Senior Advisor Asset Management & Investment

Status: Regular Full Time 
Working Conditions: Hybrid Working Environment     
Education Level: 4-year University Degree, plus 1-year concentrated study
Base Location: Oshawa, ON 
Temporary Work Location: Toronto, ON  
Number of Position(s):1 
Travel: Yes- 10%
Deadline to Apply: November 29 2024
Salary Range: $2,775.61 - $3,220.98 Per Week

Electrify your career and help build a brighter tomorrow.

Every generation has a challenge that defines them. At OPG, we are calling on all innovators, disruptors, thought leaders and change-makers. Join us to electrify life in one generation and build a sustainable future powered by our electricity, our ideas, and our people. Join OPG and make history.

Whether you work in the skilled trades or are a business professional, a career at OPG is an opportunity to electrify your life on -- and off -- the job.

ACCOMMODATIONS
OPG is committed to fostering an inclusive, equitable, and accessible environment where all employees feel valued, respected, and supported. If you require accommodation during the application or interview process, please advise us as soon as possible so appropriate arrangements can be made.

If you require information in a format that is accessible to you, please contact AODA@opg.com 

This position is moving to OPG Corporate Headquarters: In Summer 2025, OPG will officially welcome employees to our new Corporate Headquarters located at 1908 Colonel Sam Drive, Oshawa, Ontario. This new space will enable teamwork, collaboration and innovation that will help us to achieve our mission to electrify life in one generation. This position will be temporarily based in Toronto, ON until the move to Headquarters in the Summer of 2025.

JOB OVERVIEW

Ontario Power Generation (OPG) is looking for a dynamic, strategic and results-driven professional to join our team in the role of Senior Advisor Asset Management & Investment.

Reporting to the Senior Manager - Investment Management to support maximizing the profitability of investment decisions by operationalizing approved investment processes, developing new processes and tools as required and providing expert help for implementation across OPG.

This is an exciting opportunity to work in an environment where you will contribute to OPG’s public outreach, engagement and education efforts as part of the company’s commitment to growing its social license. 

KEY ACCOUNTABILITIES 

• Maintain processes, procedures, and tools in support of corporate Asset Management and Investment Management Framework and recommend enhancements for improving planning, programming and investment decision processes across OPG
• Provide business case assessment and post project review capability. If necessary, facilitate multi-disciplinary teams in conducting reviews, such as comprehensive post implementation reviews (PIR) on selective major projects
• Provide advice and guidance in the application of the Asset Management and Investment Management Framework and monitor for compliance across OPG
• Support manager to develop corporate wide asset management and portfolio management process consistent with corporate strategies for the development of an integrated OPG strategic investment plan
• Maintain internal lessons learned and best practices knowledge in support of investment decision framework
• Apply excellent understanding of the ISO055000 international standards on asset management to influence asset management program development
• Maintain and keep current the corporate Investment Management Framework including processes, procedures and supporting toolkits for Business Case Summaries, Post Implementation Reviews and Life Cycle Planning
• Undertake independent comprehensive assessments, financial evaluations, investigations, analyses and prepare reports, briefings/presentations, and recommendations on OPG projects and investment initiatives
• Provide guidance in terms of past practice/precedent and new methods and approaches
• Judgement is often required for analysis of the data, synthesis of stakeholder inputs and drawing of conclusions/recommendations based on known and unknown factors
• May also involve visits to similar projects external to OPG for purposes of benchmarking results and exchanging of key lessons learned
• In the review of very complex projects, determine the need for and coordinate the efforts of external consultants and experts in specialized subject areas when necessary
• Provide advice and guidance to line groups in Nuclear, EP, CIO and Corporate Functions on the proper application of corporate Asset Management and Investment Management Framework procedures on planning, programming and decision analysis methods
• Monitor and take steps to ensure compliance with Asset Management and Investment Management Framework
• Provide periodic reports to senior management on key results and lessons learned across OPG
• Develop mitigation strategies and implement plans as necessary to ensure compliance and corporate requirements are met
• Stay abreast of industry best practices and new technical methods and recommend alternatives for improving OPG investment processes
• Provide advice on investment decisions and strategic initiatives, which have operational, financial, public relations, environmental, health and/or safety implicationsProvide expert technical direction in assigned area of expertise and responsibility
• Consolidate in-flight project portfolio forecasts and forecasts of candidate projects. Integrate forecasts for business planning, including forecasts of capital expenditures, capital in-service amounts, project OM&A and provision.
• Support asset management processes, including software tool configuration, governance, data maintenance, validation, and quality control checks, risk assessment, portfolio optimization, reporting, information sharing with key stakeholders and addressing stakeholder feedback.
• Support project-related governance preparation, support & submissions, variance analysis, interrogatory and other requests as necessary.
• Provide user training and rollout on Asset Management and Investment Management processes, procedures, and tools.
• Other Duties as Required

