Asset Manager - Power Transmission

Arrobais; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player in the Electricity Transmission sector is seeking a skilled Asset Manager to oversee the lifecycle management of offshore transmission assets. In this dynamic role, you will collaborate with senior leadership to ensure compliance, manage outsourced operations, and provide strategic insights for future investments. This position offers exposure to a variety of technical challenges and the opportunity to influence key business decisions. If you have a strong background in electrical engineering and asset management, this is your chance to make a significant impact in a growing field.

Qualifications

• Proven asset management skills, including condition monitoring.
• Experience with electricity transmission technology and managing contractors.

Responsibilities

• Manage UK offshore transmission systems and compliance with agreements.
• Oversee operations and maintenance providers, ensuring quality and cost-effectiveness.
• Report to stakeholders and provide technical reviews.

Skills

Asset Management

Electrical Engineering

Contract Management

Communication Skills

Risk Management

Education

Degree in Engineering

Job description

5 days ago Be among the first 25 applicants

Our client is a firm member of the Electricity Transmission industry, specialising in strategic investment in offshore electricity transmission systems across Europe.

This exciting role covers the life cycle management of existing offshore transmission assets.

As the newly appointed Asset Manager, you will be responsible for assisting the Technical Director and General Manager in the asset management of the transmission portfolio, focusing on the day-to-day asset management of a specific portfolio, ensuring business objectives are met, including the provision of timely and accurate reports to the Board.

You will be exposed to a wide variety of technical and commercial asset management issues, requiring significant industry, regulatory, engineering, and commercial knowledge, along with the ability to manage an outsourced operations and maintenance service provider.

The role also requires knowledge of the System Operator Code, electricity industry standards, regulations, and contract management. Additionally, the Asset Manager will assist the Senior Asset Manager in developing the firm's asset management knowledge, including commercial contracts, to drive existing business and future investment opportunities.

Finally, there will be opportunities to assist in developing tenders and undertaking due diligence for new investments.

Key responsibilities include, but are not limited to:

1. The asset management of UK offshore transmission systems and future projects, including:
2. Managing and ensuring compliance with the Project Agreement, Project Documents, statutory/regulatory compliance, and developing processes regarding health, safety, security, environment, and asset management.
3. Managing outsourced Operations and Maintenance (O&M) providers.
4. Producing risk registers and managing operational risks.
5. Reviewing lifecycle work plans for inspections, surveys, and maintenance by the O&M provider, aligned with the Asset Management Strategy.
6. Chairing monthly O&M provider meetings.
7. Managing incident reviews and providing recommendations for operational incidents or asset failures.
8. Identifying trends in asset performance and implementing management actions with the O&M provider.
9. Managing additional work to ensure cost-effectiveness, timeliness, and quality.
10. Overseeing outage management in collaboration with the O&M provider and National Energy System Operator (NESO).
11. Managing health, safety, environmental, and asset management audits and reporting to senior management.
12. Being authorised as Senior Authorised Person and Control Person under RES (Athena) safety rules to assist fault investigation and rectification work.
13. Reporting to lenders, insurers, regulatory authorities, etc., and stakeholder management.
14. Providing technical challenge and reviews internally and externally.
15. Assisting in offshore transmission asset lifecycle development, including maintenance and fault rectification strategies.
16. Offering technical advice to the General Manager for commercial decisions.
17. Evaluating technical reports from O&M providers, OEMs, and industry bodies to ensure asset integrity.
18. Representing the company with regulators and trade associations to ensure compliance.
19. Supporting the development and tendering for future projects.

Essential Qualifications, Skills, and Experience:

• Degree in engineering (preferably electrical) or equivalent.
• Experience with electricity transmission technology and related technologies.
• Managing contractors, contract negotiations from technical and commercial perspectives.
• Proven asset management skills, including condition monitoring and asset database utilization.
• Understanding of key business issues impacting electricity transmission assets.
• Ability to develop relationships internally and externally.
• Excellent communication skills, diplomatic and effective.
• Strong work ethic, ability to meet tight deadlines, and handle competing priorities.

Desirable Qualifications and Experience:

• Chartered Engineer status or working towards it.
• Project management qualification.
• Membership of relevant professional bodies (e.g., IET).
• Experience with offshore transmission, subsea cables, condition monitoring, failure mechanisms, and repairs.
• Knowledge of electricity regulation and NETSO.
• Experience with major construction contracts and project financing.
• IOSH/NEBOSH qualification.

Additional Details:

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Finance and Sales
• Industries: Investment Banking