Head of Origination

About Commonwealth Fusion Systems:

Commonwealth Fusion Systems is on a mission to deliver the urgent transition to fusion energy.

Combining decades of research top talent and new technologies were designing and building commercially viable fusion power plants. And were working with policymakers suppliers and many others to build the energy industry of the future.

Were in the best position to make it happen. Since 2018 weve raised $4 billion of capital making us the largest and leading fusion company in the world.

Now were looking for more thinkers doers builders and makers to join us. People wholl bring new perspectives solve tough problems and thrive as part of a team.

If thats you and this role fits we want to hear from you.

Join the power movement as Head of Origination

Commercial fusion energy is the holy grail for providing limitless clean firm energy that is safe secure and
ultimately affordable. And while this power is not yet available today CFS is working every day to try to pull
that fusion future forward focusing first on our SPARC demonstration plant outside Boston and then our ARCfusion power plants the first of which is expected to be online in the early 2030s.

The Director of Origination will take a leading role in identifying engaging with and executing customer and partnership strategies and deals for those future ARC power plants. You will lead the commercializationmarket entry and structured contracting playing an active role in transforming how this new form of cleanresilient power gets contracted and deployed.

In this role you will define and execute our commercial origination strategy. Reporting to the Head of Power
Business you will lead energy customer development and secure long-term offtake agreementsbuilding
and translating our pipeline into committed contracts capital and bankable assets. You will be on the front line of engaging with these customers and partners working creatively and partnering closely with project development finance legal and engineering to craft negotiate and secure these commercial agreements. You will serve as a key leader of the commercial team driving the deployment of clean safe and abundantfusion energy.

What youll do:

• Lead the origination structuring negotiation and execution of long-term power purchaseagreements (PPAs) tolling arrangements environmental product contracts and capacitycontracts for ARC fusion power plants
• Develop and maintain strategic relationships with key anchor customers including regulatedand municipal utilities electric cooperatives hyperscalers industrial off-takers andgovernment agencies
• Formulate and implement the overall wholesale and retail origination strategy to securecontracted revenue streams that support project financing and long-term business objectives
• Provide commercial leadership during utility procurement processes competitivesolicitations bilateral negotiations and RFP responses
• Collaborate cross-functionally with internal stakeholdersincluding project developmentfinance legal external affairs and engineeringto ensure alignment between customerneeds project economics and deployment strategy
• Build mentor and manage a high-performing team of origination professionals fostering aculture of excellence creativity extreme ownership and continuous improvement
• Design and implement innovative contract structures that allow us to effectively engage withearly adopters while mitigating the contractual risks in deployment of these novel fusionpower plants
• Identify high-value power markets RTOs and favorable regulatory frameworks in which wecan execute attractive deals and partnerships
• Monitor energy market trends resource plans and regulatory developments across NorthAmerican RTOs/ISOs to identify new contracting opportunities and inform market entry plans
• Develop and own the commercial framework for project opportunities analyzing market data assessing risks and presenting strategic recommendations to executive leadership
• Represent CFS at industry events customer meetings and strategic forums as a subjectmatter expert and ambassador for fusion energy
• Oversee post-execution lifecycle management ensuring rigorous compliance withcontractual obligations while nurturing long-term strategic partnerships to maintainoperational excellence and corporate good standing
• Ability to facilitate or source creativesolutions and approaches to equitablyshare risk between parties
• Prioritize multiple projects and/or issues with conflicting deadlines and/or business unit drivers
• Demonstrate a reliable and persistent work ethic seeing tasks through to completion. Stays determined in the faceof uncertainty and failure
• Adaptability to a start-up environment capability to take initiative develop own tasks and timelines and solve broad ambiguous problems
• Comfort and capability making judgmentcalls that are fundamental to the successof entire projects or major initiatives
• Proven writing and communicationability and consistent quality of workappropriate for preparing material for a
  broad external audience
• Can respectfully challenge seniorleadership with a well-reasoned anddata-supported argument

What were looking for:

• Bachelors Degree preferably in Engineering Engineering Technologies Business Finance Economics Math Physics or a related field OR > 10 years of progressive energy industry experience with at least 5 years specifically leading power origination structured energy sales or power marketing
• Proven track record of originating and closing large-scale long-term power purchase agreements (PPAs) tolling agreements environmental product contracts or capacity contracts
• Deep technical understanding of North American wholesale power markets RTO/ISO market rules transmission dynamics and commercial risk allocation
• Established network of executive contacts across utilities corporate/hyperscaler procurement teams and wholesale counterparties
• Strong financial acumen with direct experience working alongside project finance teams to ensure contract bankability and acceptable risk-adjusted returns
• Superior negotiation presentation and communication skills with a track record of presenting to C-suite executives and investment committees
• Entrepreneurial mindset with the ability to thrive in a high-growth environment and turn broad ambiguous opportunities into executed deals

Bonus points for:

• Masters degree MBA or advanced technical degree preferred
• Understanding of Global wholesale power markets
• Experience with clean baseload power first-of-a-kind (FOAK) technologies energy storage or infrastructure
• Demonstrated experience managing basis risk (nodal vs. zonal pricing splits) shape risk and congestion/line-loss settlement mechanisms
• Knowledge of advanced decarbonization procurement standards such as hourly24/7 Carbon-Free Energy (CFE) matching and tax credit transferability (e.g. IRA PTC and ITC mechanics).
• Familiarity with complex utility retail tariffs standby charges and wheeling arrangements.
• Familiarity with federal energy procurement pathways tax equity structures or M&A-driven origination
• Ability to travel up to 40% for customer meetings site visits and industry conferences

Must-have requirements:

• Perform activities such as typing standing and sitting for extended periods of time
• Willingness to occasionally travel or work required nights/weekends/on-call - this position will require up to 25% travel (day-trip & overnight)
• Work in a facility that contains industrial hazards including heat cold noise fumes strong magnets lead (Pb) high voltage high current pressure systems and cryogenics

$170000 - $250000 a year

Salary range for this full-time position equity benefits . The actual salary will depend on level location qualifications and experience. The range displayed on each job posting reflects new hire salaries for the position across all US locations.

Benefits include:

Competitive compensation with equity

13 Company-wide Holidays

Flexible vacation days

10 sick days

Generous parental leave policy

Health dental and vision insurance

401(k) with employer matching

Professional growth opportunities

Team-building activities

#LI-Remote

At CFS we excel in fast-paced environments driven by our values of integrity execution impact and self-critique. As we grow were eager to bring on mission-driven folks who offer diverse perspectives and fresh ways to tackle challenges.

We value diversity deeply and are proud to be an equal opportunity employer by choice. We consider all qualified applicants equally regardless of race color national origin ancestry citizenship status protected veteran status religion physical or mental disability marital status sex sexual orientation gender identity or expression age or any other basis protected by law.

This role requires compliance with U.S. laws concerning the export of controlled or protected technologies or information (collectively Export Control Laws). Any offer of employment will be contingent on the need for compliance with such Export Control Laws.

Required Experience:

Director