Vice President – Head of Asset Management

Posted 2 days ago

This is a fully remote position, open to applicants in United States.

📋 Description

• Enhance the long-term performance and financial returns of the company’s renewable energy operating portfolio.

• Monitor portfolio-wide energy production, availability, and performance ratio metrics against established baselines.

• Oversee relationships with third-party O&M service providers, ensuring performance accountability, SLA adherence, and contract compliance.

• Direct the planning of corrective and preventive maintenance, manage outage coordination, and enhance equipment reliability programs.

• Execute remote monitoring and SCADA-driven performance analytics to detect and rectify underperformance issues.

• Lead the development of the annual O&M budget and implement cost control measures across the operational fleet.

• Ensure compliance with PPA contracts and oversee revenue metering, billing, and settlement processes.

• Spearhead battery storage dispatch optimization and revenue stacking strategies.

• Manage curtailment tracking, utility/ISO dispute resolution, and strategies for curtailment mitigation.

• Identify and seek out participation opportunities in grid services.

• Coordinate merchant revenue management and hedging strategies for uncontracted assets.

• Take ownership of operating expense budgets and initiatives focused on cost reduction.

• Prepare comprehensive reporting packages for project lenders, tax equity partners, and offtakers.

• Ensure compliance with lender covenants, including DSCR, insurance obligations, and reserve accounts.

• Oversee warranty management, insurance claims, and planning for major maintenance reserves.

• Assist with diligence requests and annual audits from tax equity and financing partners.

• Manage the transition from construction to operations, ensuring receipt of as-built documentation, O&M manuals, and warranty registrations.

• Lead planning efforts for repowering, equipment upgrades, and initiatives aimed at extending asset life.

• Oversee decommissioning planning and ensure compliance with bond/security obligations.

• Support M&A diligence activities through technical and operational assessments.

• Ensure adherence to NERC standards, FERC reporting requirements, and utility tariffs.

• Manage property tax appeals and compliance with real estate obligations.

• Supervise environmental compliance obligations for operational assets.

• Coordinate regulatory filings, compliance with interconnection agreements, and renewal of permits.

• Direct asset management information systems, performance databases, and reporting platforms.

• Promote the adoption of predictive analytics and machine learning for enhanced performance forecasting and maintenance optimization.

• Ensure data integrity across metering, SCADA, and financial reporting systems.


⛳️ Requirements

• A minimum of 12 years of experience in renewable energy operations, asset management, or power project management.

• At least 5 years in a senior asset management position with direct responsibility for operating portfolios exceeding 500 MW.

• Proven track record in managing third-party O&M providers and handling project-level financial reporting.

• Direct experience with project finance structures, lender reporting obligations, and tax equity partnership requirements.

• Strong understanding of solar PV and BESS performance metrics, degradation modeling, and operational benchmarking.

• In-depth expertise in power market operations, ISO settlement processes, and ancillary service markets.

• Familiarity with SCADA systems, asset management platforms (such as PowerFactors, Greenbyte, Locus Energy), and PI historians.

• Proficient in financial modeling, budget management, and operating performance reporting.

• A Bachelor’s degree in Engineering, Finance, Business, or a related field is required.

• Experience with BESS operations and dispatch optimization in ISO/RTO markets.

• Background in NERC compliance and utility-scale generation operations.

• Experience managing portfolios across various ISO/RTO markets (ERCOT, CAISO, PJM, MISO, etc.).

• Strong commercial acumen with a comprehensive understanding of the intersection between technical performance and financial returns.

• Exceptional stakeholder management skills with lenders, investors, offtakers, and utility counterparts.

• An analytical and data-driven approach to managing portfolio performance.

• A collaborative partner to Construction, Engineering, Finance, and Legal teams.


🏝️ Benefits

• Competitive salary and performance-based incentives.

• Comprehensive health, dental, and vision insurance plans.

• Generous paid time off and holidays.

• Opportunities for professional development and continuous learning.

• Flexible work arrangements to promote work-life balance.

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