Power Business/Asset Management Director

Director, Power Business/Asset ManagementLocation: Houston, Texas, USADepartment: Power Business DivisionReports To: SVP, Power BusinessWorking Model: Hybrid Compensation: $180K~$200K/base + bonusAn international energy investment and business development company that focuses on natural gas, power, and renewable energy projects in the USA is seeking a highly experienced and strategic Director at their power business department.This role is accountable for annual profitability across all power generation assets and for elevating Return on Invested Capital (ROIC) to exceed the company’s Weighted Average Cost of Capital (WACC) within three years.The ideal candidate will have extensive hands-on experience managing utility-scale power generation assets, including solar, independent power producer (IPP), utility, battery energy storage, and other large- to mega-scale energy projects. This individual will have direct accountability for financial performance, commercial and operational contracts, market exposure, and overall asset optimization.Key Responsibilities1. Asset & Financial Performance ManagementOversee the financial performance, operational efficiency, and contractual health of power generation assets, including Solar, Battery Energy Storage Systems (BESS), and CCGT facilities.Monitor KPIs, budgets, and actual performance; lead corrective action planning to ensure annual profitability targets are met.2. Operational OptimizationIdentify opportunities for performance improvement at operating facilities.Optimize O&M strategies, evaluate contractor performance, and recommend enhancements based on profitability analysis and benchmarking.3. Commercial ContractingLead the review, negotiation, and execution of commercial agreements, including PPAs, tolling agreements, hedges, and other revenue contracts.Ensure compliance with contract requirements and proactively manage obligations and risks.4. Power Market Strategy & Revenue MaximizationMonitor supply/demand dynamics and price movements in key markets (ERCOT, PJM, Mexico).Develop strategies to maximize revenue and reduce market exposure.5. Safety & Risk ManagementEstablish and oversee safety and operational risk management frameworks.Work with plant and site teams to conduct risk assessments, monitor safety KPIs, and implement mitigation measures.6. Portfolio Strategy & Exit AnalysisConduct analyses related to exit opportunities, including asset divestiture, refinancing, and restructuring.Provide recommendations to senior leadership based on market conditions, valuation, and investment strategy.7. Cross-Functional CollaborationWork collaboratively with technical, legal, finance, and operations teams to support asset performance and strategic initiatives.Engage external partners, advisors, and regulatory bodies as needed.8. Leadership & Talent DevelopmentManage team performance, set business goals, and provide ongoing coaching and mentorship.Build organizational capabilities aligned with long-term strategy.Required QualificationsMinimum 5 years of hands-on experience in asset management within the power generation industry (Solar, IPP, utility, energy company, etc.).Strong understanding of power market structures and commercial contracting (e.g., PPAs, tolling agreements).Proficiency in financial modeling, valuation (NPV/IRR), and revenue management.