Patrick Carmody

Patrick Carmody Email and Phone Number

Director Compliance & Ethics at PPL @
Patrick Carmody's Location
Providence, Rhode Island, United States, United States
Patrick Carmody's Contact Details

Patrick Carmody work email

Patrick Carmody personal email

n/a
About Patrick Carmody

Highly respected risk and compliance SME experienced in corporate, regulatory and legal governance within global electric and gas utility industry. Builds strategic national and international teams, leverages extensive networks, maximizes productivity and resolves issues. Delivers process and control improvements, mitigates compliance and business risks through early detection and analysis, eliminates financial penalties and regulatory intervention. Expert stakeholder engagement for large scale, complex projects, inspires trust, develops efficient teams, eliminates obstacles, drives communications and establishes best practices. Assumes decisive leadership on critical issues, provides comprehensive turn-around results. Known by executive leaders for candid leadership, industry knowledge and commitment to outstanding corporate results.SELECT ACHIEVEMENTS:► STAKEHOLDER LEADERSHIP: Achieved FY’15 NY PSC compliance certification, on time, under budget, influenced/recruited/mobilized 25-member cross organization committee through review & assignment of 6400 legal/regulatory requirements. Eliminated 18% redundant/obsolete requirements, negotiated with committee & legal counsel, ensured future certification savings. Leading FY’16 NY Certification.►COMPLIANCE & RISK MANAGEMENT: Developed, instituted risk compliance programs for U.S; Secured executive leadership support, ensured transparency in risk and compliance identification/resolution, incorporated top down and bottom up approaches. Ensured alignment between executive assessment & operational focus. ►PROCESS DESIGN & IMPROVEMENTS: Led team in Supply Chain Management design, configuration, and deployment of first ERP application at NG USA, with $18MM NPV revenue enhancements. Increased SCM functionality integrated procurement, account payable and inventory management applications, reduced commodity & transaction costs 12%. Collaborated with ops & finance teams ensured integrated ERP transactions.

