Senior CAISO Settlements Analyst

Pattern Energy; San Francisco (CA); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

401(k) plan

Paid time off

Job summary

Pattern Energy is seeking a Senior Settlement Analyst to join the Energy Settlements team in San Francisco. You will validate CAISO market settlements, reconcile statements, and analyze variances to maximize revenue recovery.

The role requires 3+ years of ISO settlement experience, strong Excel and data analysis skills, and collaboration with trading and accounting teams. This position offers full-time employment with a comprehensive benefits package and opportunities to influence market

Qualifications

• 3+ years of experience supporting ISO market settlements, energy trading settlements, market operations, scheduling, or power market analytics.
• Working knowledge of ISO settlement statements and charge code structure.
• Experience conducting settlement reconciliations and variance analysis.
• Advanced Excel and data analysis skills.

Responsibilities

• Perform detailed shadow settlement and validation of CAISO settlement statements, charge codes, and market transactions.
• Analyze settlement variances related to Energy, Ancillary Services, Resource Adequacy, CRRs, EIM and EDAM market products, and transmission charges.
• Investigate revenue leakage opportunities and identify settlement discrepancies.
• Collaborate with Scheduling Coordinators, Traders, Asset Management, and Market Operations teams to resolve settlement exceptions.
• Evaluate impacts of tariff, BPM, market design, and software changes on settlement results.
• Develop and improve automated settlement controls, reporting, and analytics.
• Support implementation and enhancement of settlement systems, ETRM platforms, and market data solutions.
• Participate in testing and implementation activities associated with CAISO market enhancements and regulatory changes.
• Prepare detailed settlement analyses for management, auditors, and internal stakeholders.
• Monitor settlement timelines and dispute opportunities to maximize revenue recovery.
• Understand power market services agreements and related contract and Energy Imbalance Market charges.
• Monitor and analyze the impact to charges as a result of any rate changes.
• Ensure the accuracy and quality of information used in downstream invoicing and reporting.
• Ensure the timely payment of power market invoices.
• Participate in daily, weekly and monthly settlement of physical and financial trading activities.
• Assist with generation of invoicing statements and cash forecasting, communicating progress with involved groups including the accounting team.
• Coordinate with stakeholders and counterparties to resolve billing disputes/discrepancies proactively and timely.
• Identify, recommend and implement process improvements.
• Ensure that monthly, quarterly, year-end, and special project deadlines and requirements are met.
• Assist with internal control compliance duties.

Skills

ISO settlements

Energy trading

Advanced Excel

Data analysis

CAISO settlements

Education

Bachelor's degree

Job description

Pattern Energy is seeking a Senior Settlement Analyst to join the Energy Settlements team in San Francisco. You will validate CAISO market settlements, reconcile statements, and analyze variances to maximize revenue recovery.

The role requires 3+ years of ISO settlement experience, strong Excel and data analysis skills, and collaboration with trading and accounting teams. This position offers full-time employment with a comprehensive benefits package and opportunities to influence market