Head of Asset Portfolio Management

This is a fully remote role for candidates who are based outside of the New York Metropolitan area. For those located in the area, we encourage you to consider our hybrid work arrangement (1-2 days a week in our NYC office). That said, we value flexibility and if you have a different preference, please do not let that deter you from applying – let’s talk about it!

Applicants must be authorized to work for any employer in the United States or Canada. We are unable to sponsor or take over sponsorship of any employment-based visas at this time.

Energy storage is the key to unlocking a future where our world is powered by renewable resources. At Convergent Energy and Power, our mission is to make the electrical grid cleaner, more reliable, and less expensive by leveraging state-of-the-art energy storage and distributed generation technologies.

The Head of Asset Portfolio Management will own and drive the optimization of Convergent's energy storage and renewable energy portfolio. Reporting to the Chief Operating Officer, this role is pivotal in maximizing financial performance, ensuring compliance, and driving product innovation. This role initially requires the ideal candidate to roll up their sleeves and build our capability while, in the long run, building out a team that can scalably carry out these capabilities. Leadership experience, strong people management skills, and the ability to scale teams and processes from day one is a must.

What You’ll Do

Financial:

•  Strategic P&L Ownership: Take full ownership of the Profit & Loss (P&L) for the asset portfolio, developing and executing strategies to maximize profitability and value creation for the company.
• Revenue Framework: Document revenue streams for each asset into a clear framework, utilizing current reporting and contracts.
• Innovative Revenue Improvement: Employ creative thinking to review historical asset performance, identify opportunities for revenue improvement, and set ambitious yet realistic targets.
• Financial Performance Measurement: Establish a process for promptly measuring each asset's financial performance after each reporting period.

Strategic:

• Strategic Asset Planning: Create detailed plans for each asset to maximize revenue, including minor adjustments and major strategic decisions, while also being open to unconventional approaches and outside-the-box thinking.
• Market Expertise: Cultivate a team with a deep understanding of the energy markets where we currently operate and new markets we aim to enter, ensuring strategic decisions are informed by comprehensive market insights.

Data-Driven:

• Performance Indicators: Identify leading performance indicators, collect real-time data, and integrate it into a dashboard for each asset.
• PeakIQ Development: Drive the strategic direction for PeakIQ, prioritizing product developments based on value and resource availability.
• Asset Management Tools: Manage and optimize the tools responsible for Asset Management (KPIs, financial performance, and ROI maximization), ensuring they are effective, up-to-date, and aligned with our strategic goals.

Operational:

• Operational Collaboration: Ensure strategic alignment with the operations team for asset management and day-to-day operations.
• Compliance Management: Maintain a comprehensive list of compliance reporting requirements and ensure processes are in place to meet them.

Requirements

Required Qualifications

• Extensive experience in energy asset management, product strategy, and compliance.
• Strong analytical, strategic planning, and decision-making skills.
• Demonstrated leadership in product development and market analysis.
• Excellent collaboration and communication abilities, with experience in cross-functional team alignment.
• Embody Convergent's Corporate Culture by promoting continuous improvement, diversity, equity, inclusion, ethical governance, safety, sustainability, and the clean energy transition.
• Foster a culture of trust, collaboration, alignment, action-orientation, and data-driven decision-making.

Preferred Qualifications

• Graduate-level degree in a related field.
• Experience in a fast-paced environment, building new capabilities.
• Familiarity with renewable energy construction and operational practices.

Benefits

We're dedicated to fostering a welcoming and inclusive culture that prioritizes the safety and well-being of all our clean energy professionals. We embrace and learn from our diverse backgrounds, encouraging open dialogue and growth. Through resources like our active Employee Resource Groups, DEI Working Group, and comprehensive training and workshops, we're continuing to build a supportive community that celebrates the convergence of our identities.

Our priority is to ensure that every team member feels valued and supported to have a healthy balance between work life and personal life. We believe a full life outside of the office makes for a happier, healthier team. We support that by offering robust benefits such as but not limited to, the following:

• Medical, Dental, and Vision insurance
• Vacation, Sick, and Volunteer days
• 401K with an employer safe harbor match
• Special Vendor Discounts on programs for:
• Identity theft and fraud prevention

Base Salary Range: $210,000- $225,000; Salary Commensurate with Qualifications and Experience.

We encourage people from minority or marginalized groups to apply. If you don’t meet 100% of the above qualifications, but see yourself contributing, please submit an application.

Convergent is an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, height, weight, or any other characteristic protected by applicable laws, regulations, and ordinances. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements in the country where we operate. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to [email protected]