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, 19,000 colleagues strong serving more than 10 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).
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.
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Primary Purpose
PRIMARY PURPOSE OF POSITION
Management responsibility for the design, testing, implementation, documentation and on-going performance of daily operational and financial processes required for the Company to purchase power in the PJM marketplace and deliver energy to retail customers under a restructured retail environment. Support other Senior Analysts in Department with day-to-day responsibilities and other Company organizations with strategic initiatives such as the design and implementation of new procurement methodologies. Note: Position may be required to work extended hours for coverage during storms or other energy delivery emergencies.
Primary Duties
PRIMARY DUTIES AND ACCOUNTABILITIES
- Management responsibility for the detailed design, testing, implementation, on-going performance and documentation of the business processes for generating load estimates, verifying and submitting energy schedules, submitting capacity obligations and network service billing determinants and calculating and submitting 60-day reconciliations under PJM. Ongoing responsibility for performing daily processes. (40%)
- Management responsibility for the detailed design, testing, implementation, on-going performance and documentation of the business processes for wholesale supplier and PJM statement accrual, billing and financial reporting and performance of mark-to-market and collateral processing under wholesale supply agreements. Ongoing responsibility for performing processes. (30%)
- Management responsibility for the design, implementation, on-going performance and documentation of the business processes for verifying generation and tie-line values with neighboring market participants as part of the zonal check-out process under PJM. Ongoing responsibility for performing daily processes. (30%)
Job Scope
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
MINIMUM QUALIFICATIONS
- Bachelor's degree in engineering, finance or related field and 4-7 years of experience or in lieu of bachelor's degree, 6-9 years of relevant experience.
- Familiarity with wholesale marketplace, OATTs and PJM business rules
- Familiarity with restructured retail marketplace and ComEd retail tariffs
- Strong interpersonal and excellent written and verbal communications skills
- Ability to solve complex problems and make decisions
Preferred Qualifications
PREFERRED QUALIFICATIONS
- Pursuit or completion of MBA
- Utility industry experience.
Benefits
Benefits
- Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $88,800.00/Yr. – $122,100.00/Yr.
- Annual Bonus for eligible positions: 15%
- 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.