Asset Management Associate

Asset Management Associate – RWE Americas Location: Austin, TX 78701; Chicago, IL 60654 Employment type: Full time, permanent; required to start promptly. RWE Americas Asset Management team takes accountability for the commercial success of a >12 GW portfolio of renewable energy assets. Through close collaboration with Operations & Maintenance and various financial stakeholders, the team drives tactical and strategic initiatives optimizing the performance of all assets. Role Responsibilities The Associate will assist the Asset Manager in driving the profitability of wind, solar, and battery storage assets (BESS), by analyzing operational and financial performance and identifying the causes for underperformance. The Associate will also support the development, and execution of cost-reduction or performance optimization strategies. Asset Performance Optimization: Monitor asset KPIs and perform trend analysis to detect performance issues, investigate underperformance, and develop and implement strategies to maximize the operational performance of renewable energy assets; manage technical issues to ensure strategies are fully analyzed, and appropriate solutions developed and implemented. Financial Management: Assist in the budgeting, forecasting, and asset-level financials to identify opportunities and risk. Contract Management: Manage select vendor/service provider relationships and assist in contract alignment reviews. Reporting: Provide detailed reporting and insights to internal stakeholders on operational and financial performance. Regulatory Compliance: Stay abreast of relevant regulations and ensure compliance with regulatory obligations (i.e., local, state, and federal, including environmental permits) and internal governance processes. Process Improvements: Implement and continuously improve local asset management systems and processes consistent with organizational policies and standards. Cross Functional Collaboration: Coordinate across departments to resolve asset-level issues, communicate clearly with cross-functional partners, present findings in meetings with Asset Manager supervision, and establish collaborative relationships with key support departments such as Operations, Engineering, HSSE, Procurement, and Controlling. Job Requirements and Experiences Bachelor's degree in Business, Finance, Engineering, or a related field and/or 2 additional years of comparable work experience; Master’s degree or professional certification is a plus. Minimum 1 year of experience; proven experience in the renewable energy sector preferred. Asset Management, Operations, or Controlling experience is highly desirable. Experience in asset management and/or technical expertise in the renewable energy industry. Familiarity with relevant regulatory frameworks and compliance requirements (esp. ERCOT). Strong interest in BESS. Applies operational, financial, and contractual knowledge to drive asset performance. Understands key KPIs and data resources. Investigates root causes of asset issues using trend analysis. Recommends standard corrective actions. Coordinates across departments to resolve asset-level issues. Plresents findings in meetings with moderate supervision. Owns performance tracking for a set of assets or region. Strong financial modeling and analytical skills. Strong commercial acumen and entrepreneurial mindset with the ability to translate technical findings into commercial implications. Strong organization skills and ability to coordinate multiple tasks and deliverables, and meet deadlines. Strong interpersonal skills with ability to manage internal/external relationships. Excellent proficiency with Microsoft Office (Excel, Word, PowerPoint, Outlook) and Teams. Strong leadership and communication skills. Ability to work independently and as part of a team. Motivated self-starter, goal-oriented, and strong problem-solving abilities. Proven ability to empathize, build relationships, and effectively communicate with people from a diverse set of backgrounds. Detail-oriented and has a sound understanding of business concepts. Pay range: The annual base salary range for this position in Illinois is $70,000 - $100,000. The listed salary range represents our good faith estimate for this position and represents the range for new hire salaries across all U.S. locations. Please note that the salary information is a general guideline only. RWE considers factors such as (but not limited to) scope and responsibilities of the position, candidate’s education & work experience, training & certifications, and key skills as well as market and business considerations at the time of the offer. Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays. Eligible employees also participate in short-term incentives, in addition to salary. Applicants must be legally authorized to work in the United States. RWE Americas is unable to sponsor or take over sponsorship of employment visas at this time. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status. #J-18808-Ljbffr RWE AG