Settlement Operations Analyst

Summary

Join the New York Independent System Operator (NYISO) as a Settlement Operations Analyst! In this full-time role, you will screen billing data for accuracy, compile and reconcile invoices, and perform data analysis using various systems. Responsibilities include monitoring data integrity, validating generator statuses, coordinating with meter authorities, and performing inadvertent interchange accounting. You will also support Meter Data Management Protocols, maintain departmental metrics, and provide guidance to Associate Analysts. The position requires a Bachelor's degree and five years of related experience. The NYISO offers a competitive salary, comprehensive benefits, and flexible work arrangements.

Requirements

• Bachelor’s Degree (BS, Accounting, Business, Economics or Finance) required
• Five years related analyst experience, utility industry or market trading desired, using financial and accounting systems, NYISO or Market Participant experience a plus; or equivalent combination of education, training and experience
• Ability to read, analyze and interpret general business periodicals, professional journals, technical procedures or government regulations
• Ability to write reports, business correspondence and procedures
• Ability to effectively present information and respond to questions from managers, vendors, market participants and the general public
• Ability to calculate figures and amounts such as discounts, interest and percentages
• Ability to apply concepts of basic algebra to practical situations
• Ability to apply common sense understanding to carry out instructions furnished in written, oral or diagram form
• Ability to deal with problems involving several concrete variables in standardized situations
• Intermediate competency in Windows operating environment using MS Office applications, e-mail and internet programs

Responsibilities

• Daily monitoring and reporting upon the integrity of data integral to the settlements process, utilizing the following systems: External communication systems, Internal communication systems, Market Information System (MIS), Security Constrained Unit Commitment (SCUC), Real-time Commitment (RTC), Real -time Dispatch (RTD), Performance Tracking System (PTS), Market Information System archival (MISHIST), Consolidated Invoice and Customer Settlements Interface (CI/CSI), Salesforce, Microsoft Suite (Excel, Word, PowerPoint)
• Data analyses as prescribed by departmental procedure include: Reporting of billing determinant data integrity, including generator meter and performance data and tie meter flows
• Verification and validation of generator out-of-merit statuses
• Receipt and validation of generator requests for out-of-merit billing treatment during start-up/shut-down and testing periods
• Maintain departmental metrics
• Compile, store and retrieve documentation
• Support Meter Data Management Protocols and timelines
• Coordination with Meter Authorities on initial receipt and processing and updates of generator, tie and load meter data in accordance with the associated provisions of the NYISO tariff
• Documentation of results and reporting of anomalous data based on analyses performed on meter data
• Perform Inadvertent Interchange Accounting, including: Confirmation of tie-line flows, system withdrawals and transmission service schedules
• Coordination with external control area representatives in reconciling inter-flow schedules and actuals
• Compile and reconcile Weekly and Monthly Invoice files for review by Finance management, to include: Manual adjustment calculation and entry or peer review, TCC/ ICAP auction results, Interest calculations
• Cross train to learn other functions in the department
• Perform work under the guidance of Senior Analysts and report issues to more senior department members
• Provide direction and guidance to Associate Analysts in performance of departmental processes, as necessary
• May perform other analyses, structured and ad hoc, as directed
• Special projects as assigned

Preferred Qualifications

Intermediate proficiency in the SAS statistical analysis software a plus

Benefits

• Competitive salaries
• A comprehensive benefits package
• Innovative reward programs
• The flexibility to work both in the office and remotely