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Market Validation Analyst

NYISO

Location: Rensselaer, NY US
Position Type:
Rqd Education:
Rqd Experience: 2 - 5 years
Date Posted: January 15, 2023
Reference Code: 1092
Job Summary and Essential Functions

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. The NYISO's Market Operations department invites applications for a full-time Analyst in our Market Validation group.

The NYISO is looking for a Market Validation Analyst who can multi-task, has good judgment, problem-solving and communication skills, and can work in a team based environment. As a Market Validation Analyst, you will develop expertise in the wholesale electricity markets, including the contributors to market volatility and unusual market results. You will apply this expertise as you evaluate the results of NYISO's Day-Ahead and Real-Time energy, ancillary services, and TCC markets for accuracy. In addition, you will perform validation and analysis support work for NYISO's Coordinated Transaction Scheduling protocol with neighboring ISOs. Specific activities include reviewing market anomalies, researching the factors driving these anomalies, and taking appropriate actions for follow-up. As a Market Validation Analyst, you may also provide subject matter expertise in support of external stakeholder and media inquiries, as well as provide internal and external reporting using advanced analytics and statistical analysis of market results.

Qualifications

  • Bachelor's Degree (BA/BS) required. Mathematics, Business, Economics, or Computer Science degree preferred.
  • Three years of related work experience in the areas of data/market analysis, preferably in electricity markets.
  • Experience with user acceptance testing is highly desired; or an equivalent combination of education, experience, and training.
  • Strong data analytic capabilities and proficiency working with large data sets.


The NYISO takes pride in recruiting, developing and retaining highly talented individuals. In addition to competitive salaries, we offer a comprehensive benefits package and innovative reward programs.

The NYISO offers the flexibility to work both in the office and remotely, providing our employees with an enhanced work life balance. While the majority of the responsibilities of this role can be performed remotely, in most cases, employees will have periodic on-site requirements based on business needs. Full remote opportunities may be available in some cases.

NYISO requires a COVID vaccine as a condition of employment but complies with all state and federal laws. All offers of employment will be made contingent upon the successful completion of a drug screening and background check.

The NYISO is an Equal Opportunity Employer and as such, does not discriminate in its hiring or employment practices.
About this Employer

The New York Independent System Operator (NYISO) is responsible for the reliable operation of New York’s nearly 11,000 miles of high-voltage transmission and the dispatch of more than 500 electric power generators. In addition, we administer bulk power markets that trade an average of $7.8 billion in electricity and related products annually.

As a not-for-profit independent system operator, we are governed by a 9-member Board of Directors. Participants and Stakeholders in New York’s electricity markets play a significant role in our unique shared governance system.

We employ more than 550 people and occupy two locations in New York's Capital Region. Given the technical complexity of our mission, over a quarter of the company’s staff are devoted to the development and support of information technology. We have a diverse and engaged workforce, and have been recognized as a top employer in the region.