Mgr Energy Acquisition Analysts

Transmission & Distribution World; Oak Brook (IL); Hybrid; USD 124,000 - 171,000; Full time

Benefits offered by this job

401(k) match

Medical, dental and vision insurance

Generous paid time off

Employee Assistance Program

Job summary

Exelon is seeking a seasoned energy acquisition leader to supervise and develop the department responsible for power purchases and load allocation under a restructured market. You will guide the design, testing, and documentation of daily processes, ensuring SOX controls and strong financial discipline across the unit.

The role requires extensive knowledge of PJM rules, wholesale markets, and retail tariffs, plus demonstrated leadership and the ability to work with IT and business stakeholders

Qualifications

• Bachelor's degree in relevant field and minimum 7-10 years of business experience or in lieu of bachelor's degree, 9-12 years of relevant experience.
• Familiarity with wholesale marketplace, OATTs and PJM business rules
• Familiarity with restructured retail marketplace and ComEd retail tariffs
• Demonstrated leadership skills and ability to communicate effectively
• Ability to solve complex problems and make decisions and proactively resolve external counterparty issues

Responsibilities

• Supervise, lead, and train Department members on business processes and systems used to procure power and allocate load serving responsibilities including load forecasting, verifying and submitting energy schedules, submitting capacity obligations and network service billing determinants, calculating and submitting 60-day reconciliations under PJM, updating customer class load profiles, producing load profile settlement equations, maintaining sample meter statistical data, performing load research for other internal departments and providing historical enrollment and usage data to suppliers.
• Management responsibility for the detailed design, testing, implementation, on-going performance and documentation of the day-to-day business processes and systems in accordance with key financial controls and Sarbanes Oxley compliance.
• Lead cross-functional teams evaluating procurement methodologies and credit policies, and evaluate wholesale market structure changes.

Job description

We're powering a cleaner, brighter future.Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 20,000 colleagues strong serving more than 10.7 million customers at six energy companies -- 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).We're committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive.In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.

Supervise, lead, and train Department team members on day-to-day responsibilities, manage Department business processes and systems and identify and implement process and system improvements required to purchase power in the PJM marketplace and deliver energy to retail customers under a restructured retail environment. Management responsibility for the design, testing, implementation, documentation and on-going performance of daily operational and financial processes. Represent Energy Acquisition on cross-functional teams evaluating or implementing strategic initiatives such as the design of new procurement methodologies and credit policies, and evaluation and implementation of wholesale market structure changes. Note: Position may be required to work extended hours for coverage during storms or other energy delivery emergencies.

Primary Duties

• Supervise, lead, and train Department members on business processes and systems used to procure power and allocate load serving responsibilities including load forecasting, verifying and submitting energy schedules, submitting capacity obligations and network service billing determinants, calculating and submitting 60-day reconciliations under PJM, updating customer class load profiles, producing load profile settlement equations, maintaining sample meter statistical data, performing load research for other internal departments and providing historical enrollment and usage data to suppliers. Management responsibility for the detailed design, testing, implementation, on-going performance and documentation of the day-to-day business processes and systems in accordance with key financial controls and Sarbanes Oxley compliance.

Job Scope

The management of energy, capacity, transmission service and ancillary services purchased and delivered by the Department exceeds $6 billion annually. Market design issues affect wholesale procurement methodologies and costs and retail tariffs, billing and revenues. Daily processes affect short-and long-term load and financial forecasts, real-time operations and after-the-fact reporting and settlement throughout the Company. Department members continually work with senior members of Customer Operations, Regulatory and External Affairs, Transmission Operations, Finance, Accounting and outside consultants in performing daily responsibilities and supporting strategic initiatives.

Minimum Qualifications

• Bachelor's degree in relevant field and minimum 7-10 years of business experience or in lieu of bachelor's degree, 9-12 years of relevant experience.
• Familiarity with wholesale marketplace, OATTs and PJM business rules
• Familiarity with restructured retail marketplace and ComEd retail tariffs
• Demonstrated leadership skills and ability to communicate effectively
• Ability to solve complex problems and make decisions and proactively resolve external counterparty issues

Preferred Qualifications

• Electric utility experience
• Working knowledge of Customer Care & Billing (CC&B).
• Strong business and technology acumen.
• Experience partnering with IT and business stakeholders to support operational and system-related initiatives.
• Knowledge of utility billing, metering, settlements, or energy market operations is a plus.

Benefits

• Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $124,000.00/Yr. – $170,500.00/Yr.
• Annual Bonus for eligible positions: 20%
• 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.

Who We Are

We're powering a cleaner, brighter future.

Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.

We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service.

In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking.

Are you in?