Director, Enterprise Risk Mgmnt - BSC (Hybrid)

Exelon; Baltimore (MD); On-site; USD 182,000 - 250,000; Full time

Benefits offered by this job

401(k) match

Medical, dental and vision insurance

Paid time off

Job summary

Exelon is seeking a Senior Enterprise Risk Manager to lead the development and implementation of enterprise risk management strategies for the board and senior leadership.

The role emphasizes cross‑functional collaboration, governance, and risk reporting across the organization, with extensive interaction with executives and external forums. A strong quantitative background and leadership experience are required.

Qualifications

• 10 years or more experience in the utility industry in roles that provide significant exposure to issues related to risk management, finance, and/or strategy.
• 5 years or more experience as a manager
• Excellent analytical skills
• Excellent written and oral communications skills
• Excellent interpersonal skills

Responsibilities

• Enterprise risk oversight and analysis (40%)
• Preparation of agendas and materials for Risk Management Committee, Audit and Risk Committee, Emerging Issues Steering Committee meetings (30%)
• Special projects and consulting, and ad hoc business team support relating to risk issues (20%)
• Internal and external communications, administration, budget, and coordination (10%)

Skills

Risk management

Analytical skills

Written communication

Verbal communication

Interpersonal skills

Leadership experience

Education

Undergraduate or graduate training in a quantitative field

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.

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

Lead development and implementation of Exelon's strategy to ensure the identification and management of enterprise risks, as well as effective oversight of enterprise risk management by Exelon's senior leadership and the Exelon Board's Audit and Risk Committee. Communicate regularly with leaders across Exelon to seek and share information relating to Exelon's enterprise risks. In partnership with the EVP, Compliance, Audit & Risk, lead risk‑related reporting to Exelon Board's Audit and Risk Committee and Exelon's Executive Committee. Lead Exelon's process to ensure awareness of emerging risks and risk‑related trends, including by organizing and facilitating a biannual steering committee meeting, periodic check‑ins and/or surveys to gather risk‑related information, and as‑needed periodic workshops on emerging risks and trends. Lead development of agendas and materials to support the role of the OpCo Risk Management Committees in promoting awareness of enterprise risks and effective risk management practices across Exelon. Lead communications within and outside Exelon to strengthen understanding of risk and effective risk management practices, including by: Supporting the development and communication of employee information and resources to support awareness and effective management of enterprise risks; and Serving as an ERM representative in external risk management forums, such as those organized by EEI/AGA, Gartner, PWC, and Deloitte. Oversee the Senior Manager, ERM and actively support key deliverables under the Senior Manager's supervision, including but not limited to development and reporting of Key Risk Indicators, risk bowties, and Management Model reviews, including of Exelon's Risk Appetite Statement. Support the review of Exelon Audit Services and Compliance & Ethics' annual risk assessment plans to ensure they effectively link and address relevant emerging issues and top enterprise risks. Provide feedback to EAS regarding adequacy of coverage of top enterprise risks and emerging risks in its annual audit plan. Oversee and manage ERM’s long range plan and budget. Lead periodic reviews and updates of risk‑related disclosures for 10K/10Q reporting, proxy statement, and other SEC and regulatory filings as appropriate. Participate in OpCo processes for review and approval of capital projects, representing the Risk function. Drives collaboration and coordination across the Compliance, Audit, and Risk teams to strengthen transparency, information sharing, consistency, and resource sharing.

Primary Duties

• Enterprise risk oversight and analysis (40%)
• Preparation of agendas and materials for Risk Management Committee, Audit and Risk Committee, Emerging Issues Steering Committee meetings (30%)
• Special projects and consulting, and ad hoc business team support relating to risk issues (20%)
• Internal and external communications, administration, budget, and coordination (10%)

Job Scope

Reports to EVP, Compliance, Audit, and Risk. Has one direct report (an E05 Senior Manager), who in turn manages one direct report (an E04 Enterprise Risk Manager), as part of the broader Compliance, Audit, and Risk team Key internal constituents and contacts include the Executive Committee, the Exelon Board's Audit and Risk Committee, senior OpCo leadership, Corporate Strategy, Federal and State regulatory and policy groups, Finance, and Legal

Minimum Qualifications

• 10 years or more experience in the utility industry in roles that provide significant exposure to issues related to risk management, finance, and/or strategy
• 5 years or more experience as a manager
• Excellent analytical skills
• Excellent written and oral communications skills
• Excellent interpersonal skills

Preferred Qualifications

• Undergraduate or graduate training in a quantitative field
• Self‑starter and highly motivated
• Prior experience with risk management responsibilities

Benefits

• Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors: $181,600.00/Yr. – $249,700.00/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.