Sr. Market Design Specialist I

2 weeks ago

Norristown, United States PJM Inc Full time

Flexible Work Arrangements: HybridThe Market Design Specialist will work directly with the Manager of Market Design to support the development of significant market design enhancements across all of PJM's markets. The Market Design Specialist will be responsible for leading cross-divisional teams in the development of such enhancements, offering subject matter expertise and insight in these conversations while driving the team toward consensus and achievement of the project objectives. They will also have responsibility for supporting such market design enhancements in the stakeholder process and before the Federal Energy Regulatory Commission.
The Market Design Specialist will also work to develop PJM's knowledge of market design practices across other organized wholesale energy markets through close coordination with other ISOs and RTOs and independent research.Essential Functions:

  • Possesses a working knowledge of PJM markets and understanding of the PJM Agreements and Tariffs.
  • Applies expertise in solving new and complex problems and develops innovative strategies to evolve the PJM markets.
  • Demonstrates the ability to work independently in the performance of complex studies and analysis of issues.
  • Gains recognition as a multi-disciplined expert in PJM markets and in other professional organizations.
  • Maintains an exceptional level of customer focus.
  • Offers concepts and strategies pertaining to market design that will enable PJM to remain at the top of its field.
  • Develops contacts with and maintains coordination with the Market Design functions and other markets subject matter experts at other ISOs and RTOs to share best practices and stay apprised of emerging market design approaches.
  • Independently researches market design approaches employed in other ISOs and RTOs across the world and offered by academia
  • Manages the conflicting expectations of the various sectors represented by the market participants.
  • Develops and delivers presentations on complex ideas to internal and external stakeholders
  • Develops whitepapers to support market design alternatives and facilitate internal decision making on complex market design matters
  • Leads the implementation of complex market design initiatives, driving cross-functional internal teams to consensus on selected market design approaches
  • Assists in the development of revisions to the PJM governing documents to support proposed market design changes
  • Works closely with PJM legal counsel in the development of FERC filings to support proposed market design changes, including drafting and revising transmittal letters and affidavits.
  • Closely coordinates with Market Operations staff to ensure buy in of market design proposals and consistent implementation of approved market design solutions.
Characteristics & Qualifications:
Required:

  • BS degree in Engineering, Computer Science, Business or equivalent work experience
  • Ability to produce high-quality work products with attention to detail
  • Experience in quantitative and qualitative analysis
  • Ability to use mathematical and electrical theory
  • Ability to troubleshoot and provide technical support
Preferred:

  • MS degree in Engineering or At least 8 years of experience Sr. Engineer/Sr. Analyst
  • At least 8 years of experience Sr. Engineer/Sr. Analyst
  • Experience with PJM operations, markets, and planning functions
  • Experience using PSS/e (power system analysis program)

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