Description POSITION DESCRIPTION: The Asset Performance and Value Assurance Manager is accountable for protecting and maximizing the economic value of third-party owned (TPO) assets once onboarded to the company's servicing platform. This role owns the end-to-end oversight of asset performance obligations and value realization mechanisms; performance guarantees (PeGu).
This position serves as the single point of accountability for ensuring contractual performance commitments are met; financial leakage is prevented, and underperformance is identified, remediated, and recovered in a disciplined, audit-ready manner. The role operates at the intersection of asset management, risk, operations, and finance.
The ideal candidate is a strategic operator with deep solar industry knowledge, exceptional stakeholder management skills, and experience building scalable processes. This candidate will c oordinate closely with Servicing, Asset Management, Operations, Finance, Legal, and external vendors.
This position will be based out of one of our offices in Irvine, CA; San Francisco, CA or Santa Clara, CA or Teaneck, NJ. Remote work may be considered for exceptional cases.
RESPONSIBILITIES: Asset Performance & Value Assurance - Own ongoing performance oversight for TPO in-service assets, ensuring assets perform in line with contractual, programmatic, and financial expectations.
- Establish and maintain performance benchmarks, variance thresholds, and escalation protocols at both the asset and portfolio level. Quantify and monitor financial exposure associated with asset underperformance and missed value opportunities.
Performance Guarantee Management - Own performance guarantee obligations across the TPO portfolio, including contractual interpretation, tracking, and enforcement.
- Monitor asset performance against guaranteed thresholds and identify root causes of underperformance.
- Coordinate remediation efforts with servicing teams, O&M providers, installers, insurers, and asset owners.
- Manage performance guarantee claims, including documentation, validation, submission, recovery tracking, and resolution.
Controls, Reporting & Governance - Design and maintain scalable, well-documented processes and controls related to asset performance, incentives, and performance guarantees.
- Produce regular reporting for senior leadership covering performance trends, financial exposure, recoveries, and unresolved risks.
- Partner with Risk, Legal, Finance, and Compliance to ensure alignment with contractual obligations, regulatory expectations, and accounting treatment.
- Ensure processes are audit-ready and capable of supporting portfolio growth.
Cross-Functional Leadership - Act as the internal subject matter expert for asset performance obligations, incentives, and value assurance mechanisms.
- Coordinate closely with Servicing, Asset Management, Operations, Finance, Legal, and external vendors.
- Support continuous improvement initiatives such as programs, counterparties, and portfolio complexity evolve.
REQUIRED QUALIFICATIONS: - Bachelor's degree in business, operations, or related field or equivalent practical experience in operations, financial services, project management, or data-driven roles and 5-8 years of work experience in asset management, operations related to energy services.
- Experience managing performance driven contractual obligations (e.g., guarantees, SLAs, incentives, and/or revenue-sharing structures).
- Proven experience within the solar industry and the end-to-end understanding of TPO products from customer contract to asset monitoring or servicing
- Ability to lead cross functionally while meeting operational and business goals and objectives.
- Strong analytical and financial acumen with demonstrated ability to quantify exposure and prevent value leakage.
- Proven ability to build and operate process-driven programs with clear controls and accountability.
- Strong stakeholder management and cross-functional leadership skills.
COMPENSATION: In accordance with applicable pay transparency laws, the anticipated annual base salary for this position is:
- Zone 1 (Bay Area, NYC): $135,400 - $162,400
- Zone 2 (CA, NJ, NY): $124,100 - $148,800
- Zone 3 (All others): $112,800 - $135,300
The applicable salary range is based on the employee's primary work location. Individual compensation will be determined based on qualifications, relevant experience, education, skills, internal equity, and other business-related factors.
This position requires the ability to perform the essential functions of the position, with or without reasonable accommodation. Periodic travel and site visits may be required.
The salary range is required by the California Pay Transparency Act and may differ depending on the location of those candidates hired nationwide. Actual compensation is influenced by a wide array of factors including but not limited to, skill set, education, licenses and certifications, essential job duties and requirements, and the necessary experience relative to the job's minimum qualifications.
*This target salary range is for CA positions only and should not be interpreted as an offer of compensation.
