Dir Energy Acquisition

PECO; Philadelphia (Philadelphia County); On-site; USD 180,000 - 248,000; Full time

Benefits offered by this job

Annual salary $180,000–$247,500

Long Term Incentive Plan (LTIP)

Annual bonus 30%

401(k) match and company contribution

Medical, dental and vision insurance

Life and disability insurance

Generous paid time off

Employee Assistance Program

Wellbeing programs and reimbursement

Job summary

Exelon is a Fortune 200 energy company seeking a senior leader to oversee power procurement, market settlement and retail choice administration. The role guides PJM-compliant processes, supplier agreements and regulatory interactions across multiple states.

The position emphasizes leadership development, operational excellence and the ability to drive strategic objectives while managing a diverse, safe, high-performing team.

Qualifications

• Bachelor's degree in engineering, business or related field.
• Minimum of 12 years of business experience. Electric utility industry experience preferred.
• In lieu of degree, 15-20 years of relevant experience.
• Familiarity with wholesale marketplace and marketplace design theories, transmission rate-making, OATTs and PJM business rules
• Familiarity with restructured retail marketplace and ComEd/PECO retail tariffs
• Experience in advocating and positively influencing Company positions in regulated rulemaking environments
• Proven leadership in building a high-performance culture; managing change; managing performance improvements; strategic planning skills; implementing new technologies to support process improvements.
• Demonstrated ability to build consensus; establish trust; communicate effectively and foster culture change.
• 5 years of supervisory experience.

Responsibilities

• Direct management team and individual contributors in management of departmental operational functions required for power procurement, market settlement and retail choice administration activities.
• Lead role in developing and complying with PJM, NERC and state and federal regulatory and legislative regulation, rules and policies.
• Serve as key participant in development and approval of power procurement process and supplier agreements with State regulatory bodies and other stakeholders.
• Provide leadership in promoting a safe, motivated, productive and diverse workforce. Provide leadership, development and coaching of direct reports.

Skills

Leadership experience

Regulatory knowledge

Change management

Education

Bachelor's degree in engineering, business or related field

15-20 years of relevant experience in lieu of degree

5 years of supervisory experience

Job description

Who We Are

Exelon is helping build a more affordable, reliable energy future for the communities we serve. We're looking for people who are ready to make a difference and work together to deliver the energy our customers count on every day.

As a Fortune 200 company and one of the nation's largest utility companies, we have more than 20,000 colleagues who serve nearly 11 million customers through six fully regulated utilities - Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).

Exelon is built by people who put safety first, work together to solve problems and show up every day for our customers and communities. We believe strong teams are built on trust, respect and a shared commitment to high-performance culture. And our commitment to employees includes creating an environment where people can grow, develop new skills and build thriving careers.

We know this work isn't easy. That's why we offer competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career. No matter your role, you will be part of a team that is committed to making a difference, improving how we work and delivering for the people who depend on us.

Are you on for the challenge?

Primary Purpose

PRIMARY PURPOSE OF POSITION

Direct department responsible for procuring power under supplier agreements and the PJM marketplace to serve provider-of-last customers through a PUC-approved, competitive procurement process, performing market settlement activities required of EDCs as members of PJM and administering policies and rules to facilitate retail choice. Provide oversight to ensure operational excellence in Department activities in compliance with Sarbanes-Oxley requirements. Serve as key member of leadership team, developing and implementing Company strategic objectives. Lead department managers to foster development and sustainability of high-performing teams. Note: Position may be required to work extended hours for coverage during storms or other energy delivery emergencies.

Primary Duties

PRIMARY DUTIES AND ACCOUNTABILITIES

• Direct management team and individual contributors in management of departmental operational functions required for power procurement, market settlement and retail choice administration activities. Oversight functions include performance of enrollment processing, load profiling, energy scheduling, billing, credit and calculation of service territory loads. (50%)
• Lead role in developing and complying with PJM, NERC and state and federal regulatory and legislative regulation, rules and policies. (20%)
• Serve as key participant in development and approval of power procurement process and supplier agreements with State regulatory bodies and other stakeholders. (15%)
• Provide leadership in promoting a safe, motivated, productive and divers workforce. Provide leadership, development and coaching of direct reports. (15%)

Job Scope

JOB SCOPE

Manages energy, capacity, transmission service and ancillary services purchased and delivered by the utility. Market design issues affect the entire utility business model. Daily processes affect short-and long-term load and financial forecasts, real-time operations and after-the-fact reporting and settlement throughout the utility. Energy Acquisition continually works with senior members of the Wholesale Market Development team and its outside consultants, Regulatory & External Affairs, Finance, Accounting, Load Forecasting and Transmission Operations in performing daily responsibilities and supporting strategic initiatives.

Minimum Qualifications

MINIMUM QUALIFICATIONS

• Bachelor's degree in engineering, business or related field.
• Minimum of 12 years of business experience. Electric utility industry experience preferred.
• In lieu of degree, 15-20 years of relevant experience
• Familiarity with wholesale marketplace and marketplace design theories, transmission rate-making, OATTs and PJM business rules
• Familiarity with restructured retail marketplace and ComEd/PECO retail tariffs
• Experience in advocating and positively influencing Company positions in regulated rulemaking environments
• Proven leadership in building a high-performance culture; managing change; managing performance improvements; strategic planning skills; implementing new technologies to support process improvements.
• Demonstrated ability to build consensus; establish trust; communicate effectively and foster culture change.
• 5 years of supervisory experience.

Preferred Qualifications

PREFERRED QUALIFICATIONS

Pursuit or completion of MBA

Benefits

• Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $180,000.00/Yr. – $247,500.00/Yr. plus an additional $50K in Long Term Incentive Plan annually
• Annual Bonus for eligible positions: 30%
• 401(k) match and annual company contribution
• Medical, dental and vision insurance
• Life and disability insurance
• Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
• Employee Assistance Program and resources for mental and emotional support
• Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
• Referral bonus program
• And much more

Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.