Energy Acquisition Analyst

ComEd is seeking an Energy Acquisition Analyst in Oak Brook, IL, to support the procurement of energy and credits in the wholesale marketplace. Responsibilities include managing operational processes, supplier contracts, financial reporting, and regulatory submissions. The role may require extended hours during energy emergencies. ComEd emphasizes a diverse and inclusive workplace, offering competitive compensation and opportunities for career growth.
Who We Are

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, 20,000 colleagues strong serving more than 10.7 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).

We're committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive.

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

Support and contribute to the design, implementation, documentation and on-going performance of daily operational processes and systems required for the Company to purchase power, Renewable Energy Credits, Zero Emissions Credits and Carbon Mitigation Credits in the wholesale marketplace and deliver energy to retail customers under a restructured retail environment. Support other Analysts in Department with on-going responsibilities for procurement events, administration of supplier contracts, supplier and PJM payments, supplier credit and collateral requirements and implementation of legislative initiatives. Perform financial reporting required for other Company organizations related to PJM billing and the procurement of energy supply, Renewable Energy Credits, Zero Emissions Credits and Carbon Mitigation Credits

Position may be required to work extended hours for coverage during storms or other energy delivery emergencies.

Primary Duties

Support for the design, testing, implementation, documentation and on-going performance of daily operational processes and systems required for PJM bill estimation and PJM bill paymentOn-going responsibility for supplier contract administration and the processing of monthly payments for energy and Renewable Energy Credits, Zero Emissions Credits sand Carbon Mitigation CreditsOn-going responsibility for the preparation of and submittal of quarterly regulatory reporting to ICC and FERC related to energy procurementManagement of the preparation and submittal of documentation for financial audits and retention of all supplier contract documentationOn-going responsibility for monitoring of PJM and supplier credit and collateral requirements in coordination with Department Manager and other company organizations

Job Scope

The management of energy, capacity, transmission service and ancillary services purchased and delivered by the Department exceeds $6 billion annually. The processing of collateral requirements associated with credit and mark-to-market activities exceeds $2 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

Bachelor's degree in engineering, economics or relevant discipline and a minimum of 2-4 years of relevant experience, or in lieu of a Bachelor's degree, a minimum of 3-6 years of relevant experience.Familiarity with restructured retail marketplace and retail tariffs, billing and enrollmentsStrong interpersonal and excellent written and verbal communications skillsAbility to solve complex problems and make decisions

Preferred Qualifications

Electric utility experienceKnowledge of company billing systems and practicesFamiliarity with energy wholesale marketplace, OATTs and PJM business rulesExperience working with Excel spreadsheets and other data analysis tools

Benefits

Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $72,000.00/Yr. – $99,000.00/Yr. Annual Bonus for eligible positions: 10% 401(k) match and annual company contributionMedical, dental and vision insuranceLife and disability insuranceGenerous 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 supportWellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursementReferral bonus programAnd 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.