Senior Investment Manager - Renewable Energy Infrastructure

About The Position

The energy transition requires large investments in renewable energy projects. Norges Bank Investment Management (NBIM) is seeking a Senior Investment Manager for its Renewable Energy Infrastructure team, part of the Energy & Infrastructure group in Active Strategies. The role offers the right person a unique opportunity to help build a portfolio of unlisted renewable energy investments in USA and Canada.

About The Position

The energy transition requires large investments in renewable energy projects. Norges Bank Investment Management (NBIM) is seeking a Senior Investment Manager for its Renewable Energy Infrastructure team, part of the Energy & Infrastructure group in Active Strategies. The role offers the right person a unique opportunity to help build a portfolio of unlisted renewable energy investments in USA and Canada.

What You Will Do

• Lead the execution of acquisitions and investments in unlisted renewable energy infrastructure, owning the timeline, workplan, and critical path to closing
• Coordinate and manage due diligence processes, including external commercial, technical, legal, tax, and ESG advisors
• Lead financial modelling, valuation, and downside and sensitivity analysis, and form an independent view of the business plan
• Prepare investment committee papers, management presentations, and recommendations that support NBIM’s investment decisions
• Contribute to board meeting preparation for portfolio companies, and potentially represent NBIM on company boards
• Build and maintain relationships with partners, developers, and transaction advisors
• Coach and develop junior team members, and set the standard for analysis and materials
• Collaborate with global Energy & Infrastructure colleagues and other NBIM teams, sharing market insights and knowledge

What You Need

• University degree with strong academic records; advanced degree or CFA is an advantage
• 5-10 years of relevant experience from private equity, infrastructure investing, investment banking, or leading institutional investors, with experience in Power and Utilities sectors
• Knowledge of USA and Canada renewable energy markets is an advantage
• Extensive financial understanding and strong analytical and financial modelling skills
• Working knowledge of deal documentation and managing external advisors
• Experience of leveraging technology and AI tools to improve investment analysis and efficiency is an advantage
• Good communication skills and the ability to synthesize complex matters effectively and concisely, with proficiency in written and spoken English

Who You Are

You are an experienced investment professional who takes ownership of complex transactions and delivers thoughtful solutions with minimal oversight. You are structured and have great attention to detail, while remaining comfortable with ambiguity. You have high integrity, emotional intelligence, and a curious and open mindset, and you enjoy nurturing strong stakeholder relationships. You are an experienced collaborator and an international thinker. You have high work capacity, and you take the initiative.

What We Offer

Norges Bank Investment Management offers a rewarding, international fast-paced working environment, and the opportunity to play a role in safeguarding and building financial wealth for future generations as part of one of the world’s largest funds. Norges Bank Investment Management has a performance culture that values the contribution of every individual and focuses on professional growth.

Our Values

We’re driven by a culture of continuous learning. We take action while constantly seeking better ways to achieve our goals. Learning is embedded in everything we do. We embrace growth opportunities and strongly encourage lifelong learning. We emphasize digital proficiency, with a particular focus on AI. Our people are expected to be comfortable adopting and leveraging AI tools. We prioritize wellbeing, supporting both ourselves and our colleagues. And lastly, but not least, we believe in creating an environment where we have fun together! We are grounded in trust, high ethical standards, a flat hierarchy, and diversity. We aim to increase the share of women to exceed or match the industry average across all functions. Norges Bank Investment Management is committed to ensuring Equal Opportunities for all employees.

Staying healthy

We have comprehensive healthcare coverage for you and your dependents at no cost to you. In addition, we have a Healthcare Reimbursement Plan to cover deductibles, co-payments, prescriptions and other healthcare costs, along with vision and dental expenses. You and your dependents can get an annual physical exam as part of the healthcare coverage and will have counselling services available through our employee assistance program.

Recharge when you need to

All employees get 25 vacation days plus one extra day for the last week of the year. When you’re taking time off, we provide access to holiday facilities in Norway for you and your family.

Planning for the long term

We contribute 8% of base salary to your 401k DC plan without you needing to contribute. You can focus on the present and don’t worry about the future. Employee contribution options are also available.

Spending time with family

Becoming a parent? Don’t stress! You’ll get 16 weeks, gender-neutral, full base pay, parental leave to spend with your child. We also give you paid days off for other emergencies

Flexible Working

We operate a hybrid model that allows our colleagues to work from home for up to two days a week from New York, Connecticut, New Jersey and Massachusetts.

Compensation

Expected Base Salary rates for the role will be between $250,000 and $340,000 per year at the commencement of employment. Base Salary, if hired, will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include performance pay.

Applications will be reviewed consecutively throughout the application period.

Please note that candidates must already hold a valid work permit for the United States to be considered for this position.

You do NOT need to send a confirmation email for your application. All applications will be reviewed.

Employment with Norges Bank is conditional on an approved security check in accordance with Norges Bank’s policies. This process may include criminal background and credit checks, verification of employment history, and academic record verification. Completion and approval of these checks are required before an employment offer is finalized.