Manager, Market Design - Capacity and New Resource Integration

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 Manager, Market Design is responsible for managing a high performing team that facilitates the enhancements to and evolution of the NYISO’s market design and market software.  Working in concert with Market Structures, Operations, Planning, Finance, Market Mitigation and Analysis, and Information Technology, they will plan the evolution, oversee the development of, and communicate the long-term market vision, strategy and technical direction of the products as defined within the product plans, and develop annual business plans in alignment with the NYISO’s strategic initiatives and objectives. 

ESSENTIAL DUTIES and RESPONSIBILITIES 

• Lead development and/or creation of market design features delivering economically efficient and reliable outcomes, balancing the positions of stakeholders and bringing value to consumers.
• Direct analyses on the effectiveness, efficiency, and competitiveness of NYISO’s market rules and coordinate the development of revised market rules to improve the performance of NYISO markets.
• Formulate policies and market design recommendations for review with staff, senior management, regulators and market participants.
• Advocate for competitive market design outcomes, and appropriate price signals, with internal and external stakeholders.
• Lead interaction with NYISO stakeholders and regulators to review market design proposals, solicit feedback, and gain sufficient support to pursue market improvements.
• Interface with customers and other interested parties to clearly define product requirements for new feature delivery. Validate functional requirements are complete and accurate as defined by the customer, confirm that all applicable compliance objectives are met by the requirements, and ensure involved parties approve that the requirements are complete and accurate.
• Represent NYISO in stakeholder forums, industry groups and regulator forums as an independent, unbiased source of information on the operation of the bulk power system and wholesale market in New York.
• Engage strategic NYISO vendors in product planning workshops to ensure integration with NYISO architecture plans, industry trends and stakeholder product demands.
• Establish product plans identifying the enhancement, development, evolution and improvement of products identified in the product portfolio. Product plan development will be based on consideration of input from the NYISO strategic plan and business objectives, stakeholder and regulator direction and customer input.
• Support the development, management and execution of the annual projects plans. Coordinate the creation of project resource and cost estimates, build detailed work breakdown / project plans, provide project management oversight to ensure the plan is maintained and progress is tracked, develop and report appropriate metrics such that plan progress can be tracked by management and stakeholders, identify deviations from the plan and recommend remedial actions.  Manage NYISO projects in accordance with project budgets and strategic plan; coordinate changes to the plan with stakeholders through the appropriate processes.
• Participate in the development and proliferation of the NYISO product management processes and practices and software development life cycle. Implement enhancements/improvements to the product management lifecycles, as required, and develop metrics designed to monitor product success and report progress as compared to defined objectives.
• Create product development plans, product marketing plans, product promotional materials, product documentation, and supporting business cases designed to advance the products and services offered by NYISO to internal and external customers.
• Manage capacity market design staff including establishing goals, creating development plans, approving work products, and fulfilling other managerial responsibilities as assigned.
• Excellent interpersonal, organizational and teamwork skills needed.

SUPERVISORY RESPONSIBILITIES

This position does possess supervisory responsibility.  Positions reporting to the Manager, Market Design may include Business Analyst(s), Engineer(s), Economist(s), Project Manager(s), and Market Design Specialist(s)

QUALIFICATIONS:

• Bachelor’s Degree in Engineering, Operations Research, Finance, Economics or other related technical field required.
• Knowledge of Power Systems Engineering and Economics is preferred.Master’s Degree strongly preferred or equivalent combination of education and experience. 
• A minimum of ten years of professional experience in the electricity industry
• Knowledge of electric power systems or wholesale electric markets is desired; or equivalent combination of education, training and experience or an equivalent combination of education, training and experience.
• Knowledge of project management principles, processes, and tools used to effectively manage projects is required.
• Project experience with Information Technology (IT) projects and business experience in electric power systems or wholesale electric markets is desired.

CERTIFICATES, LICENSES, REGISTRATIONS

None required.

ADDITIONAL REQUIREMENTS

• Must have excellent verbal and written communication and management skills. Ability to read, analyze and interpret common scientific and technical journals, financial reports and legal documents. 
• Ability to respond to common inquiries or complaints from market participants, regulatory agencies or members of the business community. Must be mentally, emotionally, and physically able to handle direct and/or disparaging criticism from external customers and demonstrate emotional intelligence when interacting in hostile external meetings.
• Ability to write speeches, and articles for publication that conform to prescribed style and format.
• Ability to effectively present information to top management, public groups and/or board of directors.

• Ability to work with mathematical concepts such as probability and statistical inferences and fundamentals of plane and solid geometry and trigonometry, understand and apply optimization techniques.  Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

• Ability to define problems, collect data, establish facts and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
• Intermediate competency in Windows operating environment using MS Office applications, e-mail and internet programs. Knowledge and understanding of how market software works and the process of IT software development desired.

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.

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.

The NYISO offers the flexibility to work both in the office and remotely, providing our employees with an enhanced work life balance. While the majority of the responsibilities of this role can be performed remotely, in most cases, employees will have periodic on-site requirements based on business needs.

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.

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