Director, Utility Asset Management

Quality Technology Services•Irving, TX

About The Position

The Director of Asset Management will play a critical role in leading and overseeing the operational functions of utility infrastructure. The role will interface and collaborate with critical stakeholders including but not limited to: substation and data center design engineering, DCIM, Security, Development, and Facility Operations. The role will be responsible for operational management of 10+ sites across multiple states within the US and internationally, with total asset value above $500M. This is a management position tasked with building positive working relationships with team members, customers, partners, company affiliates, owners, investors, and other stakeholders. ESSENTIAL DUTIES AND RESPONSIBILITIES - Other duties may be assigned. Provide leadership and support to the Asset Management team including oversight and creation of annual Asset Management budget and monitoring actual performance against budget. Track utility asset performance against original planned goals and objectives and financial and operational goals. Collaborate with the Facility Operations team to develop strategic plans to achieve both our owners' and investors' financial and investment goals. Collaborate with the Facility Operations team to perform regular reviews of portfolio properties and ensure physical aspects of the portfolio meet owner, lender, and investor requirements. Assist in the development and monitoring of compliance programs as needed. Support Facility Operations during planned and unplanned outages with technical guidance and management of third-party utility O&M providers. Provide assistance with associated warranty claims against OEM and EPC providers as needed. Manage quality programs required for OFCI utility equipment. Review and advise on organizational documents, agreements, and contracts to ensure document accuracy, protection of company interests, and legal, tax, and other regulatory compliance. Provide ongoing portfolio analysis and recommendations as needed, including income, expenses and capital projects. Collaborate with HR to optimize recruitment, training, compliance, performance management, compensation, and company culture, ensuring strong employee relations and organizational effectiveness. Ensure monthly, quarterly, and annual reporting requirements are met for owners, lenders, investors, and government entities. Prepare annual budgets for all portfolio properties and entities. Stay abreast of outstanding operational and management issues across the portfolio. Lead preventative maintenance program to ensure assets within the supervised portfolio meet company requirements. Review and understand management agreements and other related documents pertaining to existing and new or proposed projects and provide input as requested.

Requirements

Ten or more years of utility or other energy-related asset management.
Four or more years of people leader experience.
Four or more years of experience operating high voltage substations.
Demonstrated experience working directly with executives and collaborating effectively across all levels of the organization.
Experience managing an extensive portfolio of work across large regions.
Able to travel up to 50% of the time or as needed to support relationship-building and team management.
Proven leadership and decision-making skills, strong business and strategic planning capability, excellent communication skills, and the ability to apply analytical, problem-solving, and critical thinking skills in a fast-paced, changing, and growing environment.
Ability to motivate and persuade others to drive organizational change, experience managing across multiple departments, and the attention to detail required to manage both projects and people within established timelines.
Focused on all aspects of Substation and Power Generation asset management, including accounting, finance, operational management, asset management, information technology, and human resources.

Nice To Haves

Master’s degree in engineering, Construction Management, Business Administration, or comparable experience.
Fifteen or more years of utility or other energy-related asset management.
Six or more years of people leader experience.
Experience managing large energy assets (100+ MW).
Established relationships with leading utility partners and O&M providers.
Demonstrated ability to negotiate MOMA agreements >$25 million in value.

Responsibilities

Provide leadership and support to the Asset Management team including oversight and creation of annual Asset Management budget and monitoring actual performance against budget.
Track utility asset performance against original planned goals and objectives and financial and operational goals.
Collaborate with the Facility Operations team to develop strategic plans to achieve both our owners' and investors' financial and investment goals.
Collaborate with the Facility Operations team to perform regular reviews of portfolio properties and ensure physical aspects of the portfolio meet owner, lender, and investor requirements.
Assist in the development and monitoring of compliance programs as needed.
Support Facility Operations during planned and unplanned outages with technical guidance and management of third-party utility O&M providers.
Provide assistance with associated warranty claims against OEM and EPC providers as needed.
Manage quality programs required for OFCI utility equipment.
Review and advise on organizational documents, agreements, and contracts to ensure document accuracy, protection of company interests, and legal, tax, and other regulatory compliance.
Provide ongoing portfolio analysis and recommendations as needed, including income, expenses and capital projects.
Collaborate with HR to optimize recruitment, training, compliance, performance management, compensation, and company culture, ensuring strong employee relations and organizational effectiveness.
Ensure monthly, quarterly, and annual reporting requirements are met for owners, lenders, investors, and government entities.
Prepare annual budgets for all portfolio properties and entities.
Stay abreast of outstanding operational and management issues across the portfolio.
Lead preventative maintenance program to ensure assets within the supervised portfolio meet company requirements.
Review and understand management agreements and other related documents pertaining to existing and new or proposed projects and provide input as requested.