ISO New England Inc.

Senior Energy Market Analyst

Holyoke, MA

full_time

About This Job

ISO New England is the independent system operator responsible for ensuring the safe and reliable flow of electricity in our region and planning for the future of the electric grid. We are at the forefront of New England’s ongoing transition to clean energy.

We have an important role to play in securing the region’s clean and reliable energy future and seek folks from a variety of disciplines to join us! This role is with the internal market monitoring (IMM) group in ISO New England. Market monitoring is responsible for protecting both consumers and market participants in the wholesale electricity markets by mitigating the impacts of uncompetitive bidding, identifying and reporting market design issues and market manipulation, and evaluating market performance. In fulfilling this role, we rely on a multidisciplinary team with expertise in economics, financial analysis, engineering, data science and law.

As a member of the Surveillance and Analysis team, you will develop a detailed understanding of the workings of the wholesale electricity market. You will provide valuable insight to our team by applying economic principles in your daily monitoring of market outcomes and participant behavior. Working with large and complex data, you will perform in-depth empirical analyses on market performance and report on challenging electricity market issues for both internal and external stakeholders.

What We Offer You

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Hybrid work schedule with 3 days/week onsite

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Relocation

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Base salary plus performance bonus program, professional development and tuition reimbursement, enhanced 401k and financial planning, wellness programs with onsite gym, onsite Cafe with free coffee, flexible work hours, access to business networks & more, all in a stable and supportive work environment!

How You Will Make An Impact

Market Surveillance

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Continually track market outcomes, identify and explain trends and outliers

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Design, develop and run screening tools to identify market performance issues, non-compliance with market rules and uncompetitive behavior

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Identify and source relevant data through research and proactive engagement with colleagues

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Build data queries and analysis in a programming language

Economic Analysis

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Scope and perform empirical analysis of market performance, market efficiency and behavior

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Evaluate current and new market rules changes and recommend enhancements

Reporting

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Present complex and technical content to a diverse audience through written reports and presentations

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Write clear and insightful content, collaborate with colleagues to make connections between report sections

Investigations

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Identify market outcomes and market participant behavior that warrants further investigation and analysis

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Conduct investigations and make referrals to the federal energy regulator

What You Need To Be Successful In This Role

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Master’s degree in economics, business, public policy, or another related field.

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Experience and/or demonstrated interest in wholesale electricity markets and the electric industry

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Excellent written and verbal communication skills; Ability to communicate complex findings and ideas in plain language at an executive, board member, or regulator level

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Strong quantitative skills with emphasis on analysis using SAS or similar programming language

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Ability to conduct forensic-like investigations of market outcomes and participant behavior

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Demonstrated ability to work efficiently and collaboratively with others in a team environment

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This position is open to qualified candidates at various levels, ranging from Associate to Senior Analyst. The level will be determined based on applicable experience

This is a U.S. based role. If the successful candidate resides outside of the U.S., relocation will be required.

Equal Opportunity: We are proud to be an EEO employer. Applicants for employment are considered without regard to race, color, religion, creed, sex (including pregnancy, childbirth, and related medical conditions), gender identity or expression, sexual orientation, citizenship, national origin, age, ancestry, marital status, disability (including learning, mental, intellectual, and physical), service in the uniformed services, genetic information, or any other status protected by applicable law.

Drug Free Environment: We maintain a drug-free workplace and perform pre-employment substance abuse testing.