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Exelon Principal Energy Acquisition Analyst (Hybrid) in BALTIMORE, Maryland

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, 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.

Are you in?

PRIMARY PURPOSE OF POSITION

Serve as subject matter expert, lead and train other Department team members on day-to-day responsibilities, manage Department business processes and systems and identify and implement process and system improvements required for Exelon Utilities 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 AND ACCOUNTABILITIES

  • Serve as subject matter expert on Base SAS, SAS SQL, and SAS Macro used to support business processes and systems. Serve as subject matter expert on business processes and systems and lead and train other Department members on business processes and systems used for electric power procurement auctions, invoicing, financial models of Standard Offer Service (SOS) income, procurement of Renewable Energy Certificates, procurement of instruments to hedge regional power flow congestion. 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.

  • Serve as subject matter expert on business processes and systems and lead and train other Department members on business processes and systems used in the detailed design, testing, implementation, on-going performance and documentation of the business processes for market exposure via mark-to-market analysis, assessment of how MD legislation affects SOS, engagement with external stakeholders (including MD regulators) to modify SOS process and contracts, valuation models of electric power generation and analyses of wholesale electric market conditions. 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.

  • Serve as subject matter expert on business processes and systems and lead and train other Department members on business processes and systems used to maintain and develop SAS applications to support SOS procurement and strategy to optimize the capability of MD retail DR and EE programs in PJM wholesale markets. 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. Function as the subject matter expert for Exelon Utilities, in its capacity as a Load Serving Entity within PJM, on PJM market structures, market design and market policy.

JOB SCOPE

The management of energy, capacity, transmission service and ancillary services purchased and MD Renewable Portfolio Standard compliance by the Department exceeds $1 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 Regulatory and External Affairs, Finance, Accounting and outside consultants in performing daily responsibilities and supporting strategic initiatives.

Qualifications

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.

  • Base SAS and SAS Macro with 3 – 5 years of development experience

  • Strong interpersonal and excellent written and verbal communications skills

  • Ability to solve complex problems and make decisions and proactively resolve external counterparty issues

PREFERRED QUALIFICATIONS

  • Familiarity with wholesale marketplace, OATTs and PJM business rules

  • Familiarity with restructured retail marketplace and MD retail tariffs

  • Skills using SAS SQL, Oracle SQL, Excel, HTML, mixed programming principals, object-oriented programming principals, and Windows scheduler.

  • Electric utility experience and/or familiarity with credit policy and financial analysis

  • Pursuit or completion of M.B.A.

Benefits

  • Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors: $110,400-$165,600

  • Annual bonus and incentive pay up to 20%

  • 401(k) match and annual company contribution

  • Medical, Dental and Vision Insurance

  • Life and disability insurance

  • Generous paid time off, including vacation, floating and fixed holidays and sick time

  • Maternity leave as well as paid bonding/primary caregiver leave or parental leave for the birth or adoption of a child or to care for an ill family member, as applicable (eligibility based on position)

  • Long Term Incentive Plan for eligible positions

  • Wellbeing programs such as tuition reimbursement, adoption assistance and fitness reimbursement

  • Referral bonus program

  • And much more

REQNUMBER: 250325

Exelon is proud to be an equal opportunity employer and employees or applicants will receive consideration for employment without regard to: age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law. If you are an individual with a disability and need an accommodation to complete the application, please email us at DandI@exeloncorp.com.

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