Power Market Operations & Settlements Analyst

Job Description

Act as primary point of contact for ISO operational activities, with a focus on settlement validation, reconciliation, and issue resolution.

• Validate submitted schedules and confirmed volumes, ensuring consistency with executed trades.
• Provide weekend coverage as needed for scheduling-related activities to support business and operational requirements.
• Perform daily, weekly, and ad hoc reconciliation of ISO settlements, including validation of:
• Volumes (forecast vs actual vs scheduled)
• Prices (RT/DAM components, imbalance charges)
• Settlement charges and adjustments
• Ensure alignment between ISO data and ETRM:
• Update actual quantities
• Reconcile positions and settlement outputs
• Support daily/weekly ISO settlement cycles and payment readiness.
• Investigate and resolve settlement discrepancies and resettlements in coordination with ISO, counterparties, and internal teams.
• Maintain audit-ready documentation and controls across settlement and reconciliation processes.
• Support gradual improvement of processes, tools, and automation initiatives (ETRM / Bid-to-Bill / ISO integration).

Requirements

• Strong understanding of US power markets, with emphasis on ISO settlement processes.
• Hands-on experience with:
• ISO portals
• Settlement statements and reconciliation
• Experience working with ETRM systems.

• Preferred:
• Experience in ERCOT (strongly preferred); PJM/MISO a plus
• Exposure to ISO Virtual Transactions and Congestion Products
• Experience with TriplePoint CXL
• Familiarity with bid-to-bill tools (Adapt2, PCI, OATI, etc.)
• Understanding of power scheduling workflows and concepts (volume confirmations, e-tagging)
• Exposure to collateral / credit monitoring in ISOs
• Experience with FERC and EIA reporting requirements

Compensation

The expected base salary ranges from $95K -$125K. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.