Description
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 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
- 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
Southwest Power Pool Inc.
415 N McKinley
Little Rock
Arkansas United States
www.spp.org
