Director - Portfolio Mangement

5 days ago


Annapolis, United States HASI Capital, Inc. Full time

THE COMPANY
HASI (NYSE: HASI) is a leading climate positive investment firm that actively partners with clients to deploy real assets that facilitate the energy transition. With more than $12 billion in managed assets, our vision is that every investment improves our climate future. For more information, please visit www.hasi.com .
Position Summary
HASI is seeking an experienced portfolio management professional in the renewable energy sector to join our Portfolio Management team in Annapolis, MD. The Director of Portfolio Management (PM) will manage several of HASI’s investments in utility-scale renewable energy (“Grid Connected”), distributed generation (“Behind the Meter”), and/or new and emerging areas (“Fuels, Transport, and Nature”). The Director PM will play a pivotal role in ensuring that HASI’s portfolios are able to deliver on their performance targets by leading value optimization initiatives, solving problems, monitoring and managing risks, establishing and measuring key portfolio indicators (KPIs) to proactively understand performance, and maintaining strong and collaborative relationships with clients. The Director PM will have P&L ownership for the specific portfolios being managed, including forecasting and tracking portfolio cash flows on a monthly basis, providing frequent (monthly/quarterly) performance updates to management and external investors, and ensuring seamless portfolio management cross-functionally with the Investment, Legal, Accounting, and Treasury teams.
Education and Prior Work Experience
At least 10 years of overall professional experience, with at least 10 years’ experience in investing, financing, and/or portfolio management in the North American renewable energy sector, focusing on wind, solar, renewable natural gas, electric transportation, energy efficiency, and/or other sustainable infrastructure. Bachelor’s degree in a business or technical discipline (i.e. engineering or finance/business). Relevant Master’s degree, CFA or other certification is preferred. Demonstrated team leadership and management skills.
Responsibilities
The Director PM will directly or indirectly lead a team of analysts and managers responsible for maximizing the financial performance of HASI’s portfolio investments.
Maintain a deep understanding of the underlying project assets and investment structures (financial, technical, and contractual).
Act as the lead on investment restructurings, workouts, modifications, and dispositions, leading the internal cross-functional team across the enterprise to achieve desired outcomes.
Provide and manage financial modeling and support for valuation updates to existing portfolios.
Act as primary liaison with the asset management teams with HASI’s external stakeholders - sponsors (owner/operators) and lenders/co-equity investors.
Support due diligence on new investments, reviewing key commercial contract terms and analyzing underlying market and regulatory value drivers and risks.
Monitor and analyze operating and financial performance across the portfolio, conducting variance analysis of project and investment performance.
Develop reports and dashboards to depict portfolio performance (KPIs), financial metrics, and expected cash flows.
Work closely with cross-functional teams to facilitate the onboarding of new transactions and ongoing monitoring of investments.
Specific Recommended Knowledge and Skills
Previous leadership and/or direct investment/financing experience in energy/renewable assets.
Experience leading a team and working in a cross-functional team environment.
High caliber and professional interpersonal, negotiation, communication, time management, and presentation skills.
Strong financial analysis and modeling skills with experience in creating, reviewing, and analyzing financial models.
Excellent written and verbal communication skills.
EEO STATEMENT
The Company maintains a policy of non-discrimination in employment and complies with and supports all Federal, state, and local laws regarding discrimination in employment.

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