Job Posting End Date

05-06-2024

Please note the job posting will close on the day before the posting end date

Job Summary

The Deal Desk Asset Manager’s primary responsibility will be to manage contractual obligations of utility sale renewable purchases as well as sale agreements to marquee customers. This includes but is not limited to asset optimization and managing the pipeline of receivables/deliverables for executed agreements. This position will also interface with internal stakeholders, such as business unit leadership, Structuring, Risk Management, Credit, Legal including Regulatory, Accounting, and Market Risk, as well as external contacts.

Job Description

ESSENTIAL JOB FUNCTIONS:

Build and maintain a centralized list of contractual obligations to ensure compliance with both asset purchase PPAs as well as customer sale agreements.
Management of purchase contracts will start at time of execution and continue beyond commercial operation date (COD). Pre-COD work will require the ability to determine how attainable schedule/timeline information being received is. Post-COD work will span from day-to-day operation through annual reporting obligations.
Management of the sale agreements is ongoing and will require routine communication will the customers to ensure a successful partnership.
Build/Update/Maintain internal reporting and analysis of forecasted and actual deal performance, by leveraging existing tools and building new ones.
Work with the Risk group to analyze and evaluate financial and physical commodity positions associated with complex renewable supply deals.
Comply with regulatory requirements, including but not limited to Sarbanes Oxley and Dodd Frank.
Adhere to all company risk and compliance standards.
Provide support or ad-hoc analysis to other groups with minimal supervision.
Help foster a culture of creative problem solving and solutions development.

MINIMUM REQUIREMENTS:

Education: Bachelor’s Degree in finance, engineering, mathematics, or other related discipline.
Experience: Typically 6 years of experience in a related position, preferably in the energy industry. Project management experience is a plus.

OTHER REQUIREMENTS:

Certified Energy Manager (CEM), Energy Auditor (EA), and or Professional Engineer (PE) licenses/certifications preferred, but not required. Position may require travel when needed. Strong commercial, analytical, and technical skills are preferred, including modeling and Microsoft Excel knowledge. The ability to successfully work with a diverse set of cross-functional teams, customers, or partners is required.

Strong cross functional collaboration is mandatory. Working knowledge of energy transaction valuation, energy system infrastructure and data sources is preferred. The individual must possess the ability to keep commercially sensitive items confidential. Individual must possess a positive attitude, be a detail-oriented self-starter, and work well in a fast-paced, dynamic business environment.

Compensation Data

Compensation Grade:

SP20-008

Compensation Range:

$94,225.00-122,490.00 USD

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It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all aspects of the employer‐employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers, discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex, age, national origin, ethnicity, ancestry, veteran or military status, disability, genetic information, sexual orientation, gender identity, or any other basis prohibited by applicable law. When required by law, we must record certain information to be made part of an Affirmative Action Plan. Applicants for employment may also be invited to participate in the Affirmative Action Program by self-identifying their Race or Ethnic Identity.

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Deal Desk Asset Manager