Director of Asset Management - ERCOT West

What You Can Expect

The Director of Asset Management – ERCOT West is the Profit and Loss (P&L) owner of several Wind, Solar, and Battery storages assets. The goal of the Director is to develop and foster best practices in terms of Asset Management as well as a collaborative work with internal and external stakeholders as well as centers of expertise to ensure maximization of profitability across our fleet.

• Asset Management
  • Lead Asset Managers:
  • Responsible for the management of ENGIE’s assets with the main goal to maximize our risk adjusted return
  • Management of overall P&L and cash positions
  • Review, negotiate, or amend contracts to improve asset performance and mitigate risks. Scope of contracts under management include Power Purchase Agreements (PPAs), Landowner agreements, Service agreements, Asset Optimization agreements, and others
  • Technical aspects of each asset and coordinate with Operations to maximize site performance through performance evaluation (liaising with Operations and Performance Analysis)
  • Initiatives to improve asset operational and financial performance and protect long-term value
  • Ensure that project budgets are developed with prudent understanding and assumptions of revenue sources, expenses, and capital expenditures
  • Ensure that our assets operate in full compliance with market rules and all agreements
• Leadership
  • Promote an inclusive and empowered culture within the team
  • Lead team members in providing direction, guidance, and support in their growth
  • Develop and foster stakeholder relationships both internally and externally with peers, counterparties, and stakeholders
  • Provide constructive feedback enabling team members to grow in their career and foster continuous improvement of skills and performance
  • Ensure appropriate level of prioritization to have team members focused on the essential while maintaining work-life balance
• Organization
  • Shape the organization by developing and deploying new processes, systems, and tools to further industrialize the activity towards efficiency and value creation according to current growth
  • Leverage internal expertise, amongst others: operations, trading/energy management, accounting, treasury, FP&A, Legal, and Power marketing to achieve high quality deliverables and ensure appropriate experts are capable to answer in an efficient manner to stakeholder needs
  • Act as a bridge-builder to leverage the best of our vertically integrated organization to achieve superior value creation through the asset lifecycle
  • Ensure activity and information transparency to have all our departments at the right level of knowledge/understanding to be efficient in their role

What You’ll Bring

• Bachelors’ degree (Finance, Engineering, Environmental, Business Administration or Economics)
• Minimum of 10 years’ relevant work experience
• Broad experience in all aspects of the power industry with a demonstrated understanding of power plant operations and economics
• Experienced team leader with a focus on P&L management, renewables asset management, and team development
• Strong interpersonal skills and ability to work in a team-based environment
• Detail-oriented individual who will work proactively to pursue value creation
• Highly capable of working constructively and maintaining good relationships with internal and external parties
• Understanding of:
• Renewables’ financials models: Tax equity, Cash equity, and Debt
• Partnership agreements (LLCAs,)
• Asset contractual arrangements (power purchase agreements, long term service agreements, easement agreements, asset management agreements)
• Excellent verbal and written communication skills and high level of attention to detail

Additional Details

• This role is eligible for our hybrid work policy
• Must be available to travel domestically up to 20% of the time and with the need for some overnight trips
• Must be willing and able to comply with all ENGIE ethics and safety policies

Compensation

Salary Range: $166,900 – $255,070 USD annually

This represents the average expected pay range for a qualified candidate.

Actual offered salary may depend on geography, experience, industry knowledge, education, internal pay alignment, or other bona fide factors.

ENGIE complies with all federal, state, and local minimum wage laws. Actual salary offered may vary depending on geography, experience, education, internal pay alignment, or other bona fide factors. 

In addition to base pay, this position is eligible for a competitive bonus / incentive plan.

Your Talent Acquisition Partner can share more specific information regarding the benefits or the salary for the position based on the work location.

At ENGIE, we take your well-being seriously. Our comprehensive benefits package includes options for medical, dental, vision, life insurance, employer-paid short-term and long-term disability insurance, ESPP, generous paid time off including wellness days, holidays and leave programs. We also help you plan for retirement by offering a 401(k) Retirement Savings Plan with a company match.  But that's not all – we're dedicated to the health and happiness of your entire family, offering supplemental benefits for full time employees that enhance emotional and physical well-being through all stages of life from family forming to caregiver benefits. Explore our benefits package to see how we can support you. Learn more.

Why ENGIE?

ENGIE North America isn’t just participating in the Zero-Carbon Transition, we’re leading it!  Join us as we develop energy that is renewable, efficient, and accessible to everyone.  

At ENGIE, our goal is to support, promote, and thrive on diversity, equity, and inclusion.  We do so for the benefit of our employees, customers, products and services, and community.  ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an equitable and inclusive environment for all employees.

We are committed to providing employees with a work environment free of discrimination and harassment.  All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.

If you need assistance with this application or a reasonable accommodation due to a disability, you may contact us at ENGIENA-ENGIEHR@engie.com. This email address is reserved for individuals with disabilities in need of assistance and is not a means of inquiry regarding positions or application status.

We are unable to sponsor or take over sponsorship of an employment visa for this role at any time.

The safety of our employees is our number one priority. All employees at ENGIE have both a duty and the authority to STOP WORK if unsafe acts are observed.