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Sr Energy Acquisition Analyst

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Location: PHILADELPHIA, PA, United States
Organization: PECO Energy Company
Job ID: 228900
Date Posted: Feb 10, 2021

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Job Description

Description

At Exelon, we've got a place for you!

Join the nation's leading competitive energy provider, with one of the largest electricity generation portfolios and retail customer bases in the country. You will be part of a family of companies that strives for the highest standards of power generation, competitive energy sales, and energy delivery. Our team of outstanding professionals is focused on performance, thought leadership, innovation, and the power of ideas that come from a diverse and inclusive workforce.

Exelon will provide you the tools and resources you need to design, build and enhance a successful career. We are also dedicated to motivating the success of our employees through competitive base salary, incentives, and health and retirement benefits.

Join Exelon and share your passion at a forward-thinking Fortune 100 company. Establish yourself in a place where you can truly shine and create a brighter, more sustainable tomorrow. Energize your career at Exelon!

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 including 24x7 coverage during storms or other energy delivery emergencies.
PRIMARY DUTIES AND ACCOUNTABILITIES 

1. 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.

2. 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. 

3. 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.
POSITION 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.



Qualifications

POSITION SPECIFICATIONS 

Minimum:

Bachelor’s degree in engineering, finance or related field and minimum 5 - 8 years of experience or in lieu of bachelors degree, a minimum of 9-12 years of relevant experience.
Familiarity with wholesale marketplace, OATTs and PJM business rules.
Familiarity with restructured retail marketplace and PECO retail tariffs.
Strong interpersonal and excellent written and verbal communications skills
Ability to solve complex problems and make decisions.

Preferred:

Pursuit or completion of MBA.
Utility industry experience.
Working knowledge of various types of AMI interval meter data and metering configurations, including understanding of customer’s energy usage patterns.
Understanding of processes, systems (such as MDM, Billing, Metering), and data related to retail billing of electric customers and its relationship to metering, conceptual understanding of the electric retail choice and load settlements.
Working knowledge of analyzing time-series data for patterns, reasonability and anomalies, including but not limited to database querying and Excel modeling
Familiarity with SQL, and strong working knowledge of Excel. Overall, strong computer/technology skills and an aptitude for data analysis.
Experience in managing cross-team communications, coordination of activities, and analyzing/tracing issues across multiple systems and multiple organizations
Ability to multi-task, follow-up on multiple issues and tasks, and react quickly to operational data management/analysis needs.

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.

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