Asset Management Lead | MGEN Thermal

MGen; Manila; Hybrid; PHP 1,200,000 - 1,600,000; Full time

Job summary

MGEN is recruiting for a senior asset management leader to design and own the Thermal Business Unit asset management framework across head office and sites. The role drives lifecycle planning, asset risk, reliability engineering, and continuous improvement for boilers, turbines, generators, transformers, and BESS assets.

The candidate will lead RCFA investigations, maintenance strategy alignment, and outage governance, ensuring data quality in Maximo and delivering portfolio dashboards for

Qualifications

• Bachelor's degree in an engineering discipline.
• Minimum 10 years in power generation, asset management or reliability.
• 5+ years in leadership or governance roles.
• Experience with RCFA investigations and Maximo preferred.

Responsibilities

• Design and own the Thermal Business Unit asset management framework, including asset scope, lifecycle planning methods, governance forums, decision rights, and controls.
• Translate business objectives into measurable asset management objectives, long-term asset plans, and annual execution priorities.
• Lead the preparation and review of the Strategic Asset Management Plan for all thermal and BESS assets.
• Lead five-, ten-, and long-range lifecycle plans for major inspections, overhauls, refurbishments, replacements, upgrades, life extension, and retirement.
• Own RCFA program for MGEN Thermal and lead RCFA investigations for significant failures; coordinate outage governance and reliability improvements.
• Drive asset information governance, maintain Maximo data quality, and develop dashboards on asset health and reliability.

Education

Bachelor's degree in Mechanical, Electrical, Chemical, Energy, Industrial Engineering

Professional engineering license or equivalent

Graduate degree in Engineering Management, Asset Management, or MBA

Job description

GENERAL RESPONSIBILITIES

1. AssetStrategy, Governance and Lifecycle Planning(≈ 20%)

• Design and own theThermal Business Unit asset management framework, including asset scope, classstrategies, lifecycle planning methods, governance forums, decision rights, andcontrols across head office and sites.
• Translatebusiness, commercial, reliability, safety, environmental, and regulatoryobjectives into measurable asset management objectives, long-term asset plans,and annual execution priorities.
• Lead thepreparation and periodic review of the Strategic Asset Management Plan for allassigned thermal and BESS assets.
• Lead thedevelopment of five-year, ten-year, and long-range lifecycle plans coveringmajor inspections, overhauls, refurbishments, replacements, upgrades, lifeextension, and retirement.
• Ensure asset plansare integrated with budgets, planned outages, market commitments, fuelstrategy, and site execution capacity.

2. Asset Risk,Criticality and Asset Health Management(≈ 20%)

• Establish andmaintain the asset risk management process, including consequence criteria,likelihood scales, risk tolerance levels, and escalation thresholds.
• Develop andmaintain the asset criticality methodology using safety, environmental,regulatory, commercial, reliability, and financial consequence criteria.
• Maintain theportfolio asset risk register and ensure major asset risks are identified,assessed, prioritized, treated, monitored, and reviewed.
• Lead asset healthassessments for boilers, turbines, generators, transformers, switchyards,diesel engines, BESS assets, and balance-of-plant systems.
• Escalateintolerable or increasing asset risks to senior management and ensure risktreatment actions are funded, tracked, and verified for effectiveness.

3. ReliabilityEngineering, Maintenance Strategy and Outage Governance (≈ 20%)

• Own the Root CauseFailure Analysis (RCFA) program for MGEN Thermal, including methodologystandards, facilitation quality, evidence thresholds, and assurance of RCFAoutputs produced across head office and plant sites.
• Lead or facilitateRCFA investigations for significant, repeat, and high-consequence failures, andconduct fleet-wide bad actor analysis to identify the equipment and failuremodes with the greatest cumulative impact on reliability and availability.
• Establish andassure maintenance strategy development and review, includingreliability-centered maintenance principles and alignment of maintenancestrategies to asset criticality and risk.
• Govern plannedoutage scope development, statutory inspection planning, major overhaulplanning, discovery work management, outage deferral risk assessment, andpost-outage review.
• Drive defectelimination programs across the fleet, tracking recurring failure patternsthrough to verified closure, and build reliability engineering capability atsite technical teams through coaching and methodology guidance.

4. Thermal andBESS Lifecycle Optimization (≈ 15%)

• Ensure thermalasset strategies address boiler integrity, turbine and generator condition, transformer health, fuel handling systems, and balance-of-plant systems.
• Ensure BESSstrategies address battery degradation, state of health, cycle life, thermalmanagement, fire detection and suppression, and end-of-life planning.
• Lead or coordinatelife extension, remaining useful life, refurbishment, replacement, andretirement stududies for assets approaching design life, warranty thresholds,or unacceptable risk levels.
• Develop criticalspares and obsolescence management plans for long-lead, high-risk, obsolete,and safety-critical equipment.

5. AssetInformation, Enterprise Asset Management and Performance Reporting (≈ 15%)

• Own the ThermalBusiness Unit asset information governance process, including asset hierarchy,naming conventions, equipment classifications, criticality fields, failurecodes, and maintenance records.
• Ensure Maximo orthe approved Enterprise Asset Management system contains accurate, complete,and decision-useful asset information for maintenance execution, reliabilityanalysis, risk management, and executive reporting.
• Develop portfoliodashboards and periodic reports covering asset health, asset risk, reliability,availability, forced outage drivers, critical spares, and BESS performance.
• Drive data qualityimprovement where incomplete or inaccurate asset data affects maintenanceexecution, risk assessment, or investment decisions.

6. Investment,Stakeholder, Compliance and Continuous Improvement Governance (≈ 10%)

• Review andchallenge asset-related capital expenditure, major maintenance, replacement,and augmentation proposals to ensure each has a clear asset need, technicalbasis, risk assessment, and lifecycle cost justification.
• Coordinate withFinance, Regulatory, HSSE, Procurement, Supply Chain, and site teams to alignasset decisions with budgets, obligations, permits, and stakeholderexpectations.
• Define assetmanagement requirements for contractors, OEMs, and technology suppliers, andensure deliverables are complete and usable by operations and maintenanceteams.
• Conduct internalassurance reviews of asset information, maintenance strategy compliance,project handover, and lifecycle plan implementation.

QUALIFICATIONS

• Bachelor's degreein Mechanical, Electrical, Chemical, Energy, Industrial Engineering, or anotherrelevant engineering discipline.
• Minimum of 10years of progressive experience in power generation, asset management, plantengineering, reliability, maintenance, operations, or technical services,including a minimum of 5 years in a leadership, supervisory, or portfoliogovernance role.
• Demonstratedexperience in thermal power generation (coal, diesel, or gas), including steamcycle, electrical, and balance-of-plant systems.
• Demonstratedexperience leading or facilitating Root Cause Failure Analysis (RCFA)investigations using structured methodologies (RCA, Apollo, TapRooT,Kepner-Tregoe, or equivalent).
• Experience usingenterprise asset management systems, preferably Maximo, including assethierarchy, master data, preventive maintenance plans, and reporting.
• Preferredexperience with Battery Energy Storage System assets, including degradation,battery management systems, fire safety, and end-of-life planning.
• Professionalengineering license or equivalent preferred; graduate degree in EngineeringManagement, Asset Management, or Business Administration is an advantage.

MGEN is always looking for enthusiastic individuals who seek to create a reliable, affordable, and sustainable energy future for the country.

If you'd like to be part of a vibrant and dynamic workplace not only to grow but to create a positive impact, check out our job openings below.

We look forward to Powering a Better Tomorrow with you!