Director, Development & Commercial Execution

Exelon•Kennett Square, PA

8h•Hybrid

About The Position

The Director, Development & Commercial Execution leads projects beyond origination and bid submission or award through active project development and commercial execution. The role serves as the single point of accountability for project development, partner management, commercial negotiations, project advancement, and handoff to execution. It bridges development and project execution, coordinates across functions and operating companies, secures stakeholder alignment, facilitates timely decisions, escalates critical issues, and represents a unified Exelon Operations perspective with third-party partners. The role assesses risks and project impacts holistically and supports balanced outcomes for project success. It also helps align operating companies with changing market conditions, pricing trends, standards, and regional bidding practices as part of Exelon’s governance framework. The position works with a department comprising six units responsible for project management of projects and programs associated with the electric transmission grid. It reports to the VP Transmission Development and provides leadership for project development and commercial execution, working with existing partners on awarded projects and future opportunities. The role currently has no direct reports, but may add staff as the portfolio grows. It manages highly specialized work, participates in strategy and policy development, and oversees a multi-billion-dollar investment portfolio. This is a hybrid position requiring at least three in-office days per week, Tuesday through Thursday. The position must be based in Oakbrook Terrace or Chicago, Illinois; Philadelphia or Kennett Square, Pennsylvania; Baltimore, Maryland; or Washington, DC. Relocation assistance is available. Extended hours may be required during storms or other energy delivery emergencies.

Requirements

Bachelor’s degree in Engineering or a related field and at least 12 years of related work experience, including 10 years of functional or technical experience in work and/or project management, or an equivalent combination of formal education, training, and experience.
Knowledge of gas and electric systems, project management techniques, standard operating practices, and local governmental policies and restrictions.
Analytical and problem-solving skills, including the ability to make complex decisions regarding the use of millions of dollars.
Ability to manage multiple complex projects and a diverse mid-level leadership team and project management staff to deliver safe, quality results on schedule and within budget.
Ability to conduct a broad range of analyses, select appropriate techniques independently, interpret results, and make appropriate recommendations.
Ability to communicate and collaborate effectively and persuasively with leaders and employees at all organizational levels.
Team-building skills and ability to develop effective communications plans.
Ability to consult with business-area stakeholders to analyze business processes and problems and recommend solutions.
Ability to develop and manage complex budgets, track trends, identify gaps, and correct deviations.
Ability to develop and evaluate moderately complex analyses of resources, budgets, and workload plans.
Availability to work extended hours during storms or other energy delivery emergencies.
At least 5 years of supervisory experience.
Experience with PJM, MISO, SPP, or other RTO/ISO processes.

Nice To Haves

PMP certification is recommended but not required.

Responsibilities

Serve as the single point of contact for external partners.
Coordinate technical meetings between third-party OEMs and contractors and internal utility subject-matter experts.
Organize utility subject-matter experts to address operational questions related to generation-resource construction and deployment.
Lead internal commercial-execution coordination and operations due diligence across utilities for generation development projects.
Understand the technical specifications of technology types and the interconnection of equipment onto utility systems.
Work with PJM or MISO on the DEA or equivalent designated entity agreement.
Establish processes for ongoing and future awarded projects, including LRP and incremental balance sheet matters, capital calls, and invoicing.
Coordinate supply selection for internal and competitive projects.
After project selection, help lead development of O&M agreements and other operating agreements.
Coordinate cross-functional work, build alignment among operating companies and stakeholders, support rapid decisions, and escalate critical issues.
Assess project risks and impacts and support balanced outcomes for project success.
Help ensure operating companies align with evolving market conditions, pricing trends, standards, and bidding practices across regions.
Provide leadership for project development and commercial execution, including work with partners on awarded projects and future opportunities.
Participate in developing strategy and policy and oversee work associated with a multi-billion-dollar investment portfolio.

Benefits

Annual salary range of $188,800 to $259,600, plus an additional $50,000 annually in a Long Term Incentive Plan.
Annual bonus of 30% for eligible positions.
401(k) match and annual company contribution.
Medical, dental, and vision insurance.
Life and disability insurance.
Paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave, and bonding/primary caregiver or parental leave.
Employee Assistance Program and resources for mental and emotional support.
Wellbeing programs, including tuition reimbursement, adoption and surrogacy assistance, and fitness reimbursement.
Referral bonus program.
Relocation assistance.