Market Design Engineer II or Senior Analyst

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Carmel, IN, USA
In-Office
90K-115K Annually
Other • Energy
The Role

MISO is looking for a talented professional to join our Market Design team and contribute to shaping the future of the energy industry. In this role, you’ll conduct engineering and economic studies to evaluate the performance, efficiency, and behavior of wholesale electricity markets. Your work will support the assessment of market structures, operational events, and rule impacts—ultimately helping to evolve MISO’s market design and ensure a reliable, competitive, and efficient energy marketplace.

Through in-depth analysis and collaborative problem-solving, you’ll influence system improvements, develop market design initiatives, and clearly communicate findings and recommendations to internal stakeholders and external market participants.

What You’ll Do

  • Perform engineering, economic, and statistical analysis of market operations, pricing, participant behavior, and system performance.
  • Identify and assess market inefficiencies, design flaws, and anomalies; recommend improvements or redesigns.
  • Evaluate the competitiveness and efficiency of market outcomes, including supply-demand dynamics and operational constraints.
  • Analyze and enhance market models, algorithms, and system tools that support real-time and long-term operations.
  • Communicate findings and proposals effectively to technical and non-technical audiences, including internal teams and external stakeholders.

Engineer II – Qualifications

Required:

  • Bachelor’s degree in one of the following fields: Engineering, Computer Engineering, Electrical Engineering Technology, Electrical and Computer Engineering, Electrical and Electronic Engineering, or Electronics and Computer Engineering Technology.
  • A minimum of two years of relevant experience in one or more of the following areas:
    • Energy market forecasting and analysis
    • Power system analysis and operations, including related software development
    • Statistical and econometric analysis
    • Market design
    • Optimization algorithms

Preferred:

  • Additional experience in:
    • Power system analysis and operations with related software development
    • Statistical and econometric modeling
    • Market design and analysis
    • Optimization algorithm development
    • Applied econometrics
  • Industry experience with a Regional Transmission Organization (RTO) or RTO market participant.

Senior Analyst – Qualifications

Required:

  • Bachelor’s degree in Engineering, Mathematics, Economics, Finance, Business, or a closely related field.
  • At least four years of specific experience in one or more of the following:
    • Energy market forecasting and analysis
    • Power system analysis and operations, including related software development
    • Statistical and econometric analysis
    • Market design
    • Optimization algorithms

Preferred:

  • Master’s or PhD in a related field.
  • Proficiency with data analysis tools and programming languages such as R, EViews, SAS, Python, VBA, or Tableau.
  • Experience using power engineering tools such as PSSe, PowerGem, Plexos, or PowerWorld.
  • Prior experience working in a deregulated wholesale electricity market or utility setting.
  • Background working with a Regional Transmission Organization (RTO) or an RTO market participant.

Appropriate level will be determined based upon experience and knowledge.

This is your opportunity to shape the future of energy. Apply today and join us in revolutionizing the transmission industry!

The base salary compensation range being offered for this role is $90,000-$115,000 USD annually.  Base salary range for this position is included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, and qualifications/experience. 

Position is also eligible for an annual bonus if individual performance and company objectives are met.  At MISO we offer a comprehensive benefits package, including 401k, vacation, sick and safe time, available on your first day of employment.

Transformative innovation is happening in the electric industry, from digitalizing homes and distributed resources to renewable energy and an ever-changing grid. MISO manages the electricity superhighway in the Central U.S. and using groundbreaking research and sophisticated technology, our highly skilled employees ensure power flows reliably to 47 million Americans. Operating the electricity grid, running a robust energy market, planning for a bright future – it’s what our immensely hard-working and dedicated team does every day. 

MISO, The Work We Do

Join #TeamMISO to be a driving force as we build the grid of the future. 

MISO offers a comprehensive benefits package available on your first day of employment.

#DiscoverMISO #MISOCareers #LifeatMISO #TeamMISO #WeAreMISO

#LI-ONSITE
 #LI-MB1

Qualifications Education Required Bachelors or better. Bachelors or better. Bachelors or better. Bachelors or better. Bachelors or better. Bachelors or better. Bachelors or better. Bachelors or better. Experience Required Relevant experience in one or more of the following areas: o Energy market forecasting and analysis o Power system analysis and operations, including related software development o Statistical and econometric analysis o Market design o Optimization algorithms Preferred Experience using power engineering tools such as PSSe, PowerGem, Plexos, or PowerWorld. Proficiency with data analysis tools and programming languages such as R, EViews, SAS, Python, VBA, or Tableau. Industry experience with a Regional Transmission Organization (RTO) or RTO market participant. Relevant experience in one or more of the following areas: o Power system analysis and operations with related software development o Statistical and econometric modeling o Market design and analysis o Optimization algorithm development o Applied econometrics Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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The Company
Carmel, IN
1,017 Employees

What We Do

Midcontinent Independent System Operator (MISO) is an independent, not-for-profit organization that delivers safe, cost-effective electric power across 15 U.S. states and the Canadian province of Manitoba. MISO is committed to the reliable, non-discriminatory operation of the bulk power transmission system and collaborating with all stakeholders to create cost-effective and innovative solutions for our changing industry. MISO operates one of the world’s largest energy markets with approximately $22 billion in annual gross market energy transactions.

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