Project Manager, CET Electric Transmission - Business Development

Job Info

Jun 1, 2021


Posting Expiration Date: Aug 31, 2021

Schedule Type: Full-Time

Organization: Electric Transmission

Department: Business Development

Section: CE TRANS Business Development

Location: NY-New York-4 Irving Pl Headquarters

Job Description

Mission Statement

  • Consolidated Edison Company of New York, Inc. (Con Edison), Orange & Rockland Utilities (O&R), and Consolidated Edison Transmission (CET) employees are required to follow health, safety, and environmental policies, EEO, Standards of Business Conduct, and all other applicable company policy and procedures. We all share a responsibility to advance the company’s mission by excelling at our three corporate priorities – safety of our people and the public, operational excellence in all that we do, and ensuring the best possible customer experience.

Core Responsibilities

  • Con Edison Transmission (CET) is a regulated subsidiary of CEI which owns and develops electric transmission assets, natural gas pipeline and storage 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 MISO regions. The Project Manager of Business Development will manage project development from the bid development stage through the initial development phase, including 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 such opportunities. The Project Manager must be capable of designing and executing detailed project 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, special projects, and assignments as needed to support CET's business plans and objectives.
  • Work with partners and industry participants to develop potential electric transmission opportunities.
  • Analyze industry developments that impact CET's current and potential investments, including commodity market fundamentals and regulatory & legislative developments.
  • 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.
  • Conduct financial analysis to determine rates and project economics for current and potential investments. Understanding of revenue requirements modeling over project lifetime is needed.
  • Supervise Analyst(s) in support of projects and tasks to achieve CET's strategic objectives.
  • For projects in the construction phase, work with partners on oversight, cost management, and project management of investments during the construction phase.
  • 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.

Required Education/Experience

  • Bachelor's Degree with a minimum of 8 years relevant work experience assessment and financial modeling of investment opportunities Or
  • Master's Degree with a minimum of 6 years relevant work experience experience with development of infrastructure projects

Required Work Experience

  • Analytical skills and commodity/resource and/or financial modeling. Required
  • Project management of deliverables from multiple types of customers. Required
  • Ability to multi-task, work independently, exercise discretion, and maintain confidentiality. Required
  • Excellent communication skills. Required
  • Prior experience in energy infrastructure, energy commodity markets, energy policy and regulatory affairs, finance, accounting or related department is preferred. Pref

Licenses & Certifications

  • Driver's License Required

Other Physical Demands

  • Must be able and willing to travel domestically and internationally, as needed.
  • Must be able to perform field visits.

Technical Difficulty Statement

Equal Opportunity Employer

  • Consolidated Edison Company of New York, Inc. (Con Edison), Orange & Rockland Utilities (O&R), and Consolidated Edison Transmission (CET) are equal opportunity employers. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of the individual’s actual or perceived disability, protected veteran status, race, color, creed, religion, sex, age, national origin, gender, gender identity, gender expression, genetic information, marital status, sexual orientation, citizenship, domestic violence victim status, or any other actual or perceived status protected by law.