Market Design Engineer
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Role details
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Job description
The Market Design Engineer is responsible for understanding the current Markets+ market design and evaluating the impact of proposed design modifications. This role plays a critical part in testing market functionality, analyzing system behavior, and solving complex market design challenges to support the successful implementation of Markets+ services.
The position also involves providing analytical insights, collaborating with stakeholders, and coordinating market design changes alongside technical implementation efforts across the Markets+ program., * Analyze Markets+ design and evaluate impacts of proposed changes
- Test and validate market functionality and system performance
- Develop market metrics, reports, and ad hoc analyses
- Support market software development, testing, and implementation
- Apply market rules to business operations
- Provide technical expertise to stakeholders and committees
- Support FERC filings with data and documentation
- Research other market designs and industry practices
- Document analyses and develop educational materials
- Respond to customer issues and identify market improvements
Requirements
- Bachelor of Science in Engineering, this degree should:
- Be from a university that meets the requirements to sit for the Professional Engineering exam (in Arkansas, that is most typically a degree from an ABET accredited university or a graduate degree from a college that has an ABET accreditation),
- Degree should be in a calculus-based engineering field and preferred degree programs are Electrical Engineering, Computer Engineering, Industrial Engineering, Mechanical Engineering, or Systems Engineering
- Engineer I - No experience necessary
- Engineer II - 2 years of experience
- Proficient at organizing and conducting technical and analytical studies
- Knowledge of electric market concepts and ability to apply understanding in unique analysis
- Ability to support diverse team members and manage parts of complex analysis projects
- Strong facilitation skills
- Strong interpersonal and team-building skills
- Excellent written and verbal communication skills
- Competent working skills with communication and data handling software such as Microsoft Office, Excel and Access
- Demonstrate proficiency in business acumen and professional conduct.
- Demonstrate the ability to function with constantly changing and multiple priorities.
- Demonstrate strong organizational skills.
- Understand and comply with SPP Policies and Procedures.
Preferred:
- Experience in electric utility operations, RTO operations or energy trading
- Experience with data manipulation and analysis of large data sets
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