Director - Portfolio Mangement

THE COMPANYHASI (NYSE: HASI) is a leading climate positive investment firm that actively partners with clients to deploy real assets that facilitate the energy transition. With more than $12 billion in managed assets, our vision is that every investment improves our climate future. For more information, please visit www.hasi.com.
Position Summary  HASI is seeking an experienced portfolio management professional in the renewable energy sector to join our Portfolio Management team in Annapolis, MD.    The Director of Portfolio Management (PM) will manage several of HASI’s investments in utility-scale renewable energy (“Grid Connected”), distributed generation (“Behind the Meter”), and/or new and emerging areas (“Fuels, Transport, and Nature”).  The Director PM will play a pivotal role in ensuring that HASI’s portfolios are able to deliver on their performance targets by leading value optimization initiatives, solving problems, monitoring and managing risks, establishing and measuring key portfolio indicators (KPIs) to proactively understand performance, and maintaining strong and collaborative relationships with clients.  The Director PM will have the P&L ownership for the specific portfolios being managed which includes, in addition to the above, the responsibility for the forecasting and tracking of portfolio cash flows on a monthly basis, providing frequent (monthly/quarterly) performance updates to management and external investors, and ensuring seamless portfolio management cross-functionally with the Investment, Legal, Accounting, and Treasury teams. 
 Education and Prior Work Experience  At least 10 years of overall professional experience, with at least 10 years’ experience in investing, financing, and/or portfolio management in the North American renewable energy sector, with a focus on wind, solar, renewable natural gas, electric transportation, energy efficiency, and/or other sustainable infrastructure.Bachelor’s degree in a business or technical discipline (i.e. engineering or finance/business). Relevant Master’s degree, CFA or other certification is preferredDemonstrated team leadership and management skills  
Responsibilites  The Director PM will directly or indirectly lead a team of analysts and managers responsible for maximizing the financial performance of HASI’s portfolio investments. Maintaining a deep understanding of the underlying project assets and investment structures (financial, technical, and contractual)The Director PM should be deeply familiar with the deal documents, governance rights, HASI’s rights/obligations, and financial models of the portfolios they are leadingAct as the lead on investment restructurings, workouts, modifications, and dispositions.  Associated commercial responsibilities include, but are not limited to, leading the internal cross-functional team across the enterprise to achieve the desired outcomes, assessing the corresponding value and risk, negotiating terms with counterparties, and reviewing/recommending the sign-off on final deal documents.  The Director PM will be responsible for ensuring such efforts create value, reduce risk, and enhance HASI’s credibility and position with clients and counterpartiesProvide and manage financial modeling and other necessary support for valuation updates to existing portfolios, creation of new models for restructuring activities, and support the internal accounting and treasury teams for corporate reporting requirements and cash flow forecastingAct as primary liaison with the asset management teams with HASI’s external stakeholders - sponsors (owner/operators) and lenders/co-equity investorsSupport due diligence on new investments including, but is not limited to, reviewing key commercial contract terms and working with the Investment Team to negotiate acceptable outcomes, opining on revenue and expense assumptions, and analyzing the underlying market and regulatory value drivers and risks of the investmentProvide feedback to the Investment Team leveraging the experience gained from the existing portfolio to strengthen future underwritingManage the maintenance of investment data in software systems on an ongoing basisMonitor and analyze operating and financial performance across the portfolio, and conduct variance analysis of project and investment performance    Establish and measure key metrics that can act as early indicators of portfolio performance, value, and risks   Develop reports and dashboards, as appropriate, to depict portfolio performance (KPIs), financial metrics, and expected cash flowsSupport compliance monitoring which includes tracking and recording sponsor and investor communications and compliance calendar, project contract compliance, insurance,  and regulatory  Enhance commodity and environmental attribute tracking intelligence (including pricing, basis, congestion, curtailment trends) and support strategies for portfolio optimization Understand a