ERCOT Pricing & Structuring Analyst

The future of energy is digitized, decarbonized and localized. At SmartestEnergy, we need revolutionary thinkers to help our customers make the most of this new landscape, thinking differently to find smart solutions to complex problems.

Formed in 2001, we’re an agile business driven by entrepreneurial thinking. As a subsidiary of the Marubeni Corporation, we also have strong investment and infrastructure behind us. As well as our three offices in the US, we have three offices in the UK and another in Australia. Further expansion is planned for 2026 and beyond which means global career opportunities for you, with plenty of potential to explore new markets.

When you join our Team, you will have the opportunity to contribute and make an impact every single day.

Overview

Reporting to Head of Market Operations, the principal role of the Senior ERCOT Pricing Analyst is to work with the Market Operations Department to lead the ERCOT Pricing activities as we enter an exciting new market. This role will be responsible for accurately preparing data to evaluate and price for our retail energy customers. This position will be responsible for working closely with trading, sales, enrollments, billing and IT.

In this role, you will be involved with the following:

Pricing/ Structuring

• Develop, maintain, and continuously refine ERCOT non-energy cost forecasts
• Own the creation of forward non-energy curves by synthesizing market data, ISO settlements, and historical cost drivers into transparent, defensible forecasts.
• Track forecast vs. actuals for all ERCOT cost components; identify and explain key drivers of variance and recommend corrective forecast adjustments.
• Support custom deal pricing requests from brokers and origination by structuring ERCOT-specific supply offers, terms, and optionality scenarios.
• Contribute to the design and calibration of ERCOT pricing tools, model logic, and data automation to improve speed, accuracy, and transparency.
• Partner with Market Operations to validate settlement data, reconcile model assumptions, and capture emerging ERCOT rule or cost changes in pricing logic.
• Provide training and documentation for pricing analysts, ensuring consistent ERCOT knowledge across the broader pricing team.
• Establish and maintain ERCOT pricing governance standards, ensuring all model inputs, assumptions, and approval workflows are fully documented and auditable.
• Create and manage version-controlled libraries for non-energy curves, charge code mappings, and pricing assumptions to ensure consistency across offers.
  
  

To be successful in this role, you are likely to have the following skills/experience:

• 5 years' experience in retail energy, specifically within the ERCOT market
• Proven ability to produce timely and accurate price forecasts
• Demonstrated ability to produce non-energy curves and track forecasts vs actuals
• Ability to collaborate and communicate with Channel Partner Managers and Brokers on any pricing related questions
  
  

Diversity

Celebrating our inclusive and diverse culture is core to what we do. We value everybody irrespective of race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability and genetic information (including family medical history). EOE.

We know that for our business to thrive we need diverse talent with a range of backgrounds, skills and capabilities in each of the countries in which we operate. We view diversity as one of the key enablers that helps our business to grow.

We are committed to the full inclusion of all qualified individuals. As such, if a reasonable accommodation is needed to participate in the job application or interview process, please reach out to the HR & People Team via email us-hrssc@smartestenergy.com so we can discuss with you further.

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