Sr Market Settlement Validation Analyst

  • Full-time

Company Description

The California Independent System Operator (ISO) manages the flow of electricity across the high-voltage, long-distance power lines that make up 80 percent of California's power grid. We safeguard the economy and well-being of 30 million Californians by operating the grid reliably 24/7.

As the impartial grid operator, the California ISO opens access to the wholesale power market that is designed to diversify resources and lower prices. It also grants equal access to 25,865 circuit-miles of power lines and reduces barriers to diverse resources competing to bring power to customers.

The California ISO's function is often compared to that of air traffic controllers. It would be grossly unfair for air traffic controllers to represent one airline and profit from allowing that company's planes to go through before others. In the same way, the California ISO operates independently—managing the electron traffic on a power grid we do not own—making sure electricity is safely delivered to utilities and consumers on time and reliably.

Job Description

Under the direction of the Manager, the Senior Market Settlement Validation Analyst is responsible for the research, verification, and validation of Settlements Statement disputes submitted by ISO Market Participants. Responsible for the correction of transactional data to resolve Settlements Statement disputes per the Tariff requirements. Guides and supports team members in identifying root causes of system and data issues, performing impact assessment and may recommend solutions.  Partners with team members and other business units to identify market issues and supports cross-functional management to investigate complex issues and discuss or recommend the resolution. Suggests and implements standards, process improvements, and controls for new and existing business practices.

What's In it for You

Our purpose is to lead the way to tomorrow's energy network. Make a difference and impact millions of people who depend on electricity in their everyday lives.

  • You get to work on interesting and challenging assignments that will help grow your skill set.
  • You will work in an extremely collaborative environment inside our LEED certified Folsom, California campus.
  • You will be challenged, be a part of a winning team, and your contributions will be rewarded and recognized.

What You Will Be Doing

  • Researches all incoming ISO settlement statement disputes and determines dispute resolution. Uses awareness and broad knowledge of up-stream and down-stream systems to collaborate with cross-functional teams on complex disputes. Communicates with customers as needed, to explain dispute determination. Validates settlement corrections after dispute resolution. Manages processes in compliance with Tariff and Business Practices Manuals.

  • Performs data corrections as needed to resolve disputes within defined timelines. Notifies appropriate parties of data and software issues encountered. Opens software defects for issues identified as a result of dispute analysis and data corrections. Performs impact assessment or guides other team members to perform impact assessment on identified issues. Articulates issues to cross functional teams for issues requiring legal or policy direction.  Actively participates and contributes to the discussions with legal on complex issues. Supports other team members by providing guidance on complex issues.

  • Supports user-acceptance testing for upcoming initiatives, ensuring working knowledge of policy, system and data changes to enable dispute investigation and resolution. Represents the business unit at inter-departmental meetings and supports the resolution of issues.

  • Generates and distributes periodic reports to ensure that all dashboards (Dispute and Defect) are updated and reflect current status. Updates customer inquiry tickets appropriately to support reports provided to Management.

Qualifications

Level of Education and Discipline

  • A Bachelor's degree (BA, BS) or equivalent education, training or experience in Accounting, Finance, and Economics, Mathematics, Electrical Engineering or related field is required.

Amount of Experience

  • Equivalent years of education and training, plus five (5) or more years of experience

Type of Experience

  • Experience in the electric utility industry and/or in a similar organization as the CAISO, with economics, market and operational background.

  • Experience with data analysis or transactional applications required.

  • Experience with SQL is required.

  • Knowledge of CAISO market and settlement system is desired.

Additional skills and abilities

  • Must be able to work effectively in a team environment as a team member. 
  • Must be able to handle a dynamic and changing work environment. 
  • Excellent analytical, verbal and written communication skills required, with a demonstrated attention to detail.
  • Ability to use deductive reasoning and analytical thinking with sound judgment and decision-making skills.
  • Excellent interpersonal and conflict resolution skills are also essential.
  • Must be self-started, willing and be able to work in a dynamic corporate organization under pressure of tight deadlines and aggressive expectations.
  • Must have problem solving skills and the ability to influence others without direct authority.

Additional Information

All your information will be kept confidential according to EEO guidelines.