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    Asset Portfolio Manager - Boston, MA, United States - Avangrid

    Avangrid
    Avangrid Boston, MA, United States

    4 weeks ago

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    Description
    Asset Manager

    Work Location :
    Boston, MA Office.

    Salary:
    The base salary range for this position is dependent upon experience and location, ranging from $123k to $145k

    The Asset Management group is responsible of managing operational finance (budget and OPEX), Joint Venture management, Asset management (compliance with contractual commitments, market rules, ISO-NE certificates and interfaces,....), Asset Manager will be ensuring that each asset's financial interests, capabilities, and commitments are factored into decision making by internal and external stakeholders.

    Asset Manager will be responsible for the Vineyard Wind 1 (VW1) assets already or close by operations as well as responsible to provide asset management to future offshore wind projects.

    Asset manager will be responsible to carry out Asset Manager responsibilities for VW1 until hire the team of asset managers.

    Asset manager will be responsible to coordinate the team of asset managers performing the following tasks:

    Asset Managers work closely with a wide range of internal departments that perform the day-to-day operation and financial optimization of the assets, including Operations, Energy Management, Generation Control Systems, the National Control Center, Origination, Market Structure, Engineering, Permitting, Development and Construction.

    Asset Managers also interface heavily with support groups such as Accounting, Settlements, Risk Management, Legal, and Credit. Asset Managers also engage with external stakeholders, including customers, landowners, regulators and RTOs/ISOs.

    Delivering presentations and concepts in a clear and concise manner to senior management and various other internal and external stakeholders.


    • Independently managing complex issues and transactions, including the review and challenge of new PPA terms and amendments, landowner issue resolution, and the coordination of high-risk environmental and permitting issues.
    • Playing a strong role in litigation activity, the financial analysis of ongoing operations including cost-benefit analysis, and the development of asset bidding strategies.
    • Anticipating the impact of changes in market rules and regulations on an ongoing basis and proactively managing risk with appropriate stakeholders.
    • Managing communication with counterparties with respect to compliance requirements stated in contracts or proposed contract amendments.
    • Ensuring contractual compliance with counterparties with respect to compliance requirements stated in contracts or proposed contract amendments.
    • Analyzing revenue impacts and pursuing financial recovery opportunities associated with outages, turbine warranty agreements, and capital improvements.
    • Coordinating certain activities related to sites under construction, including test energy production, substantial completion milestones, and commercial operation declaration.
    • Contributing information and support for various activities related to assets in operation, including new commercial transactions, operational improvement initiatives, merger and acquisition activity, legal issues, or significant market rule changes in regional transmission organizations.
    • Leads business process improvement projects to further support and enable efficiency gains throughout the scope of responsibilities & tasks of asset management.
    • As assigned, serve as Asset Management for various cross-functional strategic initiatives
    Asset Management, Development, Origination, Construction, Operations, Trading, Settlements, Risk, Accounting or Finance. Bachelor's degree or the equivalent combination of education and experience.

    • Excellent project management skills coupled with organization, flexibility, and strong attention to detail.
    • Strong ability to review and analyze financial and technical data.
    • Ability to foster and participate in a productive team environment by establishing and maintaining effective working relationships with co-workers, managers, customers, contractors, and vendors.
    • Self-starter with demonstrated performance leading initiatives and building consensus at all levels of a matrixed global organization.
    • Strong proficiency with Microsoft Office (Excel, Word, PowerPoint and Outlook).
    Candidates with international work experience or experience working in a global organization.

    • Ability to navigate and succeed in a highly matrixed reporting structure, preferably at an international company.
    • Ability to efficiently manage multiple, concurrent, time-sensitive projects and priorities.
    • AVANGRID is an equal opportunity employer and does not discriminate on the basis of an individual's sex, gender, gender identification, gender expression, race, color, religion, national origin, age, ancestry, genetic information, medical condition, physical or mental disability, marital status, sexual orientation, military or veteran status, or other characteristics or conditions protected by law.

    This is applicable to employees that will work in Connecticut, Maine, Massachusetts, and New York within AVANGRD Network and Corporate functions.

    Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country

    AVANGRID's employment practices and policies are geared to hiring a diverse workforce and sustaining an inclusive culture.

    At AVANGRID we provide fair and equal employment and advancement opportunities for all employees and candidates regardless of race, color, religion, national origin, gender, sexual orientation, age, marital status, disability, protected veteran status or any other status protected by federal, state, or local law.

    If you are an individual with a disability or a disabled veteran who is unable to use our online tool to search for or to apply for jobs, you may request a reasonable accommodation by contacting our People and Organization department at .

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