Job description
Number of Openings
1
Time Type
Full time
Job Description
The Asset Manager (title and comp commensurate with experience) is responsible for maximizing the profitability of Talen’s power generation assets located in ERCOT and Montana by achieving key objectives. As a member of the West Region asset management team, this position reports to the West Region Managing Director, and under general guidance, plans, organizes, integrates, fiscally controls, directs, administers, reviews and evaluates the activities, operations, and services of the company’s assets within ERCOT and Montana. The Asset Manager recommends strategic plans and ensures that execution of short- and long-term goals and objectives are consistent with Talen’s strategic plan, vision and values, while complying with applicable laws and regulations; and performs related duties as assigned.
Depending on the skills, qualifications, and experience of the successful candidate and the discretion of the hiring manager, title and comp commensurate with experience.
DUTIES & RESPONSIBILITIES
With responsibility for the overall profit and loss (P&L) of Talen’s ERCOT and Montana assets, this role supports the contractual arrangements necessary to physically commercialize the assets and coordinates between the plant operations team (including O&M contractors) and Talen Energy Marketing’s commercial team, which manages Talen’s short- and long-term energy market operations. As such, this position is responsible for duties that include, but are not limited to the following:
- Integrates, organizes, and evaluates the work of plant operations, Talen Energy Marketing’s commercial team, and related service providers to ensure that they comply with the policies and strategic direction set by management team.
- Supports facility contractual agreements and relationships related to fuel and electrical interconnections, water purchase and delivery, and property leases, including oversight of existing agreements and negotiation of new agreements as necessary.
- Analyze and/or oversee the analysis of how contractual, market, and regulatory changes will affect Talen’s ERCOT and Montana assets or business, formulate sound recommendations on how to address, and advise business unit and executive leadership accordingly.
- As a member of the West Region asset management team,
- Develop and implement Talen’s strategic plan regarding the ERCOT and Montana assets;
- Provides day-to-day support to ensure continued implementation of managements systems and practices; and
- Establishes quantitative performance standards for the key objectives and implement processes to achieve such standards.
- Works with Talen ERCOT and Montana plant operations to
- Develop operating and capital budgets for approval and then implement approved budgets;
- Meet regulatory standards established for Talen ERCOT and Montana facilities.
- Develops and implements initiatives/projects to improve facility and/or overall business profitability.
- Assesses regional, industry, service area, community and customer needs and ensures objectives and priorities are focused on meeting those needs effectively, efficiently, and with high quality service.
- Ensures daily optimization of Talen’s ERCOT and Montana assets in the market through frequent communication with Talen Energy Marketing’s commercial team and related service providers.
- Works with other company departments to support Talen’s growth initiatives in ERCOT andMontana.
- Support accurate and timely financial reporting by working in conjunction with the finance team, Corporate FP&A, and Corporate Accounting/Settlements.
- Supports successful implementation of and compliance with Talen’s financing arrangements.
- Works with Talen’s regulatory and external affairs team to
- Manage relationships between Talen and state and local governments and other stakeholders;
- Participate in relevant stakeholder processes as necessary to support Talen’s ERCOT and Montana business objectives; and
- Ensure that all requisite filings or other submittals are made on time.
- Participates in professional and community organizations on behalf of the Company
SKILLS / COMPETENCIES:
- Proficient understanding of business aspects of power generation with ability to
- Analyze and make sound recommendations on complex commercial, management, and administrative issues;
- Exercise sound, expert independent judgment within broad general policy guidelines;
- Present proposals and recommendations clearly, logically and persuasively in meetings;
- Establish and maintain effective working relationships at all levels; and
- Exercise tact and diplomacy in dealing with sensitive, complex and confidential issues and situations.
- Familiarity with asset management and/or operation and maintenance of large fossil-fueled power plants, preferably gas-fired combined cycle power plants.
- Ability to work across multi-disciplinary teams.
- General understanding of organized market structure and regulatory framework.
- Good understanding of organized power markets and ability to quickly learn the ERCOT and Montana market structure, regulatory framework and day-ahead and real-time energy markets.
- Ability to prioritize and handle multiple tasks and projects concurrently. Ability to work safely and manage the safe work practices of others on project team.
- Capable of preparing clear, well-structured reports and presentations.
- Strong organization and project/work management skills.
- Strong analytical and problem-solving skills.
- Strong verbal and written communication skills.
- Proficient in office and technical computer applications and software, particularly the use of spreadsheets and project scheduling/tracking software.
DEGREES / CERTIFICATION / LICENSE / EXPERIENCE:
- Experience within the power industry, including at least five (5) years in progressively responsible facility and/or corporate management position(s), with at least two (2) years in an asset management or similar role preferred.
- General understanding for commercializing power generation assets, including managing facility contractual agreements and relationships, working with plant operations, and optimizing the market position of assets.
- A high level of self-management, commitment, trust, with an affinity with Talen Energy’s underlying values and the stature to operate effectively are all essential.
- Bachelor’s Degree in a relevant engineering, business administration or closely related field.
Physical Requirements and Working Conditions:
Must possess mobility to work in:
- Standard office setting and to use standard office equipment, including a computer, stamina to maintain attention to detail, despite interruptions, vision to read printed materials and a computer screen for long period of time. Hearing and speech to communicate in person and over the phone.
Physical and Mental Demands:
The physical demands here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Physical Demands:
While performing the duties of this position, an employee is regularly required to sit; talk or hear, in person, in meetings and by telephone; use hands to finger, handle, feel or operate standard office equipment; and reach with hands and arms. The employee is frequently required to walk and stand.
- When at a plant site, noise levels are moderately loud and may vary in various areas of the plant site.
- When working in an office setting, the noise level is usually quiet.
- Specific vision abilities required by this job include close vision and the ability to adjust focus.
- Must have manual dexterity and ability to manipulate keyboards.
- Must be willing to travel in- and out-of-state periodically as needed
Mental Demands:
While performing the duties of the job, the employee is regularly required to use written and oral communication skills, read and interpret data, information and documents; analyze and solve complex problems, observe and interpret situations, use math and mathematical reasoning; deal with changing, intensive deadlines, and interact with internal and external clients. Must be able to concentrate while under time constraints.
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Note: You will have an opportunity to add attachments to your application. Please use this opportunity to upload your resume, cover letter, and any relevant documents .
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