At ERCOT, our diverse and dynamic work environment provides a platform on which employees can work together to build the future of the Texas power grid and wholesale market utilizing the latest technologies and resources. We encourage you to join our talented, dedicated workforce to develop world-class solutions for today and tomorrow's energy challenges while learning new skills and growing your career.
ERCOT is committed to fostering diversity and inclusion at all levels of our company. It is the cornerstone of our corporate values of accountability, leadership, innovation, trust, and expertise. We accept and celebrate those that join us and recognize that individuals with a wide variety of talents, ideas, and experiences propel the innovation that drives our success. A diverse and inclusive workforce strengthens us and allows for a collaborative environment to solve the challenges that face our industry today and in the future.
Settlements Analyst performs settlement calculations and responds to inquiries from the Market Participant's Account Representatives.
The analyst will demonstrate knowledge and expertise in the detailed settlement calculations and will assist with projects, as necessary, to implement ERCOT's Commercial Operation Systems, including future enhancements.
JOB DUTIES
- Serves as subject matter expert for the Settlement of the ERCOT nodal market
- Develops protocol language and system requirements related to Settlements
ADDITIONAL JOB DUTIES
Demonstrates knowledge and expertise in the detailed operations of congestion, profiling, unaccounted for energy (UFE) analysis, settlement calculation and the associated grid / operational ERCOT chargesAssists with projects, as necessary, to implement ERCOT's Commercial Operation Systems including future enhancementsAssists with system development, product implementation, certification and testingDevelops and maintains a strong level of understanding of the competitive energy marketsIdentifies detailed solutions and improvements to procedures and software to improve accuracy, efficiency, and timelinessResolves client questions, disputes, and data errors in the operations of settlement computationsIdentifies and recommends improvements to procedures and software to improve accuracy, efficiency, and timelinessAssists with the day-to-day activities of the teamRegularly updates the Senior Settlement Analyst of system issues through formal status reports as well as informally via e-mails, voice message and regular team interactionResponsible for notifying superiors of key issuesDevelops strong working relationships with the key staff members of the Settlement Team, and promotes similar relationships with staff members of other ERCOT departmentsClearly communicates complex technical concepts both in a written and oral mannerAssists in implementing the Settlement and Client Services Training ProgramSupport the Settlement Team and work with peers to accomplish team objectives and ERCOT initiativesHas working knowledge of market and power systems and the understanding of the data elements passed from these systems to the settlement systemResolves client questions, disputes and data errors in the operations of settlement calculations Takes initiative to identify and recommend detailed solutions and improvements to procedures and tools that increase accuracy efficiency and timelinesWrites and executes SQL queries to generate results used in analytical reportsServes on projects, as necessary, to implement ERCOT's Commercial Operation Systems including future enhancementsServes as a mentor for other analysts in the departmentUses knowledge of software life cycle to complete tasks, enhance tools and ensure effective process flowEXPERIENCE
Requires minimum 2 years job related work experience in excess of degree requirementsComfortable working with excel including : complex formulas, pivot tables and graphsComfortable interpreting and manipulating algebraic equationsPrefer experience with, or aptitude for, SQL, Visual Basic and SASEDUCATION
Bachelor's Degree : Business Administration, Engineering, Mathematics, Finance or related; (Required)or a combination of education and experience that provides equivalent knowledge to a major in such fields is requiredWORK LOCATION :
This position is Hybrid. You will be required to be on-site at the Taylor or Austin facilities at least two times per week, or more based on the business needs and as determined by the ManagerWork arrangements are subject to business needs and are subject to change accordinglyEmployees may opt to work on-site more than required or 100% of the timePosition level and compensation will be determined by the successful candidates overall experience.
The foregoing description reflects the minimum qualifications and the essential functions of the position that must be performed proficiently with or without reasonable accommodation for individuals with disabilities. It is not an exhaustive list of the duties expected to be performed, and management may, at its discretion, revise or require that other or different tasks be performed as assigned. This job description is not intended to create a contract of employment with ERCOT. Both ERCOT and the employee may exercise their employment-at-will rights at any time.
LI-Hybrid, #LI-AK1
ERCOT is firmly committed to equal employment for all qualified persons without regard to race, sex, medical condition, religion, age, creed, national origin, citizenship status, marital status, sexual orientation, physical or mental disability, ancestry, veteran status, genetic information or any other protected category under federal, state or local law.
Expected Salary Range :
61,131 - $100,871
Salary : $61,131 - $100,871
