Job Description
Job Specifications

Position summary:

The Energy Imbalance Market (EIM) Settlements Analyst supports the financial settlement operations of the California Independent System Operator's (CAISO) Energy Imbalance Market. This role involves validating settlement data, analyzing charge codes, resolving discrepancies, and ensuring compliance with CAISO market rules and procedures.

Pay Range: $72,900 - $109,250 (This posting includes the full pay range for this position. Pay is based on a number of factors and may vary depending on job-related knowledge, skills, experience, and internal equity.)

Reporting Relationship: Settlements Manager

Location: Rapid City, South Dakota

Essential Functions:
• Validate Settlement Quality Meter Data (SQMD) used in EIM settlements.
• Analyze and reconcile CAISO charge codes and settlement statements.
• Investigate and resolve settlement disputes with market participants.
• Monitor real-time market operations and their impact on settlements.
• Support the implementation of new market rules and charge code updates.
• Collaborate with internal teams and external entities to ensure accurate billing.
• Assist in preparing reports for audits, regulatory filings, and internal reviews.
• Maintain documentation and records related to settlement activities.

What Is Required:
• Bachelor's degree in Finance, Economics, Engineering, or a related field.
• Minimum 2 years of experience in energy market settlements, utility finance or equivalent transferrable skills.

What Is Desired:
• Experience with CAISO charge codes and settlement processes.
• Understanding of EIM market operations and real-time dispatch.
• Knowledge of inter-SC trades and Congestion Revenue Rights (CRRs).
• Ability to interpret and apply regulatory and market documentation.
• Familiarity with CAISO BPMs, Tariff provisions, and settlement systems
• Organize and prioritize multiple tasks simultaneously.
• Proficiency in Excel. SQL and data visualization tools
• Excellent written and verbal communication, analytical and problem-solving skills.

This description is not intended to be an all-inclusive list of responsibilities, duties, and requirements for employees in this position. Job descriptions may and do change periodically. Where positions are covered by a collective bargaining unit agreement, the terms and conditions of the agreement will apply.

Enjoy our Comprehensive Benefits Package! Annual discretionary bonuses, 401(k) (6% company match and up to 9% company retirement contribution), tuition reimbursement, generous paid time off benefits, including paid holidays and parental leave, company paid life insurance and disability benefits (short and long term), critical illness, accident & group hospital insurance, pet insurance, an employee assistance program and well-being benefits, and competitive medical, dental and vision insurance.