Corporate Development Director

Xcel Energy Services Inc; Denver (CO); On-site; USD 148,000 - 211,000; Full time

Benefits offered by this job

Annual Incentive Program

Long Term Incentive

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

Pension

401(k) plan

Paid time off

Holidays

Parental Leave

Job summary

Xcel Energy in Denver seeks a Corporate Development Director to lead strategy and execution of acquisitions, divestitures, and joint ventures. You will coordinate valuations, due diligence, and risk assessment while guiding senior leadership on strategic investment opportunities.

The role requires a decade of relevant experience, strong negotiation and financial modeling skills, and the ability to work across teams in a dynamic energy environment. Overnight travel may be required.

Qualifications

• Ten years’ acquisitions/divestitures or equivalent corporate development experience.
• Demonstrated skilled negotiator with strong financial modeling capability.
• Experience in or knowledge of an energy related field.

Responsibilities

• Lead the Corporate Development team in strategy development and portfolio execution.
• Independently negotiate multiple large, complex transactions simultaneously.
• Assess opportunities including acquisitions, divestitures, or joint ventures for strategic fit.
• Conduct financial evaluations and due diligence reviews of potential opportunities.
• Coordinate negotiations and support business units on new initiatives.
• Coach and develop staff within Corporate Development.

Skills

Negotiation

Financial analysis

Communication

Leadership

Teamwork

Education

Bachelor's degree in a technical or financial field

MBA preferred

Job description

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you’re looking for.

Corporate Development Director Position Summary

Identify, evaluate, negotiate, validate, and execute strategic acquisitions, divestitures, and joint ventures to enhance corporate financial performance, efficiency, and capabilities. Coordinate and execute financial valuations, due diligence reviews, and risk assessment of potential acquisitions or divestitures. Negotiate multiple large, complex transactions simultaneously. Provide a consistent methodology for assessment of new corporate development opportunities. Identify areas/segments for new investment opportunities and develop strategies/build business cases for executing on strategies. Lead individual Corporate Development Operating Company strategies, pipeline development, and portfolio execution. Implement and improve the process for screening and prioritization of industry opportunities and competitive threats. Review and assess business expansion opportunities against screening criteria. Provide support and guidance to business units in assessing and developing new corporate development initiatives. Prepare materials supporting transactions for senior leadership and Board review and approval. Coordinate and contribute to the efforts to gain regulatory approvals of proposed transactions. Provide guidance and training to corporate development team members.

Essential Responsibilities

Provide leadership to the Corporate Development team in developing and managing one or more Operating Company Corporate Development Strategies. Independently negotiate multiple large, complex transactions simultaneously. Identify/build investment rategies for entry into new business segments/asset classes. Direct the assessment of potential business expansion opportunities, including acquisitions, divestitures, or joint ventures for financial contribution and strategic fit. Conduct financial evaluations and due diligence reviews of potential opportunities. Coordinate and participate in transaction negotiations. Provide guidance and support to business units in assessing and developing new corporate development initiatives which are consistent with company strategic and financial objectives. Maintain and continuously improve a consistent methodology for the screening and prioritization of business opportunities and resource allocation. Review and screen business expansion opportunities against screening criteria. Evaluate the company's portfolio of businesses and assess the gaps that exist in the corporation relative to capabilities, markets, business scope, and investment risk/return, and recommend approaches to close those gaps. Coordinate and conduct the project management of corporate development opportunities that have been approved for implementation. Coach and develop staff in all areas of Corporate Development deal identification.

Minimum Requirements

Bachelor's degree in a technical or financial field required. MBA preferred. Will consider equivalent combination of knowledge/capabilities from experience and education. Ten years’ experience in acquisitions and divestitures, or equivalent corporate development experience. Demonstrated skilled negotiator. Excellent written and verbal communication skills. Demonstrated financial analysis and modeling capability. Deep knowledge of transaction-related tax, accounting, legal, and human resource issues. Capable of integrating technical and business judgment. Ability to work well within a team, and to successfully lead and interact with individuals at all levels of the organization. Experience in, or extensive knowledge of, an energy related field. Must be available to work additional hours. Overnight travel as needed.

Non-Bargaining

The anticipated starting base pay for this position is: $148,400.00 to $210,733.00 per year

This position is eligible for the following benefits:

• Annual Incentive Program
• Long Term Incentive
• Medical/Pharmacy Plan
• Dental
• Vision
• Life Insurance
• Dependent Care Reimbursement Account
• Health Care Reimbursement Account
• Health Savings Account (HSA) (if enrolled in eligible health plan)
• Limited-Purpose FSA (if enrolled in eligible health plan and HSA)
• Transportation Reimbursement Account
• Short-term disability (STD)
• Long-term disability (LTD)
• Employee Assistance Program (EAP)
• Fitness Center Reimbursement (if enrolled in eligible health plan)
• Tuition reimbursement
• Transit programs
• Employee recognition program
• Pension
• 401(k) plan
• Paid time off (PTO)
• Holidays
• Volunteer Paid Time Off (VPTO)
• Parental Leave

Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.

In any materials you submit, you may redact or remove age-identifying information including but not limited to dates of school attendance and graduation. You will not be penalized for redacting or removing this information.

Deadline to Apply

Deadline to Apply: 10/04/26

Equal Employment Opportunity Statement

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at [e-mail].

EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF)

Accessibility Statement

Accessibility Statement Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of your website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at [e-mail]. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

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