Patrick Carmody's Current Company Details
Pennsylvania Power and Light

Pennsylvania Power And Light

Director Compliance & Ethics at PPL
Patrick Carmody Work Experience Details
  • Pennsylvania Power And Light
    Director Compliance And Ethics
    Pennsylvania Power And Light May 2022 - Present
    Providence, Rhode Island, United States
  • National Grid
    Director Us Compliance - Grc, Performance And Governance
    National Grid Apr 2021 - Jun 2022
    Waltham, Massachusetts, United States
    Summary:In collaboration with Chief Compliance Officer and business partners, design and implement Governance, Risk and Compliance database application system enhancements. Ensure functionality is available to provide seamless user experience. Increase end-user engagement with GRC system to record, monitor and manage all regulatory obligations, controls and remediation plans for US business obligations. Develop a full suite of compliance reporting metrics for executive awareness of compliance risks and controls status. Selected Accomplishments: • Launched a review and cleanup initiative of 6K+ historic GRC records to verify relevance of requirement, risk factor, business owner and control status. • Implemented a standardized regulatory requirement intake process leveraging legal and business expertise to capture minimum data points for requirement upload into GRC. • Initiated a system enhancement project with GRC system admin team. Drafted user requirement specification and negotiated inclusion of critical system improvements necessary for successful enhancement project.• Designed and institutionalized regular compliance metrics to US executive teams based on available GRC data and functionality. Enhancements forthcoming as GRC system improvements are built and deployed.
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  • National Grid
    Director Global Compliance
    National Grid 2015 - Apr 2021
    Waltham, Ma
    SUMMARY:Lead regulatory compliance initiatives leveraging SMEs, managing 45 US compliance contributors for $6B annual profit organization. Deliver compliance analysis based on collaborative investigations and extensive electric and gas utility experience. Coaches teams/individuals to high performance. Manage board level reporting. Developed compliance reports and metrics of leading indicators of non-compliances for senior leadership. PROJECTS & ACHIEVEMENTS:◆Recruit and lead virtual compliance team of 45, high performing, business partners in semi-annual assessment and remediation of regulatory/legislative violations and control frameworks. ◆Mitigate financial penalty and regulatory intervention through early detection of non-compliant events, trend analysis, remediation planning and control development; Monitor and manage of 20-40 simultaneous events.◆Initiated FY’14 reengineering project to increase efficiency of US compliance management program; Networking with industry peers identifying leading best practices and adopting program improvements resulted in 15% reduction in business resource hours required to complete semiannual program.◆Delivered FY’15 NY PSC Certification, on time and under budget. Influenced/recruited/mobilized 25-member cross organization committee through review and assignment of 6400 legal/regulatory requirements. ◆Initiated overhaul and led development of customized reporting/database software with 100% user adoption, realizing $150K annual reduction in legal fees by integrating NY legislative updates.◆Eliminated 18% redundant/obsolete requirements (laws, tariffs, orders), negotiating with committee and legal counsel to ensure future certification savings. Requested by NY SVP to lead next year PSC Certification project. ☛ CONTACT INFORMATION✉ pcarmody50@gmail.com
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  • National Grid
    Risk And Compliance Manager Electric Distribution & Generation
    National Grid 2008 - 2015
    Waltham, Ma
    SUMMARY:Led development of risk and compliance management processes for U.S. Electric Distribution and Generation. PROJECTS & ACHIEVEMENTS:◆Established network of 40 risk and compliance coordinators representing every department within ED&G.◆Analyzed risk cause, consequence, controls and scoring on financial and probability basis. ◆Developed scorecards and metrics for senior leadership and Board of Directors.◆Led collaboration with executive leaders ensuring agreement on risk ranking and prioritized business focus.
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  • National Grid
    Erp Business Support Manager Scm
    National Grid 2004 - 2008
    Waltham, Ma
    SUMMARY:Managed 12 member support team responsible for maintaining Supply Chain Management function associated with new PeopleSoft ERP system and warehouse management application.PROJECTS & ACHIEVEMENTS:◆Managed coordination of SCM functional designs, configurations, product testing, training and corporate communications, ensured support of major initiatives establishing upgrade strategies and schedules with senior leaders.◆Guaranteed success of new functionality leadership of change management activities for SCM staff.◆Managed SCM ERP application reconfiguration in support of 3 mergers representing 5.9MM customers.
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  • National Grid
    Erp Project Team Lead Scm
    National Grid 2002 - 2004
    Waltham, Ma
    SUMMARY:Led 14 member Supply Chain Management project team tasked with selecting, building and deploying integrated resource planning application for recent merged companies for best business practices.PROJECTS & ACHIEVEMENTS:◆Led negotiations for all SCM related system functionality with business partners, aligning resources and key delivery milestones, resulting in on time, under budget project delivery, estimated savings $100MM over 10 year life-cycle.◆Partnered with finance, work management peers and consultant integrator in selecting ERP application.◆Led review of each legacy company SCM business process, analyzed/assessed required process to maximize application functionality benefits, negotiated resolutions to gap analysis with SCM business owners.◆Achieved three phase deployment on time, under budget, each phase requiring unique SCM interfaces to legacy systems, ensuring successful deployment.
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  • National Grid
    Electric Commodity Manager
    National Grid 1998 - 2002
    Waltham, Ma
    SUMMARY:Responsible for management of 6 member commodity purchasing group, restructuring multiple departments into new Supply Chain Management group.PROJECTS & ACHIEVEMENTS:◆Managed Electric Commodity Procurement team, achieved successful attainment of $5MM plus annual target savings per year through development/adoption of leading edge procurement strategies and direct negotiations with sole source vendors.◆Led restructuring of departments into Supply Chain Management group, instituted process change for organization wide supply planning, ordering and procurement, reduced costs through design/industry standardization, price decomposition bidding, joint buys, open auctions, implemented electronic data interface and first corporate vendor managed inventory program.◆Managed Purchasing department integration through multiple, consecutive utility company mergers, analyzed/designed best practices resulting in ongoing SCM cost savings.
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  • National Grid
    Municipal Account Manager – Massachusetts Electric Company
    National Grid 1993 - 1998
    Waltham, Ma
    SUMMARY:Responsible for community liaison, economic development and emergency/storm restoration contract between company and 34 municipalities.PROJECTS & ACHIEVEMENTS:◆Successful negotiation of environmental remediation of manufactured gas plant sites and municipal approvals for transmission lines and substations.◆Collaborated with Massachusetts Office of Business Development and Massachusetts Alliance for Economic Development to drive new manufacturing business into state.◆Oversaw development/automation of communication process exchanging outage data with elected officials and Civil Defense leaders, supporting emergency restoration management, resulting in prioritized restoration work following major outages.Prior to 1993:Environmental Engineer- New England Power Service Company (1992-1993)Commercial & Industrial Services Representative- Mass Electric Co. (1989-1992)Senior Technician – Yankee Atomic Electric Company (1987-1989)
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Patrick Carmody Skills

Analysis Auditing Board Governance Certification Change Management Collaborator Compliance Control Framework Electric And Gas Utility Enterprise Resource Planning Ethics Executive Reporting Global Leadership Governance Influencing Leadership Mentor M And A Integration Mergers Metrics Municipal Government Negotiations Presentations Problem Solving Process Improvement Procurement Program Management Project Management Regulatory Risk Management Storm Restoration Logistics Strategic Planning Subject Matter Expert Supply Management Sustainability Team Building Training Utlities Vendor Management

Patrick Carmody Education Details

  • Central New England College, Worcester, Ma
    Central New England College, Worcester, Ma
    Electrical Engineering
  • University Of Massachusetts, Lowell, Ma
    University Of Massachusetts, Lowell, Ma
    Graduate Coursework, Nuclear Engineering
  • Worcester State College, Worcester, Ma
    Worcester State College, Worcester, Ma
    Biology

Frequently Asked Questions about Patrick Carmody

What company does Patrick Carmody work for?

Patrick Carmody works for Pennsylvania Power And Light

What is Patrick Carmody's role at the current company?

Patrick Carmody's current role is Director Compliance & Ethics at PPL.

What is Patrick Carmody's email address?

Patrick Carmody's email address is pa****@****rid.com

What schools did Patrick Carmody attend?

Patrick Carmody attended Central New England College, Worcester, Ma, University Of Massachusetts, Lowell, Ma, Worcester State College, Worcester, Ma.

What skills is Patrick Carmody known for?

Patrick Carmody has skills like Analysis, Auditing, Board Governance, Certification, Change Management, Collaborator, Compliance, Control Framework, Electric And Gas Utility, Enterprise Resource Planning, Ethics, Executive Reporting.

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