Lead, Sr. Engineer II or Sr Engineer -Market Design (Remote eligible)
Southwest Power Pool · Little Rock, AR · 3 wk ago
RemoteRemoteEngineering$138k–$151k/yrFull-time
Overview
The Engineer is responsible for understanding the current market design, recommending and analyzing the impact of design modifications, and supporting the development of market design expertise throughout the organization. This position supports the Market Working Group by developing and facilitating market design changes through the SPP stakeholder process and performing market analysis as necessary to support those changes.
Core Responsibilities
- Understand the Company’s market rules and apply the knowledge to key business functions.
- Cook up and communicate with SPP market participants and member companies regarding the SPP markets.
- Analyze and review market data for indications of market weaknesses through the development of ad hoc analysis.
- Document analysis and studies in written reports and communicate findings to internal staff and external stakeholders.
- Provide technical expertise to SPP committees and working groups.
- Support FERC filings by providing data and assisting in drafting transmittal letters and testimony.
- Understand and comply with SPP Policies and Procedures.
- Maintain full accountability in making decisions and meeting deadlines.
- Research and analyze the design of other RTOs/ISOs markets.
- Facilitate market design changes through the SPP stakeholder process.
- Support Working Groups as necessary.
- Review and develop education materials related to the market design and support the training and development of junior-level market design staff and SPP market participants and member companies.
Specific Core Responsibilities - Lead Engineer – Market Design
- Develop and maintain markets simulation and design assessment platforms to inform Market Design on potential design changes.
- Provide leadership and engineering judgment for market design and analysis efforts.
- Independently recommend market design changes to management and help facilitate and support the initiatives, where appropriate, through the SPP stakeholder process.
Required Qualifications
- Bachelor’s Degree of Science in Engineering, that is: From a university that meets the requirements to sit for the Professional Engineering exam (in Arkansas, that is most typically a degree from an ABET accredited university or a graduate degree from a college that has an ABET accreditation), In a calculus-based engineering field.
- Lead Engineer – Market Design: 12 years of relevant Engineering experience; or 11 years of relevant Engineering experience with a Master’s Degree in Electrical, Computer, Industrial, Mechanical or Systems Engineering; or 10 years of relevant Engineering experience with a Doctoral degree in Electrical, Computer, Industrial, Mechanical, or Systems Engineering. A Professional Engineer license is required for this role; however, 12 years of relevant Engineering experience may be considered in lieu of a Professional Engineer License.
- Sr. Engineer II – Market Design: 9 years of relevant Engineering experience; Professional Engineer License or Advanced degree in related field of study may satisfy one (1) year of experience requirement. Two (2) years of experience may satisfy both a Professional Engineer License and an Advanced degree in a related field.
- Senior Engineer – Market Design: 5 years of relevant engineering experience. Professional Engineer License may satisfy one year of experience requirement.
Preferred Qualifications
- In addition to required undergraduate degree in Engineering, an advanced degree in economics, math, or other related field of study is preferred.
- Experience with data manipulation and analysis of large data sets.
- Experience in utility industry, utility operations, RTO/ISO operations or energy trading.
- Experience with RTO/ISO Market formulations and optimization techniques.
- Experience with either prototyping market formulation changes or software used to study market formulation changes.