Job Description:

Flexible Work Arrangement - Hybrid

The Market Settlement Development team supports the systems responsible for calculating and reporting financial settlements related to PJM's Wholesale Electric Markets and Transmission Services, representing over $50B annually.  

The Analyst, Market Settlements Development position will provide support for existing and future Market Settlements system functionality by enhancing business and technical documentation with opportunities to perform data analysis in support of regulatory, customer, or internal data requests.  In addition, the position has opportunity to support the development and implementation of PJM's market initiatives including new markets, quality assurance, SOC 1 audit and enhancements to the market settlements calculation and reporting systems.  

The individual must have a strong desire to explore complex technical and functional challenges and draw satisfaction from problem solving and solving logic puzzles.

This position provides the successful candidate with abundant opportunities to learn about PJM's markets and operations as nearly all activity flows downstream to Market Settlements.

Essential Functions:

• Collaborate with Subject Matter Experts (SMEs) to document and maintain accurate business logic, system and training documentation.  Ensure documentation and processes in place support compliance requirements with PJM agreements and PJM Manuals.




• Test software programs for validity of results, accuracy, reliability and conformance to design specifications.




• Assist in development and communication of effective strategies that support continual evolution of efficient PJM settlement systems and processes in compliance with the PJM agreements and SOC 1 audit.




• Perform data analyses and reporting to support regulatory, customer, and internal information requests.  Work with PJM Data Governance team to evolve visibility to settlements data.




• Support the design and development of the market settlements calculation and reporting systems through various projects. This includes proactively working with other departments to plan, develop, and implement new PJM markets or changes to existing PJM business rules.




• Support PJM customers, committees and internal functions with regard to settlements matters.

Characteristics & Qualifications:
Required:

• BS degree in Business, Mathematics, Computer Science or equivalent work experience




• 0-5 years of experience testing software changes and documenting results 




• 0-5 years experience navigating relational databases




• 0-5 years experience in writing technical documentation




• Ability to produce high-quality work products with attention to detail




• Ability to communicate effectively in a team environment




• Experience in quantitative and qualitative analysis




• Experience using verbal and written communications skills




• Ability to use Microsoft Office Suite (MS-Word, MS-Excel and MS-PowerPoint)

Preferred

• MBA, Business Administration




• Experience with PJM operations, markets, and planning functions




• Experience supporting any of PJM Committees