WHO WE ARE

As the nation's largest producer of clean, carbon-free energy, Constellation is focused on our purpose: accelerating the transition to a carbon-free future. We have been the leader in clean energy production for more than a decade, and we are cultivating a workplace where our employees can grow, thrive, and contribute.

Our culture and employee experience make it clear: We are powered by passion and purpose. Together, we're creating healthier communities and a cleaner planet, and our people are the driving force behind our success. At Constellation, you can build a fulfilling career with opportunities to learn, grow and make an impact. By doing our best work and meeting new challenges, we can accomplish great things and help fight climate change. Join us to lead the clean energy future.

TOTAL REWARDS

Constellation offers a wide range of benefits and rewards to help our employees thrive professionally and personally. We provide competitive compensation and benefits that support both employees and their families, helping them prepare for the future. In addition to highly competitive salaries, we offer a bonus program, 401(k) with company match, employee stock purchase program; comprehensive medical, dental and vision benefits, including a robust wellness program; paid time off for vacation, holidays, and sick days; and much more.

Expected salary range of $130,500 to $145,000, varies based on experience, along with comprehensive benefits package that includes bonus and 401(k).

PRIMARY PURPOSE OF POSITION

Constellation’s power marketing and trading organization is responsible for optimizing the profitability of a dynamic portfolio of generation assets and load obligations. The Commercial organization is also responsible for identifying and executing growth opportunities to achieve Constellation’s financial and risk management objectives.

The Commercial Transactions function plays a key role in achieving these objectives. By working as a key deal team participant, we are the primary partner for Retail Sales and Power Origination and provide commercial reviews, vetting, strategic and portfolio fit assessments of wholesale and retail power transactions and capital investments. Our team also supports commercial due diligence for mergers, acquisitions, and divestiture projects.

The ideal candidate will understand the front, mid- and back-office functions in a commodity trading organization, as well as the functions that drive and support CORe+ transactions (Credit, Risk, Legal, Regulatory, etc.). This candidate will be capable of engaging resources and facilitating active deal teams within the Commercial organization. The individual should understand the various pricing models used to value retail transactions and structured origination opportunities along with an understanding of financial valuations.

The position will appeal to an individual that desires to apply their knowledge of commodity markets and transaction structures (power purchase agreements, asset management, load serving, etc.) and financial evaluation techniques (probabilistic vs. deterministic, risk/return assessments) in the successful evaluation and execution of value-added transactions. Candidates will be required to participate in presentations of business opportunities to senior management and contribute to business goals in a rapidly changing and challenging industry.

PRIMARY DUTIES AND ACCOUNTABILITIES

• Partner with CORe+ commercial leads to vet, structure, navigate internal approvals, and execute structured wholesale and retail power transactions; may include leading or facilitating deal teams; Power Purchase Agreement, or other contractual review; and portfolio and strategic fit assessment
• Review of Renewable asset development and ongoing portfolio risk management
• Work with deal sponsors to prioritize opportunities to efficiently utilize commercial and analytical resources, and to ensure timely commercial and management review; ensure commercial inputs are developed and reviewed by internal subject matter experts
• Work closely with others in Portfolio Management to ensure transaction analysis reflects our current view of the company’s portfolio and hedge practices, as well as align with Constellation’s strategic direction.
• Leverage financial expertise to review and validate financial inputs for asset investments using market information, third party assessments and internal fundamental projections. Ensure adherence to pricing and financial standards, and approval processes
• Act as a general commercial liaison for ad hoc Corporate-wide or sponsored projects such as regulatory efforts or projecting financing.

MINIMUM QUALIFICATIONS

• An undergraduate degree in Finance, Economics, Marketing, Engineering, or equivalent experience
• Five years of relevant work experience, including understanding of commercial terms and risks associated with various structured transactions
• Basic understanding and knowledge of market rules, operations, and settlements
• Knowledge of pricing techniques for structured transactions
• Solid process management discipline
• Strong computer skills including knowledge and proficiency in Microsoft Office Suite Products
• Excellent interpersonal and communication skills, including written and verbal
• Ability to work in a team environment across organizational boundaries

PREFERRED QUALIFICATIONS

• Advance degree (e.g., MBA in Finance, or Marketing, Master's in Engineering) preferred
• Structured transaction and/or renewable experience preferred