COMPANY OVERVIEW
As the nation's largest producer of clean, carbon-free energy, Constellation is a company purposely-built to meet the challenges of the climate crisis. Constellation has been the leader in clean energy production for more than a decade and we are growing our company and capabilities. Now, we're accelerating, speeding our low-carbon or no-carbon power to more people in more places, day and night, providing our customers and communities with options to buy, manage and use energy as part of their decarbonization mission. The race is on to confront the climate crisis and Constellation is ready to meet the challenge. Come join us as we lead energy, together.
TOTAL REWARDS
Constellation offers a wide range of benefits and rewards, designed to help our employees thrive professionally and personally. In addition to highly competitive salaries, we offer a bonus program, 401(k) with company match, employee stock purchase program comprehensive medical, dental and vision benefits, including a robust wellness program paid time off for vacation, holidays and sick days and much more.
Expected salary range of $157,500 to $175,000, varies based on experience, along with comprehensive benefits package that includes bonus and 401(k).
PRIMARY PURPOSE OF POSITION
Exelon is seeking a candidate for an Originator position who will be working in the Origination Group developing and managing a wholesale power marketing portfolio with a variable operating margin of approximately $9 Billion. This role will be responsible for developing and executing structured wholesale power contracts and associated commodity contracts. Key activities would include hedging portfolio risk, identification and execution of proprietary and arbitrage transactions, support of asset acquisitions and development, and driving evolution of North American market structures. The successful candidates will have experience in PJM, ERCOT, SPP and/or MISO, have the ability for significant overnight travel and possess strong interpersonal and communication skills
PRIMARY DUTIES AND ACCOUNTABILITIES
- Develop transactional opportunities in accordance with the company's strategies and manage relationships with existing and potential counterparties
- Negotiate all financial and operational terms of structured transactions
- Develop, analyze and negotiate opportunities including complex and innovative physical and financial structures supporting negotiations for GenCo and Corporate acquisitions and development activities as related to the wholesale portfolio
- Develop and implement strategies for driving power marketplace structures and regulations
- Develop and implement transmission strategies related to structured transactions
MINIMUM QUALIFICATIONS
- Undergraduate degree required with preferred concentration in technical or business-related area or equivalent experience
- Minimum 10 years of transactional experience
- Self-motivated to achieve success in a rapidly evolving environment
- Demonstrates knowledge of significant aspects of the wholesale electricity business especially in trading/transactions
- Wholesale transactional experience
- Strong analytical skills
- Transactional experience in either an RTO or control area
- Knowledge of North American regional market infrastructure
- Demonstrates strong capabilities in: negotiating complex terms of structured wholesale transactions and acquisitions, financial analysis of structured wholesale transactions and acquisitions
- Challenged within a results-oriented team environment
- Excellent interpersonal and communication skills, including written and verbal
- Strong computer skills, including knowledge and proficiency in Microsoft Office Suite Products
- Ability for overnight significant travel
PREFERRED QUALIFICATIONS
MBA