Job DescriptionCapital Project Delivery (CPD) is seeking is seeking a Project Manager of Business Development in the Con Edison Transmission (CET) Electric Transmission organization responsible for the evaluation and development of potential transmission development opportunities throughout the Northeast. The Manager of Business Development will manage projects from origination through development, including creating work plans, developing business and financial models, managing internal and external subject matter experts, navigating electric transmission projects through complicated regulatory and permitting processes. The position also includes structuring business development partnerships that meet CETs needs as well as the needs of our partners and presenting opportunities to executives for evaluation and review.
ResponsibilitiesCore Responsibilities- Con Edison Transmission (CET) is a regulated subsidiary of CEI which owns and develops electric transmission assets. CET is currently working on multiple opportunities to grow its electric transmission portfolio. The Project Manager, Business Development in Electric Transmission is responsible for evaluation of potential investment opportunities, focused on New England, New York, PJM and interregional opportunities in the Northeast USA. The Project Manager of Business Development will manage project development from the solution origination stage through the initial development phase. This includes creating work plans, developing business and financial models, managing internal and external subject matter experts, and navigating electric transmission projects through complicated regulatory and permitting processes. The Project Manager will be responsible for negotiating contracts with partners and customers and communicating the details of potential business opportunities to CET and CET leadership for evaluation. Lastly, they will help the organization achieve its overall strategic growth objectives.
- The Project Manager will be responsible for specific projects related to business development, investment assessment, partnership structure, and management oversight of electric transmission projects and investment opportunities. The Project Manager may also be called upon to review and evaluate potential M&A opportunities, as well as project manage due diligence and transaction execution for such opportunities. The Project Manager must be capable of designing and executing detailed work plans for the development phase, including managing multiple teams of internal and external subject matter experts.
- The Project Manager will be expected to be able to clearly and succinctly present their analytical results, suggested deal structures, and opportunities for improvement. They will also be expected to represent CET in negotiating situations with other parties, with the guidance of senior management.
- The Project Manager should be team-oriented and is expected to support other CET initiatives, regulatory position development and advocacy, marketing, special projects, and assignments as needed to support CETs business plans and objectives.
- Work with partners and industry participants to develop potential electric transmission opportunities.
- Analyze industry developments that impact CETs current and potential investments, including commodity market fundamentals and regulatory & legislative developments. Monitor NYISO, PJM and ISONE by attending and participating in various stakeholder/industry meetings and events.
- Ability to evaluate and understand commodity and resource modeling, including the impact of new transmission projects.
- Coordinate with internal and external subject matter experts to evaluate feasibility and constructibility of projects through the permitting phase.
- Provide review of financial analysis to determine rates and project economics for current and potential investments. Understanding of revenue requirements modeling over project lifetime is needed.
- Supervise and mentor Analyst(s) and consultants in support of projects and tasks to achieve CETs strategic objectives.
- For projects in the construction phase, work with partners on oversight, cost management, and project management of investments.
- Participate in enterprise risk management activities to help CET understand rising or falling risks and to appropriately mitigate those risks.
- Meet regularly with CET and CEI leadership to communicate the details and status of active projects.
- Travel is required primarily as part of project development including to identify potential projects for development as well as to meet with partners and potential partners, as appropriate.
QualificationsRequired Education/Experience- Bachelor's Degree and a minimum of 8 years relevant work experience with the assessment and financial modeling of investment opportunities or
- Master's Degree and a minimum of 6 years relevant work experience with the development of infrastructure projects
Relevant Work Experience- Prior experience in energy infrastructure, energy commodity markets, energy policy and regulatory affairs, finance, accounting or related department, preferred Preferred
- Analytical skills and commodity/resource and/or financial modeling, required
- Project management of deliverables from multiple types of customers, required
- Have the ability to multi-task, work independently, exercise discretion, and maintain confidentiality, required
- Have excellent communication skills, required
Licenses and Certifications- Driver's License Required
Additional Physical Demands- The selected candidate will be assigned a System Emergency Assignment (i.e., an emergency response role) and will be expected to work non-business hours during emergencies, which may include nights, weekends, and holidays.
- Must be able and willing to travel domestically and internationally, as needed.
- Must be able to perform field visits.
Benefits:We are dedicated to supporting the physical, mental, and financial health of our employees and their families. This commitment extends beyond the workplace to foster personal growth and holistic wellbeing. Our life-changing rewards package includes:
- Rich medical & pharmacy benefits, including vision benefits
- Dental benefits
- Health Savings Accounts
- Health Care and Dependent Care Flexible Spending Accounts
- 401(k) with robust matching
- Employer paid Pension Plan
- Employee Stock Purchase Plan with a generous matching contribution
- State of the art Employee Assistance Program
- Paid Parental Leave
- Generous paid time off plus paid holidays
- Family support: emergency backup child, & elder care assistance
- Social responsibility and volunteer opportunities
- Employee discount program
- Commuter Benefits
- Culture of growth and learning: career development; tuition reimbursement; recognition program
- Life and Long-Term Disability Benefits
*Please be aware that some benefits may not apply to provisional or part-time job titles.
