Market Analyst II or I - Market Forensics

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

PLEASE NOTE: SPP is not able to sponsor employment visas or student-work authorizations (STEM OPT) for this position. Please ensure you are eligible to work in the U.S. without sponsorship prior to applying.

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.

- Market Analyst I – Salary Range: $64,060 - $78,460

- Market Analyst II – Salary Range: $77,900 - $99,320

Join our team as the Market Analyst II or I!

The Market Analyst plays a key role in supporting the reliability and efficiency of the SPP electricity markets. This position is responsible for analyzing market data, developing a deep understanding of market concepts and protocols, performing market clearing engine sensitivities, and supporting Market Operations through daily, monthly, and annual market activities. The Market Analyst also contributes to software development/testing efforts and provides timely responses to customer inquiries.

Key Responsibilities

- Develop a detailed understanding of electricity market concepts by reviewing market protocols and researching assigned market areas.

- Analyze market data by building robust database queries and drawing actionable insights.

- Gain proficiency with the market clearing engine and perform sensitivity analyses in support of market studies.

- Support Market Operations with:

- - Daily market reviews

- Repricing activities

- Monthly model upload validations

- Resolution of market study issues

- Participation in a 24/7 on-call rotation

- Assist in the development, testing, and implementation of market software changes.

- Respond to and resolve customer issues by conducting analysis, providing clear communication, and coordinating internal discussions as necessary.

- Support daily, monthly, quarterly, and annual market analysis processes.

- Develop and maintain recurring market reports to meet established deadlines.

- Provide analytical support and presentations to SPP working groups, committees, and task forces.

- Perform commercial modeling with a high standard of data integrity and support updates to commercial model software.

- Monitor and maintain accuracy for wind and solar forecasting tools.

- Provide analysis and review of Post Operations Processing System (POPS) results and ensure accurate data transfers to Settlements in alignment with SOC1 financial controls.

- Support updates to public data postings through the creation, modification, and review of database queries.

To be successful as the Market Analyst II or I we're looking for:

- Bachelor’s degree in economics, Mathematics, Physics, Computer Science, or other related degree

- Market Analyst I – no experience required

- Market Analyst II - Two (2) years of job-related work experience

- Strong inter-personal and teamwork skills

- Excellent oral and written communication skills

- Excellent analytical and problem-solving skills

- Understanding of and compliance with SPP Policies and Procedures

Preferred:

- Advanced degree in related field

- Electricity industry experience

- Experience with software programming languages

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 minimal travel (approximately 0 - 10%)

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 believe in a culture of belonging. Learn more here: Culture of Belonging - Southwest Power Pool .