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.
- Lead Market Monitor Pay Range: $109,500.00 -$142,250.00
- Senior Market Monitor & II Pay Range: $95,200.00 - $123,700.00
- Market Monitor II Pay Range: $76,000.00 - $96,900.00
Join Our Team at SPP as a Market Monitor!
The SPP Market Monitoring Unit (MMU) plays a crucial role in maintaining the integrity and reliability of SPP's wholesale electricity market across 14 states in the central and western U.S. As part of our team, you’ll be integral in ensuring that market activities are fair, transparent, and compliant with regulatory requirements. The MMU operates independently from SPP and its stakeholders to help ensure a high degree of objectivity in its evaluation of and reporting on market operations and potential issues. The MMU has a unique role where it provides both an independent and objective opinion on market design, operation, and related issues, as well as recommendations to improve market efficiency and equity across all participants. These opinions extend to existing and proposed rule changes and/or new policies that impact SPP’s market design or reliability. The surveillance team investigates potential issues that may arise in the day-to-day activities of the market and its operation. The analytics team analyses existing and proposed market design elements and represents the MMU at stakeholder meetings.
We are seeking a Market Monitor who will actively contribute to the oversight and analysis of the market, ensuring its efficiency and effectiveness while safeguarding against market power abuse, manipulation, and gaming of market rules. This role offers the opportunity to make an impact through independent evaluation, objective reporting, and strategic recommendations to improve market efficiency and equity across participants.
Key Responsibilities:
- Market Analysis: Perform in-depth analysis on existing and/or new market products, specific market activity, or specific market events.
- Rule Change Review: Review proposed rule changes, conduct analysis, and provide opinions on their potential impact.
- Presentations & Reports: Prepare and present MMU analysis and resulting opinions at stakeholder meetings.
- Formal Documentation: Write formal comments on proposed rule changes, MMU recommendations, and FERC filings.
- Data Monitoring: Analyze and review market data, identifying potential market power abuse, manipulation, and gaming. Provide support for ad hoc analysis and routine reports.
- Special Projects: Lead and contribute to special projects of varying scope and length.
- Team Collaboration: Work effectively within a multi-disciplinary team, supporting the development of metrics, analysis, reports, and responses to inquiries.
- On-Call Responsibility: Participate in rotating on-call duties with other team members for real-time operations monitoring.
Additional Responsibilities:
- Engage with SPP internal departments, senior management, regulatory staff, and market participants while maintaining MMU’s independence.
- Support committees, working groups, and external members as part of the MMU’s market monitoring obligations.
- Manage your individual work effort, supporting team efforts and contributing to new and unique analysis as you progress in your role.
If you are passionate about the energy sector, market integrity, and regulatory compliance, we invite you to apply and join our team in ensuring that the SPP market remains efficient, transparent, and fair.
To be successful, we're looking for:
- Bachelor’s degree in economics, math, computer science, information technology, engineering or other related field; three (3) years of job-related experience in the industry, and experience at a lead level, may be considered in lieu of education requirement.
- Lead Market Monitor: Ten (10) Years of Experience in market monitoring, power marketing, RTO operations, economic analysis, data analysis, or a directly related field; this is in addition to experience in lieu of education; or an advanced degree in a related field may be considered toward relevant years of experience.
- Senior Market Monitor II: Eight (8) Years of experience in market monitoring, power marketing, RTO operations, economic analysis, data analysis, data science, or a directly related field; or an advanced degree in a related field may be considered toward relevant years of experience.
- Senior Market Monitor: Five (5) Years of experience in market monitoring, power marketing, RTO operations, economic analysis, data analysis, data science, or a directly related field; or an advanced degree in a related field may be considered toward relevant years of experience.
- Market Monitor II: Three (3) years of experience in market monitoring, power marketing, RTO operations, economic analysis, data analysis, data science, information technology, or a directly related field; or an advanced degree in a related field may be considered toward relevant years of experience.
Work Environment:
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets.
Position Type and Expected Hours of Work:
This is a full-time position. Days and hours of workweek are Monday through Friday; 8:00 a.m. to 5:00 p.m. central time. Working extended hours may be required.
Travel Requirement:
This position requires minimal (10%) travel
SPP is an equal opportunity employer that makes employment decisions without regard to race, religion, color, national origin, citizenship, sex, gender identity, sexual orientation, veteran status, age, disability status or any other characteristic protected by applicable law. Further, SPP makes good faith efforts to employ and advance in employment qualified protected veterans and qualified individuals with disabilities. If you need a reasonable accommodation for any part of the application process, please contact us at [email protected] (mailto:[email protected]) 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.
At SPP we believe in a culture of belonging. Learn more here: Culture of Belonging - SPP (https://spp.org/careers/culture-of-belonging/).
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.
