Prin Quantitative Engineer at Exelon

Lombard, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

13 May, 26

Salary

0.0

Posted On

12 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Quantitative Analysis, Model Development, Engineering Studies, Trend Identification, Outcome Prediction, Cost Estimation, Budgeting, Research, Planning, Design, Operation, Maintenance, MATLAB, Python, R, SQL

Industry

Utilities

Description

Who We Are 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 The Quantitative Engineer will lead initiatives on developing quantitative methodologies and providing quantitative analysis to support engineering studies, plans, calculations, evaluations, design documents, integrated systems analysis, cost estimates, budgets, associated with the research, planning, design, operation, and maintenance of Exelon Utilities' overall strategic plans and initiatives. The Quantitative Engineer will develop and maintain quantitative analytical models and methodologies to identify trends and predict outcomes, provide explanations of the modeling and its results to management and senior leaders. The person will be responsible of monitoring and responding to business needs by staying abreast of developments in the energy industry and provide analysis/reports to meet those needs. Position may be required to work extended hours for coverage during storms or other energy delivery emergencies. Note: This is a hybrid position (in-office with remote flexibility). Employees are required to be in office at least three days per week (Tuesday, Wednesday, and Thursday). This position must sit out of our Lombard - IL office. Primary Duties Leads and performs assignments in specialized areas requiring extensive quantitative analysis, research and engineering expertise. Leads and performs tasks associated with critical or analytical engineering projects, develop and maintain quantitative analytical models and methodologies to identify trends and predict outcomes, provide explanations of the modeling and its results to management and senior leaders. Evaluates, develops, implements and leads strategic and engineering projects that have significant financial and operational impact by applying quantitative analysis. Participates in department planning, provide budget recommendations and monitor performance for the accomplishment of committed results. Performs assignments while acting independently and may lead multi-discipline teams. Serves as an expert in the quantitative engineering area. Acts as an expert witness or provide expert opinions as required. Provides recommendations and implements action plans to improve performance and cost effectiveness. Provides training and/or guidance to others. Participates in technical and industry societies and committees to enhance knowledge of new technologies or issues in areas of company interest. Job Scope Influences project decisions and strategy having a significant impact on the company. Applies technical knowledge to help promote a safe work environment and to enhance customer satisfaction Minimum Qualifications Graduate degree (MS or above) or Graduate level work in quantitative discipline (e.g., electrical engineering, industrial engineering, statistics, operations research, economics, computer science, data analytics, mathematics, physics, etc.). Ability to analyze and interpret complex electrical and mechanical systems, and provide quantitative engineering analysis Knowledge and ability to apply problem solving approaches and engineering theory. Knowledge of engineering designs, principles and practices. 8+ years of professional engineering or quantitative analyst experience. Thorough knowledge and experience in unique areas of engineering expertise. Detailed knowledge of applicable standards, codes methods, and practices unique to areas of expertise. Ability to apply advanced engineering principles to identify and resolve complex issues. Technical applications of complex subjects Develops and executes complex technical proposals Experience articulating business questions and using mathematical techniques to arrive at an answer using available data. Experience translating analysis results into business recommendations. Draw on knowledge of programming in MATLAB, Python, R, C++, SQL, VBA skills to develop and maintain the models that guide the company's engineering activities. Minimum of three related career experiences (3) in quantitative and engineering discipline (i.e., changes in technical job responsibilities, which may or may not include a change in department) OR Lead Member of a recognized industry committee Preferred Qualifications Strong teamwork, interpersonal skills and the ability to communicate with all management levels. Strong written and oral communication skills. Demonstrated industry leadership & publication record (in quantitative/engineering discipline) Demonstrated experience in complex multi-year research and analysis efforts Demonstrated experience to expand R&D background to practical solutions (in quantitative/engineering discipline) Professional Engineer's License (1), advanced technical degree, MBA or Project Management Certification (1) License must be issued by the state in which you are practicing. (2) PE License reduces the OJT experience requirement by 1 year. (3) Career related experiences is defined as changes in technical job responsibilities and does not have to include a change in department Benefits Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $129,600.00/Yr. – $178,200.00/Yr. Annual Bonus for eligible positions: 20% 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.

Responsibilities

The Quantitative Engineer will lead initiatives to develop quantitative methodologies and provide analysis supporting engineering studies, plans, and strategic initiatives for Exelon Utilities. This role involves developing and maintaining analytical models to identify trends, predict outcomes, and explaining complex modeling results to management and senior leaders.