Sr Market Auditor

  • Full-time

Company Description

The California Independent System Operator (ISO) manages the flow of electricity across the high-voltage, long-distance power lines that make up 80 percent of California's power grid. We safeguard the economy and well-being of 30 million Californians by "keeping the lights on" 24/7.

As the impartial grid operator, the California ISO opens access to the wholesale power market that is designed to diversify resources and lower prices. It also grants equal access to 25,865 circuit-miles of power lines and reduces barriers to diverse resources competing to bring power to customers.

The California ISO's function is often compared to that of air traffic controllers. It would be grossly unfair for air traffic controllers to represent one airline and profit from allowing that company's planes to go through before others. In the same way, the California ISO operates independently—managing the electron traffic on a power grid we do not own—making sure electricity is safely delivered to utilities and consumers on time and reliably.

Job Description

Under the general direction of the Manager, conducts market and operational focused internal audits in accordance with accepted professional practice standards to determine compliance with ISO policies and procedures, regulations and industry best practices.  Reviews processes, evaluates internal controls and makes recommendations to improve processes and strengthen controls when deficiencies are identified.  Prepares comprehensive audit reports summarizing the audit scope, results of test work, findings and recommended corrective actions.  Performs follow-up reviews on items identified in issued audits to ensure corrective actions have been implemented.

What's In it for You

Our purpose is to lead the way to tomorrow's energy network. Make a difference and impact millions of people who depend on electricity in their everyday lives.

  • You get to work on interesting and challenging assignments that will help grow your skill set.
  • You will work in an extremely collaborative environment inside our LEED certified Folsom, California campus.
  • You will be challenged, be a part of a winning team, and your contributions will be rewarded and recognized.

What You Will Be Doing

  • Performs assigned audit engagement tasks, including kickoff and planning documentation, developing risk and control matrices, developing and executing audit programs, documenting evidence to support audit conclusions, and preparing written audit reports.
  • Provides consulting services and special projects, as requested, to assist management in meeting its objectives while maintaining independence and objectivity.  
  • Supports business units in identifying and evaluating process controls and advocates for sound process controls.
  • Conducts follow-up audits to ensure audit recommendations have been implemented and prepares memos summarizing the results of activities.
  • Continually evaluates and enhances the internal audit framework and processes.
  • Adheres to the corporate records management policies, procedures and guidelines, including the approved records retention schedule. 
  • Maintains records using approved corporate tools, and stays abreast with required training.
  • Participates in developing the annual internal audit risk assessment and audit plan.

Qualifications

 

    Level of Education and Discipline

    • A Bachelor’s degree (BA, BS) or equivalent education, training or experience in Engineering, Operation Research, Economics, Finance, or related field.  

    Amount of Experience:

    • Equivalent years of education and training, plus five (5) or more years related experience.

    Certifications:

    • NERC System Operator Certification preferred.

    Type of Experience:

    • Familiarity with production costs models, database structures, and electric market operations and performance, including ISO settlement processes and the design and operation of California or Western energy markets and knowledge of NERC and WECC Reliability Standards.
    • Analytical tool experience (e.g. Excel) and programming (SQL, SAS, ACL, etc.) preferred.
    • Experience in auditing, quality assurance, root cause analysis and project management is desirable.

    Additional Skills and Abilities:

    • Must be able to work effectively in a team environment as facilitator and team member.
    • Excellent analytical, verbal and written communication and documentation skills required, with a demonstrated attention to detail.
    • Ability to use deductive reasoning and analytical thinking with sound judgment and decision-making skills.  
    • Excellent interpersonal and conflict resolution skills are also essential.  
    • Must be self-starting and willing and able to work independently in a dynamic corporate organization under pressure of tight deadlines and aggressive expectations.  
    • Self-motivated, problem solving skills and the ability to influence others without direct authority.

    Additional Information

    We will also consider applicants for a Lead Market Auditor position. This position requires a Bachelor's degree or equivalent education, training or experience in Engineering, Operation Research, Economics, Finance, or related field and six (6) years of experience. Master’s degree preferred.**