What are the responsibilities and job description for the Associate Asset Manager position at MARA?
SUMMARY
MARA is the world's largest Bitcoin miner. We are committed to using energy to lead the digital asset transition and are committed to driving sustainability. We develop, own, and operate bitcoin mining facilities and the energy projects used to operate them. We are looking for a skilled Renewable Energy Associate Asset Manager to join our dynamic team. This is an exciting opportunity to manage and optimize renewable energy assets while working with a range of key stakeholders, including operations teams, off-takers, financial institutions, and regulatory bodies.
Position Overview:
As a Renewable Energy Associate Asset Manager, you will play a role in the commercial management of energy projects. You will be responsible for optimizing asset performance, ensuring compliance with contractual and regulatory obligations, and managing third-party relationships across operations and maintenance (O&M) providers, energy off-takers, lenders, and landowners. You will also help contribute to the due diligence of M&A targets, and onboard new projects as they are acquired. This role requires a deep understanding of energy markets, power purchase agreements (PPAs), insurance, credit management, contract structures, and the regulatory environment.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
MARA is the world's largest Bitcoin miner. We are committed to using energy to lead the digital asset transition and are committed to driving sustainability. We develop, own, and operate bitcoin mining facilities and the energy projects used to operate them. We are looking for a skilled Renewable Energy Associate Asset Manager to join our dynamic team. This is an exciting opportunity to manage and optimize renewable energy assets while working with a range of key stakeholders, including operations teams, off-takers, financial institutions, and regulatory bodies.
Position Overview:
As a Renewable Energy Associate Asset Manager, you will play a role in the commercial management of energy projects. You will be responsible for optimizing asset performance, ensuring compliance with contractual and regulatory obligations, and managing third-party relationships across operations and maintenance (O&M) providers, energy off-takers, lenders, and landowners. You will also help contribute to the due diligence of M&A targets, and onboard new projects as they are acquired. This role requires a deep understanding of energy markets, power purchase agreements (PPAs), insurance, credit management, contract structures, and the regulatory environment.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
- Commercial Management: Oversee the day-to-day management of renewable energy assets, ensuring the commercial performance of projects is optimized in line with financial and operational targets.
- Third-Party Relationship Management: Manage relationships with key stakeholders, including O&M providers, energy off-takers, lenders, landowners, and other partners, ensuring alignment with contractual terms and project goals.
- PPA and Contract Management: Manage existing PPAs, including the review and analysis of pricing, terms, and structures. Ensure compliance with the terms of the agreements.
- Regulatory Compliance: Ensure compliance with all applicable regulations, including NERC, FERC, and ISO requirements. Work with internal and external legal and compliance teams to ensure adherence to regulatory standards.
- Market Risk & Settlements: Monitor market conditions, assess risk exposure, and work with the trading team to mitigate risks associated with energy pricing, market volatility, and settlements. Oversee energy settlements processes to ensure accuracy.
- Credit Management: Work with credit teams to manage credit and counterparty risk, ensuring that financial obligations are met and working with credit teams to evaluate and mitigate potential risks.
- Insurance Management: Ensure adequate insurance coverage for assets, collaborating with insurance providers and legal teams to address claims, renewals, and risk mitigation strategies.
- Property Tax & Landowner Relations: Manage property tax obligations and landowner relationships, ensuring all contractual obligations and payments are met in a timely manner.
- Bachelor's Degree in a related field (e.g., Business, Finance, Engineering, Environmental Science).
- 2-4 years of experience in renewable energy asset management or energy related field, ideally with exposure to wind, solar, demand response, settlements, or storage projects.
- Proven experience with PPAs, energy markets, and asset optimization.
- Knowledge and experience with REC management.
- Knowledge of energy settlements, credit management, and market risk.
- Familiarity with NERC, FERC, and ISO regulations.
- Experience managing third-party relationships, including O&M providers, off-takers, and lenders.
- Strong understanding of insurance requirements, regulatory compliance, and property tax issues related to renewable energy projects.
- Ability to manage complex contracts and resolve disputes.
- Strong communication and negotiation skills, with the ability to manage both internal and external stakeholders.
- Ability to work both independently and as part of a collaborative team.
- Industry certifications such as CFA, CEM, or PMP.
- Advanced knowledge of energy trading platforms, financial modeling, or asset management software.
- Familiarity with market pricing structures, market settlements, ISO requirements, and renewable energy policy landscape.
- Competitive salary and performance-based incentives.
- Comprehensive benefits package, including health, dental, and vision insurance.
- Generous retirement and investment options.
- Professional development opportunities.
- A collaborative, forward-thinking, and inclusive work environment.
