Director, Asset Management

About the Company

Energy Vault® (NYSE:NRGV) is a global energy storage and power infrastructure company focused on owning, operating, and enabling resilient, dispatchable energy assets. The company delivers reliable, flexible power that supports the evolving needs of modern grids, communities, and large energy users. Since 2024, Energy Vault has centered its strategy on an Independent Power Producer (IPP) model, developing, building, owning, and operating critical energy assets worldwide.

Headquartered in Westlake Village, California, and Lugano, Switzerland, Energy Vault operates globally with regional development across North America, Europe, Asia, and Australia. The company partners with utilities, grid operators, and large energy consumers to strengthen grid reliability, enable renewable integration, and support long-term energy security.

Our Values

• We Commit: To building a better future for Earth and all its beings.
• We Innovate: Cutting-edge solutions to accelerate the unique energy aspirations of our clients.
• We Connect: To build genuine relationships.
• We Deliver: Going above and beyond by being fast and nimble.
• We Lead: With authenticity and purpose.

About the Role

The Director of Asset Management is responsible for overseeing the performance, reliability, and commercial success of utility-scale Energy Storage Systems. This role ensures assets operate efficiently, meet performance and compliance targets, and deliver expected returns throughout their lifecycle. The Asset Manager serves as the key liaison among internal stakeholders, O&M providers, QSEs, off-takers, and utility partners.

Responsibilities

Compliance & Reporting

• Ensure compliance with ERCOT, NERC, and local regulatory requirements.
• Manage contracts for NERC registration and compliance services and periodic ERCOT testing.
• Maintain accurate and auditable records of operational events, tests, and maintenance.
• Assist in preparing asset reports for internal stakeholders, investors, and regulators.

Commercial Optimization

• Coordinate with distribution service providers, ERCOT, QSE, and offtake partners to validate operational revenues and costs.
• Ensure all invoices and revenue/cost statements are accurate and ensure timely payment (including property tax, offtake revenue, auxiliary energy costs, etc.).
• Support forecasting, budgeting, and revenue modeling activities.

Operations & Maintenance

• Work closely with internal and external O&M providers to schedule preventive and corrective maintenance and BESS testing.
• Review and manage service agreements, warranty obligations, and long-term service plans.
• Ensure all maintenance activities are properly documented and reported.

Transition and Stakeholder Support

• Support project handoff from construction to operations, ensuring asset readiness.
• Serve as the primary point of contact for asset-related inquiries and issues.

Asset Performance Management

• Monitor operational performance of BESS assets via EMS/SCADA systems.
• Identify underperformance or anomalies and coordinate resolution with field and OEM teams.

Requirements

• Bachelor’s degree in Engineering, Energy, Business, or a related field.
• 9+ years of experience in asset management, operations, or performance monitoring in the energy sector (BESS or renewables preferred).
• Over 3 years of experience managing NERC Bulk Electric System (BES) compliance activities.
• Strong understanding of financial and commercial aspects of energy storage projects.
• Proficiency in data analysis, financial modeling, and performance reporting.
• Working knowledge of SCADA and EMS systems.
• Familiarity with ISO markets (ERCOT, CAISO, PJM, etc.) and revenue strategies.
• Strong data analysis, reporting, and communication skills.
• Proficient in Microsoft Office, with familiarity in asset management platforms.
• Willingness to travel domestically and/or internationally, up to 25%.
• Comfortable thriving in fast-paced, rapid-growth environments.
• Passion for sustainability, our mission, and our vision is a bonus.
• Must successfully pass a pre-employment background check.

Benefits

• Annual bonus plan.
• Restricted Stock Units (RSUs).
• 401K employer matching.
• Comprehensive medical, dental, and vision plans for employees and family.
• Flexible Spending Account.
• Company-paid life insurance, short- and long-term disability insurance.
• 8 weeks of paternity leave.
• Generous holiday allowance.
• Flexible time off plus sick leave.
• Reimbursement for home office equipment, phone, and internet expenses.