[Hiring] Director, Asset Management @LYDIAN ENERGY LLC

Role Description

The Director of Asset Management reports to the Vice President of Asset Management and is responsible for maximizing the long-term safety, reliability, performance, compliance, and financial returns of Lydian’s operating renewable energy portfolio. This leader oversees:

• Third-party O&M provider management
• Operating performance
• Revenue optimization
• Operating cost control
• NERC/FERC compliance
• Construction-to-operations transitions
• Warranty and insurance claims
• Lifecycle planning
• Reporting to lenders, tax equity investors, offtakers, and other stakeholders

The Director will serve as Lydian’s owner-level operating authority, retaining accountability for:

• Contractor performance
• Safe and reliable operations
• Portfolio availability target of at least 98%
• Operating budgets
• Regulatory compliance
• Contractual obligations
• Long-term asset value

The role will support a rapidly growing national portfolio of utility-scale BESS and solar assets.

Responsibilities

• Portfolio Performance & O&M Oversight:
  • Oversee portfolio-wide energy production, availability, performance ratio, capacity, round-trip efficiency, degradation, state-of-health, throughput, and other applicable metrics against underwritten and contractual baselines
  • Ensure safe and reliable operations and maintain a portfolio availability target of 98%
  • Manage third-party O&M service provider relationships
  • Direct preventive, predictive, and corrective maintenance planning
  • Implement remote monitoring and SCADA-driven performance analytics
  • Oversee spare-parts strategies and long-term reliability planning
  • Lead annual O&M budget development and cost-control initiatives
  • Maintain executive visibility into safety events, outages, and operating risks
• Revenue Optimization & Commercial Management:
  • Assist VP of Asset Management in overseeing PPA, tolling, interconnection, utility, and other operating contract compliance
• Financial Management & Reporting:
  • Own operating expense budgets and manage cost-reduction initiatives
  • Develop annual project-level budgets and long-range operating forecasts
  • Monitor expenditures, accruals, commitments, forecasts, and year-end projections
  • Prepare and deliver comprehensive reporting packages
  • Ensure compliance with lender covenants
  • Oversee warranty management and major-maintenance reserve planning
• Asset Transitions & Lifecycle Management:
  • Manage construction-to-operations handover
  • Confirm third-party O&M mobilization and operating procedures
  • Maintain transition exception logs
  • Lead asset management planning for battery augmentation and life-extension initiatives
  • Manage landowner relationships and ensure timely administration of payments
  • Oversee decommissioning planning and security obligations
• Regulatory & Compliance:
  • Ensure compliance with applicable NERC reliability standards and FERC reporting requirements
  • Establish and maintain compliance calendars and internal controls
  • Manage third-party compliance consultants
  • Oversee environmental compliance obligations
  • Coordinate with Legal on regulatory filings and investigations
• Data Management & Technology:
  • Direct asset management information systems and reporting platforms
  • Ensure data integrity across various systems
  • Establish portfolio standards for asset hierarchies and performance calculations
  • Drive adoption of predictive analytics and machine-learning tools
  • Coordinate with IT/OT and cybersecurity resources

Qualifications

• 8+ years of experience in renewable energy operations, asset management, utility operations, power generation, or power project management
• 3+ years in a senior asset management or operating leadership role
• Demonstrated track record managing third-party O&M providers and project-level financial reporting
• Direct experience with project finance structures and lender reporting obligations
• Experience managing utility-scale solar PV and BESS assets
• NERC compliance and utility-scale generation operations background
• Experience managing portfolios across multiple ISO/RTO or utility markets

Technical Expertise

• Deep understanding of solar PV and BESS performance metrics
• Expertise in power-market operations and ancillary-service markets
• Working knowledge of SCADA, EMS, and asset management platforms
• Proficiency in financial modeling and operating performance reporting
• Ability to interpret O&M agreements and regulatory requirements

Education

• Bachelor’s degree in Engineering, Finance, Business, or related field required
• MBA or advanced technical degree strongly preferred

Preferred Qualifications

• BESS operations and dispatch optimization experience in ISO/RTO markets
• Direct experience with merchant BESS operations in ERCOT
• Experience managing portfolios across multiple ISO/RTO markets
• Experience with project-financed renewable energy assets
• Professional Engineer (PE), NERC certification, or comparable professional credential

Key Competencies

• Strong safety leadership and accountability for reliable operations
• Commercial acumen and understanding of technical performance and financial returns
• Exceptional stakeholder-management skills
• Analytical and data-driven approach to portfolio performance
• Collaborative partner to various teams
• Ability to build scalable processes for a rapidly growing national portfolio
• Ability to travel 25% to 40% of the time to domestic locations

Equal Employment Opportunity

We are committed to equal-employment principles and are dedicated to diversity and the strength it brings to the workplace. All qualified applicants will receive consideration for employment without regard to age, race, color, national origin, gender, gender identity or expression, religion, physical or mental disability, medical condition, legally protected genetic information, marital status, veteran status, military status, sexual orientation or any other protected category or class that may be applicable.