AMD, GSAM, Renewable Power, O&M, Associate

Location(s) US-FL-West Palm Beach
Job ID
2021-75524
Schedule Type
Full Time
Level
Associate
Function(s)
General
Region
Americas
Division
Asset Management
Business Unit
Renewable Power Group
Employment Type
Employee

MORE ABOUT THIS JOB

GSAM

Goldman Sachs Asset Management (GSAM) is one of the world’s leading investment managers. GSAM provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies.  We help our clients navigate today’s dynamic markets, and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world’s leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices.

 

OUR IMPACT

The Renewable Power Group (“RPG”) is a rapidly growing team which invests client capital in clean energy assets, including solar, storage and wind. The team sits within Goldman Sachs Asset Management (“GSAM”) Credit Alternatives, a boutique investment platform with approximately $8 billion under management.  RPG benefits from an experienced team of industry veterans and significant financial backing, which has resulted in meaningful growth since the team was founded in 2017. We have long-term plans to be among the world’s largest owners and operators of clean energy assets.

 

RESPONSIBILITIES AND QUALIFICATIONS

YOUR IMPACT 

You will play an instrumental role on the team sourcing, evaluating, structuring, and managing investments in renewable energy assets. You will be given significant responsibility across the full deal lifecycle, and be exposed to high-profile transactions within a growing, entrepreneurial business.

 

Key Responsibilities include:

  • Lead the development, implementation, and maintenance of policies and procedures for operations and maintenance of the RPG portfolio
  • Identify and establish relationships with key O&M service providers both regionally and nationally
  • Oversee service provider compliance with O&M agreements including, but not limited, to field activities, reporting, inventory management, performance monitoring and other contractual service level agreements
  • Support portfolio management team on technical issues negatively affecting the portfolio by driving resolution with O&M service providers
  • Facilitate operational changes as necessary to improve profitability, coordinating effective O&M processes throughout the organization
  • Manage, prioritize and drive resolution on complex technical issues and major repairs
  • Support business development and on-boarding teams on O&M matters pertaining to acquisition transactions and on-boarding of assets into the portfolio
  • Manage and drive negotiation of O&M agreements with key O&M providers, as well as the vetting and on-boarding of new providers
  • Other duties as may be required

Experience and Skills:

  • Minimum of five (5) years of experience in operations of solar PV assets, with focus on operations and maintenance
  • Engineering, business, finance or otherwise relevant bachelors' degree. MBA or equivalent advanced technical degree would be plus.
  • Strong understanding of operation and management of solar PV and BESS assets
  • Sufficient technical expertise in solar photovoltaics to be able to successfully carry out key responsibilities of the position, experience with BESS systems would be plus
  • Baseline understanding of business and financial matters
  • Excellent interpersonal and written and verbal communication skills
  • Ability to effectively engage external stakeholders in discussions and negotiations pertaining to asset operations and O&M engagements
  • Excels in planning and organization of tasks and is able to execute on plans
  • Highly driven, motivated and self-starter that excels in a team environment
  • Strong disposition to follow corporate rules and guidelines
  • Flexibility to perform other tasks that are not part of the position's core responsibilities
  • Strong skills with Microsoft Office tools and other relevant technology platforms

ABOUT GOLDMAN SACHS

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html



© The Goldman Sachs Group, Inc., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity