Director of Portfolio Management

About the role

Full‑time, permanent, exempt position in Project Management / Corporate Development & Strategy. The Director of Portfolio Management is responsible for maximizing the readiness of RWE’s project portfolio by allocating execution resources, de‑risking projects, and leading process improvements from development to financial approval, including the transition from late‑stage development to shovel‑ready execution. The role also supports AI use cases across execution and measures their impact.

Responsibilities

• Direct execution and project‑management support across the portfolio, maintaining visibility of project stages and de‑risking needs (estimating, pre‑construction, equipment and EPC procurement, early execution/mobilization hand‑off).
• Implement process and methodology improvements to project‑readiness assessment, ensuring execution activities are performed when most valuable and avoiding redundant work.
• Standardize feedback across the organization, incorporating automation for efficient update cycles.
• Design and implement methodology to quantify early project value in partnership with I&V and Commercial teams.
• Maintain a list of project value drivers, including NPV optimizations and cost‑benefit evaluations of design and schedule alternatives, and enforce accountability.
• Collaborate with EPC Procurement to match top‑tier EPC partners to high‑quality, value‑accretive projects.
• Improve portfolio visibility and design KPIs for the Portfolio Management function.
• Track projects through the Execution and Project Management “funnel,” highlighting projects ready to advance to new stages for resource planning.
• Continuously evaluate necessary support‑function activities and sequence de‑risking steps for high‑value projects.
• Support AI enablement throughout Execution & Project Management, including ideation, development, and coordination of AI use cases.
• Interview team members and disseminate AI “light” ideas (e.g., using LLMs for repetitive tasks).
• Maintain the Execution & Program Management AI roadmap.

Requirements

• Bachelor’s degree in engineering, business administration, accounting, finance, social sciences, or a related field (preferred).
• Project Management Professional (PMP) or Professional Engineer (PE) certification is a plus.
• Minimum 6 years of business experience with quantitative assessments such as project engineering, estimating, and project management.
• Minimum 6 years of detailed quantitative management of complex business functions and cross‑functional process improvement.
• At least 1 year of experience directly leading cross‑disciplinary teams.
• 3 years of experience as a renewables developer or project manager (preferred, not required).
• Experience managing a project portfolio.
• Strong problem‑solving skills and engineering or technical background.
• Expertise in late‑stage project development, steering projects from mid‑stage development through financial approval.
• Advanced proficiency with Microsoft Office (Excel, Word, PowerPoint, Outlook, SharePoint, Teams); intermediate‑level Excel including pivot tables, advanced financial formulas, Index‑Match, graphs, etc.
• Proficiency with Salesforce and Power BI preferred.
• Advanced understanding of analytics for KPIs to drive decision‑making on cost controls, PO approvals, EPC contract negotiation, and value‑engineering analyses.
• Strong organizational skills, attention to detail, and ability to coordinate multiple tasks across departments.
• Excellent communication and relationship‑building abilities with diverse stakeholders.
• Efficiency‑minded with a strong drive to improve ways of working.
• Legal authorization to work in the United States (RWE does not sponsor visas).

Pay

Annual base salary range for this position in California, New York, or Illinois: $190,000 – $220,000. The range is a good‑faith estimate and may vary based on scope, responsibilities, education, experience, certifications, key skills, and market considerations.

Benefits

• Medical, Dental, Vision, Life Insurance
• Short‑Term Disability, Long‑Term Disability
• 401(k) match
• Flexible Spending Accounts
• Employee Assistance Program (EAP)
• Education Assistance
• Parental Leave
• Paid time off and holidays
• Eligibility for short‑term incentives in addition to salary