Portfolio Manager

NineDot Energy; New York (NY); Hybrid; USD 150,000 - 170,000; Full time

Benefits offered by this job

Medical, dental and vision coverage

5% employer match on 401k

20 paid vacation days

12 weeks paid parental leave

Wellness initiatives

16 volunteer hours annually

Job summary

NineDot Energy in Brooklyn, NY is seeking a Portfolio Manager to oversee compliance, reporting, and operational obligations across the Company's financed projects. This role acts as a central point of ownership and coordination between teams and external stakeholders to meet all financing requirements.

The ideal candidate will have 5+ years of experience in project finance or asset management in the energy sector. Benefits include comprehensive medical coverage and generous paid time off.

Qualifications

• 5+ years of experience in project finance or asset management.
• Strong experience with construction financing and project-level debt.
• Excellent communication skills for stakeholder coordination.

Responsibilities

• Lead compliance with financing agreements and reporting obligations.
• Manage draw requests under construction loan facilities.
• Oversee the Company’s insurance program across the project portfolio.

Skills

Project finance

Asset management

Portfolio management

Compliance management

Stakeholder coordination

Financial modeling

Education

5+ years of experience in energy, infrastructure, or IPP platforms

Strong hands-on experience with tax equity structures

Understanding of insurance requirements

Tools

Excel

Job description

Overview

FLSA Classification: Exempt

Salary Range: $150,000 - $170,000 plus bonus and incentive stock options

Reports to: VP, Capital Markets

Location: Brooklyn, NY (Hybrid)

About the Company

NineDot Energy derives its name from the classic mathematical puzzle and is a leading community-scale, clean energy developer with a growing portfolio of projects across multiple technologies. NineDot Energy is creating innovative energy solutions to support a more resilient electric grid, deliver economic savings, address environmental justice, and reduce carbon emissions. The company plans to develop, build and operate more than 400 MW of clean energy systems by 2026 to strengthen local power grid infrastructure and provide clean, reliable, and resilient power to tens of thousands of New York households and businesses, in support of New York State\'s mission to achieve 100% clean energy by 2040.

With the backing of Manulife Investment Management and The Carlyle Group, NineDot is expanding its core battery energy storage pipeline, delivering enhanced products and services, exploring new regions, and considering potential acquisitions to advance the decarbonization of New York\'s grid. This is an exciting opportunity to build a platform from the ground up with a world-class team of developers and innovators.

Job Summary

The Portfolio Manager will play a critical role within the Capital Markets team, overseeing ongoing compliance, reporting, and operational obligations across the Company\'s portfolio of financed projects. This individual will act as a central point of ownership and coordination between internal teams (finance, development, construction, operations, legal) and external stakeholders (lenders, tax equity investors, insurers, and advisors) to ensure all financing and project-level requirements are met.

This role is ideal for a detail-oriented finance professional who thrives at the intersection of capital markets, operations, and compliance in a fast-growing infrastructure platform.

Responsibilities

• Financing Compliance & Reporting: Lead compliance with covenants, reporting obligations, and deliverables under corporate credit facilities, project-level debt, and tax equity agreements
• Financing Compliance & Reporting: Own the preparation and timely delivery of periodic reports (monthly, quarterly, annual), including financial statements, operating reports, compliance certificates, and investor updates
• Financing Compliance & Reporting: Track key dates, milestones, and obligations across all financing agreements
• Financing Compliance & Reporting: Partner with NineDot colleagues to gather required inputs from finance, development, construction, operations, and legal teams

• Construction Financing & Capital Deployment: Manage and execute draw requests under construction loan facilities, including lender coordination and documentation review
• Construction Financing & Capital Deployment: Oversee the process of adding new distributed energy projects into existing financing structures (construction debt and tax equity), including satisfaction of conditions precedent
• Construction Financing & Capital Deployment: Coordinate with internal company stakeholders to ensure readiness for funding milestones
• Construction Financing & Capital Deployment: Maintain detailed draw schedules and funding trackers

• Insurance Management & Compliance: Oversee the Company\'s insurance program across the project portfolio and corporate level (property, liability, builder\'s risk, etc.)
• Insurance Management & Compliance: Ensure all insurance policies meet requirements under financing agreements and project contracts
• Insurance Management & Compliance: Track renewals, certificates, and compliance deliverables
• Insurance Management & Compliance: Identify coverage gaps and coordinate mitigation strategies

• Broker & Stakeholder Management: Serve as the primary internal point of contact and liaison with the Company\'s insurance broker
• Broker & Stakeholder Management: Coordinate with lenders, tax equity investors, and third-party advisors on compliance, reporting, and operational matters
• Broker & Stakeholder Management: Support diligence requests, audits, and ad hoc information needs from financing counterparties

• Other duties as assigned

Core Competencies

• Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
• Drives Results - Constantly achieving results, even under tough circumstances.
• Interpersonal Savvy - Relating openly and comfortably with diverse groups of people.
• Manages Ambiguity - Operating effectively, even when things are not certain or the way forward is not clear.
• Nimble Learning - Actively learning through experimentation when tackling new problems, using both success and failures as learning fodder
• Plans and Aligns - Planning and prioritizing work to meet commitments aligned with organizational goals.
• Tech Savvy - Anticipating and adopting innovations in business-building digital and technology applications.

Required education and experience

• 5+ years of experience in project finance, asset management, or portfolio management within energy, infrastructure, or IPP platforms
• Strong hands on experience with tax equity structures, construction financing, and project-level debt
• Experience managing compliance and reporting under complex financing agreements
• Understanding of insurance requirements for energy or infrastructure projects
• Highly organized with strong attention to detail and ability to manage multiple deadlines
• Excellent communication skills and ability to coordinate across internal and external stakeholders
• Advanced Excel and financial modeling skills preferred

Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

At NineDot Energy, we believe diverse perspectives drive innovation and are the foundation of our success. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, age, or any other status protected by law.

Benefits

• Medical, dental and vision coverage
• 5% employer match on your 401k retirement account
• 20 paid vacation days off, plus 7 sick days, 9 federal holidays and 3 personal floating holidays
• 12 weeks of 100% paid parental leave for both primary and secondary caregiver within the first year of birth or adoption
• Wellness initiatives including a $1,000 stipend
• 16 volunteer hours plus two planned company-wide volunteer outings per year