Engineer I, II, Senior, or Senior II – Congestion Hedging

Description

SPP is about more than power. We’re about the power of relationships. Our employees have the opportunity to work together to ensure electricity is delivered reliably and affordably to the millions of people living in our service territory. We have been voted one of Arkansas’ Best Places to work by Arkansas Business and we are looking for a member of our team who is passionate about our mission to keep the lights on!

We have a core ideology here at SPP that we stand by: Do the right thing, for the right reason, in the right way.

We believe in supporting our employees through a fantastic benefits package:

• Competitive and transparent pay with bonus opportunities

• Excellent insurance package including three great medical plans to choose from, employer-paid short-term disability, long-term disability, and life insurance

• Relocation bonus (if applicable)

• Hybrid working environment for positions that are eligible

• Fantastic contributions to your retirement through a 401(k) savings plan with employer-match benefits and a pension (defined benefit plan) fully funded by SPP

PLEASE NOTE: This position may not be performed remotely from California or New York City, NY, nor can SPP sponsor employment visas or student-work authorizations (STEM OPT) for this position. Please ensure you are eligible to work in the U.S. without sponsorship prior to applying.

COMPENSATION INFORMATION The salary range(s) represents our good faith estimate for the role at this time. While we strive to provide competitive and transparent compensation, there may be circumstances where an offer is above or outside of the listed range. We are open to discussing salary expectations with qualified candidates considering factors such as the candidate's qualifications, skills, competencies, experience and geographic location will all be considered during the hiring process.

• Engineer I – Congestion Hedging Salary range: $80,000 – $87,000

• Engineer II – Congestion Hedging Salary range: $88,000 – $99,000

• Senior Engineer – Congestion Hedging Salary range: $108,000 – $123,000

• Senior Engineer II – Congestion Hedging Salary range: $125,000 – $137,000

Overview

The Congestion Hedging Engineer is responsible for supporting, maintaining, and developing SPP's Congestion Hedging mechanism for the Integrated Marketplace. This includes the operation and enhancement of Auction Revenue Rights (ARR) and Transmission Congestion Rights (TCR) processes, software applications, and related market activities.

The position works closely with SPP Engineering and Operations departments, vendors, consultants, and Market Participants to support market operations, technical analysis, stakeholder coordination, and regulatory compliance. Responsibilities, technical judgment, and the level of independence increase based on the position level and experience.

Core Responsibilities

• Support the operation, development, and improvement of ARR/TCR Congestion Hedging processes and market mechanisms.

• Learn and perform power systems, economic, and technical analyses related to congestion hedging and transmission markets, with guidance appropriate to the position level.

• Support ARR/TCR software development, maintenance, and application testing in coordination with vendors and stakeholders.

• Support TCR market operations and the accurate execution of associated market processes.

• Participate in technical assessments associated with congestion hedging processes, with responsibility for independent assessments and recommendations increasing by level.

• Participate in SPP working groups, stakeholder activities, and technical discussions.

• Coordinate with SPP departments, Market Participants, vendors, and consultants to support congestion hedging activities and address technical issues.

• Participate in regulatory audits and comply with applicable SPP policies, procedures, and governing requirements.

Additional Responsibilities by Level

Engineer I

• Learn and perform ARR/TCR market operations, power systems analysis, and economic analysis.

• Support software development, application testing, stakeholder activities, and technical assessments under appropriate guidance.

Engineer II

• Independently handle assigned technical processes, studies, and tasks of limited scope with minimum supervision.

• Monitor and provide technical oversight of TCR market processes, coordinate with Market Participants, and recommend process improvements.

• Develop intermediate engineering judgment and basic project management skills.

• Prepare for and participate in financial audits, including the development and modification of desk procedures and financial controls.

Senior Engineer

• Exercise advanced engineering judgment and provide technical oversight of congestion hedging processes.

• Serve as a subject matter expert, mentor and train less experienced staff, and maintain responsibility for technical report content.

• Represent SPP on inter-regional committees and ensure TCR processes meet applicable governing requirements.

• Prepare for and participate in financial audits, including the development and modification of desk procedures and financial controls.

Senior Engineer II

• Independently conduct ARR/TCR funding analysis and implement feedback loops affecting system forecasting and future funding.

• Oversee congestion hedging application testing and provide key technical oversight of TCR markets.

• Assist in developing regulatory support language, address critical congestion hedging issues, and support new concepts and policy matters.

• Mentor and train SPP staff in power flow and Congestion Hedging concepts.

• Prepare for and participate in financial audits, including the development and modification of desk procedures and financial controls.

Qualifications

Education Requirement (All Levels)

• Bachelor’s Degree Bachelor of Science in Engineering, this degree should be:

• From a university that meets the requirements to sit for the Professional Engineering exam (in Arkansas, that is most typically a degree from an ABET accredited university or a graduate degree from a college that has an ABET accreditation).

• A degree in a calculus-based engineering field, and preferred degree programs are Electrical Engineering, Computer Engineering, Industrial Engineering, Mechanical Engineering, or Systems Engineering

Qualifications by Level

Engineer I

• No additional experience required beyond the education requirement.

Engineer II

• 2 years of relevant engineering experience

Senior Engineer

• 5 years of relevant Engineering experience.

• Professional Engineer License or Advanced degree in related field of study may satisfy one (1) year of experience requirement.

Senior Engineer II

• 9 years of relevant Engineering experience.

• Professional Engineer License or Advanced degree in related field of study may satisfy one (1) year of experience requirement.

• A Professional Engineer License and an Advanced degree in a related field of study may satisfy two (2) year of experience requirement. (Renee agrees this should be the correct wording)

Preferred Qualifications

• Professional Engineer (PE) License.

• Registration with a state Professional Engineering Board as an Engineer-In-Training (EIT).

• Master of Science in Electrical Engineering, MBA, or advanced degree in a related field of study.

• Economics background and experience.

• Electric Utility Industry experience.

• Proficiency with SPP power systems analysis tools and processes.

• Understanding of the SPP Open Access Transmission Tariff, FERC and NERC governing documents, SPP By-Laws, SPP Criteria, and SPP Committee structure.

Other Requirements

All Levels (Engineer I – Senior Engineer II)

• Strong interpersonal and teamwork skills.

• Working skills with communication and data-handling software, including Microsoft Office Word, Excel, and Access.

• Flexibility and ability to function with constantly changing and multiple priorities.

• Excellent written and verbal communication skills.

Senior Engineer II

• Competent with the administrative and communication tools for word processing, and spread sheet development, as a minimum.

• Strong knowledge of several power systems analysis tools applicable to power system steady state, dynamic, short circuit, or database management systems.

• Strong inter-personal and team work skills along with good written and verbal communication skills.

• Excellent working skills with communication and data handling software such as Microsoft Office© Word, Excel, Access.

• Understanding and comply with compliance with SPP Policies and Procedures.

Travel Requirement

This position requires minimal travel (approximately 10%).

SPP Closing Statement

SPP is an equal opportunity employer that makes employment decisions without regard to race, religion, color, national origin, citizenship, sex, gender identity, sexual orientation, veteran status, age, disability status or any other characteristic protected by applicable law. Further, SPP makes good faith efforts to employ and advance in employment qualified protected veterans and qualified individuals with disabilities. If you need a reasonable accommodation for any part of the application process, please contact us at [email protected] and let us know the nature of your request. We will only respond to messages left that involve a request for a reasonable accommodation in the application process.

At SPP we believe in a culture of belonging. Learn more here: Culture of Belonging - SPP (https://spp.org/careers/culture-of-belonging)

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.