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Human Capital Asia, Inc.
Unit 301 Jollibee Center, San Miguel Avenue
Pasig City, Philippines
Market Compliance Officer
Taguig, PH, Philippines
Franchise, General-Business, Science
Represent the company as Market Compliance Officer in the Philippine Electricity Market.
Represent the company in a PEMC-ECO investigation and present the company case in such investigations.
Be able to relate the operator/trader actions to the technical aspect of plant operation in a PEMC-ECO investigation on a possible breach in WESM rules.
Decide on plan of action in
finding the cause of the breach in WESM rules, in plant operation sense and power system operation sense, and
what and where to get documentary support ( i.e. WESM database, plant SCADA, Trading interface information, etc.) so the justification becomes evidence grade, e.g. admissible in court, and
Prepare the computations justifying why the response did or did not make the target.
Prepares reports and supporting documents in response to PEMC-ECO investigation on breaches in WESM Rules, and signs the report as Market Compliance Officer.
Ensures compliance of company Trading and gen BU to WESM rules and reporting requirements of the DOE and PEMC on WESM :
Identifying and establishing process standards that will ensure submission and compliance to all market requirements
Make sure that everyone concerned are properly informed of the process and standards
Regularly assess the performance of all concerned with regards to these standards
evaluate the efficiency/effectivity of and issues involved in the compliance process
Make recommendations and/or work with the concerned BU/Unit concerned to establish/revise policy guidelines and procedures to prevent and/or avoid lapses in the future
Prepares pre-emptive actions, reports and supporting documents for reporting to PEMC if investigated
Calls the attention of the BU heads in case the reports are not submitted on time.
Assists Gen Bus in PEMC registration and reporting requirements in compliance to WESM rules and its manuals
Maintain current PEMC registration records and communication records
Completes the daily audit report on trader actions, reconciles findings with Trading Operations logbook entries, gen BU operations logbook, and PEMC system messages.
Assists in training traders and plant operators in new processes and procedures.
Create and maintain a database of the required compliance a report, the reports submitted and monitors the timely submissions of the BUs to the DOE, PEMC and ERC.
At least 5 years experience in Power industry
Have managed a non-conformance investigation team, e.g. project management conformance, quality assurance audit, or operations audit.
Knowledge of market rules and resolution of alleged breach in market rules.
College degree Engineering, sciences, economics, finance, or law.
PEMC certified Trader preferred.
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