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Market Design Analyst

ISO New England

Location: Holyoke, MA US
Position Type:
Rqd Education:
Rqd Experience: 2 - 5 years
Date Posted: January 18, 2023
Reference Code: 123764409
Designing, administering, and overseeing the region's competitive wholesale electricity markets is a critical function of ISO New England, and t he Market Design Analyst position is on the forefront of this core responsibility. As a Market Design Analyst, your primary responsibility will be to formulate solutions that improve the New England electricity markets, ensuring they function effectively and reliably within the broader regulatory and public policy context.

Market Design Analysts work within a department of analysts and economists. Our team has diverse skills and backgrounds including energy trading and operations, engineering, regulatory affairs, business and data analysis, optimization models, and auction design. We work collaboratively, across our team and company, and with the various companies participating in New England's wholesale electricity markets.

How you will make an impact

Working with multi-departmental project teams, you will:
  • Evaluate problems in market performance or administration, often requiring market rule and technical implementation research and analysis.
  • Devise solution options, often requiring modeling and analysis to evaluate tradeoffs between potential solutions.
  • Propose solution recommendations that consider implementation feasibility, implications on our various stakeholders, as well as general efficacy.
  • Present proposed solutions to our diverse stakeholders, including preparing detailed documentation and presentations.
  • Support the Legal department in filing market rule changes with the Federal Energy Regulatory Commission (FERC), including providing expert witness testimony.
What we are looking for
  • Bachelor or graduate degree in Engineering, Business/Finance/Management Science, Economics, or other related discipline.
  • Experience in the electric power, energy-based commodity trading, energy-centric analysis or consulting.
  • Knowledge of electricity market designs, power system operations, or commercial and regulatory affairs relevant in New England.
  • Experience performing research, analyzing problems, and presenting decision-relevant information concisely.
  • Project leadership, time-management, communication, negotiation, and interpersonal skills.
Desired not required
  • Experience using statistical tools, simulation models, and/or database software tools to extract, assemble, and interpret quantitative information.
  • Familiarity with the software systems and tools that ISOs/RTOs use to operate the power system and administer the markets.
Clarity of purpose is the starting point for all success. The ISO's mission, vision, and values define our purpose-these values serve as the cultural cornerstones of theorganization.

Mission: Through collaboration and innovation, ISO New England plans the transmission system, administers the region's wholesale markets, and operates the power system to ensure reliable and competitively priced wholesale electricity.

Vision: To harness the power of competition and advanced technologies to reliably plan and operate the grid as the region transitions to clean energy.

Values: Expertise, Respect, Innovation, Dependability and Collaboration

What We Offer: Located in Holyoke, MA amid the picturesque Pioneer Valley of Western Massachusetts, our employees get the best of both rural and urban living, enjoying day-to-day local community culture and conveniences with drivable access to big city amenities. Our competitive base salaries, performance-driven bonus incentive offering, as well as a variety of health, wellness, and professional development benefits underscore the value we place in our employees. Beyond our comprehensive medical, dental, and vision plans, we encourage continuous learning through our training and tuition reimbursement programs and support work-life balance with flex hours, hybrid work models for most roles, and paid vacation and holidays. Our benefits strive to fulfill the needs of our employees across life's stages, with paid parental time off, health and wellness programs, 401k with company match, and a retirement plan. For the convenience of our employees, we offer complimentary access to our onsite fitness center and a cafeteria with free coffee.

COVID-19 Policy: Employee safety and well-being is a priority at ISO New England. To safeguard our teams and the important work they do, ISO New England has a mandatory COVID-19 vaccination policy.

Equal Opportunity : 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.

Drug Free Environment: 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.

Other details
  • Pay Type Salary
  • Telecommute % 60
About this Employer

Keeping the lights on in New England

We are the independent, not-for-profit corporation responsible for keeping electricity flowing across the six New England states and ensuring that the region has reliable, competitively priced wholesale electricity today and into the future.