Exelon Corporation

Sr Regulatory Specialist (Regulatory Strategy)-Oakbrook Terrace. IL

Exelon Corporation • $84K — $116K *
Chicago, IL 60629In-Person
Energy & Utilities
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in a quantitative field or 6-9 years of relevant experience in lieu of a degree.
  • 5+ years of experience within electric and/or gas utility sectors, focusing on regulatory, rates, accounting, or strategic planning.
  • Strong analytical skills with a focus on compliance and strategic policy development.
  • Experience preparing regulatory filings and engaging in data analysis related to utility operations.
  • Ability to communicate effectively with cross-functional teams and external regulatory bodies.

Responsibilities

  • Evaluate and analyze business issues affected by state and federal regulations.
  • Support development of comprehensive business plans for executive decision-making.
  • Administer records management initiatives to ensure regulatory compliance.
  • Assist with data analysis for regulatory filings and audits to facilitate cost recovery.
  • Research and prepare written and oral reports on quantitative analyses for management.
  • Provide backup support during regulatory hearings and audits, ensuring compliance with outcomes.
  • Engage with various internal departments to ensure consistent regulatory support and strategy alignment.

Benefits

  • 401(k) match and annual company contributions
  • Comprehensive medical, dental, and vision insurance
  • Life and disability insurance coverage
  • Generous paid time off, including vacation and parental leave
  • Access to Employee Assistance Programs for mental health support
  • Wellbeing programs like tuition reimbursement and fitness reimbursement
  • Referral bonus program and other employee incentives
Full Job Description
Primary Purpose

Regulatory Strategies & Solutions
  • Evaluate and analyze business and strategic issues that are impacted by the state and federal regulatory and legislative environment as directed by management. Support development of quantitative and/or qualitative analyses to formulate comprehensive business plans in support of executive management decision-making. Act as an expert resource in working with other ComEd personnel to achieve favorable resolution of issues. Provide consultation to other functional areas within the Company to ensure actions are consistent with long-term strategies and are in compliance with current regulation.

Primary Duties

  • Accountability Regulatory Policy
  • Administer the company's records and information management and commitments tracking initiatives to ensure the company adheres to internal and external requirements. Provide guidance and support to the business on best practices for tracking, storage, retention, retrieval and destruction of physical records and documents consistent with corporate policy, state and federal regulatory requirements, and other agency guidelines. Support best practices in commitment tracking reporting, documentation and maintenance and records and information management. Provide support for compliance to any data privacy and data sharing policy and/or program (75%)
  • Assist with data analysis for specific segments of regulatory filings and/or audits. Prepare analysis for strategic options to facilitate timely cost recovery through the generation of regulated revenue. Provide data and supporting analyses in the development of rate filings, including responses to information requests. (35%)
  • Assist with accounting, tax, financial, economic and other quantitative and qualitative analyses of regulatory matters. Responsibilities include research, analysis, monitoring and the preparation of appropriate written and oral reports for management (25%)
  • Provide data and support for the preparation of written testimony, regulatory audits and post-filing implementation requirement activities. (20%)
  • Support and monitor regulatory hearings, proceedings and meetings. Assist in the analyses of accounting and financial impacts on the company of potential outcomes. Assist with preparation of appropriate reports to management identifying issues and suggesting appropriate actions to address issues raised by commission decisions and rule making.Regulatory Compliance (20%)
  • Provide support to the other functions within Regulatory Compliance.Provide support to the Regulatory Policy & Strategy business unit as emerging projects and issues arise. (100%)

Job Scope

  • Regulatory Policy
  • This position has a direct impact on the utility's ability to successfully implement its regulatory strategy for revenue generation, cost recovery and earnings protection.
  • The position has significant internal interrelationships. Key internal relationships include regulatory, finance, accounting, treasury, and legal, as well as other operational and support groups within ComEd and Exelon Business Services Company. The position requires an ability to work effectively in cross-functional teams to provide support for various company initiatives. In addition, the individual is regularly called upon to provide data and analyses to company personnel with regards to complex regulatory issues.
  • The position requires that it be a trusted and reliable conduit of information to, and feedback from, the regulatory areas that impact the Company. In doing so, the position may interface with regulatory staff and external consultants requiring cooperation, tact, diplomacy and excellent judgment to further the company's credibility, image and business objectives.
  • Work is complex in nature, and involves both technical and creative skills and an attention to detail, in order to quickly assimilate and implement new regulatory concepts under tight time constraints. At certain points in time, the position requires extended hours to prepare regulatory filings.
  • Generally operates with minimal supervision.
  • Regulatory Compliance
  • This position has a direct impact on the utility's ability to successfully implement its regulatory compliance strategy.
  • The position will interact with virtually every department within ComEd. It will also work regularly with the Office of Corporate Governance within Exelon Business Services Company. The position requires an ability to work effectively in cross-functional teams to provide support for various compliance initiatives.
  • The position requires that it be a trusted and reliable conduit of information to, and feedback from, the compliance areas that impact the Company. In doing so, the position may interface with regulatory staff and external consultants requiring cooperation, tact, diplomacy and excellent judgment to further the company's credibility, image and business objectives.

Minimum Qualifications

  • BS or BA in a quantitative field such as Business, Economics, Finance, Accounting or Engineering, OR in lieu of bachelor's degree, 6-9 years of related business experience.
  • Five or more years electric and/or gas utility experience, primarily in the regulatory, rates, accounting, financial, or strategic planning areas.

Preferred Qualifications

BA or BS in any relevant field

Advanced degree in Accounting, Finance, Business, Economics, Law, or Public Policy;

Seven or more years of utility experience with five or more years' experience with regulatory filings.

Benefits

  • Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors: $84,800.00/Yr. - $116,600.00/Yr.
  • Annual Bonus for eligible positions: 15%
  • 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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