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Director, Energy Portfolio Operations

Director, Energy Portfolio Operations

Convergent Energy and PowerUS
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This is a fully remote role for candidates who are based outside of the New York Metropolitan area. For those located in the area, we encourage you to consider our hybrid work arrangement (1-2 days a week in our NYC office). That said, we value flexibility and if you have a different preference, please do not let that deter you from applying – let’s talk about it!

Applicants must be authorized to work for any employer in the United States or Canada. We are unable to sponsor or take over sponsorship of any employment-based visas at this time.

Energy storage is the key to unlocking a future where our world is powered by renewable resources. At Convergent Energy and Power, our mission is to make the electrical grid cleaner, more reliable, and less expensive by leveraging state-of-the-art energy storage and distributed generation technologies.

The Director, Energy Portfolio Operations, drives the performance and optimization of Convergent’s portfolio of energy storage and renewable energy assets. This role oversees cross-functional issue resolution, portfolio tracking and forecasting, and owns the reporting and analysis supporting customer invoicing.

This is an individual contributor role and therefore does not have any direct reports, but will exercise informal mentorship and guidance to junior level staff.

What You’ll Do

Portfolio Strategy & Optimization (30%)

o   Lead analyses of market conditions, operational data, and contract structures to optimize revenue and minimize costs of the operating portfolio.

o   Interpret the structure, prices, tariffs, and programs in specific energy markets to model, forecast, and optimize the performance of our BESS and PV fleet.

o   Monitor evolving market regulations and contractual obligations, proactively adjusting strategies to maintain compliance and mitigate risks.

o   Collaborate with senior leadership to align reporting, operational objectives, and long-term portfolio strategies with overall company goals.

Financial & Operational Modeling and Reporting (30%)

o   Develop and maintain complex financial models for forecasting P&Ls and evaluating assets guiding both short-term and long-term portfolio strategies.

o   Establish and maintain performance dashboards that track revenue, costs, and operational metrics across the portfolio.

o   Oversee the creation and review of all reports, tools, and analyses required for customer invoices, ensuring accuracy, timeliness, and adherence to contract terms including LD, penalties, performance metrics, and SLAs.

Team Leadership & Cross-Functional Collaboration (25%)

o   Lead and facilitate issue-resolution sessions with Operations, Finance, Engineering, and other teams, ensuring critical bottlenecks are identified and resolved.

o   Provide guidance, training, and oversite to a small team of analysts, sharing best practices in data analysis, modeling, contract interpretation, and market research.

o   Serve as the primary liaison for third parties such as community solar agents and market participants to ensure they align with Convergent’s strategic priorities.

Continuous Improvement & Strategic Initiatives (15%)

o   Contribute to building a culture of continuous improvement of analytical methodologies, tools, and processes across the organization

o   Utility Player : Demonstrate ownership, project management, resourcing, and resolution of ad hoc assigned projects across multiple disciplines pertaining to the company’s operating portfolio.

Requirements

Required Qualifications

o   Bachelor’s degree in Finance, Economics, Engineering, Mathematics, or a related field.  Advanced degree or MBA is a plus.

o   5-10 years in analyzing and modeling diverse aspects of electricity markets, energy markets, tariffs, and regulatory frameworks.

o   Demonstrated success in building complex financial and operational models, with a thorough understanding of debt structures and energy market drivers.

o   Advanced Excel modeling and proficiency in at least one programming language (e.g., Python, R, MATLAB).

o   Strong familiarity with electricity markets, tariffs, revenue streams, regulatory frameworks, and energy market participation processes.

o   Excellent written and verbal skills, with an ability to distill complex information into clear recommendations for technical and non-technical audiences.

o   Capable of guiding and mentoring junior team members; proven track record of leading projects or initiatives.

o   Adept at identifying opportunities for value creation and process improvement across the asset portfolio.

o   Able to manage multiple projects with precision in a fast-paced environment.

o   Familiarity with renewable energy project structures (PV, BESS) and associated commercial / regulatory considerations.

o   Alignment with Convergent’s mission and values : Continuous Improvement, Diversity Equity and Inclusion, Ethical Governance, Safety, Sustainability, Collaboration, Ownership, Resilience, and a strong interest in the Clean Energy Transition.

o   5% travel expected, primarily for team events and company-wide meetings.

Preferred Qualifications

o   Familiarity with market participation rules and procedures for energy assets.

o   Experience using Machine Learning libraries to identify patterns and evaluate operational strategies using large data sets.

Benefits

We're dedicated to fostering a welcoming and inclusive culture that prioritizes the safety and well-being of all our clean energy professionals. We embrace and learn from our diverse backgrounds, encouraging open dialogue and growth. Through resources like our active Employee Resource Groups, DEI Working Group, and comprehensive training and workshops, we're continuing to build a supportive community that celebrates the convergence of our identities.

Our priority is to ensure that every team member feels valued and supported to have a healthy balance between work life and personal life. We believe a full life outside of the office makes for a happier, healthier team. We support that by offering robust benefits such as but not limited to, the following :

  • Medical, Dental, and Vision insurance
  • Vacation, Sick, and Volunteer days
  • 401K with an employer safe harbor match
  • Special Vendor Discounts on programs for :
  • Identity theft and fraud prevention

Base Salary Range : $160,000-$180,000; Salary Commensurate with Qualifications and Experience.

We encourage people from minority or marginalized groups to apply. If you don’t meet 100% of the above qualifications, but see yourself contributing, please submit an application.

Convergent is an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, height, weight, or any other characteristic protected by applicable laws, regulations, and ordinances. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements in the country where we operate. If you need assistance and / or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to talent@convergentep.com

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Director Portfolio • US

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