The New York Independent System Operator
Market Design Specialist
The New York Independent System Operator, East Greenbush, New York, United States
Overview
The New York Independent System Operator (NYISO) manages the efficient flow of electricity on more than 11,000 circuit-miles of high-voltage transmission lines, dispatching power from hundreds of generating units across the state.
NYISO in Rensselaer, NY seeks a Market Design Specialist to act as a technical expert in the design, modification, and implementation of market rules for NYISO market products. The role involves collaborating with internal and external NYISO stakeholders to support research, design of new market rules and products, and enhancements to existing market rules and tariffs. The position will assist in developing new business processes, market rules, and tariff changes.
The Market Design Specialist will lead the development of business requirements to implement new market designs, present proposals to NYISO stakeholders, and act as the primary contact between market participants and internal NYISO stakeholders. The role also supports project teams with the implementation of market designs.
Responsibilities
Review and study market outcomes of existing market design to identify opportunities for improved effectiveness and efficiency.
Analyze NYISO markets to identify potential market design flaws and opportunities for improvement related to system conditions, participant behavior, reliability needs, and public policies.
Gather, organize, summarize, distribute, and act upon feedback from internal subject matter experts, NYISO consultants, and external stakeholders.
Analyze market evolution recommendations to determine feasibility and potential impact.
Develop an understanding of the NYISO regulatory structure, including governance, tariffs, agreements, and manuals.
Review and develop summary reports of market design features in other ISO/RTO markets.
Develop professional relationships with neighboring ISO/RTO market staff to enable idea exchange and collaboration in market design.
Monitor national trends and regulatory policies to identify opportunities or impacts for NYISO markets.
Study systems and functionality of existing market designs to analyze and design improvements with stakeholders.
Lead the development of product-based solutions, prepare analyses and recommendations, and present and defend market design proposals to senior management, market participants, and regulators.
Assess and report the impacts of new market solutions on NY customers.
Serve as primary interface between market participants and NYISO product development and business owners to collect and share information and perspectives.
Gather information through discussions with market stakeholders.
Negotiate complex rule changes with stakeholders who may have differing interests and develop strategies to move proposals forward.
Write and review draft tariff modifications, memos, and filing letters.
Interact with Product Business Analysts who write software requirements as needed.
Ensure that the Market Vision and Product Plans remain current and reflect future design opportunities.
Present proposals and reports on market design proposals to NYISO senior management.
Support NYISO Strategic and Business Plan objectives.
Represent NYISO in industry forums and conferences as an independent source of information on wholesale markets in New York.
Qualifications Bachelor's degree in Electrical Engineering or closely related field.
The successful candidate must have two years of experience as an analyst in the power/energy industry, with experience in market data analysis, energy and bidding data analyses, and working with Microsoft Excel VBA, SAS, and Tableau.
Compensation Salary Amount/Range: $61,360 to $91,000.08
For more details and to apply: https://www.nyiso.com/careers
#J-18808-Ljbffr
NYISO in Rensselaer, NY seeks a Market Design Specialist to act as a technical expert in the design, modification, and implementation of market rules for NYISO market products. The role involves collaborating with internal and external NYISO stakeholders to support research, design of new market rules and products, and enhancements to existing market rules and tariffs. The position will assist in developing new business processes, market rules, and tariff changes.
The Market Design Specialist will lead the development of business requirements to implement new market designs, present proposals to NYISO stakeholders, and act as the primary contact between market participants and internal NYISO stakeholders. The role also supports project teams with the implementation of market designs.
Responsibilities
Review and study market outcomes of existing market design to identify opportunities for improved effectiveness and efficiency.
Analyze NYISO markets to identify potential market design flaws and opportunities for improvement related to system conditions, participant behavior, reliability needs, and public policies.
Gather, organize, summarize, distribute, and act upon feedback from internal subject matter experts, NYISO consultants, and external stakeholders.
Analyze market evolution recommendations to determine feasibility and potential impact.
Develop an understanding of the NYISO regulatory structure, including governance, tariffs, agreements, and manuals.
Review and develop summary reports of market design features in other ISO/RTO markets.
Develop professional relationships with neighboring ISO/RTO market staff to enable idea exchange and collaboration in market design.
Monitor national trends and regulatory policies to identify opportunities or impacts for NYISO markets.
Study systems and functionality of existing market designs to analyze and design improvements with stakeholders.
Lead the development of product-based solutions, prepare analyses and recommendations, and present and defend market design proposals to senior management, market participants, and regulators.
Assess and report the impacts of new market solutions on NY customers.
Serve as primary interface between market participants and NYISO product development and business owners to collect and share information and perspectives.
Gather information through discussions with market stakeholders.
Negotiate complex rule changes with stakeholders who may have differing interests and develop strategies to move proposals forward.
Write and review draft tariff modifications, memos, and filing letters.
Interact with Product Business Analysts who write software requirements as needed.
Ensure that the Market Vision and Product Plans remain current and reflect future design opportunities.
Present proposals and reports on market design proposals to NYISO senior management.
Support NYISO Strategic and Business Plan objectives.
Represent NYISO in industry forums and conferences as an independent source of information on wholesale markets in New York.
Qualifications Bachelor's degree in Electrical Engineering or closely related field.
The successful candidate must have two years of experience as an analyst in the power/energy industry, with experience in market data analysis, energy and bidding data analyses, and working with Microsoft Excel VBA, SAS, and Tableau.
Compensation Salary Amount/Range: $61,360 to $91,000.08
For more details and to apply: https://www.nyiso.com/careers
#J-18808-Ljbffr