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Dir Regulatory Strat & Srvcs

Location: WASHINGTON, DC, United States
Organization: PHI Service Company
Job ID: 254852
Remote Work: Hybrid Remote
Date Posted: Oct 7, 2024

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Job Description

Description

We're powering a cleaner, brighter future.

Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.

We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 19,000 colleagues strong serving more than 10 million customers at six energy companies -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).

In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.

Are you in?

PRIMARY PURPOSE OF POSITION

Develop, manage, and direct the activities of the Regulatory Affairs & Regulatory Strategies group. Develop and enhance PHI’s regulatory relationship with the Commission, its Staff and Stakeholders in the District of Columbia and Maryland. Plan and direct the identification, evaluation, and analysis of strategic policy options for PHI’s electricity distribution business that create maximum customer and shareholder value. Act as a key regulatory resource to all the other business units of PHI on regulatory matters, strategies, and policies.

Position may be required to work extended hours for coverage during storms or other energy delivery emergencies.


PRIMARY DUTIES AND ACCOUNTABILITIES

  • Plan and direct the identification, evaluation, and analysis of strategic policy options for PHI’s distribution business using analytical skills and an in-depth working knowledge of legal, regulatory and financial concepts and standards unique to the industry.
  • Manage the Company's anticipation of and response to regulatory issues, coordinating across all PHI business units. Proactively communicate with other PHI business units on regulatory issues relating to their portions of the business.
  • Develop and enhance PHI’s regulatory relationship with the Commission, its Staff and Stakeholders in a manner that facilitates PHI’s strategic and business objectives in the District of Columbia and Maryland.
  • Plan, manage and direct the activities of the Regulatory Affairs & Regulatory Strategies group.  
  • Manage PHI’s prevention of and handling of formal customer complaints lodged with the Commissions.


JOB SCOPE

This position has a direct impact on the successful development and implementation of PHI’s strategic initiatives, with a direct impact on its customers and the Company. The director manages up to 3 direct reports and additional indirect reports.

Qualifications

MINIMUM QUALIFICATIONS

  • BS or BA degree in business, economics, or other related discipline.
  • Twelve or more years’ experience in the retail rate, regulatory, financial, strategic planning, marketing, or economic analysis areas. 
  • In lieu of degree, 15-20 years of relevant experience.
  • Excellent written and oral communication skills are required to represent the Company internally and externally and to testify on behalf of the Company before the Commission.
  • Must possess highly effective interpersonal skills to interface with members of the Commission.
  • Excellent analytical skills and creative thinking skills are required to direct and oversee activities related to evaluation of strategic options.
  • Must possess broad understanding of Company strategy and business practices, the workings of the wholesale and retail electricity markets as well as the federal and General regulatory landscape.
  • Must possess working knowledge of the District of Columbia and Maryland commissions and its regulations that are applicable to electric utilities.
  • Ability to direct the work activities of others.
  • Demonstrated knowledge of principles of management, finance, budgeting, and supervision.
  • 5 years of supervisory experience.


PREFERRED QUALIFICATIONS

  • Advanced degree in Business, Economics or Law highly desirable
  • Strong ability to strategically assess, coordinate and oversee regulatory activities on emergent technologies that support climate and clean energy goals.



Benefits
  • Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors: $176,000-$264,000
  • Annual bonus and incentive pay up to 30% plus an additional $50,000 annually for eligible positions
  • 401(k) match and annual company contribution
  • Medical, Dental and Vision Insurance
  • Life and disability insurance
  • Generous paid time off, including vacation, floating and fixed holidays and sick time
  • Maternity leave as well as paid bonding/primary caregiver leave or parental leave for the birth or adoption of a child or to care for an ill family member, as applicable (eligibility based on position)
  • Long Term Incentive Plan for eligible positions
  • Wellbeing programs such as tuition reimbursement, adoption assistance and fitness reimbursement
  • Referral bonus program
  • And much more
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