Lead, Senior or Market Design Analyst II - Remote Eligible
Southwest Power PoolAbout the role
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.
- Market Design Analyst II - $ 76,000 - $ 96,900
- Sr. Market Design Analyst - $ 95,200 - $ 123,700
- Lead Market Design Analyst - $ 109,500 - $ 142,250
Join our team as a Market Design Analyst!
The Market Design Analyst plays a critical role in understanding the current market design and analyzing the impact of potential design modifications. You will support the Market Working Group by facilitating design changes through the SPP stakeholder process and conducting in-depth market analysis to resolve issues. This position requires collaboration across various teams, including Operations, Legal, Regulatory, Settlements, and Congestion Hedging, ensuring the software and processes are consistent with the market design.
Additionally, you will work with market participants, vendors, FERC, and other RTOs/ISOs to set market policy. You will also help coordinate efforts between the WEIS and the SPP Integrated Marketplace, playing an essential role in advancing Western Markets initiatives.
Key Responsibilities:
- Market Design Analysis & Change Facilitation:
- Understand and apply the company’s market rules to business functions.
- Facilitate market design changes through the SPP stakeholder process and recommend necessary changes.
- Support the Market Working Group and provide technical expertise to other committees and working groups.
- Market Coordination & Communication:
- Coordinate and communicate with SPP market participants and member companies on market design issues.
- Work closely with internal departments such as Operations, Legal, Regulatory, Settlements, and Congestion Hedging to ensure alignment between market design and processes.
- Policy & Market Analysis:
- Analyze market data to identify weaknesses and areas for improvement through ad-hoc analysis.
- Research and analyze the market design of other RTOs/ISOs and apply best practices.
- Develop market metrics, create reports, and document analysis and studies in written reports.
- FERC Support & Education Development:
- Support FERC filings by providing data and assisting with drafting testimony and filing letters.
- Review and develop educational materials related to market design, contributing to training initiatives.
- Compliance & Procedures:
- Understand and ensure compliance with SPP Policies and Procedures.
To be successful as Market Design Analyst we're looking for:
- Bachelor’s degree in economics, mathematics, or other related field
- Market Design Analyst II - Three (3) years of job-related experience (not eligible for remote work)
- Sr. Market Design Analyst - Five (5) years of job-related experience
- Lead Market Design Analyst - Ten years (10) job-related experience
- Proficient at organizing and conducting technical and analytical studies
- Knowledge of electric market concepts and ability to apply understanding in unique analy
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