Job Description

Job Description

Job Description

The New York Independent System Operator (NYISO) manages the efficient flow of electricity on more than 11,000 circuit-miles of high-voltage transmission lines, dispatching power from hundreds of generating units across the state.

The New York Independent System Operator (NYISO) applies cutting-edge technology to operating a reliable electricity system, managing competitive markets for wholesale electricity, and planning for the Empire State's energy future. The NYISO's Market Operations department invites applicants for a full-time ICAP Market Operations Analyst.

As a member of the ICAP Market Operations team you will support the NYISO's multi-billion dollar per year ICAP market by ensuring all policies, procedures, and tariffs are followed with close attention to detail. The Analyst will work with colleagues to administer more than two-dozen auctions each year using the automated market system software and will communicate market forecasts and outcomes to management and stakeholders. This individual will be responsible for managing and maintaining accurate data and documentation in support of existing market functionality and in support of new projects of major importance to the organization. They will also ensure that NYISO production software supports tariff-defined market rules. The successful candidate will be detailed-oriented and will have strong analytical and communication skills which enable them to succeed while working with a wide range of stakeholders as a subject matter expert for the ICAP Market Operations team.

ESSENTIAL DUTIES and RESPONSIBILITIES

• Annually administer two ICAP capability period auctions, twelve ICAP monthly auctions and twelve ICAP spot-market auctions. Perform other ICAP market activities, Capability Period setup activities including ICAP UCAP translation, Capability Year setup activities including Demand Curve annual updates, billing, UCAP requirements, load shifting, certification, true-up load shifting, DMNC updates and import rights.
• Support collection of data for Gold Book and NYISO reports.
• Develop a strong working knowledge of the Market Services Tariff, Installed Capacity (ICAP) Manual, and associated documentation as they pertain to the theory and operation of the ICAP market.
• Develop and maintain documentation including internal procedures, ICAP manual revisions, and changes to the NYISO Recommend changes to existing procedures when needed to improve accuracy and efficiency.
• Perform analysis and report on ICAP market results and key metrics across NYISO departments.
• Work with ICAP market product design and market software development departments to implement changes to the ICAP system software, including market rule revisions and incorporation of additional functionality into the
• Determine whether software functionality complies with tariff and manual requirements through user acceptance testing (UAT).
• Collaborate with other NYISO departments on market design and market rule changes; specifically identifying changes that have implications to the ICAP market
• Create and/or update SQL statements.
• Other duties as

QUALIFICATIONS

• Bachelor's Degree (BS), in Economics, Mathematics, Computer Science or related technical field Master's Degree strongly preferred or equivalent combination of education and experience.
• Three or more years of relevant industry related or professional experience preferred, or equivalent combination of education, training, and experience.

ADDITIONAL REQUIREMENTS

• Ability to read, analyze and interpret general business periodicals and professional journals, as well as technical procedures or government Ability to write reports, business correspondence and procedure manuals. Ability to effectively present information and respond appropriately to questions from groups of managers, vendors, Market Participants and the general public.
• Ability to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations and Ability to apply mathematical operations to such tasks as frequency distribution, determination of test reliability and validity, analysis of variance, correlation techniques, sampling theory and factor analysis.
• Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical Ability to deal with nonverbal symbolism (formulas, scientific equations, graphs, etc.) in its most difficult phases. Ability to deal with a variety of abstract and concrete variables.
• Ability to understand basic economic theories and
• Intermediate competency in Windows operating environment using MS Office applications, e- mail and internet
• Advanced knowledge of Excel/VBA and a working knowledge of SQL.
• Excellent organizational, teamwork, interpersonal and communication

PHYSICAL DEMANDS

While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand, walk, sit and use hands to perform routine office tasks. The employee is occasionally required to reach with hands and arms. The employee must occasionally lift and/or move up to 15 pounds. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

WORK ENVIRONMENT

The noise level in the work environment is usually moderate. Contact with staff and public will occur. Travel may be required to attend and/or conduct meetings, conferences and training. This position may require work on nights, weekends or holidays.

Please note this position will be filled at a level commensurate with candidate qualifications. Both entry level and experienced candidates are encouraged to apply.

The NYISO offers the flexibility to work both in the office and remotely, providing our employees with an enhanced work life balance. While the majority of the responsibilities of this role can be performed remotely, in most cases, employees will have periodic on-site requirements based on business needs.

The NYISO takes pride in recruiting, developing and retaining highly talented individuals. In addition to competitive salaries, we offer a comprehensive benefits package and innovative reward programs.

All offers of employment will be made contingent upon the successful completion of a drug screening and background check.

The NYISO is an Equal Opportunity Employer and as such, does not discriminate in its hiring or employment practices.

Salary Range

$66,800—$111,700 USD

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