Prin Quantitative Engineer

PECO•Malvern, PA

About The Position

The Quantitative Engineer leads initiatives to develop quantitative methodologies and provide quantitative analysis supporting engineering studies, plans, calculations, evaluations, design documents, integrated systems analysis, cost estimates, and budgets. This work supports research, planning, design, operation, and maintenance associated with Exelon Utilities’ strategic plans and initiatives. The role develops and maintains analytical models and methodologies to identify trends and predict outcomes, and explains modeling and results to management and senior leaders. The engineer monitors business needs, keeps abreast of energy-industry developments, and provides analysis and reports to address those needs. The position may require extended hours during storms or other energy-delivery emergencies. The role leads specialized quantitative analysis and engineering assignments, including critical or analytical engineering projects. It evaluates, develops, implements, and leads strategic and engineering projects with significant financial and operational impact. The Quantitative Engineer may work independently, lead multidisciplinary teams, serve as a subject-matter expert, provide expert opinions, recommend and implement performance and cost-effectiveness improvements, and train or guide others. The role also participates in department planning, budget recommendations, industry societies, and committees. Its work influences project decisions and company strategy, while applying technical knowledge to promote workplace safety and customer satisfaction.

Requirements

  • Graduate degree (MS or above) or graduate-level work in a quantitative discipline, such as electrical engineering, industrial engineering, statistics, operations research, economics, computer science, data analytics, mathematics, or physics.
  • Ability to analyze and interpret complex electrical and mechanical systems and provide quantitative engineering analysis.
  • Knowledge of and ability to apply problem-solving approaches and engineering theory.
  • Knowledge of engineering designs, principles, and practices.
  • At least 8 years of professional engineering or quantitative analyst experience.
  • Thorough knowledge and experience in a unique area of engineering expertise.
  • Detailed knowledge of applicable standards, codes, methods, and practices specific to areas of expertise.
  • Ability to apply advanced engineering principles to identify and resolve complex issues.
  • Ability to apply technical knowledge to complex subjects and develop and execute complex technical proposals.
  • Experience articulating business questions and using mathematical techniques and available data to answer them, and translating analysis results into business recommendations.
  • Programming knowledge and skills in MATLAB, Python, R, C++, SQL, or VBA to develop and maintain models guiding company engineering activities.
  • At least three related career experiences in a quantitative and engineering discipline, defined as changes in technical job responsibilities that may or may not include a department change, or service as a lead member of a recognized industry committee.

Nice To Haves

  • Strong teamwork and interpersonal skills, with the ability to communicate with all management levels.
  • Strong written and oral communication skills.
  • Demonstrated industry leadership and a publication record in a quantitative or engineering discipline.
  • Demonstrated experience in complex, multiyear research and analysis efforts.
  • Demonstrated ability to extend an R&D background into practical solutions in a quantitative or engineering discipline.
  • Professional Engineer’s License issued by the state in which the candidate practices.
  • Advanced technical degree, MBA, or Project Management Certification.

Responsibilities

  • Lead and perform assignments in specialized areas requiring extensive quantitative analysis, research, and engineering expertise.
  • Lead and perform critical or analytical engineering projects; develop and maintain quantitative analytical models and methodologies to identify trends and predict outcomes; and explain models and results to management and senior leaders.
  • Evaluate, develop, implement, and lead strategic and engineering projects with significant financial and operational impact using quantitative analysis.
  • Participate in department planning, provide budget recommendations, and monitor performance against committed results.
  • Perform assignments independently and potentially lead multidisciplinary teams.
  • Serve as an expert in quantitative engineering.
  • Act as an expert witness or provide expert opinions as required.
  • Recommend and implement action plans to improve performance and cost effectiveness.
  • Provide training and/or guidance to others.
  • Participate in technical and industry societies and committees to stay informed about technologies and issues relevant to the company.
  • Monitor business needs and energy-industry developments and provide analysis and reports to meet those needs.
  • Apply technical knowledge to promote a safe work environment and enhance customer satisfaction.

Benefits

  • Annual bonus for eligible positions: 20%.
  • 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.
  • Competitive compensation and incentives.
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