Sr Asset Management Associate
Chicago, IL - USA
Job Summary
RWE Americas LLC
To start as soon as possible full time permanent
Functional area: Operations & Maintenance
Remuneration: Exempt
RWE Americas is a leading player in the renewable energy sector committed to driving sustainable solutions for a cleaner future. As we continue to expand our portfolio of renewable energy projects we are seeking a highly skilled and motivated Senior Asset Management Associateto join our dynamic team.
RWE Americas Asset Management team takes accountability for the commercial success of a >12 GW portfolio of renewable energy assets. Through the close collaboration with Operations & Maintenance and various Financial stakeholders the team drives tactical and strategic initiatives optimizing the performance of all assets.
Role Responsibilities:
- The Sr. Associate will assist the Asset Manager in driving the profitability of wind solar and battery storage assets by analyzing operational and financial performance and identifying the causes for underperformance
- The Sr. Associate will also support the development and execution of cost-reduction or performance optimization strategies
- Asset Performance Optimization: Monitor asset KPIs and perform perform trend analysis to detect performance issues investigate underperformance and develop and implement strategies to maximize the operational performance of renewable energy assets; manage technical issues to ensure strategies are fully analyzed and appropriate solutions developed and implemented
- Financial Management: Assist in the budgeting forecasting and asset-level financials to identifiy opportunities and risk
- Contract Management: Manage select vendor/service provider relationships and assist in contract alignment reviews
- Reporting: Provide detailed reporting and insights to internal stakeholders on operational and financial performance
- Regulatory Compliance: Stay abreast of relevant regulations and ensure compliance with regulatory obligations (i.e. local state and federal including environmental permits) and internal governance processes.
- Process Improvements: Implement and continuously improve local asset management systems and processes consistent with organizational policies and standards
- Cross Functional Collaboration: Coordinate across departments to resolve asset-level issues communicate clearly with cross-functional parteners presents findings in meetings with Asset Manager supervision. Establish collaborative relationships with key support departments such as Operations Engineering HSSE Procurement and Controlling
Job Requirements and Experience:
- Bachelors degree in Business Finance Engineering or a related field and/or 2 additional years of comparable work experience; Masters degree or professional certification is a plus
- Minimum 3 years proven experience in the renewable energy sector
- Asset Management Operations or Controlling experience is highly desirable
- Experience in asset management and/or technical expertise in the renewable energy industry
- Familiarity with relevant regulatory frameworks and compliance requirements (esp. PJM MISO)
- Applies operational financial and contractual knowledge to drive asset performance
- Understands key KPIs and data resources
- Investigates root causes of asset issues using trend analysis
- Recommends standard corrective actions
- Coorrdinates across departments to resolve asset-level issues
- Presents findings in meetings with moderate supervision
- Owns performance tracking for a set of assets or region
- Strong financial modeling and analytical skills
- Strong commercial acumen and entrepreneurial mindset with the ability to translate technical findings into commercial implications
- Strong organization skills and ability to coordinate multiple tasks and deliverables and meet deadlines
- Strong interpersonal skills with ability to manage internal/external relationships
- Excellent proficiency with Microsoft Office (Excel Word PowerPoint Outlook) and Teams
- Strong leadership and communication skills
- Ability to work independently and as part of a team
- Motivated self-starter goal-oriented and strong problem-solving abilities
- Proven ability to empathize build relationships and effectively communicate with people from a diverse set of backgrounds
- Detail-oriented and has a sound understanding of business concepts
- This position is an office-based role with some travel and visits to other RWE Americas offices and field locations
- Must be able to sit walk or stand for long durations of time
Applicants must be legally authorized to work in the United States. RWE Americasis unable to sponsor or take over sponsorship of employment visas at this time.
Pay range: The annual base salary range for this position in Illinois is $91000 - $130000. The listed salary range represents our good faith estimate for this position and represents the range for new hire salaries across all U.S locations. Please note that the salary information is a general guideline only. RWE considers factors such as (but not limited to) scope and responsibilities of the position candidates education & work experience training & certifications and key skills as well as market and business considerations at the time of the offer.
Benefits offered:Medical Dental Vision Life Insurance Short-Term Disability Long-Term Disability 401(k) match Flexible Spending Accounts EAP Education Assistance Parental Leave Paid time off and Holidays. Eligible employees also participate in short-term incentives in addition to salary.
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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.
RWE Americas a subsidiary of RWE is a US-based energy company that is helping to meet the growing demand for energy across the United States. Backed by RWEs 125-year global legacy of managing diverse power assets RWE Americas operates approximately 13 GW of power projects across 27 a talented workforce of 2000 employees RWE Americas develops constructs and operateswind solar and battery storage projects that safely deliver affordable reliable electricity to our customers. Committed to responsible development RWE Americas invests in local and rural communities creating jobs and partnering with stakeholders to support and strengthen the places where we live and work. Learn more about how RWE Americas is generating impact .
At RWE Americas we foster a culture defined by our Essential Behaviors Have Courage Create Impact and Actively Collaborate. We encourage bold thinking and continuous learning and we value ownership resilience and inclusion in everything we do. When you join us you become part of a team that supports your development respects your contributions and celebrates shared success. This is a place where you can grow your career and make a meaningful difference.
Required Experience:
Senior IC
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