Power Market Operations & Settlements Analyst

Power Market Operations & Settlements Analyst (New York, NY)

Job Description

• Act as primary point of contact for ISO operational activities, with a focus on settlement validation, reconciliation, and issue resolution
• Validate submitted schedules and confirmed volumes, ensuring consistency with executed trades
• Provide weekend coverage as needed for scheduling-related activities to support business and operational requirements
• Perform daily, weekly, and ad hoc reconciliation of ISO settlements, including validation of:
  • Volumes (forecast vs actual vs scheduled)
  • Prices (RT/DAM components, imbalance charges)
  • Settlement charges and adjustments
• Ensure alignment between ISO data and ETRM:
  • Update actual quantities
  • Reconcile positions and settlement outputs
• Support daily/weekly ISO settlement cycles and payment readiness
• Investigate and resolve settlement discrepancies and resettlements in coordination with ISO, counterparties, and internal teams
• Maintain audit-ready documentation and controls across settlement and reconciliation processes
• Support gradual improvement of processes, tools, and automation initiatives (ETRM / Bid-to-Bill / ISO integration)
• Over time, the role is expected to evolve alongside business expansion, with potential exposure to broader power operations and scheduling activities

Requirements

• Strong understanding of US power markets, with emphasis on ISO settlement processes
• Hands-on experience with:
  • ISO portals
  • Settlement statements and reconciliation
• Experience working with ETRM systems

Preferred

• Experience in ERCOT (strongly preferred); PJM/MISO a plus
• Exposure to ISO Virtual Transactions and Congestion Products
• Experience with TriplePoint CXL is a plus
• Familiarity with bid-to-bill tools (Adapt2, PCI, OATI, etc.)
• Understanding of power scheduling workflows and concepts (volume confirmations, e-tagging)
• Exposure to collateral / credit monitoring in ISOs
• Experience with FERC and EIA reporting requirements

Compensation

• The expected base salary ranges from $95K -$125K. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.