Application Guide

How to Apply for Manager - Market Design & Readiness

at Iberdrola

🏢 About Iberdrola

Iberdrola is a global leader in renewable energy, accelerating America's clean energy transition with a strong commitment to sustainability and ethical practices. As one of the world's largest wind power producers, the company offers a purpose-driven culture where employees directly contribute to decarbonizing the grid.

About This Role

This role is critical to ensuring Iberdrola's successful participation in new day-ahead markets like EDAM or Markets+. You will translate complex market rules into operational processes, coordinate readiness testing, and collaborate across teams to drive compliance and value creation in emerging market designs.

💡 A Day in the Life

A typical day might start with a status meeting on the EDAM readiness checklist, followed by a deep dive into a new tariff rule with Legal to assess operational impacts. Afternoon could involve coordinating a parallel operations test with Trading and Operations, then drafting a process document for cross-functional review.

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🎯 Who Iberdrola Is Looking For

  • Has 8-12 years of experience in power markets, specifically interpreting wholesale market tariffs and translating them into implementable operational requirements.
  • Possesses deep understanding of day-ahead market design (e.g., EDAM, Markets+, or similar) and can manage readiness checklists and testing phases.
  • Demonstrates strong cross-functional coordination skills, having worked with Legal, Regulatory, Trading, and Operations teams to align on market participation strategies.
  • Thrives in ambiguous environments, can proactively identify gaps in market rules, and develop clear internal processes without needing complete information upfront.

📝 Tips for Applying to Iberdrola

1

Tailor your resume to highlight specific experience with day-ahead market implementation, especially EDAM or Markets+ readiness, using keywords from the job description like 'tariff interpretation' and 'readiness checklist'.

2

Quantify your impact in previous roles, e.g., 'Led cross-functional team to achieve 100% compliance with new market rules within 6 months' or 'Reduced implementation timeline by 20% through proactive process design'.

3

In your cover letter, explicitly connect your experience with Iberdrola's mission of clean energy transition, showing how your market design expertise supports renewable integration.

4

Mention any direct experience with FERC or CAISO market rules, as this demonstrates readiness for the regulatory environment.

5

Prepare a brief example of how you managed ambiguity in a previous market implementation project, as this is a key requirement.

✉️ What to Emphasize in Your Cover Letter

['Emphasize your direct experience interpreting wholesale tariffs and translating them into actionable processes, citing specific market design projects (e.g., EDAM, Markets+, or similar).', 'Highlight your ability to coordinate across diverse teams (Legal, Trading, Operations) to ensure compliance and value-driven participation.', 'Demonstrate your comfort with ambiguity by describing a situation where you developed clear processes from vague market rules.', "Align your passion for clean energy with Iberdrola's mission, showing how your market design work directly supports renewable integration."]

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🔍 Research Before Applying

To stand out, make sure you've researched:

  • → Study Iberdrola's current renewable portfolio in the U.S. and how their market participation strategy aligns with their clean energy goals.
  • → Familiarize yourself with the specific day-ahead market initiatives mentioned (EDAM and Markets+), including their current status and key stakeholders.
  • → Review Iberdrola's recent regulatory filings or public statements on market design to understand their position and challenges.
  • → Research the company's organizational structure, particularly how the Market Design & Readiness team interacts with other departments like Trading and Operations.

💬 Prepare for These Interview Topics

Based on this role, you may be asked about:

1 Walk me through how you would approach translating a new day-ahead market rule into an internal process. What steps would you take?
2 Describe a time you coordinated readiness testing for a market launch. What were the key challenges and how did you overcome them?
3 How do you stay updated on changes in wholesale market tariffs and ensure your organization remains compliant?
4 Give an example of a cross-functional project where you had to align Legal, Regulatory, and Trading teams. How did you manage conflicting priorities?
5 How would you handle ambiguity in market rules that are still being finalized? What process would you use to prepare without complete information?
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⚠️ Common Mistakes to Avoid

  • Submitting a generic application without referencing specific market design experience or Iberdrola's clean energy focus.
  • Overemphasizing technical skills while downplaying cross-functional coordination and program management abilities.
  • Failing to demonstrate comfort with ambiguity; candidates should avoid insisting on complete information before acting.

📅 Application Timeline

This position is open until filled. However, we recommend applying as soon as possible as roles at mission-driven organizations tend to fill quickly.

Typical hiring timeline:

1

Application Review

1-2 weeks

2

Initial Screening

Phone call or written assessment

3

Interviews

1-2 rounds, usually virtual

✓

Offer

Congratulations!

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Good luck with your application to Iberdrola!

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