EDUCATION

• A 4-year University degree in Business, Commerce, Economic, Finance, Accounting or Actuarial Science
• Professional Accounting or Certified Financial Designation or a PMP/MBA required

 
QUALIFICATIONS

• Ability to work effectively and efficiently in a flexible hybrid office environment. 
• 6-8 years of demonstrated relevant hands-on experience
• Requires experience to have gained a practical knowledge of electricity fundamentals, electrical industry, power system operation and optimization, transmission and interconnection systems, generation and environmental technologies, market rules, market dynamics, market behaviors and economic principles to support maximizing the profitability of OPG investment decisions. 
• Requires experience to have acquired an understanding of engineering programs and standards, investment processes and tools, programming and planning processes. 
• Requires experience in the use of analytical tools to prepare project and risk evaluations and assessment reports. 
• Requires a strong strategic and external focus to be able to see the broad perspective of an issue and to identify and analyze critical business issues. 
• Requires experience with various analytic techniques, analysis practices and methods and to effectively integrate information from a number of sources and business perspectives. 
• Requires highly developed interpersonal skills to obtain co-operation both inside and outside the company, and to make persuasive and effective presentations to staff, senior management and external audiences. 

The successful candidate will exhibit uncompromising integrity and commitment to upholding corporate values, and the OPG Code of Business Conduct.

What Makes a Career at OPG Different?

As Ontario’s largest clean energy generator, we’re building, expanding, and innovating the equipment and technology that keeps Ontario powered with clean, reliable energy. 

At OPG, our values are our strengths.  They are fundamental truths about our organization that don’t change:  
Safety – it’s our business
Integrity – always lead with integrity
Excellence – never satisfied with good enough 
Inclusion – working together for powerful outcomes
Innovation - creativity accelerates possibility

Here's why OPG might just be the ideal workplace for you:

• Exceptional range of opportunities province-wide
• Long-term career growth and development opportunities
• Electricity is vital to the province and OPG’s clean electricity is helping decarbonize other sectors.

Our promise to you:

• We care about the safety and the well-being of our employees. It is our utmost priority.
• A supportive work environment where you can be your best every day.
• Opportunities to stretch and develop.
• Offer different ways for you to give back to communities where we operate.
• Partner with Indigenous communities and support local businesses.
• We support employment equity, diversity and inclusion.

Are you ready to start a career that has the power to electrify life on and off the job? Apply now.

APPLICATION PROCESS
Please submit your application online at https://jobs.opg.com/ by 11:59 PM E.S.T., November 29 2024.  OPG thanks all those who apply; however, only candidates considered for an interview will be contacted.
#LI-Hybrid

.

The base salary range considers many factors including, but not limited to experience, education, and training, including any collective agreement requirements for union represented positions. It is not typical for the salary to be offered near the top of the range, and salary is dependent on numerous factors. For management roles, the base salary range does not represent the total compensation package. The total compensation package for regular full-time management roles includes pay-for-performance programs for annual and medium time periods. Maintaining a high-performance culture and excellence is a core expectation of every member of our leadership team and is rewarded through the established compensation framework.

OPG is committed to employment equity. As such, we encourage applicants from equity-seeking communities (Indigenous Peoples, racialized persons, persons with disabilities, and women). We strongly believe that alleviating the under-representation of equity-seeking individuals will create a stronger OPG team and allow us to better serve the needs of our diverse communities.

In order to fulfill the above-mentioned purpose, priority in hiring may be given to qualified persons who self-identify as a member of equity-seeking groups as identified in the application process. This initiative constitutes a special program under the Human Rights Code/Canadian Human Rights Act.