Capital Power Corporation

Senior Asset Manager, US West

Capital Power Corporation$100K — $130K *
Energy & Utilities
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Degree in engineering, business, economics, or related field.
  • Master's or progress toward a master's is a plus.
  • 8+ years in operational, commercial, engineering, or financial roles, preferably in deregulated electricity.
  • 5+ years in P&L management and variance reporting.
  • Familiarity with power markets, generation, regulatory agreements, and power purchase agreements is preferred.

Responsibilities

  • Identify commercial risks and opportunities for existing assets.
  • Develop and implement risk management strategies.
  • Negotiate commercial contracts with external parties.
  • Maintain relationships with external stakeholders and partners.
  • Analyze market trends affecting asset value and develop strategies to address them.
  • Provide commercial support for operational and capital investment issues.
  • Lead compliance with all related commercial agreements.

Benefits

  • Health care benefits including mental, financial, and social support.
  • Retirement benefits and paid time off.
  • Eligibility for an annual bonus and a referral reward for successful candidate referrals.
  • Flexible work arrangements with a hybrid schedule and periodic travel.
  • Comprehensive onboarding, training, and career development programs.
Full Job Description
Posting End Date: July 24, 2026

Your Opportunity

Permanent Full Time Position.

Are you passionate about being a part of an integral team that plays a key role in our growth and net zero ambitions?

We are currently seeking an innovative and results-oriented individual to join our Commercial Management team!

Reporting to the Vice President, Commercial US West, as Senior Asset Manager, US West you are accountable for proactively identifying commercial risks and opportunities for existing assets, both for the short-term and the longer term. You will develop and implement risk management strategies and mitigating plans to preserve, improve, and optimize the value of existing assets. This includes accountability for delivering the value-add targets for commercial management assigned for each asset. You will provide guidance and draft assigned sections of a strategic asset management plan for the assigned generation facilities.

This is an exciting opportunity for you to own and handle the day-to-day relationship with the applicable counterparties or joint venture partners. You will work independently (and/or in coordination with Operations or Commodity trading) on short-term and long-term asset optimization opportunities, issues, or disputes, ensure compliance with applicable agreements, and will be the lead point of contact on applicable asset matters with legal, regulatory, finance, environment and external regulatory agencies and government entities. You will also be responsible for monitoring market developments and their impact on the value of the asset and in coordination with other internal groups, by developing and implementing strategies to preserve and enhance the market of the assets with a broader portfolio view.

You will contribute to our team by
  • Leading and coordinating internal subject matter expert teams for the commercial management and optimization of value for the assigned asset and the generation fleet.
  • Steering interaction with appropriate subject matter experts (operations, legal, credit, regulatory, finance, environmental, external suppliers, off-takers, and regulators) on commercial activities that generate revenue, reduce cost, or reduce and/or mitigate risks and/or provide opportunities for improving value.
  • Conducting the negotiation of commercial contracts with external third parties for supply of key facility inputs and sale of products and services - e.g. PPAs, REC contracts, long-term service agreements.
  • Independently coordinating and retaining relationships with external stakeholders and partners, working in consultation with internal stakeholders.
  • Identifying and analyzing a variety of opportunities with respect to the current or future commercial management and operation of the asset(s), including monitoring and assessing the external environment for trends, threats, or opportunities, including developing action strategies by leading and coordinating activities with internal stakeholders to address, optimize, and mitigate such trends, threats and / or opportunities.
  • Providing commercial support to facility managers on operating and capital investment issues to preserve or improve the value of the facility.
  • Making recommendations and leading efforts to resolve and handle issues or disputes with counterparties and partners by serving as a primary contact on such issues to resolve disputes.
  • Leading and/or reporting on opportunities, challenges and/or issues at regular stakeholder meetings.
  • Proactively handling and ensuring compliance with all related commercial agreements.
  • Leading to completion ad-hoc special projects or initiatives for specific assets, or common initiatives across all assets, as applicable.
  • Managing commercial reporting and commercial management functions with asset partners.
  • Participating in the evaluation of new assets/opportunities identified by Business Development for acquisition or greenfield/brownfield development.


What you will bring to the role

Education:
  • Degree in engineering, business, economics, or related field.
  • Master's or working toward master's an asset.
  • A professional designation is considered an asset.


Experience:
  • 8+ years of experience in an operational, commercial, engineering, business development, or financial and analytical roles; preferably in the deregulated electricity industry or other related industry.
  • 5+ years of experience in P&L including variance reporting. Reasonable understanding of accounting and transaction flows through the financials.
  • Knowledge/experience with respect to power markets, power generation, power marketing, regulatory, commodities and related agreements, transmission/transport and related agreements and power purchase agreements is preferred.
  • Experience with tax-equity partnership structures for renewable projects would be considered an asset.


Technical & Other Skills:
  • Deep understanding and experience in power markets, electricity generating plants, plant operations for each region where the asset is situated.
  • Experience working with complex legal agreements or contracts.
  • Commercial management or negotiating experience.
  • Reasonable levels of financial analysis skills, familiarity with financial statements, budgets, forecasting and development of asset earnings profiles.
  • Proficient in contract review and negotiations.
  • Project management experience and ability to interface with all levels of the organization.
  • Ability for travel in the North American market to plant sites and other offices.
  • Excellent verbal and written communication skills.
  • Well presented with the ability to represent the company with external parties.
  • Ability to work with multiple internal and external stakeholders, on multi-disciplinary issues and opportunities.
  • Takes initiative, ability to deal with ambiguity and conflict and ability to exercise influence.
  • Attention to detail and accuracy.
  • Ability to handle dynamic and full workload.
  • Capable of making sound decisions of an independent nature.
  • Provide recommendations to Senior Management to resolve issues in a proactive manner that benefits the interests of Capital Power.


Working Conditions:
  • Location: Phoenix, AZ Corporate Office
  • Position allows for hybrid work schedule
  • Periodic travel to locations across North America will be required.


Additional Details

This position is eligible for health care benefits, retirement benefits, paid time off, and annual bonus.

In order to be considered for this role you must be legally eligible to work in the United States.

The successful candidate for this position will undergo an education verification, reference checks and criminal record check.

Capital Power employees that refer a successful candidate for this position are eligible for a $1000 Referral Reward!

We believe that creating a culture that supports employee physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development.

Depending on the posting requirements relocation assistance may be available.

How To Apply and Next Steps

Capital Power only accepts resumes via online application at www.capitalpower.com/careers. If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.

About Capital Power Corporation

Capital Power is an independent power generation company based in Edmonton, Alberta, Canada. Capital Power develops, acquires, owns and operates power generation facilities using a variety of energy sources. Capital Power owns approximately 6,600 megawatts of power generation capacity at 27 facilities across North America.
Learn more about Capital Power Corporation
Industry
Founded
1891

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