Senior Margining Analyst

About the Role

ISO New England is the independent system operator responsible for ensuring the safe and reliable flow of electricity in the region while planning for the future of the electric grid. The organization is at the forefront of New England’s transition to clean energy. • Administer intra‑day margining for Real‑Time, Day‑Ahead, FTR and Forward Capacity Markets. • Evaluate and calculate daily collateral requirements for market participants. • Reconcile margin data and resolve disputes with market participants. • Manage letters of credit, surety bonds, and cash deposits. • Execute market participant suspension and cure procedures. • Support development and enhancement of collateral management tools and systems. • Serve as the primary contact for inquiries on collateral requirements.

Key Responsibilities

• ▸margining
• ▸collateral calculation
• ▸data reconciliation
• ▸credit management
• ▸tool development
• ▸client liaison

What You Bring

ISO New England is an equal‑opportunity employer and a drug‑free workplace, conducting pre‑employment substance‑abuse testing. Applicants are considered without regard to protected characteristics, and candidates residing outside the U.S. must relocate for this U.S.-based role. • Hold a Bachelor’s degree in Business, Finance, or a related field. • Possess 5+ years of finance or risk‑related experience. • Demonstrated ability to multitask complex margining operations and meet intra‑day deadlines. • Familiarity with margining practices for OTC derivatives, futures, and cleared swaps. • Understanding of energy markets and ISO’s role as a central clearing counterpart. • Strong knowledge of collateral instruments such as letters of credit and surety bonds.

Requirements

• ▸bachelor's
• ▸5+ years
• ▸margining
• ▸energy markets
• ▸collateral
• ▸multitasking

Benefits

The role offers a hybrid work schedule with two days onsite, relocation assistance, a base salary plus performance bonus, professional development and tuition reimbursement, an enhanced 401(k) with generous employer contributions, wellness programs, onsite gym and café, flexible work hours, and access to business networks in a stable and supportive environment. The expected salary range is $91,000‑$121,000 per year, with eligibility for an annual performance bonus and comprehensive benefits including medical, dental and vision insurance, flexible spending and health savings accounts, a student‑debt benefit, life and AD&D insurance, disability coverage, critical illness and hospital indemnity benefits, paid time off, paid leave, a wellness program, an employee assistance program, and other company perks.

Work Environment

Hybrid