Senior Asset Manager, US West

Your Opportunity

A permanent full-time position is available for an innovative and results-oriented individual to join our Commercial Management team as Senior Asset Manager, US West.

Reporting

You will report to the Vice President, Commercial US West.

Responsibilities

• Identify commercial risks and opportunities for existing assets, both short-term and long-term.
• Develop and implement risk management strategies and mitigating plans to preserve, improve, and optimize the value of existing assets.
• Deliver the value-add targets for commercial management assigned for each asset.
• Provide guidance and draft assigned sections of a strategic asset management plan for the assigned generation facilities.
• Work independently (and/or in coordination with Operations or Commodity trading) on short-term and long-term asset optimization opportunities, issues, or disputes, ensuring compliance with applicable agreements.
• Ensure compliance with applicable agreements and serve as the lead point of contact on applicable asset matters with legal, regulatory, finance, environment and external regulatory agencies and government entities.
• Maintain and monitor market developments and their impact on the value of the asset, and develop strategies to preserve and enhance the market of the assets with a broader portfolio view.
• Contribute to the 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.
• Steer interactions 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.
• Conduct negotiations of commercial contracts with external third parties for supply of key facility inputs and sale of products and services, such as PPAs, REC contracts, long-term service agreements.
• Coordinate and retain relationships with external stakeholders and partners, working in consultation with internal stakeholders.
• Identify and analyze various 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, and developing action strategies by leading and coordinating activities with internal stakeholders to address, optimize, and mitigate such trends, threats, and / or opportunities.
• Support facility managers on operating and capital investment issues to preserve or improve the value of the facility.
• Handle and ensure compliance with all related commercial agreements.
• Lead and/or report on opportunities, challenges, and/or issues at regular stakeholder meetings.
• Proactively handle and ensure compliance with all related commercial agreements.
• Manage commercial reporting and commercial management functions with asset partners.
• Participate in the evaluation of new assets/opportunities identified by Business Development for acquisition or greenfield/brownfield development.

Requirements

• Education: Degree in engineering, business, economics, or related field. Master’s or working toward master’s an asset. 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 a 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. 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. Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting via our career page listed above. Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience, and knowledge for each position. Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power!