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Regional Trans Organization / Market Manager

Website PNM Resources

Wage or Salary:

PNM Resources


Job ID: 6087254
Date: 09/22/2021
Location: PNM, Albuquerque, NM
Full/Part Time: Full-Time
Regular/Temporary Regular

COVID-19 Protocols
Employees are expected to follow all COVID safety protocols including either proof of vaccination or weekly testing.
Applications must be submitted by: October 10, 2021
Department: Power Operations
This position is covered by NERC CIP cyber security standards. Prior to being hired, promoted, or transferred into the position, the candidate must successfully pass a Personnel Risk Assessment, which includes identity verification and a criminal background check. Prior to being granted unescorted access to cyber secure areas, the candidate must attend cyber security training. Annual cyber security training is also required.


Manages multiple interdepartmental and external stakeholders on implementation of a Regional Transmission Organization (RTO) in the West, sustainment of PNM¿s Western EIM operations, responsible for developing initiatives, metrics, and analyses that involve coordinating with key internal/external stakeholders, CAISO and RTO West members and receiving executive level approval of implementation plans.


Maintain programmatic responsibility for Company operations in the California Independent System Operator (CAISO) Energy Imbalance Market (EIM) or RTO West market structure

Manages development/enhancement of tools and models that personnel utilize to review unit commitment decisions and pricing market transactions

Reports quarterly EIM results to NM PRC

Main point of contact as adjacent entities joins the EIM or explore market possibilities and opportunities outside of California and SPP footprints

Develops and presents information with a high degree of autonomy, highlighting or recommending process changes based on market trends and conditions, wholesale market changes or other analytical findings critical to the business

Manages development of detailed and complex reports to support initiatives, and decision-making changes in PNM¿s Western Market operating strategy

Monitors proposed initiatives or changes to various segments of the CAISO Business Practice Manual or Balancing Authority Area consolidations driven by an RTO West structure

Engages the appropriate business groups to evaluate impacts on Company operations and wholesale market impacts

Coordinates evaluation of impacts, presents information to Company management, and
Advocates on behalf of the Company via written or verbal comments in various stakeholder forums

Coordinates 3rd party and Wholesale Power Marketing monitoring of generating unit performance following Dispatch Operating Targets (DOT’s), ramp-rate response, response to start-up times, etc. and provides feedback

Coordinates system changes to maintain accurate System representation in the CAISO’s FNM and the GRDT

Coordinates maintenance of market related agreements to reflect system additions and changes and will include coordination with Regulatory, Generation, Resource Planning/Acquisition, Renewable Resources and Transmission Operation

Develops Sustainment guidelines and identifies roles and responsibilities, key performance indicators for tracking and reporting on market sustainment objectives

Monitors PCI and OATI for information relevant to market operations, ensuring information is communicated, and acted upon by appropriate business areas and personnel in a timely manner


Proven ability to lead teams in evaluations and implementation of solutions and work with key internal and external stakeholders and all levels of management.

Operational expertise in RTO Markets, the CAISO Market, SPP or MISO Markets and extensive knowledge of principles of electric power transmission system operations, economic unit commitment/dispatch, wholesale market operations and the functional and economic characteristics of Company power resources and the interconnected system

Advanced knowledge of natural gas markets including contracts, and utilization within a power plant

Must have strong communication, presentation and writing skills.



Bachelor’s degree from four-year college or university in business, engineering, economics, financial engineering, mathematics, physics, computational finance, economics, or information technology with a masters degree preferred. Five to seven years of Management Operations experience working in the CAISO, SPP, MISO or similar Regional Market environments.


Hires, trains, evaluates, rewards, and terminates employees. Designs, organizes, prioritizes, schedules, and leads work assignments. Ability to strategically plan, organize, and tactically lead in support of key business activities and goals. Strategically plans engages, organizes, and leads staff in support of key business activities and goals.


Ability interpret highly complex documents

Ability to write reports, business correspondence and procedure manuals

Ability to effectively present information and respond to questions from groups of managers, clients, customers and employees


Ability to work with mathematical concepts associated with the electrical theory underlying reliable operation of electrical systems

Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry


A high level of proficient computer skills including applicable knowledge of production cost models, and extensive experience in the applied use of Microsoft Excel, Power Point, and Word is desired.


A high level of understanding of how an RTO coordinates, controls, and monitors a multi-state electric grid as well as understands how Western EIM components work together to ensure that PNMR optimally sustains and reinforces the processes, procedures, documentation, and training required for these market programs to achieve or exceed planned operational, financial, and customer benefits.


Coordinates development of the highest level of advanced research and studies on topics that may include Business Unit and market cost analysis and matters of regulatory significance. Duties may include preparing detailed reports such as topic specific white papers and presenting findings to internal and external stakeholders as well as appropriate line and executive management for consideration in making business decisions.


Oversight of company quarterly reportable EIM revenue of over $6M.


Office environment. May require travel.
Salary Grade: G04
Minimum Midpoint Maximum
$90,707 – $122,454 – $154,202
PNM Resources and affiliates are Equal Opportunity/Affirmative Action employers. Women, minorities, disabled individuals and veterans are encouraged to apply.


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