Asset Manager - Ld/Sr-Ren

Avangrid Portland , OR 97228

Posted 2 weeks ago


The Asset Management group is focused on protecting and enhancing the value of assets while maintaining compliance with contractual commitments, market rules, environmental regulations, and applicable permits, laws, and ordinances. The focus of an Asset Manager ensuring that each asset's financial interests, capabilities, and commitments are factored into decision making by internal and external stakeholders. A typical Asset Manager will have responsibility for 7 to 10 assets, typically concentrated in multiple markets. Asset Managers work closely with a wide range of internal departments that perform the day-to-day operation and financial optimization of the assets, including Operations, Energy Management, Generation Control Systems, the National Control Center, Origination, Market Structure, Engineering, Permitting, Development and Construction. Asset Managers also interface heavily with support groups such as Accounting, Settlements, Risk Management, Legal, and Credit. Asset Managers also engage with external stakeholders, including customers, landowners, regulators and RTOs/ISOs.


  • Delivering presentations and concepts in a clear and concise manner to senior management and various other internal and external stakeholders.

  • Independently managing complex issues and transactions, including the review and challenge of new PPA terms and amendments, landowner issue resolution, and the coordination of high-risk environmental and permitting issues.

  • Playing a strong role in litigation activity, the financial analysis of ongoing operations including cost-benefit analysis, and the development of asset bidding strategies.

  • Anticipating the impact of changes in market rules and regulations on an ongoing basis and proactively managing risk with appropriate stakeholders.

  • Managing communication with counterparties with respect to compliance requirements stated in contracts or proposed contract amendments.

  • Ensuring contractual compliance with Power Purchase Agreements, environmental directives, and RTO/ISO requirements are being fulfilled in a timely and accurate manner.

  • Analyzing revenue impacts and pursuing financial recovery opportunities associated with outages, turbine warranty agreements, and capital improvements.

  • Coordinating certain activities related to sites under construction, including test energy production, substantial completion milestones, and commercial operation declaration.

  • Monitoring and reporting on asset specific financials at the EBITDA level.

Additional Responsibilities

Contributing information and support for various activities related to assets in operation, including new commercial transactions, operational improvement initiatives, merger and acquisition activity, legal issues, or significant market rule changes in regional transmission organizations.

Skills and Requirements

  • 5+ years of successful U.S. energy industry experience in any of the following areas or in other similar and applicable areas: Asset Management, Development, Origination, Construction, Operations, Energy Management, Risk, Accounting or Finance. The company may consider a candidate with less experience at a lower level.

  • Bachelor's degree or the equivalent combination of education and experience.

  • Excellent project management skills coupled with organization, flexibility, and strong attention to detail.

  • Strong ability to review and analyze financial and technical data.

  • Strong proficiency with Microsoft Office (Excel, Word, PowerPoint and Outlook).

Preferred Qualifications

  • Experience working with renewable energy.

  • Experience in WECC and/or ERCOT markets

  • Candidates with international work experience or experience working in a global organization.

  • An advanced degree.

Additional Success factors

  • Ability to navigate and succeed in a highly matrixed reporting structure, preferably at an international company.

  • Self-starter with demonstrated performance leading initiatives and building consensus at all levels of a matrixed global organization.

  • Ability to foster and participate in a productive team environment by establishing and maintaining effective working relationships with co-workers, managers, customers, contractors, and vendors

  • Ability to efficiently manage multiple, concurrent, time-sensitive projects and priorities.

  • Effectively provides and receives information orally in individual and group situations. Written expression is clear, concise, and conveys the desired message.


  • Develop Self & Others

  • Empower to grow

  • Collaborate and Share

  • Be a role model

  • Focus to achieve results

  • Be agile

AVANGRID employees may be assigned a system emergency role and in the event of a system emergency, may be required to work outside of their regular schedule/job duties.

AVANGRID's employment practices and policies are geared to hiring a diverse workforce and sustaining an inclusive culture. At AVANGRID we provide fair and equal employment and advancement opportunities for all employees and candidates regardless of race, color, religion, national origin, gender, sexual orientation, age, marital status, disability, protected veteran status or any other status protected by federal, state, or local law. Learn more about equal employment by following this link

If you are an individual with a disability or a disabled veteran who is unable to use our online tool to search for or to apply for jobs, you may request a reasonable accommodation by contacting our Human Resources department at 203-499-2777 or

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Senior Asset Manager

Eagle Point Companies

Posted Yesterday

VIEW JOBS 4/1/2020 8:05:43 PM 2020-06-30T20:05 <p><strong>At Eagle Point Companies, the Senior Asset Manager is responsible for monitoring and measuring the financial performance of Low-Income Housing Tax Credit investment assets to optimize value for investor and developer partners. The Senior Asset Manager (“SAM”) position is an opportunity to work with an established and dynamic real estate development business unit based in South Portland, Maine.</strong></p> <p><strong>The SAM oversees a 2,100-unit portfolio of Low-Income Housing Tax Credit (LIHTC) and project-based Section 8 multi-family properties across 7 states as relationship manager and problem solver.</strong></p> <p><strong>The SAM reports directly to the CEO. The SAM will perform financial analysis; conduct site visits and work closely with property management to ensure long-term viability of the LIHTC asset. In addition, the SAM will work with the CEO on special projects to renegotiate financials arrangements among partners and lenders.</strong></p> <p><strong>What does your day to day look like?</strong></p> <ul> <li>Overseeing a portfolio of stabilized LIHTC properties.</li> <li>Identifying properties with operational issues, investigating causes and facilitating problem resolution; working to resolve issues through collaboration with property managers, lenders, and governmental/regulatory entities.</li> <li>Conducting site visits.</li> <li>Reviewing year-end financial audits for respective LIHTC partnerships.</li> <li>Monitoring reserve balances and overseeing requests for release of replacement and operating reserves.</li> <li>Preparing reports to partners and ensuring implementation of actions to correct problems.</li> <li>Meeting with and responding to investor and lender issues and inquiries as needed.</li> <li>Ability to understand underwriting, debt structures, loan agreements and limited partnership agreements.</li> </ul> <p><strong>Requirements</strong>:</p> <ul> <li>3-5 years’ experience in affordable multi-family housing as an asset manager with stabilized and/or special assets portfolio.</li> <li>College degree</li> <li>Experience in LIHTC recommended.</li> <li>Ability to travel 10% of the time</li> <li>Candidate must have financial analysis skills.</li> <li>Proactive, ability to multi-task and work in a fast pace environment.</li> <li>Excellent communication and organizational skills.</li> <li>Ability to work independently and travel as necessary to sites</li> </ul> <p><strong>You will stand out if you have:</strong></p> <ul> <li>BA/BS degree in real estate, accounting, business, finance, engineering/architecture or urban planning</li> <li>Advanced degree in similar or related field is a plus; agency internships or work experience with affordable housing syndicators / investment companies a major plus</li> <li>Knowledge of multi-family real estate operations, including property management; marketing and leasing; budgeting; capital needs planning; financial reporting and compliance with financing covenants or regulatory agreements preferred.</li> <li>Knowledge of affordable housing/tax credit program a major plus Must have strong computer skills and thorough knowledge of Outlook, MS Word and Excel.</li> </ul> Eagle Point Companies South Portland ME

Asset Manager - Ld/Sr-Ren