Hiring: Engineer III Market Design Company: Midcontinent Independent System Operator (MISO) Location: Carmel, IN Job Posted Time: 2026-09-11 11:43:09 About the job Experience: •3 years: Relevant experience in one or more of the following areas:o Energy market forecasting and analysiso Power system analysis and operations, including related software developmento Statistical and econometric analysiso Market designo Optimization algorithms Required Skills: •Through in-depth analysis and collaborative problem-solving, you’ll influence system improvements, develop market design initiatives, and clearly communicate findings and recommendations to internal stakeholders and external market participants. •Perform statistical, economic, and engineering analyses related to system and market operations, participant behavior, pricing outcomes, supply-demand imbalances, market anomalies, and overall market design. Assess market competitiveness, efficiency, and operational effectiveness. •Develop, evaluate, and support enhancements to wholesale electricity market design initiatives, including assessing impacts to market structure driven by industry evolution and emerging market needs. •Analyze market models, tools, and algorithms to identify opportunities for improvement in accuracy, efficiency, performance, and market outcomes. •Assess MISO market systems for compliance with tariff requirements and recommend enhancements to systems, processes, and tariff language to strengthen compliance and operational effectiveness. •Maintain a strong understanding of market rules, tariff provisions, and business practices to support ongoing compliance and market integrity. •Conduct studies and simulations of electricity market clearing models, algorithms, and power market operations to identify anomalous, inefficient, or unintended market outcomes related to pricing signals, competition, reliability, and cost causation. •Perform post-implementation and after-the-fact analyses of new market products, rule changes, and significant operational events to evaluate effectiveness and market impact. Qualifications: •Bachelor’s degree in one of the following fields: Electrical Engineering, Computer Engineering, Electrical Engineering Technology, Electrical and Computer Engineering, Electrical and Electronic Engineering, or Electronics and Computer Engineering Technology. •Energy market forecasting and analysis •Power system analysis and operations, including related software development •Master’s degree in a relevant discipline. •Power system analysis and operations with related software development •Market design and analysis •Optimization algorithm development •Industry experience with a Regional Transmission Organization (RTO) or RTO market participant. •Appropriate level will be determined based upon experience and knowledge. Compensation: •$106,000 - $131,000 / year •Competitive benefits and rewards package •Position is also eligible for an annual bonus if individual performance and company objectives are met Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!