Sr. Specialist, Commercial PJM

Capital Power; Canada; Hybrid; CAD 126,000 - 149,000; Full time

Job summary

A North American energy company is seeking a Sr. Specialist, Commercial, PJM to manage commercial risks and optimize asset value. This role involves leading a team to develop strategies and liaising with various stakeholders to enhance decision-making. The ideal candidate has 5+ years of experience in relevant fields and holds a degree in Engineering or Commerce. The position offers a hybrid work model and competitive salary.

Benefits

Health care benefits

Retirement benefits

Paid time off

Annual bonus

$1000 Referral Reward

Qualifications

• 5+ years in operational, commercial, engineering, business development, or financial/analytical roles.
• Knowledge of power markets, generation, marketing, regulatory frameworks, transmission, and PPAs.

Responsibilities

• Lead and coordinate internal SME teams to optimize commercial value.
• Negotiate commercial contracts with third parties.
• Monitor market developments and regulatory impacts.

Skills

Strong understanding of power markets

Excellent communication

Financial analysis

Project management

Education

Degree in Engineering, Commerce, Economics, or related field

Master’s degree or progress toward one

Job description

A little about Capital Power

Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power . This north star guides our ambitions, focus, and actions as we transform our energy system to power a lower-carbon future. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America.

Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment, and we live by our North Star. With us, your contributions matter – we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America!

Your Opportunity

One Permanent Full Time Position.

Are you passionate about being a part of an integral team that plays a key role in our growth and lower-carbon ambitions?

We are currently seeking an innovative and results-oriented individual to join our Commercial Management team!

Reporting to the Director, Commercial, PJM, the Sr. Specialist, Commercial, PJM is accountable for proactively identifying and managing commercial risks and opportunities for existing assets, both short- and long-term. You will develop and implement risk mitigation strategies to preserve, improve, and optimize asset value, including delivering value-add targets for each assigned asset and contributing to strategic asset management plans.

You will manage day-to-day relationships with applicable counterparties and joint venture partners, working independently or in coordination with Operations and Commodity Trading on asset optimization, issue resolution, and dispute management. As the lead point of contact for asset-related matters, you will engage with Legal, Regulatory, Finance, Environmental, and external regulatory agencies and government entities. Additionally, you will monitor market developments, assess their impact on asset value, and collaborate with internal teams to develop and implement strategies that preserve and enhance asset value across the broader portfolio.

You will contribute to our team by:

• Lead and coordinate internal SME teams to optimize commercial value of assigned assets and the broader generation fleet.
• Develop and implement strategies to preserve/enhance asset value, including monitoring market developments and regulatory impacts.
• Manage day-to-day relationships with counterparties, joint venture partners, and internal stakeholders (Operations, Legal, Regulatory, Finance, etc.).
• Ensure compliance with commercial agreements and act as the primary contact for related issues.
• Negotiate commercial contracts (e.g., PPAs, long-term service agreements) with third parties.
• Provide commercial support on operating and capital investment decisions.
• Identify, assess, and act on trends, threats, and opportunities in the external environment.
• Lead resolution of disputes with partners and counterparties.
• Report on commercial issues and opportunities in stakeholder meetings.
• Manage commercial reporting and functions with asset partners.
• Support evaluation of new assets/opportunities from Business Development.
• Lead or contribute to ad-hoc projects and initiatives across assets.

What you will bring to the role:

Education:

• Degree in Engineering, Commerce, Economics, or related field.
• Master’s degree or progress toward one is an asset.
• Professional designation is an asset.

Experience:

• 5+ years in operational, commercial, engineering, business development, or financial/analytical roles, preferably in deregulated electricity or related industries.
• Knowledge of power markets, generation, marketing, regulatory frameworks, transmission, and PPAs.
• Familiarity with PJM interconnect and customer base preferred.
• Experience with tax-equity structures for renewables is an asset.

Technical & Other Skills:

• Strong understanding of power markets and plant operations.
• Experience with complex legal agreements and contract negotiation.
• Financial analysis, budgeting, forecasting, and asset earnings modeling.
• Project management and cross-functional collaboration.
• Excellent communication and stakeholder engagement skills.
• Ability to travel within North America.
• Proactive, detail-oriented, and capable of independent decision-making.
• Able to manage ambiguity, conflict, and dynamic workloads.
• Provide strategic recommendations to senior management.

Working Conditions:

• Hybrid Office/Work from home position.
• Periodic travel to meet business users at Capital Power facilities or other offices across North America.

Additional Details:

This position will remain open until a suitable candidate is found.

The pay range for this position is $126,990 to $148,155.

The specific rate will depend on the successful candidate’s qualifications and prior relevant experience.

This position is eligible for health care benefits, retirement benefits, paid time off, and annual bonus.

In order to be considered for this role you must be legally eligible to work in United States of America.

The successful candidate for this position will undergo an education verification, reference checks and criminal record check.

Capital Power employees that refer a successful candidate for this position are eligible for a $1000 Referral Reward!

We believe that creating a culture that supports employee physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development.

Depending on the posting requirements relocation assistance may be available.

How To Apply and Next Steps

Capital Power only accepts resumes via online application at www.capitalpower.com/careers . If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.

Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting [e-mail] .

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.

Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.