Portfolio Associate

Octopus Energy Ltd; City of Westminster; On-site; GBP 40,000 - 60,000; Full time

Job summary

A renewable energy company is seeking a Portfolio Associate to manage and optimize investments within a portfolio of renewable energy assets. You'll be responsible for equity investment modelling, cashflow forecasting, and ensuring compliance with debt structures. The ideal candidate will have a minimum of 3 years’ experience in portfolio management and a strong background in financial modelling. This role offers a dynamic work environment with opportunities for professional growth.

Benefits

Competitive benefits package

Learning and development opportunities

Flexible working arrangements

Qualifications

• Minimum of 3 years working experience in portfolio management.
• In-depth knowledge in valuing assets and discounted cash-flow modelling.
• Previous experience in the renewables sector or infrastructure real assets.

Responsibilities

• Monitor portfolio companies and deliver accurate quarterly valuations.
• Forecast cash within assigned portfolios alongside Senior Portfolio Manager.
• Ensure compliance with debt structures and lender requirements.

Skills

Equity investment modelling

Cashflow forecasting

Debt modelling

Risk Management

Investor Reporting

Excellent financial acumen

Excellent verbal and written skills

Team collaboration

Tools

Power BI

Excel

Job description

Overview

We are seeking a Portfolio Associate to join the OEGEN Funds Team, reporting to a Senior Portfolio Manager. For your portfolio of assets, your role is to understand and deliver against all investor requirements which includes reporting, valuing portfolio investments, forecasting and calculating distributions, debt management and investor communications. You will deliver accurate and high-quality outputs whilst supporting the drive to continuously improve our fund management processes. You will support onboarding new investments and capital recycling programmes as well as refinancing activities. This is an exciting and challenging opportunity to work in OEGEN where we our ambition is to onboard and manage £billions of assets over the next 5 years.

Responsibilities

• Equity investment modelling: monitor assigned portfolio companies and/or renewable energy assets by creating, maintaining and improving portfolio company and operational asset models. Deliver accurate and timely quarterly valuations, update models, conduct detailed assumptions reviews and check outputs from peers. Prepare and present valuation papers to the Valuation Committee for approval and sign-off. Maintain a close relationship with Asset Managers to understand underlying Asset Performance. Monitor investor returns, track record and other fund KPIs, ensuring accurate data and informative forecasts. Ensure any new acquisitions are onboarded into the Fund Management Team effectively. Use Power BI/Excel models.
• Cashflow forecasting: forecast cash within assigned portfolios and work with the Senior Portfolio Manager to provide a coherent and accurate cashflow forecast across all invested assets.
• Debt modelling: understand debt structures within asset portfolios and ensure all lender requirements are understood and complied with. Work with the Investments team on project finance where appropriate and build knowledge in this area.
• Audit support: respond to Fund-level audit requests by providing accurate data, supporting evidence and analysis in a timely manner.
• Portfolio Management: follow processes and conduct analysis relevant to portfolios including FX, Interest Rate Swaps, and Cash Products, working with Finance and the Investments team to deliver fund mandates.
• Risk Management: support the Senior Portfolio Manager to ensure the fund is governed correctly, providing input into papers for relevant Boards and maintaining accurate information. Understand portfolio risks and proactively monitor, escalate and mitigate them.
• Investor Reporting: coordinate and contribute to the creation of investor reports and outputs that are accurate and relevant.
• Continuous Improvement: seek improvements in processes, driving consolidation, simplification and automation where possible to benefit investors, and work on Fund Management Projects as appropriate.
• Minimum of 3 years working experience.
• In-depth knowledge and skillset in valuing assets and portfolio companies, discounted cash-flow modelling and debt modelling. A modelling test will be part of the recruitment process.
• An understanding of fund management processes for debt and equity across private funds.
• Previous experience of working in the renewables sector or infrastructure real assets.
• Experience of creating high quality investor outputs.
• Excellent financial acumen; CFA qualification considered advantageous.
• And to stand out from the crowd, you will display the following qualities and characteristics: Thrive in a fast-moving business, able to see solutions where others see problems, passionate about improving processes, models and customer outcomes. Excited, not overwhelmed by a challenge.
• Excellent verbal and written skills, able to distil and seek out insightful analysis.
• Active listener and communicator, able to demonstrate the ability to manage stakeholders.
• Passionate about the detail, taking accountability for the accuracy of every output.
• Able to plan ahead but also work under pressure, always delivering to deadlines.
• Able to collaborate. A team player, flexible in approach and able to support others as necessary.

About OEGEN

Octopus Energy Generation (OEGEN) is a leader in sourcing, investing in, and managing a wide range of utility-scale renewable energy assets. We manage a global portfolio of over £7 billion in renewable energy assets and are committed to building a diverse team that reflects the communities we serve. We aim to deliver best-in-class responsible investment activity and to accelerate the transition to net zero.

Culture and Benefits

Octopus Energy Group is a unique culture built on autonomy, learning, and collaboration. We were named the UK's top company to work for and featured in top ten lists for employee experience. Our perks are designed to be meaningful and relevant to our people. Visit our UK perks hub - Octopus Employee Benefits.

Application Information

Our process usually takes up to 4 weeks, but we will flex around what works for you. You’ll chat with our recruitment team, and your Recruiter will help you throughout different stages. If you have questions, email [e-mail]. If this sounds like you, we’d love to hear from you. We strive to accommodate interview preferences or needs. We are an equal opportunity employer and do not discriminate on the basis of any protected attribute.