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Section Manager - Commodity Operations Hedging

Con Edison

Section Manager – Commodity Operations Hedging Job Info Job Identification 8392 Job Category Mgr/Supv Posting Date 05/28/2026, 11:31 AM Locations 4 Irving Pl Headquarters Apply Before 06/09/2026, 03:59 AM Job Schedule Full time Job Shift Regular Minimum Salary $145,000.00 Maximum Salary $195,000.00 About Us 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. We are dedicated to supporting the physical, mental, and financial health of our employees and their families. This commitment extends beyond the workplace to foster personal growth and holistic wellbeing. Our life-changing rewards package includes: Health Savings Accounts Health Care and Dependent Care Flexible Spending Accounts 401(k) with robust matching Employee Stock Purchase Plan with a generous matching contribution State of the art Employee Assistance Program Generous paid time off plus paid holidays Family support: emergency backup child, & elder care assistance Social responsibility and volunteer opportunities Employee discount program Culture of growth and learning: career development; tuition reimbursement; recognition program Life and Long-Term Disability Benefits Please be aware that some benefits may not apply to provisional or part-time job titles. Job Description The Section Manager will oversee various functions related to electricity and gas hedging. The Hedging group is a part of Commodity Operations and is responsible for providing and hedging reliable and economic fuel and energy products including supply and capacity, for the Companys gas, electric and steam full service customers in a manner consistent with regulatory goals for achieving a competitive energy market; and to participate in policy initiatives that are pivotal to the energy industry. The selected candidate must have excellent communication skills as well as strong analytical and computer skills. Must be well organized and detail oriented. Must be able to critically think and help shape new programs. Must have experience leading teams. Must have experience creating and presenting PowerPoint slide decks to Executive Leadership. Must have the ability to interact effectively with counterparties, internal partners, support staff, regulators, and various levels of management. Responsibilities Core Responsibilities Lead and manage a team responsible for executing energy, capacity, and fuel hedging strategies for CECONY and O&R in accordance with approved Hedge Plans and Manuals. Provide direction, coaching, and performance management for team members, ensuring alignment with organizational goals and development of technical expertise in commodity markets and hedging practices. Oversee development and execution of short- and long-term supply strategies, including the 10-Year Electricity Supply Plan and Electricity/Gas Hedge Plans. Direct procurement activities for physical and financial energy, capacity, and environmental products (e.g., RGGI, RECs, CSAPR), including RFPs and online auction processes. Guide market analysis efforts, ensuring continuous monitoring of wholesale electricity, natural gas, and financial commodity markets, and integrating insights into procurement and hedging strategies. Ensure team compliance with all regulatory and environmental requirements (e.g., NYISO, PSC, NYSERDA, NERC, SOX, CLCPA, NJ RPS, RGGI), maintaining audit-ready documentation and supporting internal/external audits. Oversee financial and operational analysis, including position reporting, mark‑to‑market, true‑ups, volatility assessments, and long-range planning support. Manage the development and enhancement of databases, models, and reporting tools, prioritizing improvements that drive efficiency and analytical capability. Review and approve reports, presentations, regulatory filings, and expert testimony to support rate cases and other proceedings. Act as a senior representative and decision‑maker, collaborating with internal leadership, regulators, suppliers, and industry groups on strategic and cross‑functional initiatives. Qualifications Required Education/Experience Bachelor's Degree and a minimum of 8 years of work experience Master's Degree and a minimum of 6 years of work experience Relevant Work Experience Experience developing and troubleshooting Excel worksheets is required. Strong analytical and computer skills, particularly with Excel is required. Experience in creating and presenting PowerPoint slides is required. Supervisory/Manager experience leading teams in informal settings is preferred. Licenses and Certifications Driver's License Required Additional Physical Demands The selected candidate will be assigned a System Emergency Assignment (i.e., an emergency response role) and will be expected to work non‑business hours during emergencies, which may include nights, weekends, and holidays. EQUAL OPPORTUNITY EMPLOYER EEO Statement: 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. #J-18808-Ljbffr

Vacancy posted more than 2 months ago

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