Exelon Corporation

Mgr Real Estate

Exelon Corporation • $113K — $156K *
Philadelphia, PA 19120In-Person
Real Estate & Construction
5 - 7 years of experience
5 days ago
Job Overview by Ladders

Qualifications

  • Bachelor's Degree with 7-10 years of relevant real estate experience or 9-12 years of utility-specific experience without a degree.
  • Comprehensive understanding of real estate closing procedures and documentation.
  • Outstanding negotiation and strong analytical skills.
  • Proficient performance management skills with success in supervisory roles.
  • Demonstrated ability to achieve business goals and deliver effective solutions
  • Skilful in building consensus and fostering cultural change within teams.
  • Strong business acumen with customer awareness and value creation capability.

Responsibilities

  • Manage performance of Senior Real Estate Representatives and Real Estate Representatives.
  • Oversee allocation of staff resources and prioritization of projects in line with strategic goals.
  • Provide transactional support to direct reports as needed.
  • Cultivate relationships with business units and regulatory bodies for real estate acquisitions.
  • Develop and monitor budgets for transactions and team projects.
  • Stay updated on industry trends to improve acquisition processes.
  • Lead efforts to maintain a diverse and safe work environment.

Benefits

  • 401(k) match and annual company contribution
  • Medical, dental and vision insurance
  • Life and disability insurance
  • Generous paid time off options including maternity and parental leave
  • Employee Assistance Program for mental health support
  • Wellbeing programs such as tuition reimbursement and fitness programs
  • Referral bonus program.
Full Job Description
Primary Purpose

PRIMARY PURPOSE OF POSITION
Manages processes for executing transactions involving the acquisition, infrastructure leasing, sale or leasing of real property rights in accordance with strategy and planning goals and the department's annual business plan. Manages activities associated with the execution of property acquisitions infrastructure leasing, sale or leasing of real property rights. Supervises and manages the performance of Senior Real Estate Representatives and Real Estate Representatives responsible for executing property acquisition projects, infrastructure leasing, sale or leasing of real property rights. Exercises leadership in the area of safety and diversity and sustains a high level of employee commitment among staff. Position may be required to work extended hours for coverage during storms or other energy delivery emergencies.

Primary Duties

PRIMARY DUTIES AND ACCOUNTABILITIES
  • Manages the performance of Senior Real Estate Representatives and Real Estate Representatives responsible for acquiring all of the land and rights of way required for Company operations. (20%)
  • Manages work of real estate acquisition, infrastructure leasing, sale or leasing of real property rights staff to ensure proper allocation of staff resources among assignments and prioritization of work in accordance with the Company's strategic acquisition plan; provides for staff training and career development. (10%)
  • Provides transactional support as required by direct reports. (10%)
  • Manages relationships with other business units, governmental/regulatory bodies, transportation agencies and railroads in connection with the execution of real estate acquisition matters. (10%)
  • Develops, establishes and monitors budgets and financial forecasts for transactions and team projects. (5%)
  • Remains current on trends and developments in the industry to ensure that processes for executing acquisitions appeals reflect best corporate real estate practices. (5%)
  • Exercises leadership to maintain a work environment that promotes diversity, safety and a high level of employee commitment. Supports the continued development of direct reports. (5%)
  • Manages the use of external resources to execute acquisition transactions. (10%)
  • Acts as an expert witness before state regulatory authorities when required for land acquisitions. (5%)
  • Supervises and performs contract negotiations and document preparation; reviews appraisals, environmental reports, engineering plans and title and property records; supervises and performs all other conveyance and closing activities for real estate acquisitions. (5%)
  • Reports regularly on the status of acquisitions to the Manager of Real Estate & Facilities. (10%)
  • Accountable for executing transactions on time and within budget. (5%)

Job Scope

JOB SCOPE
Accountable for the successful execution of transactions involving the acquisition of all land and land rights required for Company operations or infrastructure leasing, sale or leasing of real property rights. Effective leadership skills are essential to drive performance from team of real estate professionals. Position involves broad supervisory and management responsibilities for land acquisition functions or infrastructure leasing, sale or leasing of real property rights that are critical to the success of the Company's core transmission and distribution business. Requires effectiveness in supervising and evaluating the performance of real estate professionals both within and outside of the Department. Position requires exercise of independent judgment and entails responsibility for acquisition initiatives having significant budget impact.

Minimum Qualifications

MINIMUM QUALIFICATIONS
  • Bachelor's Degree and 7-10 years of accomplished real estate experience involving real estate transactions, contract negotiation, property valuation, market analysis, commercial development and finance with Real Estate license. In lieu of a Bachelor's Degree, 9-12 years of utility-specific real estate experience.
  • Thorough understanding of real estate closing procedures and documentation.
  • Exceptional negotiation skills and strong analytical and communication skills.
  • Effective performance management skills and demonstrated success as a supervisor or manager.
  • Demonstrated success in achieving challenging business goals, assuming leadership role and delivering effective solutions to business problems in a corporate setting.
  • Proven ability to build consensus, establish trust, communicate effectively and foster culture change.
  • Demonstrated business acumen, customer awareness and ability to create value.

