Principal Commercial Operations
About The Position
At ERCOT, our diverse and dynamic work environment provides a platform on which employees can work together to build the future of the Texas power grid and wholesale market utilizing the latest technologies and resources. We encourage you to join our talented, dedicated workforce to develop world-class solutions for today and tomorrow’s energy challenges while learning new skills and growing your career. ERCOT is committed to fostering inclusion at all levels of our company. It is the cornerstone of our corporate values of accountability, leadership, innovation, trust, and expertise. We know that individuals with a wide variety of talents, ideas, and experiences propel the innovation that drives our success. An inclusive and diverse workforce strengthens us and allows for a collaborative environment to solve the challenges that face our industry today and in the future. This role provides enterprise leadership in the design and evolution of ERCOT’s wholesale electricity markets, ensuring market structures support reliability, economic efficiency, financial integrity, and regulatory compliance. The Principal develops forward-looking market frameworks, leads advanced quantitative and economic analysis, and advises executive leadership on strategic market evolution initiatives. This position plays a critical role in maintaining stakeholder confidence, supporting regulatory transparency, and aligning market design with ERCOT’s mission to ensure grid reliability and efficient market operations.
Requirements
- Requires minimum 10 years job-related work experience in excess of degree requirements.
- Minimum years of job-related experience may include progressive experience in market design, wholesale electricity markets, or related analytical functions.
- Requires minimum 10 years of progressive experience in wholesale electric or bulk power markets.
- Demonstrated experience leading complex market design initiatives and interacting with regulatory bodies, governing boards, and stakeholder governance processes.
- Demonstrated ability to communicate complex technical material to executive, regulatory, legislative, and public audiences.
- Bachelor’s Degree in Economics, Engineering, Finance, Computer Science, or related field.
- or a combination of education and experience that provides equivalent knowledge to a major in such fields is required.
Nice To Haves
- Master’s or other Advanced Degree in Economics, Engineering, Finance, Computer Science, or related field (Preferred).
- Experience within an RTO/ISO environment.
- Familiarity with ERCOT Protocols as well as PUCT regulatory and Texas legislative processes.
Responsibilities
- Strategic Market Leadership Lead the design and evolution of ERCOT’s wholesale market structures, products, and mechanisms.
- Develop long-term strategic roadmaps for market enhancements aligned with reliability, efficiency, and regulatory objectives.
- Serve as senior advisor to executive leadership on complex market design risks, opportunities, and structural reforms.
- Lead enterprise initiatives to enhance market transparency, performance, and operational resilience.
- Advanced Market Analysis Design and lead complex quantitative, economic, and operational analyses to evaluate market performance.
- Develop new analytical methodologies to address evolving market conditions and emerging industry trends.
- Assess impacts of proposed rule changes, protocol revisions, and regulatory directives.
- Evaluate reliability, financial, operational, and stakeholder impacts of market design modifications.
- Regulatory & Stakeholder Engagement Represent ERCOT in stakeholder forums, public hearings, and regulatory discussions before the Public Utility Commission of Texas (PUCT).
- Support Board and legislative briefings related to wholesale market design and performance.
- Prepare and deliver high-impact presentations, testimony, white papers, and briefing materials.
- Translate complex quantitative and economic analysis into clear, concise insights for executive, regulatory, legislative, and public audiences.
- Program & Cross-Functional Leadership Lead large, cross-functional market initiatives in matrixed environments.
- Coordinate efforts across operations, settlements, credit, legal, and technology teams to ensure successful implementation of market changes.
- Provide guidance and direction to analysts and market design staff.
- Ensure alignment between market design objectives and operational execution.
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What This Job Offers
Job Type
Full-time
Career Level
Principal
