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The Market Development Analyst role offers a unique and dynamic position at the forefront of advancing the wholesale electricity markets to serve the New England region. This role offers a diverse set of responsibilities and opportunities to analyze existing problems, identify opportunities, and recommend market solutions to improve the overall design and operation of the New England electricity markets. Project assignments include leading multi-disciplinary teams on market design initiatives and as a team member contributing to larger projects. Diverse project assignments offer the Market Development Analyst many opportunities including:
Working with industry subject matter experts hone problem definitions and solution options
Performing data analysis and simulations to validate problems and proposals
Preparing detailed and summary reports; balancing competing issues and negotiating consensus among diverse stakeholder groups
Developing and delivering presentations to internal and external stakeholders
Supporting regulatory filings on market design initiatives
How You Will Make an Impact
Create new and modify existing market designs to evolve the wholesale electricity markets in New England and improve market and operational performance
Build conceptual framework based on theory and/or industry best practices and develop market-based designs that address identified market or operational needs
Develop mathematical and/or simulation models and prototypes and use production data to better define and understand problems and test proposed designs
Assist business units and IT in their assessment of how to implement market designs and incorporate their input and constraints into the final market design
Present design proposals, analysis and governing document changes to external stakeholders
Prepare and defend written materials: white papers, position papers, memoranda
Prepare presentation material to clearly present complex content
Build support for market design initiatives through group discussions, coalition building and one-on-one negotiations
Coordinate changes to the market design and governing document
Support the drafting of governing document (e.g., market rules and manuals) changes and assist with the preparation of regulatory filings
Support regulatory approval of market design and governing document changes including providing testimony in support of proposed changes
What We Are Looking For
Bachelor or graduate degree in Engineering, Economics, Business/Finance/Management Science or other technical discipline
Experience in the electric power industry, the commodity trading and analysis industry, or related experience such as consulting
Knowledge of power market design and operations and of the commercial and regulatory issues facing market participants in New England is desirable
Understanding of the electricity markets and the role of the various market products in the wholesale marketplace
Strong project management, facilitation and negotiation skills, including demonstrated ability to lead projects and to achieve results leveraging cross-functional, matrixed resources
Strong interpersonal skills including the ability to develop relationships and build coalitions
Demonstrated analytical capability with ability to perform data analysis and simulations using SAS or PL/SQL Developer
Demonstrated written and oral communication skills and ability to present material to a diverse audience
Desired Not Required
Experience using statistical, simulation models, and/or database software tools to extract, assemble, and interpret quantitative information, including PI System, Python, GAMS, MATLAB, R, R Studio and MATLAB; and file management tools including WinSCP, PuTTY, WinMerge, and UltraEdit
Familiarity with the software systems and tools that ISOs/RTOs use to operate the power system and administer the markets
Location and Benefits
ISO New England is located in Holyoke, MA. The company provides a base salary plus bonus, competitive Medical and Dental plan, paid vacation, 401k with company match, retirement plan and more. All benefits start on your first day.
We are proud to be an EEO/AA employer. Applicants for employment are considered without regard to race, creed, color, citizenship, religion, sex, sexual orientation, marital status, national origin, age, disability, status as a veteran, Vietnam Era Veteran, or being a member of the Reserves or National Guard.
We maintain a drug-free workplace and perform pre-employment substance abuse testing.
Social Networking Notice
ISO New England reserves the right to review the candidate's postings on any social networking site accessible in the public domain as part of the candidate assessment process.
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