Preferred Qualifications

PREFERRED QUALIFICATIONS
  • IRWA membership and experience is preferred 5+ years Experience managing and obtaining Rights of Way and Land Rights
  • Bachelor's Degree and 7-10 years of accomplished real estate experience involving real estate transactions, contract negotiation, property valuation, market analysis, commercial development and finance with Real Estate license. In lieu of a Bachelor's Degree, 9-12 years of utility-specific real estate experience.
  • Thorough understanding of real estate closing procedures and documentation.
  • Exceptional negotiation skills and strong analytical and communication skills.
  • Effective performance management skills and demonstrated success as a supervisor or manager.
  • Demonstrated success in achieving challenging business goals, assuming leadership role and delivering effective solutions to business problems in a corporate setting.
  • Proven ability to build consensus, establish trust, communicate effectively and foster culture change.
  • Demonstrated business acumen, customer awareness and ability to create value.
  • 3-5 years of supervisory experience.

Benefits

  • Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors: $113,600.00/Yr. - $156,200.00/Yr.
  • Annual Bonus for eligible positions: 20%
  • 401(k) match and annual company contribution
  • Medical, dental and vision insurance
  • Life and disability insurance
  • Generous 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 support
  • Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
  • Referral bonus program
  • And 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.

About Exelon Corporation

Exelon Corporation is an American energy producer, trader, and distributor. The company provides services for energy generation businesses in the United States. The company owns, contracts, and invests in electric generating facilities such as nuclear, fossil, and hydroelectric generation facilities, as well as wind and solar facilities. It is also involved in the wholesale and retail customer supply of electric and natural gas products and services including renewable energy products, risk management services, natural gas exploration, and production activities. In addition, the company is engaged in the purchase and regulated retail sale of electricity and the provision of distribution and transmission services in northern Illinois, southeastern Pennsylvania, and central Maryland. It is also involved in the purchase and regulated retail sale of natural gases and the provision of distribution services in the Pennsylvania counties surrounding the City of Philadelphia, as well as in central Maryland including the City of Baltimore. Exelon Corporation operates through nine segments: Mid-Atlantic, Midwest, New England, New York, ERCOT, other regions, ComEd, PECO, and BGE. It sells electricity, natural gases, and other related products and solutions to various customers including distribution utilities, municipalities, and cooperatives, as well as to commercial, industrial, governmental, and residential customers. Founded in 1887, Exelon Corporation is headquartered in Chicago, Illinois.

Exelon Corporation Careers

Join the dynamic team at Exelon Corporation, a leader in the energy industry, where innovation, leadership, and professional growth are at the forefront of our operations. As one of the largest electric utility companies in the United States, Exelon offers unparalleled job opportunities and a commitment to diversity and sustainability that sets us apart.

Work You’ll Do

At Exelon, we empower our employees to excel in their careers by fostering an environment of continuous innovation and growth. Our diverse team of professionals is dedicated to shaping the future of energy with cutting-edge technologies and sustainable practices.

Explore Career Paths

Whether you're a seasoned professional or a recent graduate, Exelon has a variety of career paths to suit your skills and ambitions. From engineering to customer service, each position offers the chance to make a significant impact.

Internship Programs

Kickstart your career with an Exelon internship. Our programs provide invaluable industry experience and a chance to network with leaders in the field. Interns at Exelon are crucial team members, working on projects that advance both their careers and our company’s goals.

Professional Development

Invest in your future with Exelon’s robust professional development programs. We offer leadership training, skills enhancement workshops, and continuous learning opportunities that promote career advancement and personal growth.

Benefits and Culture

Exelon is committed to providing a supportive work environment with benefits that enhance the lives of our employees and their families. Our culture is built on respect, integrity, and inclusion, where every team member’s contribution is valued.

Join Our Team

Discover the opportunities that await at Exelon Corporation. We are actively hiring and looking for talented individuals who are passionate about building a sustainable future.

Search Exelon Jobs

Find open positions that match your skills and interests. We seek curious, innovative, and solution-driven team players.

Prepare for Your Interview

Stand out in your interview with Exelon by tailoring your resume to highlight relevant experience and skills. Our hiring process is designed to identify and attract professionals who are ready to lead and inspire.

Stay Connected

Keep up to date with the latest at Exelon Corporation by following our careers blog. Gain insider perspectives and industry-leading insights that you can apply to your professional life.

Networking and Career Growth

At Exelon, your career development is enhanced by our commitment to networking and mentorship. Connect with colleagues and leaders who can help guide your career path and open doors to new opportunities.

Diversity and Inclusion

We pride ourselves on fostering an inclusive workplace where diverse perspectives are celebrated. Exelon’s commitment to diversity training ensures that all employees have the opportunity to thrive. Join Exelon Corporation today and be part of a team that is dedicated to innovation, leadership, and the future of energy. Explore job opportunities and embark on a rewarding career path that offers growth, stability, and a chance to make a difference.
Learn more about Exelon Corporation
Size
31,518 employees
Market Cap
$42.3 billion
Industry
Energy & Utilities
Net Income
$1.9 billion
Founded
2000
5 Year Trend
+3%
Revenue
$33 billion
NASDAQ
EXC
* Ladders Estimates

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