Market Design Engineer II, Senior, Senior II or Lead- 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.
- Lead Engineer range - $135,000 - $158,625
- Sr Engineer II range - $123,700 - $135,000
- Sr Engineer range – $106,500 - $123,700
- Engineer II Pay Range: $88,000 - $98,000
Join our team as a Market Design Engineer!
As a Market Design Engineer, you will be responsible for 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 & Policy Recommendations:
- Understand and apply the company’s market rules to various business functions.
- Independently recommend and facilitate market design changes through the SPP stakeholder process.
- Stakeholder Collaboration:
- Coordinate and communicate with SPP market participants, member companies, and other stakeholders regarding market design changes.
- Technical Support & Expertise:
- Provide technical expertise and support to SPP committees, working groups, and stakeholders regarding market design issues and changes.
- Support FERC filings by providing data, assisting in drafting testimony, and filing necessary documents.
- Market Analysis:
- Analyze and review market data for indications of market weaknesses and areas for improvement.
- Conduct adhoc analysis to resolve market issues and ensure effective market design solutions.
- Cross-Team Collaboration:
- Work closely with internal teams such as SPP Operations, Legal, Regulatory, and Settlements to ensure market software and processes align with design principles.
- Work with vendors, market participants, FERC, and other RTOs/ISOs in setting and refining market policy.
- Reporting & Documentation:
- Document and communicate analysis, studies, and market design changes in written reports.
- Develop and present market design changes to SPP stakeholder committees and working groups.
- Education & Training:
- Review and develop educational materials related to market design.
- Support the training and development of junior-level market design staff.
To be successful as Market Design Engineer we're looking for:
- Bachelor of Science in Engineering, this degree should:
- Be from a university that meets the
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