Energy Market Design Lead

Requisition ID: 19724

Join us in building a better future for Arizona!

SRP is one of the largest public power and water utilities in the U.S. providing electricity to approximately one million customers in the greater metropolitan Phoenix area. Since its founding in 1903, SRP has fostered a culture of stewardship and customer service consistently ranking as an industry leader in customer service according to J.D. Power and named one of Arizona's best employers by Forbes. SRP continues to adapt to its changing business environment by seeking innovative ways to reimagine utility service and the provision of critical resources essential to the life and economy of Arizona.

Why Work at SRP

At SRP, we foster an inclusive work environment and believe everyone should have a fair chance to work, regardless of who they are. That’s why we value teams with diverse perspectives, experiences, and backgrounds to help SRP deliver on its mission of providing reliable, affordable and sustainable water and power.

SRP's success is rooted in our employees' happiness, health, and safety. That's why we offer a comprehensive benefits package to meet the needs of our employees and enhance their well-being. In addition to competitive pay and performance incentives, eligible employees can take advantage of the following benefits:

- Pension Plan (at no cost to the employee)

- 401(k) plan with employer matching

- Available your first day: Medical, vision, dental, and life insurance

- Over 200+ hours of PTO (includes vacation days, holidays, floating holidays, and sick leave)

- Parental leave (up to 4 weeks) and adoption assistance

- Wellness programs (including access to a recreation and fitness facility)

- Short and long-term disability plans

- Tuition assistance for both undergraduate and graduate programs

- 10 Employee Resource Groups for career development, community service, and networking

Summary

The Energy Market Design Lead is responsible for SRP’s participation and engagement in organized wholesale market design, recommending and analyzing the impact of design modifications, and supporting the development of market design expertise throughout the organization. This position serves as a Subject Matter Expert (SME) for market operations and market participation.

This position will participate in multiple working groups in support of market design changes and issues. This position will facilitate internal and external discussion, design changes and market analysis for the CAISO EDAM, SPP Markets+, and/or other Western Markets efforts. This position will also represent SRP with NERC, Regional Entities, market stakeholders in the West, as well as RTO members and stakeholders.

What You'll Do

- Participate in industry forums including in-person meetings, conference calls, and webinars with representatives from multiple entities to represent SRP’s interests related to emerging markets and drive successful outcomes.

- Provide specialized technical expertise, primarily for organized wholesale market activities to internal and external committees and working groups related to Western market developments.

- Operate independently as the market design and operational expert to drive positive outcomes for SRP. Keep SRP management and executive leadership updated and informed on market design decisions.

- Lead other professionals through new market design attributes and ensure deliverables are successful.

- Provide project management and technical support to implement transitions into new markets.

- Collaborate with other current and future external market participants.

- Analyze and model proposed regulatory and policy changes, utilizing specialized knowledge of a utility trading organization, to assess the impacts on system operations. Develop, coordinate, and implement plans to adapt SRP’s operational strategies.

- Recommend market design changes to management and facilitate market design changes through relevant stakeholder processes, tariff modification, and business practice/protocol development.

- Assess enterprise level impacts to SRP’s core business function and strategic objectives.

- Assess areas of needed change and/or improvement leading to the resolution of market issues.

- Develop analyses, position papers, comments and other work products that support SRP’s priorities and interests, as well as provide presentations to effectively inform SRP decision-makers of developing market trends.

- Prepare and conduct written and oral reports/presentations to effectively communicate to external entities and industry groups.

- Coordinate, track and lead reviews of market business processes.

- Engage with industry consultants and operations personnel to establish robust paths for interdepartmental coordination and collaboration.

- Support FERC filings through providing data and assist in drafting testimony.

- Review and develop educational materials related to market design and support the training and development of relevant internal stakeholders.

- Analyze market intelligence, interface with regulatory teams and energy traders and gather research to help SRP navigate the energy landscape.

Additional Requirements and Qualifications

- Preference will be given to individuals with experience and knowledge of organized wholesale markets (including energy imbalance markets and ISO/RTO markets), stakeholder processes, real-time or day-ahead trading, utility market policies and practices, and electric utility operations.

- Familiarity with market monitoring, generally accepted ratemaking, cost allocation and pricing principles, resource planning, policies and procedures of FERC and state regulatory commissions also desired.

- Operational knowledge and experience in the Eastern and Western Interconnections strongly preferred.

- Exceptional verbal and written communication skills with an emphasis on presentation skills.

- Excellent time management and organizational skills, including ability to manage changing and multiple priorities.

- Manage relationships with peers and other support groups to ensure departmental and project objectives are met in a timely manner.

- Ability to work effectively with various organizations within SRP.

- Position requires occasional travel to industry functions/meetings, as well as contact with outside agencies.

Education

A bachelor's degree relevant to the assignment from an accredited institution is preferred.

Experience

Minimum of 7 years of relevant experience is required. In lieu of a bachelor's degree, 11 years of relevant experience or an equivalent combination of education and experience totaling 11 years may be considered.

Hybrid Workplace

SRP currently offers a hybrid workplace, which allows employees whose jobs can be performed remotely, and who have sufficient technical capability, to telework up to three days per week. Although teleworking is available, all employees must live and work in Arizona.

Drug/Alcohol Policy Statement

To promote the safety and well-being of our employees, customers, and the communities we serve, SRP is committed to maintaining a drug/alcohol free work environment. Although marijuana may now be legal in Arizona, except as otherwise specified under Arizona law, SRP considers it to be an illegal drug for the purpose of our drug/alcohol policy because marijuana remains illegal at the federal level. Any candidate found to be impaired during the hiring process or who has the presence of an illegal drug or unauthorized substance in their system during the pre-employment drug/alcohol test may be disqualified from further consideration in the hiring process.

Equal Opportunity Employer Statement

Salt River Project (SRP) is committed to equal employment opportunity regardless of race, color, religion, sex (including pregnancy), gender identity, sexual orientation, national origin, age, disability, genetic information, military status, or any other protected status under applicable federal, state or local law.

Work Authorization

All candidates must be legally authorized to work in the United States.

Currently, SRP does not sponsor H1B visas, OPT, or other employment-related visa's.