Senior Manager Market Surveillance and Mitigation

Southwest Power Pool • Little Rock, AR

2d • Hybrid

About The Position

Southwest Power Pool (SPP) is seeking a Senior Manager Market Surveillance and Mitigation to join their dynamic Market Monitoring team. This role involves developing, defining, and implementing strategic plans to ensure the successful accomplishment of the Market Monitoring Unit (MMU) departmental responsibilities and obligations under the Tariff. The Senior Manager will develop strategic and tactical departmental and team goals, leading the team in completing initiatives efficiently and with quality results. This is achieved through direct management of staff and contractors, collaboration with MMU leadership, and coordination with other company departments and the Oversight Committee. The position serves as the primary decision-maker for the Market Surveillance and Mitigation team, with the authority to make final decisions impacting significant MMU initiatives and delegate tasks. The Senior Manager is responsible for the performance and development of their assigned staff, including evaluating and developing leadership within the team, discussing development plans, and managing individual performance through coaching and reviews.

Requirements

• Bachelor’s degree in economics, engineering, mathematics, computer science or similar field
• Eleven (11) years of experience in organized electric markets related to monitoring, market design, market operations or similar functions
• Demonstrated leadership ability
• Competency in managing and motivating a diverse staff with a variety of expertise
• Skills to carry out all supervisory responsibilities with minimal supervision
• Capability to work effectively with a wide array of stakeholders including SPP executives, Board of Directors and committees, SPP members, market participants, and FERC staff
• Must be flexible to address constantly changing market conditions and priorities
• Understanding of and compliance with SPP Policies and Procedures

Nice To Haves

• Previous supervisory experience

Responsibilities

• Develop and define strategic plans and departmental goals that maximize the team’s contributions to the overall success of the MMU initiatives
• Independently identify priority initiatives that align with the requirements and obligations of the MMU per FERC Orders and the SPP Tariff
• Ensure independence from the RTO while facilitating interaction with other SPP departments, SPP committees, and stakeholders to ensure effective market monitoring and surveillance
• Independently represent the Market Monitoring department with SPP staff and management, market participants, and federal and state regulators
• Provide senior leadership and direction for the MMU and serve as primary decision-maker for issues involving assigned functions
• Maintain an advanced and competent understanding of the business and technical requirements of the market surveillance functions and obligations under the Tariff
• Accountable as primary decision marker for the management of the day-to-day surveillance of market outcomes and market participant behavior, and coordinate interaction with market participants and FERC as needed
• Develop and lead plans for the review and analysis of market data for compliance with the market power and mitigation rules as well as other market rule violations, and identify issues with current rules and develop solutions
• Manage the acquisition, storage and processing of all market participants and RTO data required to perform market monitoring related functions
• Collaborate with MMU leadership team on the development of MMU comments on protocol and Tariff revisions and related FERC filings, as needed
• Manage interaction and relationship with FERC Office of Enforcement staff on market oversight and investigations matters
• Brief Oversight Committee on market surveillance activities and other issues where appropriate
• Ensure appropriate processes and procedures for surveillance of SPP markets
• Select and evaluate applicants for open positions, recommend salary and position adjustments
• Manage budget development for assigned functions and ensure compliance with approved budget
• Develop direct reports through training, coaching, goal setting, mentoring and regular touch-base meetings. Effectively manage staff performance through goal setting, tracking, recognition, and other real-time feedback methods. Identify and develop leadership for the team.
• Manage contractor and vendor relationships as needed to assist in the performance of market monitoring functions
• Lead, manage and participate in special projects as assigned

Benefits

• 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)
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior