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Principal Commercial Operations

Electric Reliability Council of Texas

Taylor, TX

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JOB DETAILS
SALARY
$165,791–$281,818 Per Year
LOCATION
Taylor, TX
POSTED
30+ days ago
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. JOB DUTIES 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. REQUIRED EXPERIENCE 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. ADDITIONAL REQUIREMENTS: Demonstrate rigorous intellectual ability to articulate complex technical concepts and challenge conventional thinking in their area of expertise and across organizational lines Demonstrate ability to work independently, participate on a team, lead a team, or mentor ERCOT staff with responsibilities that require the highest levels of technical expertise, initiative and resourcefulness Demonstrate highly advanced achievement in their field of expertise by developing approaches, processes and solutions that allow ERCOT to maximize its effectiveness or achieve strategic or operational goals Make a material contribution to expansion of ERCOT’s capabilities and innovation in the fields of science, technology, engineering or mathematics Interacts with management and senior staff on matters requiring coordination across organizational lines. May provide input into organization policy within area of their expertise. Demonstrate ability to lead by influence and build consensus amongst staff in controversial work matters Be recognized by their co-workers, and professional peers as a regional or industry-wide authority in their area of expertise, as evidenced by any of the following: 1. participating in regional or national advisory boards, panels or com mittees in their field of expertise 2. delivering presentations and addresses pertaining to their area of expertise at industry or professional events 3. teaching certificate-level or college-level courses pertaining to their area of expertise 4. publishing original works of authorship pertaining to their field of expertise in reputable professional or academic publications or journals EDUCATION 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. PREFERRED QUALIFICATIONS 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. WORK LOCATION – Taylor, TX: Employees will be required to be on-site in Taylor, TX at a minimum of 2 days per week, or more, as needed based on the business needs as determined by management Remote work is required to be performed from your Texas residence. Employees may opt to work on-site more than required or 100% of the time The foregoing description reflects the minimum qualifications and the essential functions of the position that must be performed proficiently with or without reasonable accommodation for individuals with disabilities. It is not an exhaustive list of the duties expected to be performed, and management may, at its discretion, revise or require that other or different tasks be performed as assigned. This job description is not intended to create a contract of employment with ERCOT. Both ERCOT and the employee may exercise their employment-at-will rights at any time. #LI-Hybrid, #LI-MH1 ERCOT is firmly committed to equal employment for all qualified persons without regard to race, sex, medical condition, religion, age, creed, national origin, citizenship status, marital status, sexual orientation, physical or mental disability, ancestry, veteran status, genetic information or any other protected category under federal, state or local law. Expected Salary Range: $165,791 - $281,818 The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to 27 million Texas customers - representing about 90 percent of the state's electric load. As the independent system operator for the region, ERCOT schedules power on an electric grid that connects more than 54,100 miles of transmission lines and 1,250 generating units. ERCOT also performs financial settlement for the competitive wholesale bulk-power market and administers retail switching for 8 million premises in competitive choice areas. ERCOT is a membership-based 501(c)(4) nonprofit corporation, governed by a board of directors and subject to oversight by the Public Utility Commission of Texas and the Texas Legislature. ERCOT's members include consumers, cooperatives, generators, power marketers, retail electric providers, investor-owned electric utilities (transmission and distribution providers,) and municipal-owned electric utilities. ERCOT offers an excellent benefits package, which includes health, dental, vision, life insurance, long/short-term disability insurance, long-term care insurance, Section 125 Flexible Spending Account, and a Retirement Savings Plan. The medical, dental, vision, and quality-of-life benefits offered by ERCOT are second to none. Full-time employees are eligible to enroll in benefits on the first of the month following the date of hire. Additionally, 401(k) plans are available to help employees plan for the future. The ERCOT Internship Program provides college students the opportunity to develop their skills in a professional work environment. Each intern will receive unique projects and assignments that aim to solve real challenges facing the electric industry. ERCOT internships provide professional learning experiences that offer meaningful, practical work related to each student's desired career path. Eligible candidates should be enrolled in an academic bachelors or post graduate degree program maintaining a GPA of 3.0 or higher. The ERCOT Engineer Development Program (EDP) is a 12- to 16-month, self-paced program geared toward entry-level engineers looking to start a career in the power industry. Through the program, an EDP Engineer receives one-on-one mentoring, specialized training, and exposure to the work performed by each of the engineering groups at ERCOT. The program allows engineers to develop the fundamental skills necessary to reach their full potential while gaining an understanding of the types of engineering work ERCOT has to offer. EDP management supports participants each step of the way as they progress through the program. Upon completion, graduates are placed as full-time engineers within one of ERCOT’s engineering groups. The GMS Development Program (GDP) is designed to provide entry-level and early career professionals with the skills necessary to become successful Power System and Computer Engineers. The program, which is based in ERCOT’s Grid and Market Solutions (GMS) Department, will provide experience in day-to-day work and instruction in the fundamentals of electric power systems engineering, grid and market applications, software programming, and IT service and operations management. The GDP offers one-on-one mentoring, training, field trips, and special assignments. These assignments allow GDP engineers to become knowledgeable and familiar with the various business areas at ERCOT. The GMS leadership team prepares GDP engineers for a future career at ERCOT in power systems and computer engineering. The System Operator Development Program (ODP) is intended to combine real-time daily operations in an exciting work setting to prepare participants with the vital skills necessary to be successful in such a critical position — providing 24x7x365 on-demand support to manage the flow of electric power to more than 26 million Texas customers. If you are new to the industry, this program introduces you to the Bulk Electric System by combining introductory courses with the NERC Certification Exam Preparation Program in preparation to pass the NERC Certification Exam.

About the Company

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Electric Reliability Council of Texas