ICAP Market Operations Engineer

ICAP Market Operations Engineer

Rensselaer, New York, United States

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 NYISO's Market Operations department invites applications for a full-time ICAP Market Operations Engineer to join our team.

The ICAP Market Operations Engineer will support the NYISO's activities related to the Installed Capacity (ICAP) market consistent with applicable policies, procedures and tariffs.

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 to UCAP translation, billing, requirements, load shifting, certification, true-up load shifting, DMNC updates and import rights. Also implement periodic changes to the Demand-Curve values in the ICAP software system as needed.
• Support collection of data for Gold Book and NYISO reports.
• Review, analyze, and approve ICAP Supplier DMNC data. Coordinate with other NYISO departments and Market Participants to ensure accuracy of data.
• Track ICAP resource's CRIS status, DMNC submissions, and Forced Outages in support of NYISO ICAP tariff requirements and NYISO Penalty Review Committee matters.
• Provide support for general auction administration and gain a working knowledge of the remainder of the ICAP market processes.
• Develop documentation, including internal procedures, ICAP manual revisions, and changes to the NYISO tariffs. Recommend changes to existing procedures to gain accuracies and efficiencies.
• Work with Market Products to implement changes to the ICAP system software, including market rule revisions and incorporation of additional functionality into the system. Participate on teams to define and test new software.
• Collaborate with other NYISO departments on market design and market rule changes. Specifically identifying changes that have implications to the ICAP market processes.

SUPERVISORY RESPONSIBILITIES

None.

EDUCATION

Bachelor's Degree (BS) in Business, Engineering, Computer Science or related discipline required.

EXPERIENCE

Three to five years of relevant industry related or professional experience, capacity markets preferred; or equivalent combination of education, training and experience.

CERTIFICATES, LICENSES, REGISTRATIONS

None required.

ADDITIONAL REQUIREMENTS

Ability to read, analyze and interpret general business periodicals, professional journals, technical procedures or government regulations. Ability to write reports, business correspondence and procedure manuals. Ability to effectively present information and respond 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 permutations. 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 problems. 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.

Intermediate competency in Windows operating environment using MS Office applications, e-mail and internet programs. Intermediate competency using PSS/e Optimal Power Flow, UNIX and PC systems preferred. Intermediate competency using SQL preferred. Advanced knowledge of Excel and a working knowledge of SAS or statistical programming language preferred.

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.

At the NYISO, we realize the importance of balancing the availability of remote work with the inherent value of bringing people together to attain success in the areas of maximum collaboration, relationship building and growth, teamwork, innovation and problem solving, as well as professional development and mentoring. In this role, you will be required to work onsite from our Rensselaer, NY location several days per workweek, with the option to work remotely on the remaining days. You will also be expected to respond to all business needs that may require any increase to the regular onsite requirements.

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

$80,800 - $135,000 USD