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:
- Hybrid work schedule with 3 days/week onsite
- Work that positively impacts the New England region, as well as professional development & tuition reimbursement, a stable and collaborative work environment, base plus bonus opportunities, enhanced 401k, wellness programs, activities team events. ERGs & more!
How You Will Make an Impact:
- Market Surveillance
- Continually track market outcomes, identify and explain trends and outliers
- Design, develop and run screening tools to identify market performance issues, non-compliance with market rules and uncompetitive behavior
- Identify and source relevant data through research and proactive engagement with colleagues
- Build data queries and analysis in a programming language
- Economic Analysis
- Scope and perform empirical analysis of market performance, market efficiency and behavior
- Evaluate current and new market rules changes and recommend enhancements
- Reporting
- Present complex and technical content to a diverse audience through written reports and presentations
- Write clear and insightful content, collaborate with colleagues to make connections between report sections
- Investigations
- Identify market outcomes and market participant behavior that warrants further investigation and analysis
- Conduct investigations and make referrals to the federal energy regulator
What you need to be successful in this role:
- Master's Degree in Economics, Business, Public Policy, or other related field.
- Experience and/or demonstrated interest in wholesale electricity markets and the electric industry
- Excellent written and verbal communication skills; Ability to communicate complex findings and ideas in plain language at an executive, board member, or regulator level
- Strong quantitative skills with emphasis on analysis using SAS or similar programming language
- Ability to conduct forensic-like investigations of market outcomes and participant behavior
- Demonstrated ability to work efficiently and collaboratively with others in a team environment
- 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
#LI-HYBRID
From Holyoke, MA,ISO New Englandoversees the 24/7 operation of the power grid that covers the six-states of New England and administers the region's multi-billion dollar "stock exchange" for the buying and selling of wholesale electricity. The power system is constantly evolving as new technologies emerge and energy policies evolve. There is a lot happening at our organization behind the scenes to make sure the grid continuously yields reliable electricity at competitive prices while addressing the clean energy transition here in New England. COME JOIN US in making an impact within the region!
To learn more about what we offer our employees visit:
Mission, Vision, and Values
Living in Western New England
What we Offer
Diversity and Inclusion
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Equal Opportunity: We are proud to be an EEO/AA employer. Applicants for employment are considered without regard to race, creed, color, citizenship, religion, sex, sexual orientation, marital status, national origin, age, disability, status as a veteran, Vietnam Era Veteran, or being a member of the Reserves or National Guard.
Drug Free Environment:
We maintain a drug-free workplace and perform pre-employment substance abuse testing.
Social Networking Notice:
ISO New England reserves the right to review the candidate's postings on any social networking site accessible in the public domain as part of the candidate assessment process.
Other details
- Pay Type Salary
- Telecommute % 40
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What We Do
Keeping the power flowing reliably and at competitive prices to the homes, businesses, and industries across the six diverse states of New England is a complicated, demanding, and ever-evolving job. Succeeding in our unique mission amid today’s rapidly evolving industry and operational challenges means attracting highly skilled, committed, innovative, and adaptable professionals from across a variety of competitive industries. Over 60% of ISO employees hold advanced degrees, and the ISO competes for top talent in high-demand fields not only with regional companies but with other grid operators and power companies across the US.
