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ERCOT · 20 hours ago

Settlements Operations Analyst

Taylor, TX

Full-time

Hybrid

Entry, Mid Level

$61K/yr - $101K/yr

2+ years exp

ERCOT is a company focused on building the future of the Texas power grid and wholesale market. The Settlements Operations Analyst is responsible for performing settlement calculations and assisting with ERCOT's Commercial Operation Systems, while also demonstrating expertise in market operations and resolving client inquiries.

Energy

H1B Sponsor Likely

Responsibilities

Serves as subject matter expert for the Settlement of the ERCOT nodal market

Develops protocol language and system requirements related to Settlements

Demonstrates knowledge and expertise in the detailed operations of congestion, profiling, unaccounted for energy (UFE) analysis, settlement calculation and the associated grid/operational ERCOT charges

Assists with projects, as necessary, to implement ERCOT's Commercial Operation Systems including future enhancements

Assists with system development, product implementation, certification and testing

Develops and maintains a strong level of understanding of the competitive energy markets

Identifies detailed solutions and improvements to procedures and software to improve accuracy, efficiency, and timeliness

Resolves client questions, disputes, and data errors in the operations of settlement computations

Identifies and recommends improvements to procedures and software to improve accuracy, efficiency, and timeliness

Assists with the day-to-day activities of the team

Regularly updates the Senior Settlement Analyst of system issues through formal status reports as well as informally via e-mails, voice message and regular team interaction

Responsible for notifying superiors of key issues

Develops strong working relationships with the key staff members of the Settlement Team, and promotes similar relationships with staff members of other ERCOT departments

Clearly communicates complex technical concepts both in a written and oral manner

Assists in implementing the Settlement and Client Services Training Program

Support the Settlement Team and work with peers to accomplish team objectives and ERCOT initiatives

Has working knowledge of market and power systems and the understanding of the data elements passed from these systems to the settlement system

Resolves client questions, disputes and data errors in the operations of settlement calculations Takes initiative to identify and recommend detailed solutions and improvements to procedures and tools that increase accuracy efficiency and timelines

Writes and executes SQL queries to generate results used in analytical reports

Serves on projects, as necessary, to implement ERCOT's Commercial Operation Systems including future enhancements

Serves as a mentor for other analysts in the department

Uses knowledge of software life cycle to complete tasks, enhance tools and ensure effective process flow

Qualification

Settlement calculationsSQLEnergy market knowledgeExcel proficiencySoftware life cycle knowledgeCommunication skillsMentoringProblem-solving

Required

Minimum 2 years job related work experience in excess of degree requirements

Bachelor's Degree: Business Administration, Engineering, Mathematics, Finance or related; or a combination of education and experience that provides equivalent knowledge to a major in such fields is required

Comfortable working with excel including: complex formulas, pivot tables and graphs

Comfortable interpreting and manipulating algebraic equations