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Compliance Manager

Reports To: AVP Asset Management
Location: San Diego, CA based- HYBRID position.

Core Duties:

For project companies under the management of EEA’s Operations and Asset Management division, lead coordination of all activities required to maintain compliance with governing project documents, regulatory bodies, partners, lenders and tax authorities. Create schedules, procedures and recurring and adhoc reports to ensure full compliance obligations/deadlines are met. 

Functional Duties:

  • Ensure mutual compliance with all contractual and legal obligations pursuant to agreements between EEA and financial stakeholders and regulatory entities, including:
    utilities/PPA counterparties/energy off-takers

    • equity partners
    • lenders
    • landowners
    • site contractors
    • federal, state and municipal entities
  • Research and review executed agreements, historically completed tasks and reports, and monitor communications received from regulatory entities or market/sector websites.  Grow into role as in-house subject matter expert on all activities needed for project companies to maintain compliance with such regulatory bodies. Develop, maintain, coordinate, oversee, and report on plan/s, schedule/s for satisfying compliance obligations 

Requirements:

  • Undergraduate Degree
  • Travel up to 25%
  • Able to commute and work in the San Diego office on a hybrid schedule

Key Experience and Skills:

  • At least 5 years’ energy sector foundation in contract, regulatory, financial, or compliance management. Renewable Energy industry experience preferred
  • Professional certifications relevant to the role including business oversight (MBA etc), contract management, or project management (PMP etc) will be preferred.
  • Exceptional organizational skills. Ability to develop plan/s, schedule/s, track and report progress of and prioritize a multitude of projects with varying deadlines, without letting items “slip through the cracks”
  • Rigorous attention to detail. Ability to parse complex contractual and regulatory language down into concise, actionable conclusions and provide summary to management team including due dates and person/s responsible.
  • Excellent written, oral and presentation communication skills. Ability to communicate effectively across departments, and identify the pertinent details within complex topics to relay action items in a clear and understandable manner on weekly and adhoc basis.
  • Experience with structured finance / project finance business design and underlying functional contracts (PPAs/Interconnection, grid operations, energy regulations, complex long-term contracts)

Essential Job Responsibilities

    • Compliance coverage of recurring duties explicit in long-term contracts
    • Ensure project company-level cash management decisions are executed in accordance with the terms and conditions of the applicable financing agreement, including:
      • Withdrawal/Transfer Certificate creation & delivery
      • Direction of cash movement between collateral accounts
      • Verification of Borrower covenant compliance
    • Collaborate with EEA’s Legal and Operations groups to ensure accurate and timely completion of required reporting to lenders, equity partners and regulatory entities.
    • Execute / oversee accurate and timely completion and delivery of:
      • PPA invoices to power purchasers
      • Lease payments to project landowners
      • Tax Filings (aside from income tax), such as general excise tax, property tax, etc.
      • Notices and other contractually required communications to site contractors
      • Federal, State and Municipal regulatory obligations
    • Track and report obligations of EEA’s contract counterparties, advocate for EEA’s best interest and ensure counterparties are holding up their end of the bargain. Review reports and other deliverables received for accuracy and completeness
    • Monitoring and stewardship of evolving regulatory requirements of wind and solar plants in the U.S.
    • Act as point person (i.e. “Authorized Representative” or similar) on behalf of project companies for all communications with regulatory bodies such as ERCOT, FERC, NERC, Market Operator (CAISO, ERCOT, etc.), and Public Utilities Commissions where power plants are located (California, Texas, Hawaii, etc.) .
    • Coordinate and document Eurus Operations and Legal groups’ project management activities (plans, processes, response, and schedules) for Legal Operations and Asset Management groups to execute in order to maintain contractual and regulatory compliance. Monitor progress, provide reports on status to ensure plans are and deadlines are met.
    • Note key regulatory changes within specific markets through research and attending webinars, conferences, and ISO/RTO meetings, and provide recurring and adhoc reports on analysis of critical changes.
    • Monitor developments and proceedings before the Regulatory and Market Operators (FERC, NERC, ERCOT, CAISO, etc.) PUCs, and ISOs and ensure via recurring and adhoc reports that management is informed of the potential impacts of changes in the regulatory landscape
    • Field data requests and inquiries from ISO/RTO and regulatory bodies and utilities regarding ISO/RTO activity and coordinate and report on responses to these inquiries

Salary commensurate with experience.

Employment Status:: Full Time, Exempt

To apply, please send your resume to hr@eurusenergy.com

We are an Equal Opportunity Employer and will not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any other protected status.

Notice to Staffing Agencies:  EEA will not accept unsolicited resumes from any source other than directly from a candidate.