Assistant General Counsel - Compensation and Benefits

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, 20,000 colleagues strong serving more than 10.7 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).

We're committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive.

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:

A senior lawyer who is a highly qualified attorney handling complex legal matters and projects on behalf of the Company relating to employee benefit and executive compensation matters.

 

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 Philadelphia - PA, Baltimore - MD, Chicago - IL or Washington -DC office.

Primary Duties:

• Performs as a specialist in employee benefits and executive compensation law and provides technical and expert legal services to Exelon business units.
• Under minimal supervision, plans, conducts and supervises large and highly complex legal assignments; evaluates both legal and business risks and advises clients, accordingly; represents Exelon as the subject matter expert in M&A transactions, contract negotiations, audits, litigation and other relevant matters.
• Provide legal advice for Exelon’s employee benefit plans and compensation programs, including defined benefit pension, defined contribution retirement, non-qualified (SERP and deferred compensation), health and welfare, long and short-term incentive, and severance.
• Draft and review plan and program documents, summary plan descriptions, and employee communications.
• Counsel ERISA plan fiduciaries, including conducting fiduciary training.
• Advise on ERISA claims and appeals.
• Subject matter expertise in ERISA, HIPAA, COBRA, ACA, Mental Health Parity, 409A, and related laws.
• Prepares, and revises as necessary, budgets and early matter assessments for all matters involving outside counsel.
• Provides lead direction and/or project leadership direction to less experienced attorneys and support staff.
• Projects / duties as assigned.

Job Scope:

• Supports more senior attorneys in the ongoing management of relationships and matters with Exelon Operating Companies/Business Units and outside counsel.
• Demonstrates superior legal judgment in the business context.
• Demonstrates innovation; generates new ideas and devises original and successful solutions, programs or actions.

Minimum Qualifications:

• An LLB or JD from an accredited law school and be licensed to practice law in the relevant jurisdictions.
•  At least 7 to 10 years of professional experience with a minimum of 5 years of experience in Employee Benefits and Executive Compensation law.
• Possesses and applies a comprehensive knowledge of principles, practices and procedures of the legal field to the completion of complex assignments.
• Requires excellent legal research, analytical abilities and on ongoing knowledge of federal or state law.
• Must have the ability to communicate clearly – both orally and in writing; to read and analyze legal materials and other data; to work in stressful conditions under time deadlines.

Benefits:

• Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $167,200.00/Yr. – $229,900.00/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.