeling or analysis; spatial analysis; or cost-benefit analysis.

 

Regulatory Principles - Knowledge of legal, economic and regulatory framework in which regulated companies operate. Knowledge of state and federal laws, commission rules and regulations, and regulatory theory and principles pertaining to regulation of companies in assigned area. Knowledge of financial and GAAP or accounting methods prescribed for industries regulated by other governmental agencies. Knowledge of regulated industry business activities, legal constraints and trends and completed complaint actions.

   

Required experience/education - Regulatory Analyst 2:

 

Bachelor's Degree involving major study in business or public administration, accounting, finance, economics, or relevant field such as operations analysis, econometrics, mathematics, statistics, engineering, environmental planning, or similarly quantitative field. In rare situations, an individual without the requisite degree may qualify by demonstrating knowledge and abilities equivalent to the degree that has been attained through a combination of work experience and/or education.

 

Three years of experience performing professional-level research and analysis or policy development.   An advanced degree may substitute for one year of the required experience.

 

Required competencies - Regulatory Analyst 2

 

Influencing for voluntary compliance - Effectively persuades others to voluntarily accept recommendations or advice.

 

Demonstrated knowledge of theory and practice of one or more of the following: Energy policy analysis; program analysis; advanced methods of micro and macroeconomics; energy economics; market research techniques and analysis; statistical research and advanced statistical techniques; operations research methods; econometric modeling or analysis; spatial analysis; or cost-benefit analysis.

 

Required qualifications - Regulatory Analyst 1

 

Bachelor's Degree involving major study in business or public administration, accounting, finance, economics, or relevant field such as operations analysis, econometrics, mathematics, statistics, engineering, environmental planning, or similar quantitative field. In rare situations, an individual without the requisite degree may qualify by demonstrating knowledge and abilities equivalent to the degree that has been attained through a combination of work experience and/or education.

 

Required Competencies - Regulatory Analyst 1:

 

Influencing for voluntary compliance - Ability to effectively persuade others to voluntarily accept recommendations or advice.

 

Demonstrated knowledge of theory of one or more of the following: Energy policy analysis; program analysis; advanced methods of micro and macroeconomics; energy economics; market research techniques and analysis; statistical research and advanced statistical techniques; operations research methods; econometric modeling or analysis; spatial analysis; or cost-benefit analysis.

 

Required Competencies - All Levels

 

Communication Skills -  ability to convey clear, timely, persuasive messages; clearly and effectively communicate with individuals and groups within and outside of the organization, both orally and in writing; present ideas effectively in formal and informal situations; effectively translate complex or technical concepts into messages others can readily understand and grasp; keep supervisor and co-workers informed of need-to-know items; share complete and accurate information with others; and ability to present information in public settings.

 

Reading and Writing - ability to read, comprehend, and accurately interpret written material, including complex financial and/or legal information; edit written material to improve its clarity, organization, and compliance with the rules of English and the commission's Plain Talk principles and Style Guide.

 

Critical Thinking - ability to make sound decisions in a consistent and impartial manner; accurately assess situations and determine an effective course of action in light of guidelines/procedures; and consider changing technology and its effects on the regulated utility.

 

Judgment and Problem Solving - ability to recognize problems and assist in developing and implementing appropriate solutions; develop, negotiate, and advocate appropriate compromises or settlements between stakeholders; evaluate issues from multiple stakeholder perspectives; judge or infer appropriate responses to a set of information on the basis of clear guidelines or procedures.

 

Analytical Skills - ability to use data and information in a clear and rational thought process to assess and understand issues, evaluate options, form accurate conclusions and make sound decisions and policy recommendations; thoroughly investigate and accurately analyze complex financial concepts and accounting data; identify and investigate key facts in an array of complex consumer issues, and financial, accounting, technical, and operational data; recognize when pertinent facts are incorrect, missing, or require supplementation or verification; distinguish information that is not pertinent to a decision or solution and determine whether additional information would be useful or necessary; form accurate conclusions and make appropriate recommendations regarding actions to be taken.

 

 

Although not required, preference may be given to candidates who have the following desired qualifications:

 

All Levels:

 

Master's degree in a quantitative discipline, such as operations analysis, economics, mathematics, statistics, environmental planning, business administration, or similar quantitative field; or a Bachelor of Science degree in electrical or mechanical engineering.

