Clean Energy Infrastructure Asset Manager - Offshore

Nuveen Investments, City of Westminster

Clean Energy Infrastructure Asset Manager - Offshore

Salary Not Specified

Nuveen Investments, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted today, 4 Oct | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: 6235b9aef9d24ac08344d21d316723af

Full Job Description

The Asset Manager will be responsible for the commercial and operational performance of an asset, overseeing all activities and acting as the central contact point for internal and external stakeholders. The ideal candidate will drive and manage all commercial aspects concerning operations and asset management of the projects. The ideal candidate will be willing to expand their technical and commercial skills to support the growth of the company. In addition, this specific role gives the opportunity to become part of the Asset Management team, managing a specific portfolio of assets and learning best in class operational management skills.,

  • Commercial management of a portfolio of renewable assets (onshore, and offshore wind, photovoltaic, batteries, hybrid projects, or any other technology that is suitable of investment within the funds commitments), either under development, construction, or operation, and across different geographies. Experience in offshore will be highly valued.
  • Management of Technical and Commercial Management Agreement providers (TCMAs). Oversight, promotion, and enhancement of the asset's performance.
  • Management, together with other members of the team and with the TCMA, of the main operational contracts of the assets.
  • Coordination and oversight of different workstreams within the asset together with the Fund Finance Team, the Head of Revenues, the Investment Team and the Divestment Team.
  • Preparation and management, with the support of the external contractors, of the assets budget.
  • Update of rolling cash forecasts to identify any potential breach or upside, and management of funding of projects in collaboration with the Fund Finance team.
  • Managing and validating the monthly closures, invoicing, and payment supervision.
  • Support during the formulation of the annual accounts and the audit processes.
  • Management of the distributions to investors from the asset perspective.
  • Management the financing agreements and comply with all the corresponding undertakings from the project side to maximize distributions.
  • Support Oversight Tax
  • Manage tax advisors
  • Oversight asset tax compliance with the support of the external contractors
  • Support delivery of asset transfer pricing exercises if applicable
  • Support monthly / Quarterly Reports: control and analysis of performance of operating assets against approved budgets and P&L. Detailed analysis will include production figures, liquidated damages and insurance claims, and any imbalance in Opex.
  • Support delivery asset management monthly / quarterly pack. Collect, review and provide once validated all appropriate information required by the AMC in relation to the fund portfolio. Additionally, produce comprehensive reports to the AMC and investors on the performance of the operating assets, and any ad hoc request.
  • Support the development of best-in-class reporting standards
  • Support the Fund Finance team or the Investors Relations team with investor reporting process and ad hoc queries
  • Oversight and coordination preparation of financial Reporting Use of the portfolio reporting tool to identify asset level performance and up to date issues
  • Report directly to the responsible Asset Controller and work alongside the other asset and fund controllers and managers., Accountability, Accounting Standards, Client Service, Collaboration, Commercial Acumen, Communication, Compliance, Data-Driven Business Intelligence, Due Diligence, Executive Presence, Financial Acumen, Financial Modeling, Financial Risk Management, Fund Accounting, Market/Industry Dynamics, Preparation of Financial Reports, Stakeholder Engagement, Story Telling

    Minimum 3 years relevant working experience in commercial asset management, asset management or project management.
  • Offshore experience/knowledge will be highly valued
  • Financial knowledge of renewable energy projects
  • Technical knowledge of different renewable technologies is desirable
  • Hybrid interest in commercial and technical aspects of asset management
  • Transaction experience desirable (from origination to execution)
  • Financial modelling experience desirable
  • Relevant experience of power industry required
  • Fluent English required with additional European languages preferable
  • Experience with Project finance documentation and interaction desirable
  • Experience in management accounting, investment review, tax structuring
  • Competencies Required
  • A strategic approach with sound business judgment.
  • High level of self-motivation and ability to work independently and as a team player.
  • High focus on setting priorities, keeping up with deadlines, communication, and organisational abilities

    Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future. For more information about the firm please visit our website at www.Nuveen.com, Nuveen is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace., Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, listed equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future. For more information about the firm please visit our website at www.nuveen.com