Engineer I or Engineer II - Market Design, Markets+

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 and transparent 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 bonus (if applicable)
• Hybrid working environment for positions that are eligible
• Fantastic contributions to your retirement through a 401(k) savings plan with employer-match benefits and a pension (defined benefit plan) fully funded by SPP

COMPENSATION INFORMATION
The salary range(s) represents our good faith estimate for the role at this time. While we strive to provide competitive and transparent compensation, there may be circumstances where an offer is above or outside of the listed range. We are open to discussing salary expectations with qualified candidates considering factors such as the candidate's qualifications, skills, competencies, experience and geographic location will all be considered during the hiring process.

• Engineer II Pay Range: $88,000 - $98,000
• Engineer I Pay Range: $80,000 - $85,000

Join our team as a Market Design Engineer!

The Market Design Engineer is responsible for understanding and analyzing the current Markets+ market design, evaluating the impact of proposed modifications, and leading efforts to resolve market issues. This role involves facilitating market design changes through the SPP stakeholder process, interacting with various working groups, and providing market analysis to support these changes. The Market Design Engineer will work closely with SPP Operations, Legal, Regulatory, Settlements, and Congestion Hedging departments to ensure that implemented software and processes align with the market design and comply with FERC rules and policies.

This position also involves coordinating market design changes and analysis between the Markets+ and the SPP Integrated Marketplace, while leading discussions with market participants, vendors, FERC, and other RTOs/ISOs to establish market policy. The role will also support Western Market initiatives and work on education and training for junior-level staff in the Market Design team.

Key Responsibilities:

• Market Design Understanding: Apply a thorough understanding of SPP's market rules and policies to ensure consistent execution of business functions.
• Coordination & Communication: Engage with SPP market participants and member companies to discuss and coordinate market design issues and changes.
• Facilitate Market Design Changes: Recommend market design changes to management, facilitating them through the SPP stakeholder process and ensuring alignment with market policy.
• Market Analysis & Reporting: Conduct detailed market analysis to identify weaknesses and areas for improvement, and create comprehensive market reports and metrics.
• Cross-Departmental Collaboration: Work closely with SPP Operations, Legal, Regulatory, Settlements, and Congestion Hedging teams to ensure market design consistency and compliance with FERC regulations.
• Support FERC Filings: Assist in supporting FERC filings by providing relevant data and supporting the drafting of testimony and filing letters.
• Research & Benchmarking: Research and analyze market designs from other RTOs/ISOs and Western Market initiatives to identify potential improvements or opportunities for innovation.
• Education & Training: Develop educational materials on market design topics and support the training and development of junior market design staff.
• Internal & External Facilitation: Lead internal and external discussions to resolve market issues and present market design changes to SPP stakeholder committees and working groups.

 To be successful as a Market Design Engineer we're looking for:

• Bachelor of Science in Engineering, this degree should:
  • Be from a university that meets the requirements to