 

Ability to develop and understand forecasting models (RA 1 and RA 2).

 

Three years of experience and demonstrated ability to develop and understand forecasting models (RA 3).

 

Demonstrated subject matter expertise consisting of theory and/or practice of one or more of the following: production cost modeling; cost of service studies; rate design; integrated resource planning; analysis of environmental issues such as externalities or avoided costs; energy forecasting; evaluation, measurement and verification of conservation energy savings; implementation of conservation programs; energy conservation potential; infrastructure planning and design; renewable resources; electric distribution or transmission system design, operations and reliability; energy supply and demand planning; infrastructure expansion, replacement, protection, and life extension policies and procedures; development or deployment of distributed generation or demand response technologies; or low-income assistance programs.

 

Computer skills - Understands and is able to efficiently use MS Word and Excel. Willing and able to learn other programs used by the UTC. Analyzes data and generates reports using a variety of software tools. Demonstrated skills using one or more of the following: production cost modeling software; statistical software packages; geographic information systems (GIS) software or other proprietary modeling software packages.

 

Regulatory Principles (desired for RA 1 and 2; required for RA 3) - Knowledge of legal, economic, and regulatory framework in which regulated companies operate. Knowledge of state and federal laws, commission rules and regulations, and regulatory theory and principles pertaining to regulation of companies in assigned area. Knowledge of financial and GAAP or accounting methods prescribed for industries regulated by other governmental agencies. Knowledge of regulated industry business activities, legal constraints and trends and completed complaint actions.

Conditions of Employment/Working Conditions:

 

These positions are included in the Washington Federation of State Employees bargaining unit.

 

Conflict of Interest: RCW 80.01.020 limits the commission's ability to employ any person who owns stock in any company the commission regulates or is otherwise financially interested in such company.

 

 

Application Process:

 

Jobs advertised as Open Continuous may be closed without notice. It is to your advantage to apply as soon as possible.

 

Read the instructions below carefully before following the "Apply" link above. 

 

In addition to completing the online application and Supplemental Questions, applicants must attach the following documents to their application to be considered for this position:

 

  • A letter of interest explaining how you meet the qualifications of this position. 
  • A current resume detailing experience and education.
  • A list of three professional references with current telephone numbers, including your current or most recent supervisor (or you may include this information in the Reference section of your application). A professional reference is defined as an individual who has been paid to supervise your work and can attest to your work performance, technical skills, and job competencies. If you do not have any or sufficient professional references, please include non-related professionals, such as educators or other professional associates.

 

 

READ THE FOLLOWING INFORMATION COMPLETELY: 

  • Carefully review your application and other documents requested (e.g., cover letter and resume) for accuracy, spelling, and grammar before submitting.
  • The initial screening of applications will be solely based on the contents and completeness of the "work experience" and "education" sections of your application in www.careers.wa.gov; completeness of your resume, cover letter, and any other materials submitted as part of the application process; and responses to the supplemental questionnaire.
  • A resume will not substitute for completing the "work experience" section of the application.

 

Only complete applications will be considered. All information may be verified, and documentation may be required. You may be disqualified if your education and/or work experience does not include information used to: 1) Meet the minimum qualifications of the job, and 2) support your answers to the supplemental questions.

 

 

Visit these links to learn more about:

the state of Washington http://access.wa.gov,

the Olympia area www.co.thurston.wa.us or

www.Olympiawa.gov

 

The Utilities and Transportation Commission is an equal opportunity employer. We strive to create a working environment that includes and respects cultural, racial, ethnic, sexual orientation and gender identity diversity. Women, racial, and ethnic minorities, persons with disabilities, persons over 40 years of age, disabled and Vietnam era veterans and people of all sexual orientations and gender identities are encouraged to apply. Persons needing accommodation in the application process or this announcement in an alternative format may contact Mandy.Garcia@utc.wa.gov. For TTY service, please call the Washington Relay Service at 7-1-1 or 1-800-833-6384.

Keywords: State of Washington, Olympia , Regulatory Analyst 3, Other , Olympia, Washington

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