What are the responsibilities and job description for the Economic Analyst (Analyst, Senior) position at ITC Holdings Corp.?
Job Summary
JOB DESCRIPTION
Assists in preparing macro and micro forecasts of demand and energy usage for all areas and pricing zones served by ITC Holdings. Implements necessary data, models, databases and information sources required to fulfill function.
Essential Duties & Responsibilities
Education Requirements
Make a Power Move - For the Greater Grid: Reliable. Resilient. Ready.
As AI innovation, automation and economic growth reshape the way we live and work, the demand on our power infrastructure is growing fast. At ITC, we’re building the greater grid that’s ready for today’s technology and tomorrow’s possibilities.
Our people bring the power - fueling innovation and strengthening the grid every day. We’re looking for individuals who are ready to make a power move and help us build a greater grid for a more reliable and affordable energy future.
ITC offers industry-leading compensation, benefits and opportunities to channel your energy into solutions. We foster a culture of belonging - where every voice is valued, differences are celebrated and everyone has the opportunity to thrive. Make a power move today.
JOB DESCRIPTION
Assists in preparing macro and micro forecasts of demand and energy usage for all areas and pricing zones served by ITC Holdings. Implements necessary data, models, databases and information sources required to fulfill function.
Essential Duties & Responsibilities
- Contributes to the development of short-range load forecasts used by ITC Holdings for forward-looking Attachment O filings and operational planning.
- Supports the creation of long-range load forecasts for reliability studies and production cost modeling simulations, addressing both macro and micro-level planning across service areas.
- Investigates issues with significant implications for the economic valuation of transmission expansions, including modeling approaches and economic impact studies.
- Ensures quality control of databases supporting multiple forecast models, maintaining accuracy and consistency.
- Conducts specialized analyses to support legal and regulatory filings, including litigation-related research.
- Prepares and delivers presentations, reports, and other materials to Senior Management, key stakeholders, and Federal and State regulatory staff, in support of forecasting and analytical initiatives.
- Coordinates with external consultants as needed to advance company initiatives related to forecasting and planning.
- May represent ITC in external stakeholder forums focused on load forecasting, market analysis, and related strategic topics.
- May provide technical guidance and direction to the forecasting team, collaborating with the Manager of Regional Planning to conduct performance reviews and identify opportunities for improvement.
Education Requirements
- Bachelor’s degree in Mathematics, Statistics, Economics, or a related quantitative discipline or relevant, equivalent experience and/or education; Master’s degree preferred.
- Relevant coursework in statistical/mathematical modeling, economics, forecasting, and energy policy is highly desirable.
- Intermediate Level: Minimum of two (2) years of experience in forecasting, economic modeling, energy consulting, or related fields.
- Senior Level: Minimum of five (5) years of experience in forecasting, economic modeling, energy consulting, or related fields.
- Demonstrated experience applying statistical methods to economic model estimation and hypothesis testing.
- Proficiency in MS Office analytical tools; familiarity with statistical software such as S /R, STATA, SPSS, SAS, or Python is preferred.
- Experience working with large datasets and computer information systems is a plus.
- Strong interpersonal and communication skills, with the ability to engage effectively across technical and organizational levels.
- Proven ability to lead teams, manage complex interpersonal situations, and foster a collaborative work environment.
- Self-motivated with the ability to work independently while keeping stakeholders informed.
- Ability to manage multiple priorities and travel as needed.
- Applicants must be authorized to work in the United States for any employer. ITC does not sponsor employment visas, such as H-1B or TN visas.
Make a Power Move - For the Greater Grid: Reliable. Resilient. Ready.
As AI innovation, automation and economic growth reshape the way we live and work, the demand on our power infrastructure is growing fast. At ITC, we’re building the greater grid that’s ready for today’s technology and tomorrow’s possibilities.
Our people bring the power - fueling innovation and strengthening the grid every day. We’re looking for individuals who are ready to make a power move and help us build a greater grid for a more reliable and affordable energy future.
ITC offers industry-leading compensation, benefits and opportunities to channel your energy into solutions. We foster a culture of belonging - where every voice is valued, differences are celebrated and everyone has the opportunity to thrive. Make a power move today.