Dir Reg Strategy & Rev Policy

About the role

The Director of Regulatory Strategy and Revenue Policy leads the Regulatory Strategy and Revenue Policy team, providing strategic direction for regulatory activities in Pennsylvania and for PECO transmission policy and rate matters in Washington, D.C. The position oversees a team of 7 employees, including 2 managerial direct reports, and is responsible for developing and implementing strategies to obtain $4.38 billion in annual electric and gas revenues for PECO Energy.

Responsibilities

• Develop and implement strategies to obtain $4.38 billion in annual electric and gas revenues for PECO Energy in Pennsylvania, including $800 million in annual stranded cost recovery, $300-400 million in annual purchased gas costs, and over $150 million in electric transmission revenues.
• Provide strategic direction and leadership to the Regulatory Strategy and Revenue Policy team for all activities regarding Revenue Policy & Analysis and Regulatory Strategy for PECO Energy that achieve Exelon's Corporate goals.
• Develop optimal Exelon approach to enhancing and maximizing Exelon's revenues through the development of strategic direction in the regulatory environment while maintaining a consistent external position for Exelon.
• Develop new sources of revenue through new tariff development as well as utilization and interpretation of existing electric and gas tariffs to generate new revenues in the tens to hundreds of millions of dollars.
• Provide leadership and strategic direction for revenue retention, electric and gas rate case development, execution and implementation to meet and enhance EED and Exelon's financial goals.
• Represent the Company in litigated proceedings as an expert witness. Review and present testimony and undergo cross-examination as Company expert witness for rate cases and other related filings with the state regulatory body.
• Provide strategic support to legislative policy development and implementation in order to effectuate Exelon and PECO's Energy's business issues that are impacted by legislative activity.

Requirements

Undergraduate degree in Business, Accounting, or Engineering. Masters Degree in Business Administration or Law (J.D.). Minimum 12 years experience in energy industry. At least Ten (10) years experience in managing in a changing business environment. At least Five (5) years experience in managing in a deregulated market environment. Proven ability to develop solutions to resolve complex financial and regulatory issues involving tens of millions to hundreds of millions of dollars annually. Demonstrated complex negotiation skills necessary to resolve issues of significant financial impact and image to the Corporation. Demonstrated ability to build consensus, establish trust, communicate effectively among external and internal stakeholders to maximize solutions to complex regulatory and financial issues. Demonstrated detailed knowledge of corporate tariffs, PUC regulations, revenue requirements, and risk management. Ability to develop numerous business and political relationships with legislators, regulators, and other parties that impact our business. Demonstrated leadership ability in a high performance culture. Demonstrated ability to foster culture change and implement performance management. Demonstrated project management skills.5 years of supervisory experience.

Qualifications

Minimum Qualifications: Undergraduate degree in Business, Accounting, or Engineering. Masters Degree in Business Administration or Law (J.D.). Minimum 12 years experience in energy industry. At least Ten (10) years experience in managing in a changing business environment. At least Five (5) years experience in managing in a deregulated market environment. Proven ability to develop solutions to resolve complex financial and regulatory issues involving tens of millions to hundreds of millions of dollars annually. Demonstrated complex negotiation skills necessary to resolve issues of significant financial impact and image to the Corporation. Demonstrated ability to build consensus, establish trust, communicate effectively among external and internal stakeholders to maximize solutions to complex regulatory and financial issues. Demonstrated detailed knowledge of corporate tariffs, PUC regulations, revenue requirements, and risk management. Ability to develop numerous business and political relationships with legislators, regulators, and other parties that impact our business. Demonstrated leadership ability in a high performance culture. Demonstrated ability to foster culture change and implement performance management. Demonstrated project management skills.5 years of supervisory experience.

Skills

Proven ability to develop solutions to resolve complex financial and regulatory issues involving tens of millions to hundreds of millions of dollars annually. Demonstrated complex negotiation skills necessary to resolve issues of significant financial impact and image to the Corporation. Demonstrated ability to build consensus, establish trust, communicate effectively among external and internal stakeholders to maximize solutions to complex regulatory and financial issues. Demonstrated detailed knowledge of corporate tariffs, PUC regulations, revenue requirements, and risk management. Ability to develop numerous business and political relationships with legislators, regulators, and other parties that impact our business. Demonstrated leadership ability in a high performance culture. Demonstrated ability to foster culture change and implement performance management. Demonstrated project management skills.

Benefits

Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $181,600.00/Yr. – $249,700.00/Yr. plus an additional $50K in Long Term Incentive Plan annuallyAnnual Bonus for eligible positions: 30% 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.