Exelon Corporation

Sr Mgr, Real Estate & Facilities

Exelon Corporation • $139K — $191K *
Philadelphia, PA 19120In-Person
Real Estate & Construction
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business, Engineering, Architecture, or related field.
  • 10+ years in operations, business, or commercial real estate management.
  • Proven negotiation skills for complex real estate transactions.
  • Strong knowledge of facilities operations and property management.
  • Excellent analytical and communication skills.
  • Demonstrated leadership in achieving business goals and solving problems.
  • 3-5 years of supervisory experience.

Responsibilities

  • Manage all real estate transactions and facilities operations for the Utility.
  • Provide expertise in structuring and negotiating complex real estate deals.
  • Support direct reports in overcoming external barriers to achieve goals.
  • Ensure departmental business plan goals are met annually.
  • Interface with senior management to align real estate transactions with company operations.
  • Establish performance improvement measures for real estate and facilities operations.
  • Lead initiatives promoting diversity, safety, and employee commitment.

Benefits

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

PRIMARY PURPOSE OF POSITION
Manages all real estate transactional and facilities maintenance and operations functions for the Utility. Manages a business planning process and related programs and initiatives that (a) maximize the asset value of the Utility's real estate and facilities, reduces operating costs and upgrades the delivery of real estate and facilities services, (b) generates revenues through real estate sales, land leasing and infrastructure leasing programs, (c) provides for the procurement of property rights necessary for the Utility's operations and (d) provides for the day-to-day management of the Utility's buildings and facilities and manages the project portfolio to improve facilities. Leads a team of experienced and highly qualified real estate and facilities professionals responsible for the execution of real estate transactions and facilities operations. Manages internal and external resources and activities involved in the day-to-day operations of the Company's portfolio of occupied buildings and facilities. Directs the execution of facilities operations initiatives and programs. Reviews and recommends for approval to Senior Management all real estate transactions for the acquisition or disposition of land and infrastructure assets. 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
  • Provides transactional real estate and facilities management expertise and direction to direct reports, as needed for structuring and negotiating business terms of complex real estate transactions, and for the effective operation of facilities. (10%)
  • Provides day-to-day support as needed by direct reports to address political, regulatory and other external barriers to achieving goals. (10%)
  • Ensures that the annual goals specified by the department's business plan are met. (10%)
  • Interfaces with senior and key managers across the utility to ensure that real estate transactions and facilities supporting Company operations meet the expectations of internal stakeholders. (10%)
  • Establishes and monitors continuous performance improvement measures, to maximize effectiveness and minimize cost of real estate transactions and facilities operations. (10%)
  • Exercises leadership to maintain a work environment that promotes diversity, safety and a high level of employee commitment. (10%)
  • Manages and oversees work, budget, and performance of internal and external building operations and maintenance personnel. Balance cost control with appropriate building and maintenance services, cost and asset management needs. (5%)
  • Collaborates with RE&F Managers corporate wide to ensure that processes for executing real estate transactions and facilities management reflect best real estate and facilities management practices as well as establish common goals. (5%)
  • Manages use of outside resources • service providers, brokers, appraisers and other consultants • for real estate and facilities transactions. (5%)
  • Manages and oversees budgets and performance of real estate and facilities services. (5%)
  • Manages and oversees the implementation of short and long term operating initiatives designed to assure the delivery of high quality facilities management and transaction services to internal customers. (5%)
  • Manages and maintains an environment that fosters a high performance culture and a learning organization. Leads RE&F team in promoting diversity. Serves as a change agent for business initiatives and assures the human element is understood and considered. Assure timely recognition of employee contributions. (5%)
  • Works collaboratively with business units in connection with the execution of facilities operating initiatives and programs.

Job Scope

JOB SCOPE
Manages and directs up to 65 employees (direct and indirect reports). Manages departmental budgets. Manages all real estate and facilities management functions for the Utility consisting of land, facilities, rights of way and substations. Responsible for meeting all of the real estate and property management requirements of the Utility's transmission, distribution, and support services businesses. Assumes primary accountability to the Utility senior management for the success of all real estate and facilities business plans, programs and initiatives. Directly advises the Utility's senior management on all transactions anywhere within the Utility that involve the purchase, sale, leasing or development of real estate and facilities. Makes policy recommendations to the Utility's senior management concerning real estate related transaction and facility standards and facilitates corporate governance of these standards. Responsible for developing programs that upgrade the delivery of real estate and facilities services across the Utility based on adoption industry best practices. Exercises broad independent judgment and assumes a high level of accountability for the success of real estate and facilities initiatives and programs that establish the agenda for the Department's business plan. Position requires leadership, strategic planning, analytical skills, extensive management experience and keen business judgment.

Minimum Qualifications

MINIMUM QUALIFICATIONS
  • Bachelor's Degree with concentration in Business, Engineering, Architecture or related field.
  • At least 10 years of experience in operations, business, or, commercial and industrial real estate transactions and management or related areas.
  • In lieu of degree, 12-15 years of relevant experience.
  • Proven ability to negotiate complex real estate transactions and contracts
  • Knowledgeable of Facilities operations and /or Property Management
  • Strong analytical and communications skills.
  • Demonstrated success in achieving challenging business goals, assuming leadership role and delivering effective solutions to business problems in a corporate setting.
  • Effective performance management skills and demonstrated success as a supervisor or manager.
  • Proven ability to build consensus, establish trust, communicate effectively and foster culture change.
  • Demonstrated ability to implement continuous improvement and best practices,, customer awareness and ability to create value.
  • 3-5 years of supervisory experience.

Preferred Qualifications

PREFERRED QUALIFICATIONS

  • Hybrid work environment with the ability to come onsite 5 days a week
  • Must have personal vehicle with valid driver's license
  • Experience managing represented employees

Benefits

  • Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors: $139,200.00/Yr. - $191,400.00/Yr. plus an additional $25K in Long Term Incentive Plan annually.
  • Annual Bonus for eligible positions: 25%
  • 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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