Sr Regulatory Specialist

3 weeks ago

Washington, United States Exelon Services, Inc. Full time

At Exelon, we've got a place for you

Join the nation's leading competitive energy provider, with one of the largest electricity generation portfolios and retail customer bases in the country. You will be part of a family of companies that strives for the highest standards of power generation, competitive energy sales, and energy delivery. Our team of outstanding professionals is focused on performance, thought leadership, innovation, and the power of ideas that come from a diverse and inclusive workforce.

Exelon will provide you the tools and resources you need to design, build and enhance a successful career. We are also dedicated to motivating the success of our employees through competitive base salary, incentives, and health and retirement benefits.

Join Exelon and share your passion at a forward-thinking Fortune 100 company. Establish yourself in a place where you can truly shine and create a brighter, more sustainable tomorrow. Energize your career at Exelon

PRIMARY PURPOSE OF POSITION

  • Act to provide data and analytical support for specific segments of regulatory filings and/or audits. The Operation Analysis & Strategy Team's function is to plan, coordinate, recommend and support strategies for timely development of filings, along with responding to informational and audit requests from internal and external parties.
  • Assist with research and analysis of financial issues associated with regulatory matters. Effectively communicate the analysis to appropriate management.
  • Apply critical analytical skills in the preparation of regulatory data filing requirements for rate case (distribution and transmission) proceedings. Assist in the development and drafting of witness testimony and prepare responses to discovery (data) requests of regulators and external parties.
  • Monitor regulatory hearings, proceedings and meetings (of PHI and other utilities). Prepare and analyze impacts of potential outcomes as requested.
Position may be required to work extended hours, including 24x7 coverage during storms or other emergencies.

PRIMARY DUTIES AND ACCOUNTABILITIES
  • 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.
  • 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
  • Provide data and support for the preparation of written testimony, regulatory audits and post-filing implementation requirement activities.
  • 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.

POSITION SCOPE
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.

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