Location
Baltimore, MD | United States
Job description
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
Constellation 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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