Sr Asset Management Associate

RWE

$91K — $130K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Finance, Engineering, or related field; Master's degree or certification preferred
  • Minimum 3 years of experience in the renewable energy sector
  • Experience in Asset Management, Operations, or Controlling is desirable
  • Familiarity with regulatory frameworks like PJM and MISO
  • Strong financial modeling and analytical skills

Responsibilities

  • Assist Asset Manager in profitability analysis for wind, solar, and battery storage assets
  • Support development of cost-reduction and performance optimization strategies
  • Monitor asset KPIs and perform trend analysis for operational performance
  • Assist in budgeting and asset-level financial forecasting
  • Manage relationships with vendors and assist in contract reviews
  • Provide detailed operational and financial reporting to stakeholders
  • Ensure compliance with relevant regulations and internal governance processes

Benefits

  • Medical, Dental, Vision, Life Insurance
  • Short-Term and Long-Term Disability
  • 401(k) match
  • Flexible Spending Accounts
  • Education Assistance
  • Parental Leave
  • Paid time off and Holidays
Full Job Description
RWE Americas, LLC
To start as soon as possible, full time, permanent

Functional area: Operations & Maintenance
Remuneration: Exempt

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. Associatewill 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:
  • Bachelor's degree in Business, Finance, Engineering, or a related field and/or 2 additional years of comparable work experience; Master's 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 Americas is 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 $91,000 - $130,000. 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, candidate's 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.

Apply with just a few clicks: ad code 92657. Any questions? Contact HR: [email protected]

We look forward to meeting you. Of course, you can find us on LinkedIn, Instagram, Facebook, YouTube and Xing, too.

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