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Electricenergyonline

Lead, Senior or Market Design Analyst II - Remote Eligible Southwest Power Pool

Electricenergyonline, Little Rock, Arkansas, United States, 72208


Job DetailsDescription

Southwest Power Pool (SPP) is about more than power. We're about the power of relationships. Our employees have the opportunity to work together to ensure electricity is delivered reliably and affordably to the millions of people living in our service territory. We have been voted one of Arkansas' Best Places to work by Arkansas Business and we are looking for a member of our team who is passionate about our mission to keep the lights on!

We have a core ideology here at SPP that we stand by: Do the right thing, for the right reason, in the right way.

We believe in supporting our employees through a fantastic benefits package:

Competitive pay with bonus opportunities

Excellent insurance package including three great medical plans to choose from, employer-paid short term disability, long term disability, and life insurance

Relocation assistance

Flexible working environment for positions that are eligible where employees have the flexibility to work from home and come into the office when collaborative in person work is needed.

Fantastic contributions to your retirement through a 401(k) savings plan with employer-match benefits and a defined benefit plan fully funded by SPP.

Overview

The Market Design Analyst is responsible for understanding the current market design, and analyzing the impact of design modifications. This position supports the Market Working Group by facilitating market design changes through the SPP stakeholder process, and performing market analysis to resolve market issues.

This position will interact with multiple working groups in support of market design changes and issues. The Market Design Analyst will work closely with SPP Operations, Legal, Regulatory, Settlements, and Congestion Hedging departments to assure that the implemented software and processes are consistent with the market design. This position will work with market participants, vendors, FERC, and other RTOs/ISOs in setting market policy.

This position will share responsibility, within the Market Design team, for facilitating discussion, design changes and providing market analysis for the Western Energy Imbalance Service (WEIS) Market. This will require supporting both the Western Market Executive Council (WMEC) and other working groups within the WEIS purview. This position will share responsibility for coordinating market design changes and analysis between the WEIS and the SPP Integrated Marketplace.

The Market Design Analyst is expected to manage individual work effort, initiate market analysis and market changes, develop market metrics, and create market reports. This position is responsible for facilitating internal and external discussion to resolve market issues, and presenting market design changes to various SPP stakeholder committees and working groups.

Essential Functions

Understand the Company's market rules and apply the knowledge to key business functions.

Coordinate and communicate with SPP market participants and member companies regarding market issues.

Facilitate market design changes through the SPP stakeholder process.

Provide technical expertise to SPP committees and working groups.

Support the Market Working Group as necessary.

Support FERC filings through providing data, and assist in drafting testimony and filing letters.

Analyze and review market data for indications of market weaknesses through the development of adhoc analysis.

Research and analyze the design of other RTO/ISO markets.

Document analysis and studies in written reports.

Review and develop education materials related to the market design

Understanding of and compliance with SPP Policies and Procedures

Qualifications

Education Requirements:

Bachelor's degree in economics, mathematics, or other related field

Experience Requirements:

Sr. Market Design Analyst - Five (5) years of job-related experience

Market Design Analyst II - Three (3) years of job-related experience (not eligible for remote work)

Lead Market Design Analyst -Ten years (10) job-related experience

Other Requirements:

Proficient at organizing and conducting technical and analytical studies

Knowledge of electric market concepts and ability to apply understanding in unique analysis

Ability to support diverse team members and manage complex analysis projects

Strong facilitation skills

Strong interpersonal and team-building skills

Excellent written and verbal communication skills

Competent working skills with communication and data handling software such as Microsoft Office, Excel and Access

Demonstrate proficiency in business acumen and professional conduct

Demonstrate the ability to function with constantly changing and multiple priorities

Demonstrate strong organizational skills

Senior Level Requirements

:

Ability to recognize and address strategic issues important to Market Design

Proficient at organizing and conducting complex technical and analytical studies

Skilled at analyzing complex issues and communicating results to diverse stakeholders

Lead LevelRequirements:

Ability to recognize and address strategic issues important to Market Design

Proficient at organizing and conducting complex technical and analytical studies

Skilled at analyzing complex issues and communicating results to diverse stakeholders

Maintain full accountability in decision making and meeting deadlines

Provide training and mentoring to other staff

Preferred

:

Advanced degree in economics, math or other related field of study

Experience in utility operations, RTO operations or energy trading

Experience with data manipulation and analysis of large data sets

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