Director Energy Acquisition

Direct department responsible for procuring power under supplier agreements and the PJM marketplace to serve provider-of-last customers through a PUC-approved, competitive procurement process, performing market settlement activities required of EDCs as members of PJM and administering policies and rules to facilitate retail choice. Provide oversight to ensure operational excellence in Department activities in compliance with Sarbanes-Oxley requirements. Serve as key member of leadership team, developing and implementing Company strategic objectives. Lead department managers to foster development and sustainability of high-performing teams. Note: Position may be required to work extended hours for coverage during storms or other energy delivery emergencies.

• Direct management team and individual contributors in management of departmental operational functions required for power procurement, market settlement and retail choice administration activities. Oversight functions include performance of enrollment processing, load profiling, energy scheduling, billing, credit and calculation of service territory loads. (50%)
• Lead role in developing and complying with PJM, NERC and state and federal regulatory and legislative regulation, rules and policies. (20%)
• Serve as key participant in development and approval of power procurement process and supplier agreements with State regulatory bodies and other stakeholders. (15%)
• Provide leadership in promoting a safe, motivated, productive and divers workforce. Provide leadership, development and coaching of direct reports. (15%)

Manages energy, capacity, transmission service and ancillary services purchased and delivered by the utility. Market design issues affect the entire utility business model. Daily processes affect short-and long-term load and financial forecasts, real-time operations and after-the-fact reporting and settlement throughout the utility. Energy Acquisition continually works with senior members of the Wholesale Market Development team and its outside consultants, Regulatory & External Affairs, Finance, Accounting, Load Forecasting and Transmission Operations in performing daily responsibilities and supporting strategic initiatives.

• Bachelor's degree in engineering, business or related field.
• Minimum of 12 years of business experience. Electric utility industry experience preferred.
• In lieu of degree, 15-20 years of relevant experience
• Familiarity with wholesale marketplace and marketplace design theories, transmission rate-making, OATTs and PJM business rules
• Familiarity with restructured retail marketplace and ComEd/PECO retail tariffs
• Experience in advocating and positively influencing Company positions in regulated rulemaking environments
• Proven leadership in building a high-performance culture; managing change; managing performance improvements; strategic planning skills; implementing new technologies to support process improvements.
• Demonstrated ability to build consensus; establish trust; communicate effectively and foster culture change.
• 5 years of supervisory experience.

Pursuit or completion of MBA

• Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $180,000.00/Yr. – $247,500.00/Yr. plus an additional $50K in Long Term Incentive Plan annually
• Annual Bonus for eligible positions: 30%
• 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