Remote with 15% travel

Overview

The Market Design Analyst will play a key role in understanding the current market design and evaluating the impact of design changes. This position supports the Market Working Group by facilitating market design changes through our client’s stakeholder process and conducting market analysis to address market issues.

The role requires close interaction with various working groups to support market design changes and issue resolution. The Market Design Analyst will work closely with departments such as Operations, Legal, Regulatory, Settlements, and Congestion Hedging to ensure that software implementations and processes align with the market design. Additionally, the role will involve working with market participants, vendors, FERC, and other RTOs/ISOs in setting market policy.

The Market Design Analyst will also help facilitate discussion, analyze design changes, and provide market analysis for the Western Energy Imbalance Service (WEIS) Market. This includes supporting the Western Market Executive Council (WMEC) and other working groups within WEIS, while also coordinating market design efforts between the WEIS and our client’s Integrated Marketplace.

The successful candidate will manage their work independently, initiate market analysis and changes, develop market metrics, and produce market reports. They will facilitate internal and external discussions to resolve market issues and present market design changes to various stakeholder committees and working groups.

Essential Functions

Understand our client’s market rules and apply this knowledge to key business functions
Coordinate and communicate with market participants and member companies on market issues
Facilitate market design changes through the stakeholder process
Provide technical expertise to committees and working groups
Support the Market Working Group as necessary
Assist in FERC filings by providing data, drafting testimony, and preparing filing documents
Analyze and review market data to identify weaknesses using adhoc analysis
Research and analyze the design of other RTO/ISO markets
Document findings in written reports
Develop and review educational materials related to market design
Ensure compliance with company policies and procedures

Qualifications:

Education

Bachelor’s degree in economics, mathematics, or a related field

Experience Requirements:

Senior Market Design Analyst: Five years of relevant experience
Lead Market Design Analyst: Ten years of relevant experience

Additional Requirements:

Proficient in organizing and conducting technical and analytical studies
Knowledge of electric market concepts and ability to apply understanding to unique analyses
Ability to support diverse teams and manage complex analysis projects
Strong facilitation skills
Excellent interpersonal, team-building, and communication skills
Competence in using communication and data-handling software such as Microsoft Office, Excel, and Access
Strong business acumen and professional conduct
Ability to function effectively in a dynamic environment with multiple priorities
Strong organizational skills

Senior Level Requirements:

Ability to identify and address strategic issues important to Market Design
Proficient in organizing and conducting complex technical and analytical studies
Skilled at analyzing complex issues and communicating findings to diverse stakeholders

Lead Level Requirements:

Full accountability for decision-making and meeting deadlines
Ability to mentor and train other staff members
Advanced experience with strategic issues and conducting complex studies

Preferred:

Advanced degree in economics, mathematics, or related field
Experience in utility operations, RTO operations, or energy trading
Experience with data manipulation and analysis of large datasets

Work Environment:

The role operates in a professional office setting and uses standard office equipment, such as computers, phones, and copiers.

Physical Demands

Regularly required to make decisions, interpret data, and solve problems
Frequent sitting or standing for extended periods and using standard office equipment
Occasionally lifting and moving up to 10 pounds
Ability to collaborate with managers and employees at all levels
Specific vision abilities required, including close vision, distance vision, color vision, and the ability to adjust focus

Position Type & Expected Hours:

This is a full-time position, typically Monday through Friday, 8:00 a.m. to 5:00 p.m., with occasional extended hours as needed.

Travel Requirements:

Moderate travel required (10-15%)

Employee Benefits

Competitive pay with bonus opportunities
Excellent insurance, including multiple medical plan options, employer-paid short-term disability, long-term disability, and life insurance
Relocation assistance
Flexible work environment, with the option for remote work for eligible positions and in-office collaboration when needed
Strong retirement benefits, including a 401(k) with employer match and a defined benefit plan fully funded by the company

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Market design analyst