Market Analyst - Surveillance & Analysis

ISO New England is the not-for-profit, 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:

• Hybrid work schedule with 3 days/week onsite
• Relocation Assistance
• Base salary plus performance bonus program, professional development and tuition reimbursement, enhanced 401k and financial planning, wellness programs with onsite gym, onsite café 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
  • 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 in-depth analysis on 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

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