Sr Specialist Market Models

Sr Specialist Market Models

INDEPENDENT ELECTRICITY SYSTEM OPERATOR (IESO)

Requisition ID:

20450

Location:

Mississauga or Toronto

Status:

Temporary up 30 months

Business Unit:

Markets & Reliability

Why join us?

You’ve got great skills. And you want to use them in an organization where you know what you do every day matters. We get that.

We also know that ensuring Ontarians have access to affordable and reliable power doesn’t happen by accident. So we give you the tools, flexibility and support you need to achieve your goals, and development opportunities to help you grow. You’ll thrive in a collaborative, team-based environment that values your unique skills and experiences – and recognizes that when you do better, we become even better too.

The Independent Electricity System Operator (IESO) works at the centre of the province’s power system, ensuring Ontarians have access to reliable and cost-effective electricity when and where they need it. We operate the province’s electricity grid 24/7, design, run and oversee the wholesale electricity markets, and plan and prepare to meet Ontario’s electricity needs – now and into the future.

The opportunity

The Enabling Resources Program (‘ERP’ or ‘Program’) is a set of projects that will enable key emerging resources, specifically electricity storage, hybrid generation-storage pairings, and small individual or aggregations of dispatchable Distributed Energy Resources into the IESO-administered markets, tools, and processes. The aim of ERP is to allow these resources to more effectively provide required system services and contribute to the safe and reliable operation of the bulk power system in Ontario.

The Program is looking for a Senior Specialist, Market Models with expertise in market algorithms and system optimization to support and introduce changes to our day-ahead market (DAM), pre-dispatch (PD), and real-time (RT) market engines as it relates to storage, hybrid, and distributed energy resources. They will also model and evaluate the impact of changes in the Ontario Electricity market design and/or rules based on key market variables. This role may interact with the external sector, software vendors, and numerous IESO areas such as Enterprise Change, IT, M&R, Settlements and MACD.

The Senior Specialist will lead, and undertake studies, programs or projects related to real or potential impacts based on developments and/or trends in the electricity industry and other energy markets. As well, they will analyze and produce recommendations and reports on the modelling of changes to market design specific to ERP. They will provide guidance, where necessary, regarding the appropriate use and interpretation of information produced by or related to market analysis or research. In addition, they will participate in public stakeholdering of market development recommendations and reports.

What you'll do

What you need to succeed

Education:

Experience:

What’s in it for you

Deadline: July 10, 2025

For future reference, please ensure to save a copy of the job description as it will no longer be available once the posting closes.

At the IESO, we know that achieving great results depends on embracing diversity by attracting, developing and retaining people from a wide variety of backgrounds. We do this by ensuring our recruitment and advancement policies are fair and equitable, and by creating an accessible and inclusive environment – one that values every team member’s unique skills and experiences and ensures they have the support they need to achieve their potential. If you require accommodation during the recruitment process, please let us know.

We thank you for your interest in a career at the IESO, but we will only contact those candidates selected for an interview.

The IESO offers a hybrid work model program to most of our employees, based on business needs. Individuals participating in the program can work an average of three days per week remotely within Ontario. It also offers three flex weeks when individuals can work remotely within Ontario . When working in the office, you will be located at our Mississauga or Toronto location.

Sign up for talent community; stay in touch, find out about new opportunities – and discover how you can make a difference. Discover how we use our expertise and commitment to deliver reliable and affordable electricity to Ontario’s businesses and communities, and how we’re innovating to secure a stronger energy future for all Ontarians. Visit Careers at IESO and be sure to follow us on LinkedIn.

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