Market Design Engineer II, Senior, Senior II or Lead- Remote Eligible

Southwest Power Pool (SPP) is about more than power. We’re about the power of relationships. Our employees have the opportunity to work together to ensure electricity is delivered reliably and affordably to the millions of people living in our service territory. We have been voted one of Arkansas’ Best Places to work by Arkansas Business and we are looking for a member of our team who is passionate about our mission to keep the lights on!

We have a core ideology here at SPP that we stand by: Do the right thing, for the right reason, in the right way.

We believe in supporting our employees through a fantastic benefits package:

• Competitive and transparent pay with bonus opportunities
• Excellent insurance package including three great medical plans to choose from, employer-paid short-term disability, long-term disability, and life insurance
• Relocation bonus (if applicable)
• Hybrid working environment for positions that are eligible
• Fantastic contributions to your retirement through a 401(k) savings plan with employer-match benefits and a pension (defined benefit plan) fully funded by SPP
  
  

Compensation Information

The salary range(s) represents our good faith estimate for the role at this time. While we strive to provide competitive and transparent compensation, there may be circumstances where an offer is above or outside of the listed range. We are open to discussing salary expectations with qualified candidates considering factors such as the candidate's qualifications, skills, competencies, experience and geographic location will all be considered during the hiring process.

• Lead Engineer range - $135,000 - $158,625
• Sr Engineer II range - $123,700 - $135,000
• Sr Engineer range – $106,500 - $123,700
• Engineer II Pay Range: $88,000 - $98,000
  
  

Join our team as a Market Design Engineer!

As a Market Design Engineer, you will be responsible for understanding the current market design and analyzing the impact of potential design modifications. You will support the Market Working Group by facilitating design changes through the SPP stakeholder process and conducting in-depth market analysis to resolve issues. This position requires collaboration across various teams, including Operations, Legal, Regulatory, Settlements, and Congestion Hedging, ensuring the software and processes are consistent with the market design.

Additionally, you will work with market participants, vendors, FERC, and other RTOs/ISOs to set market policy. You will also help coordinate efforts between the WEIS and the SPP Integrated Marketplace, playing an essential role in advancing Western Markets initiatives.

Key Responsibilities

• Market Design & Policy Recommendations:
• Understand and apply the company’s market rules to various business functions.
• Independently recommend and facilitate market design changes through the SPP stakeholder process.
• Stakeholder Collaboration:
• Coordinate and communicate with SPP market participants, member companies, and other stakeholders regarding market design changes.
• Technical Support & Expertise:
• Provide technical expertise and support to SPP committees, working groups, and stakeholders regarding market design issues and changes.
• Support FERC filings by providing data, assisting in drafting testimony, and filing necessary documents.
• Market Analysis:
• Analyze and review market data for indications of market weaknesses and areas for improvement.
• Conduct adhoc analysis to resolve market issues and ensure effective market design solutions.
• Cross-Team Collaboration:
• Work closely with internal teams such as SPP Operations, Legal, Regulatory, and Settlements to ensure market software and processes align with design principles.
• Work with vendors, market participants, FERC, and other RTOs/ISOs in setting and refining market policy.
• Reporting & Documentation:
• Document and communicate analysis, studies, and market design changes in written reports.
• Develop and present market design changes to SPP stakeholder committees and working groups.
• Education & Training:
• Review and develop educational materials related to market design.
• Support the training and development of junior-level market design staff.
  

To be successful as Market Design Engineer we're looking for:

• 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
• Lead Engineer
• 12 years’ of relevant Engineering experience; OR
• 11 years’ of relevant Engineering experience with a Master’s Degree in Electrical, Computer, Industrial, Mechanical or Systems Engineering OR
• 10 years’ of relevant Engineering experience with a Doctoral degree in Electrical, Computer, Industrial, Mechanical, or Systems Engineering
• A Professional Engineer license is required for this role; however, 12 years’ relevant experience may be considered in lieu of a Professional Engineer License
• Sr Engineer II - Nine (9) years of relevant Engineering experience; Professional Engineer License or Advanced degree in related field of study may satisfy one (1) year of experience requirement. Two (2) years of experience may satisfy both a Professional Engineer License and Advanced degree in related field
• Sr Engineer - Five (5) years of relevant engineering experience, a professional engineer license, or an advanced degree may satisfy the requirement for one year of experience.
• Engineer II - Two (2) years of job-related work 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 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
• Understanding of and compliance with SPP Policies and Procedures
  

Lead Level Requirements

• Ability to recognize and address strategic issues important to Market Design
• Proficient at organizing and conducting complex technical and analytical studies
• Skilled at analyzing complex issues and communicating results to diverse stakeholders
• Maintain full accountability in decision making and meeting deadlines
• Provide training and mentoring to other staff
  
  

Preferred

• Advanced degree in economics, math or other related field of study
• Experience with RTO Market formulations and optimization techniques
• Experience with either prototyping market formulation changes or software used to study market formulation changes
• Experience in utility operations, RTO operations or energy trading
• Experience with data manipulation and analysis of large data sets
  
  

Work Environment

• This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.
  
  

Position Type And Expected Hours Of Work

• This is a full-time position. Days and hours of the workweek are Monday through Friday; 8:00 a.m. to 5:00 p.m. Working extended hours may be required.
  
  

Travel Requirement

• This position requires moderate travel (approximately 10-15%)
  
  

SPP is an Affirmative Action and Equal Opportunity Employer of individuals with disabilities and protected veterans and is committed to excellence. If you need a reasonable accommodation for any part of the employment process, please contact us at HR@spp.org and let us know the nature of your request. We will only respond to messages left that involve a request for a reasonable accommodation in the application process. We will accommodate the needs of any qualified candidate who requests a reasonable accommodation under the Americans with Disabilities Act (ADA).

At SPP we value Diversity, Equity and Inclusion. Visit our website to learn more: LINK

Full job descriptions will be made available to those selected for an interview.

Education Required

• Bachelors or better
  
  

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)