Remote Economist

Summary

The California ISO is hiring a market monitor to conduct economic analysis and reporting on overall market performance and efficiency, investigate potential market design problems, and ensure compliance with market rules. The position requires a Bachelor's degree in Economics, Operations Research, Business or related technical field, and at least two years of experience in related fields such as applied economic analysis, statistical analysis, industrial organization, market performance monitoring, utility operations and planning, energy trading, regulatory or policy analysis, or data verification.

Requirements

• A Bachelor's degree (BA, BS) or equivalent education, training or experience in Economics, Operations Research, Business, or related technical field
• Two or more years related experience

Responsibilities

• Monitors and analyzes market performance, market participant behavior and compliance with market rules
• Designs and calculates indices for monitoring market performance and market participant behavior
• Assists in the design, development and management of surveillance and monitoring systems used in identifying, analyzing and investigating market performance, efficiency, participant behavior and compliance with market rules
• Conducts economic analysis related to market design issues
• Investigates market performance, behavior and design issues and creates special analytical reports as needed
• Reviews and analyzes variable, fixed, and opportunity costs of electric generation resources
• Reviews proposed tariff provisions and other market design elements with a focus on improving market design, enhancing market efficiency, and preventing opportunities for market gaming and abusive market behavior
• Investigates potential instances of market gaming, or non-compliance with the ISO tariff, regulatory contracts, and other market rules
• Prepares and analyzes data queries, reports, charts and slide presentations to support special studies, investigations, board meetings, and regulatory filings and proceedings
• Provides guidance and expertise to other staff within the department
• Maintains a highly secure and protected market investigation process
• Attends business meetings, and collaborates with colleagues to develop ‘best practices', and to identify and resolve issues to help create a flexible and efficient organization

Preferred Qualifications

Experience in one or more of the following areas: applied economic analysis, statistical analysis, industrial organization, market performance monitoring, utility operations and planning, energy trading, regulatory or policy analysis. Experience with data verification, large data sets, computer modeling, programming techniques and analysis of electricity and fuel market performance is helpful

Benefits

• Flexible work arrangements (remote or hybrid schedule)
• Relocation assistance