Principal Commercial Operations
ERCOT · Austin, TX · 1 wk ago
HybridEducation$182k–$251k/yrFull-time
About the role
ERCOT, a diverse and dynamic work environment, provides a platform for employees to collaborate on building the future of the Texas power grid and wholesale market. This role offers enterprise leadership in designing and evolving ERCOT's wholesale electricity markets, ensuring they support reliability, economic efficiency, financial integrity, and regulatory compliance.
Responsibilities
- Lead the design and evolution of ERCOT’s wholesale market structures, products, and mechanisms.
- Develop long-term strategic roadmaps for market enhancements aligned with reliability, efficiency, and regulatory objectives.
- Serve as senior advisor to executive leadership on complex market design risks, opportunities, and structural reforms.
- Lead enterprise initiatives to enhance market transparency, performance, and operational resilience.
- Design and lead complex quantitative, economic, and operational analyses to evaluate market performance.
- Develop new analytical methodologies to address evolving market conditions and emerging industry trends.
- Assess impacts of proposed rule changes, protocol revisions, and regulatory directives.
- Evaluate reliability, financial, operational, and stakeholder impacts of market design modifications.
- Represent ERCOT in stakeholder forums, public hearings, and regulatory discussions before the Public Utility Commission of Texas (PUCT).
- Support Board and legislative briefings related to wholesale market design and performance.
- Prepare and deliver high-impact presentations, testimony, white papers, and briefing materials.
- Translate complex quantitative and economic analysis into clear, concise insights for executive, regulatory, legislative, and public audiences.
- Lead large, cross-functional market initiatives in matrixed environments.
- Cookordination efforts across operations, settlements, credit, legal, and technology teams to ensure successful implementation of market changes.
- Provide guidance and direction to analysts and market design staff.
- Ensure alignment between market design objectives and operational execution.
Requirements
- Minimum 10 years job-related work experience in excess of degree requirements.
- Minimum 10 years of progressive experience in wholesale electric or bulk power markets.
- Demonstrated experience leading complex market design initiatives and interacting with regulatory bodies, governing boards, and stakeholder governance processes.
- Demonstrated ability to communicate complex technical material to executive, regulatory, legislative, and public audiences.
Qualifications
- Bachelor’s Degree in Economics, Engineering, Finance, Computer Science, or related field.
- Master’s or other Advanced Degree in Economics, Engineering, Finance, Computer Science, or related field (Preferred).
- Experience within an RTO/ISO environment.
- Familiarity with ERCOT Protocols as well as PUCT regulatory and Texas legislative processes.