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The Investment Strategy Associate Engineer supports Central Engineering in advancing asset management practices and enhancing operational efficiency, with a focus on minimizing customer costs. The role is responsible for supporting the Transmission Probabilistic Reliability Assessment (TPRA) model and collaborating with subject matter experts on analytical evaluations and related technical analyses. These efforts contribute to the development and execution of the long-term capital strategy and investment portfolio for Central Operations. Primary areas of focus include data analytics, probabilistic model development and programming, project portfolio optimization, engineering design evaluation, economic assessment, and the development of sound, business-driven investment justifications.

This position does not provide employment pursuant to the terms of a STEM OPT Training Plan.

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.

Benefits:

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:

• Rich medical & pharmacy benefits, including vision benefits
• Dental benefits
• Health Savings Accounts
• Health Care and Dependent Care Flexible Spending Accounts
• 401(k) with robust matching
• Employer paid Pension Plan
• Employee Stock Purchase Plan with a generous matching contribution
• State of the art Employee Assistance Program
• Paid Parental Leave
• Generous paid time off plus paid holidays
• Family support: emergency backup child, & elder care assistance
• Social responsibility and volunteer opportunities
• Employee discount program
• Commuter Benefits
• 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.

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.

Technical Difficulty Statement:

For technical issues, please contact us at careerconnect@coned.com

• Bachelor's Degree in Engineering, Math, Computer Science or applicable areas and two (2) years of experience to include one (1) year of engineering work experience in the fields of electrical and computer engineering, computer programming, asset management, utility operations, economic analysis or risk modeling, or
• Master's Degree in Engineering, Math, Computer Science or applicable areas and two (2) years of experience to include one (1) year of engineering work experience in the fields of electrical and computer engineering, computer programming, asset management, utility operations, economic analysis or risk modeling.

• Demonstrate a high level of initiative and professionalism, promoting a positive work ethic aligned with Corporate Values, required.
• Exhibit strong analytical capabilities, including proficiency in statistical analysis, sound decision-making, and effective verbal and written communication, with the ability to develop and deliver presentations, required.
• Collaborate effectively across cross-functional teams and departments to support organizational objectives, required.
• Maintain proficiency in relevant technical tools and programming languages, including C#, Python, MS Access/SQL and Microsoft Office applications, required.
• Apply strong financial and analytical acumen, including experience in collecting, analyzing, and interpreting complex data sets, required.
• Utilize advanced data analytics tools and programming languages such as Excel, Python, R, and SQL to support business analytics, preferred.
• Leverage relevant technical experience with electric power systems, including substation and transmission infrastructure, energy storage systems, project management, and construction, preferred.

• Demonstrated time management and priority setting skills
• Demonstrated problem solving skills
• Ability to work within tight timeframes and meet strict deadlines
• Strong written and verbal communication skills

• Driver's License Required

• Ability to respond to system emergencies
• Able to work in all weather conditions, i.e. excessive heat and/or cold
• Ability to work with, and in, the vicinity of high voltage and/or other high-energy systems
• Ability to travel to company locations to work on storm restoration and heat contingencies
• Wear necessary Personal Protective Equipment (PPE), i.e. fire-retardant clothing and safety harnesses
• Use personal vehicle(s), and be able to transport, store, and secure company laptops and other job-related equipment in vehicle. Acknowledge that reimbursement for use of personal vehicle is available through the company mileage procedure

• 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.

• Support the management and maintenance of the Transmission Probabilistic Reliability Assessment (TPRA) model and associated risk analyses.
• Identify and evaluate business needs to inform investment strategies supporting Central Operations objectives.
• Contribute to risk-based recommendations for asset replacement, overhaul, and maintenance across transmission and substation systems.
• Analyze diverse datasets to enhance planning methodologies and support data-driven decision-making.
• Apply knowledge of bulk power system operations, including transmission and substation equipment, to inform technical analyses.
• Perform data analytics, cost-benefit evaluations, and economic assessments to support infrastructure investment decisions.
• Prepare clear, concise business cases for capital projects and programs within Central Operations.
• Define engineering scope, review design plans, and support development of project concepts and cost estimates to evaluate alternatives.
• Collaborate with engineering, project management, and operations teams to identify equipment issues and capital investment needs.
• Support development of 5-year and 10-year capital plans, including asset performance metrics and forecasting inputs.
• Partner with internal stakeholders and consultants to enhance probabilistic modeling capabilities and economic evaluations.
• Support regulatory filings and rate case activities by providing analytical input, documentation, and related support.