Sr. Specialist, Commercial PJM

Capital Power Operations (USA) Inc; Washington (District of Columbia); On-site; USD 126,990 - 148,155; Full time

Benefits offered by this job

Health care

Retirement savings

Paid time off

Annual bonus

Job summary

Capital Power Operations (USA) Inc is looking for a Senior Specialist, Commercial, PJM to manage commercial risks and opportunities across its asset portfolio. This role involves leading internal teams, negotiating contracts, and ensuring compliance with commercial agreements.

The ideal candidate will have a Bachelor’s degree and at least 5 years of relevant experience in the electricity market. The position offers a hybrid work model and includes benefits such as health care and retirement savings.

Qualifications

• 5+ years in operational, commercial, engineering, or analytical roles.
• Experience in deregulated electricity or related industries.
• Strong understanding of power market operations and legal agreements.

Responsibilities

• Lead internal teams to optimize asset commercial value.
• Negotiate commercial contracts with third parties.
• Identify and act on trends and opportunities in the market.

Skills

Knowledge of power markets

Financial analysis

Project management

Excellent communication

Negotiation skills

Education

Bachelor’s degree in Engineering, Commerce, or Economics

Master’s degree (or progress toward one)

Tools

Financial modeling tools

Job description

Overview

Capital Power (TSX: CPX) is a growth‑oriented North American energy company headquartered in Edmonton, Alberta, focused on delivering reliable, affordable, lower‑carbon power solutions. The Senior Specialist, Commercial, PJM, reports to the Director, Commercial, PJM and is responsible for proactively identifying and managing commercial risks and opportunities across the company’s asset portfolio.

Responsibilities

• Lead and coordinate internal SME teams to optimize commercial value of assigned assets and the broader generation fleet.
• Develop and implement strategies to preserve and enhance asset value, 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 (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.

Qualifications

• Education: Bachelor’s 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; proactive, detail‑oriented, independent decision‑making.
• Travel: Ability to travel within North America.
• Working conditions: hybrid office/work‑from‑home position.
• Eligibility: must be legally eligible to work in the United States.

Working Conditions

Hybrid office/work‑from‑home role with periodic travel to Capital Power facilities or other offices across North America.

Compensation & Benefits

• Salary range: $126,990 to $148,155, commensurate with qualifications and experience.
• Benefits: health care, retirement savings, paid time off, and annual bonus.