Vice President of Asset Management

Vesper Energy; Albuquerque (NM); On-site; USD 200,000 - 320,000; Full time

Job summary

Vesper Energy seeks a VP of Asset Management to own operating asset performance across solar and battery storage projects, supervising the asset management OS and external reporting. Reporting to the COO, this leader drives risk-adjusted returns, compliance, and continuous improvement across the portfolio.

You will partner with EPC, Power Marketing, Finance, Legal and Development to ensure disciplined handoffs, accurate performance insights, and timely issue resolution across the portfolio.

Qualifications

• 12+ years of progressive asset management experience in utility scale renewable energy and/or energy storage.
• Bachelor's degree in business, engineering, finance, or related field; advanced degree preferred.

Responsibilities

• Set and execute the asset management strategy for the operating portfolio, including clear performance targets, reporting standards, and an operating rhythm that drives accountability and fast issue resolution.
• Lead, build, and develop a high performing asset management and operations team, establishing clear roles, decision rights, and measurable goals aligned to portfolio outcomes.
• Design and maintain a scalable asset management operating system, including standard processes for performance monitoring, outage and event management, vendor governance, root cause analysis, and corrective action tracking.
• Own portfolio performance monitoring and reporting, including production, availability, degradation, curtailment, and outages, and drive corrective actions that improve forecast accuracy and realized results.
• Manage onsite plant operations and O&M providers to oversee operating performance, maintenance strategy, and safety and compliance alignment, and ensure issues are prioritized based on risk, cost, and value.
• Manage contractual compliance across key agreements (including offtake, O&M, warranties, interconnection related obligations, and financing requirements), escalating material risks early and driving cross functional resolution.
• Lead investor, lender, offtaker and stakeholder reporting for operating assets, ensuring reporting is accurate, timely, decision useful, and supported by consistent definitions and controls.
• Partner with Finance and Accounting on budgets, accruals, reserve and major maintenance planning, and financial statement review inputs, ensuring operational drivers and variances are well understood and communicated.
• Drive disciplined handoffs from development, finance, and construction into asset management, ensuring documentation, data, system setup, and operational readiness are complete before commercial operations.
• Support acquisitions and strategic transactions by leading operational and performance diligence, identifying key risks, cost and revenue opportunities, integration needs, and post close value creation plans.

Skills

Asset management

Portfolio optimization

Executive communication

Contract management

People leadership

Vendor oversight

O&M knowledge

Wholesale markets

Education

Bachelor's degree in business/engineering/finance

Advanced degree preferred

Tools

Asset management software

Job description

The VP of Asset Management owns Vesper's operating asset performance across solar and battery energy storage projects, including the asset management operating system and external reporting. Reporting to the COO, this role leads a team responsible for maximizing risk adjusted returns, ensuring contractual and regulatory compliance, and driving continuous improvement in operational and financial outcomes. The role partners closely with EPC, Power Marketing, Finance, Legal, and Development to ensure disciplined handoffs, accurate performance insights, and timely issue resolution across the portfolio.

Role Requirements

Education:Education: Bachelor's degree in business, engineering, finance, or a related field; advanced degree preferred.

Years of Experience:Years of Experience: 12+ years of progressive asset management experience in utility scale renewable energy and/or energy storage, including people leadership and portfolio level accountability.

Additional Skills, abilities & knowledge:

• Demonstrated ability to model Vesper's values, Accountability, Respect, Courage, Collaboration, and Continuous Improvement, throughday-to-daybehaviors (e.g., flags risks early, communicates directly, involves the right stakeholders early, and documents and shares learnings).
• Demonstrated ability to set clear strategy and direction for portfolio asset management, including priorities, KPIs,tradeoffs, and operating cadence in a lean, high expectations environment.
• Proven track record deliveringoperations and financialoutcomes, including availability, production, revenue performance, budget adherence, and timely, accurate investor and lender reporting.
• Strong knowledge of utility scale solar and battery storage operations, performance drivers, and operational risk management, including vendor oversight and O&M performance management.
• Deep understanding of wholesale power markets and congestion and nodal pricing concepts, with experience in one or more markets such as ERCOT, CAISO, PJM, or MISO.
• Working knowledge of applicable compliance frameworks and stakeholder requirements, including financing documents, offtake obligations, and applicable reliability and regulatory requirements (as applicable), including NERC and FERC.
• Executive level communication skills, able to synthesize complex operating and market data into clear recommendations, decisions, and concise updates for the CEO and cross-functional leaders.
• Strong contract management capability, including translating contract requirements into operating controls, monitoring, and enforcement with internal and external partners.
• Team builder with experience hiring, developing, and holding leaders accountable, and improving processes and systems that scale (including asset management software).

Key Responsibilities

• Set and execute the asset management strategy for the operating portfolio, including clear performance targets, reporting standards, and an operating rhythm that drives accountability and fast issue resolution.
• Lead, build, and develop a high performing asset management and operations team, establishing clear roles, decision rights, and measurable goals aligned to portfolio outcomes.
• Design and maintain a scalable asset management operating system, including standard processes for performance monitoring, outage and event management, vendor governance, root cause analysis, and corrective action tracking.
• Own portfolio performance monitoring and reporting, including production, availability, degradation, curtailment, and outages, and drive corrective actions that improve forecast accuracy and realized results.
• Manage onsite plant operations and O&M providers to oversee operating performance, maintenance strategy, and safety and compliance alignment, and ensure issues are prioritized based on risk, cost, and value.
• Manage contractual compliance across key agreements (including offtake, O&M, warranties, interconnection related obligations, and financing requirements), escalating material risks early and driving cross functional resolution.
• Lead investor, lender,offtakerand stakeholder reporting for operating assets, ensuring reporting is accurate, timely, decision useful, and supported by consistent definitions and controls.
• Partner with Finance and Accounting on budgets, accruals, reserve and major maintenance planning, and financial statement review inputs, ensuring operational drivers and variances are well understood and communicated.
• Drive disciplined handoffs from development, finance, and construction into asset management, ensuring documentation, data, system setup, and operational readiness are complete before commercial operations.
• Support acquisitions and strategic transactions by leading operational and performance diligence, identifying key risks, cost and revenue opportunities, integration needs, and post close value creation plans.