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Asset Manager

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Soltage LLC

2021-12-03 09:02:09

Job location Jersey City, New Jersey, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

Position Description: Asset Manager

Overview:

Soltage is a leader in the development, financing, and operation of distributed utility-scale solar and storage assets for commercial, industrial, municipal, and utility customers across the United States. Soltage has developed more than 100 solar energy projects, with more than 400 MW total distributed generating capacity in operation or under construction and invested over $1 Billion to date into the US clean energy sector. Soltage is backed by a group of investors including Prudential Capital Group and is headquartered in Jersey City, New Jersey.


Position Expectations:

Soltage is seeking an experienced candidate to join an established and fast-growing solar distributed generation company as a leading member of the Asset Management department.

The Asset Manager will have responsibility for the management of the ongoing operations of portfolios of solar projects and supervising Junior Asset Managers in the same. The position requires maintaining an understanding of the underlying project assets and our investment structures (financial, technical & contractual), including managing operational reviews, compliance, financial reporting, and optimization. The Asset Manager will also support the portfolio management leadership in administering complex financing structures, investor reporting, budgeting, and the sale of environmental commodities.

Specific Job Functions:

  • Monitor and manage performance of a +$600M solar project portfolio across multiple states
  • Supervise Junior Asset Managers in the performance of their duties
  • Manage regular debt service, financing compliance, investor communication
  • Prepare periodic asset management reports (including operational and financial performance)
  • Identify and initiate optimization efforts on operations within the Asset Management department
  • Facilitate the onboarding of additional portfolios of solar projects
  • Supervise team-members in budget creation and budget monitoring
  • Manage relationships with contract counterparties
  • Develop an understanding of different electricity and capital markets for electricity generating assets (incentive programs, tax equity structures, and non-recourse debt)
  • Additional responsibilities as assigned

Qualifications:

  • Bachelor's degree
  • Relevant Master's degree preferred
  • 3-5 year's work experience in relevant field (ex. real estate or energy industry asset management, transactions, finance, business operations, etc.)
  • Demonstrated interest in renewable energy through work experience, projects, or coursework
  • Demonstrable leadership skills and ability to manage a team with multiple priorities and assess and adjust quickly to changing priorities
  • Expertise in building and updating financial models
  • Excellent written and verbal communication skills
  • Proven analytical and mathematical capabilities
  • Dependable, organized, detail-oriented, can work independently, and be a supportive team member

Please send resume with brief cover letter relative to the position to: - Please make sure to reference [422] ID number in your email subject.

Soltage is an equal opportunity employer and is committed to providing a work environment that is free from all forms of discrimination

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