Senior Engineer Market Design

Location:

Indiana, 720 City Center Drive, Carmel, IN 46032, USA.

The role involves analyzing complex operational, economic, and accounting data to support evaluations of market structures, outcomes, operations events, and periodic reporting of market status and results. The position will assist the management team in recommending changes to MISO’s market design and systems, and will communicate analysis results and new proposals to internal groups and stakeholders to garner support and inform business decision‑making.

• Perform engineering, statistical, and economic analyses on system and market operations, including participant activities, pricing trends, demand‑supply imbalances, market anomalies, and overall market design efficiency.
• Develop and evaluate new or enhanced wholesale electricity market design initiatives, assessing their impact on market structure, competitiveness, and efficiency as the industry evolves.
• Propose and implement improvements to market models, algorithms, and policy provisions to enhance performance and reliability.
• Develop and track key market performance indicators to evaluate market conditions and identify areas for improvement.
• Conduct economic modeling and analysis to assess market data quality and evaluate the effectiveness of proposed market rule or tariff changes.
• Review and assess compliance of MISO market systems with tariff requirements, recommending system and tariff modifications to improve adherence and operational integrity.

• Senior Engineer:
  Bachelor’s degree in Electrical Engineering, Computer Engineering, Electrical Engineering Technology, Electrical and Computer Engineering, Electrical and Electronic Engineering, or Electronics and Computer Engineering Technology.
• At least 4 years of related engineering experience.
• Economist:
  Master’s degree in Economics.
• At least two years of related economist experience.
• Specific experience within one of: power system analysis and operation and associated software development, statistical and econometrics analysis, market analysis and design, optimization algorithms, econometrics.

• Previous deregulated wholesale electricity market or utility experience.
• Previous energy industry experience with a regional transmission organization (RTO) market participant.
• Possess NERC certification.

Appropriate level will be determined based upon experience and knowledge.

The base salary compensation range for this role is $129,000‑$139,000 USD annually. Position is also eligible for an annual bonus if individual performance and company objectives are met. MISO offers a comprehensive benefits package, including 401(k), vacation, sick, and safe time, available on your first day of employment.

Equal Opportunity Employer. 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 notice from the Department of Labor.