Senior Director, Asset Management

lightsource bp • Austin, TX

112d • $180,000 - $200,000

About The Position

We are Lightsource bp – and we’re on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development. For over a decade we’ve been actively working to diversify the way our world is powered with sustainable and responsible renewable power. We work to safely deliver affordable, reliable, large-scale onshore renewable and energy storage solutions to help the world decarbonize. Our growing business is constantly innovating and investing to help drive the energy transition. Our people and projects are focused on supporting long-term sustainable growth and energy security. Lightsource bp was fully acquired by bp in 2024.

Requirements

• Demonstrate a high level of expertise in overseeing utility scale plant operations, preparation of finance & technical reporting, and contract & regulatory compliance management.
• Strong background in managing complex deal structures (debt, tax equity, BL debt, 3rd party owners, and co-investors).
• Familiarity with various offtake arrangements and management of associated shape, weather, and basis risk. DA-RT optimization experience preferred.
• Experience managing utility scale solar plants in ISOs; ERCOT and PJM highly preferred.
• Experience with executive-level P&L accountability and direct board/investor reporting.
• Experience implementing operational improvements that materially increase asset value.

Nice To Haves

• Bachelor’s degree in Engineering, Finance, Business Administration, or related field; advanced degree (MBA/MSc) strongly preferred.
• 10+ years in the energy or infrastructure sector with at least 5 years in leadership, managing large, complex renewable portfolios within utility scale renewable power generation in US markets.
• The ideal candidate worked for financial investors active in the renewable space internationally, and an IPP or a vertically integrated developer.

Responsibilities

• Serve as Portfolio Lead with overall accountability for life-cycle performance of LSbp’s US solar portfolio, ensuring assets meet or exceed financial, operational, contractual, and ESG objectives.
• Champion asset optimization programs, performance analytics, and market participation strategies that maximize revenue and minimize operational and market risk.
• Maintain a deliberate 'outside the fence' perspective — ensuring contracts, commercial arrangements, revenues, and investor relationships are actively managed and optimized.
• Oversee all material contract management, including PPAs, O&M agreements, interconnection agreements, land leases, financing covenants, and partnership agreements.
• Lead, coach, and inspire a multi-layer Asset Management team, managing workloads, setting priorities, and fostering a high-performance, positive culture.
• Build organizational capacity by hiring strategically, creating technical and leadership development plans, and promoting knowledge sharing across teams.
• Oversee accountability frameworks to clarify roles between Asset Management, Finance, AP, Investment Management, and Power Marketing — eliminating duplication of effort.
• Represent Lightsource bp in multi-project negotiations, strategic divestments, asset sales, investor relations, and high-value commercial agreements.
• Act as the senior escalation point for complex disputes, ensuring issues are resolved strategically and in the company’s best interest.
• Maintain strong relationships with key external stakeholders: equity partners, lenders, regulators, ISO/RTO operators, offtakers, landowners, and communities.
• Lead due diligence for portfolio financing, refinancing, acquisitions, sales, and joint ventures, integrating operational, technical, and commercial perspectives into deal structures.
• Partner with Development, Construction, Finance, and Legal to ensure smooth transition of assets from build/acquisition into stable operations.
• Spearhead growth of Lightsource bp’s Asset Services business, identifying new market opportunities, engaging with prospective clients, and developing differentiated service offerings.
• Position LSbp as a trusted leader in renewable asset management, both in the US and globally.
• Implement technology and process transformation initiatives to improve cash/liquidity visibility, reporting automation, ERP (SAP/IFS) capabilities, and portfolio analytics.
• Standardize construction-to-operations handovers, ensuring warranty protections, remediation, and quality assurance are delivered on time.
• Automate investor reporting, P&L management, and payment workflows to free senior team capacity for higher-value strategic activities.

Benefits

• Competitive compensation: $180,000 to $200,000 annually plus a 30% annual bonus.
• Health, dental, prescription, and vision care for US team members starts on your first day of employment with zero premiums for employee-only coverage.
• Retention bonuses.
• Four weeks of vacation and three weeks of sick leave annually plus 11 paid holidays.
• 401(k) plan, with a 3% nonelective employer contribution.
• Hybrid working environment (Tuesday, Wednesday & Thursday in office, Monday and Friday remote).
• Monthly personal phone bill reimbursement of up to $100 and a monthly commuter benefit of up to $150.
• Lifestyle Savings Account and more!

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees