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Asset Manager

Constellation
Baltimore, MD Contractor
POSTED ON 1/6/2025 CLOSED ON 1/26/2025

What are the responsibilities and job description for the Asset Manager position at Constellation?

Who We Are

As the nation's largest producer of clean, carbon-free energy, Constellation is focused on our purpose: accelerating the transition to a carbon-free future. We have been the leader in clean energy production for more than a decade, and we are cultivating a workplace where our employees can grow, thrive, and contribute.

Our culture and employee experience make it clear: We are powered by passion and purpose. Together, we're creating healthier communities and a cleaner planet, and our people are the driving force behind our success. At Constellation, you can build a fulfilling career with opportunities to learn, grow and make an impact. By doing our best work and meeting new challenges, we can accomplish great things and help fight climate change. Join us to lead the clean energy future.

TOTAL REWARDS

Constellation offers a wide range of benefits and rewards to help our employees thrive professionally and personally. We provide competitive compensation and benefits that support both employees and their families, helping them prepare for the future. In addition to highly competitive salaries, we offer a bonus program, 401(k) with company match, employee stock purchase program; comprehensive medical, dental and vision benefits, including a robust wellness program; paid time off for vacation, holidays, and sick days; and much more.

Expected salary range of $122,400 to $136,000, varies based on experience, along with comprehensive benefits package that includes bonus and 401(k).

Primary Purpose Of Position

Constellation is seeking a candidate for an Asset Manager position who will be working in the Wholesale Origination Team. This is a remarkable opportunity for an experienced professional to make a significant contribution to the energy sector. With a focus on contractual administration and asset management, this role is at the heart of our wholesale origination group, ensuring efficient, compliant, and profitable project performance. It will require maintaining an understanding of the underlying project assets structures (financial, technical & contractual), including managing development reviews, compliance, reporting, and optimization. The position will be responsible for proactively participating in cross functional teams to help resolve material issues affecting operational projects driving strategic growth while nurturing strong relationships ensuring all project obligations and interests are successfully administered under project agreements and help resolve any contractual issues with counterparties from development through operation. The Constellation Origination team is based in Baltimore at the Constellation headquarters, but this role can be flexible for remote work

Primary Duties And Accountabilities

  • Wholesale Power Purchase Agreements: Administer wholesale power purchase agreements with various customers, addressing and resolving any contractual issues and providing status updates on projects. Negotiate and/or amend project agreements to improve asset performance or mitigate risk.
  • Compliance and Regulatory Obligations: Ensure all project obligations are successfully administered, and regulatory requirements are met. Support the development of information sharing platforms and work management systems, including populating such systems with historical records and archiving of documents.
  • Stakeholder Management: Engage with retail customers and internal teams to facilitate smooth project transitions into commercial operation.
  • Prepare and present reports for to customers and project stakeholders on a regular basis.

Minimum Qualifications

  • Undergraduate degree required
  • 5 years of experience in a commercial role within the energy industry, such as project development, project management, asset management, contract administration, deal execution, or project finance
  • Strong business acumen and financial literacy
  • Ability to think creatively, manage competing priorities, work independently, and pay attention to detail
  • Knowledge of renewable energy markets and project lifecycle
  • Strong analytical capabilities and financial analysis of structures wholesale power transactions Knowledge of North American regional power markets including transmission and interconnection queues.
  • Excellent interpersonal and communication skills, including written and verbal.

Preferred Qualifications

  • Bachelor's degree in Engineering, Finance, Business, Economics or related field Direct experience in leading key commercial transactions and PPA negotiations and other related offtake agreements Storage technologies background and experience.

Salary : $122,400 - $136,000

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