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Senior Engineer Market Design

Job in Carmel, Hamilton County, Indiana, 46033, USA
Listing for: MISO
Full Time position
Listed on 2026-07-23
Job specializations:
  • Engineering
Salary/Wage Range or Industry Benchmark: 129000 - 139000 USD Yearly USD 129000.00 139000.00 YEAR
Job Description & How to Apply Below

The role involves analyzing complex operational, economic, and accounting data to support evaluations of market structures, outcomes, operations events, and the 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.

Senior

Engineer Market Design / Economist Responsibilities
  • 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.
Qualifications
  • 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.
  • Economist:
    Master’s degree in Economics.
  • At least 4 years of related engineering experience required.
  • At least 2 years of related economist experience required.
  • Specific experience within power system analysis and operation and associated software development, statistical and econometrics analysis, market analysis and design, optimization algorithms, or econometrics required.
  • Preferred:
    Previous deregulated wholesale electricity market or utility experience, previous energy industry experience with a regional transmission organization (RTO) market participant, or possession of NERC certification.
Compensation & Benefits

The base salary compensation range for this role is $129,000-$139,000 USD annually. Salary may vary based on location, qualifications, and experience.

Position is eligible for an annual bonus if individual performance and company objectives are met.

Benefits include 401k, vacation, sick and safe time, starting 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, see Know Your Rights notice from the Department of Labor.

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Position Requirements
10+ Years work experience
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