Clean Energy Infrastructure APAC Asset Management

Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future. For more information about the firm please visit our website at www.Nuveen.com

Overview of the Role:

The APAC Asset Manager  will be the ultimate responsible for the commercial and operational performance of an asset, overseeing all activities and acting as the central contact point for internal and external stakeholders for selected APAC countries. The ideal candidate will drive and manage all aspects concerning operations and asset management of the projects. The ideal candidate will be willing to expand their technical, legal and commercial skills to support the growth of the company. In addition, this specific role gives the opportunity to become part of the Asset Management team, managing a specific portfolio of assets and learning best in class commercial and operational asset management skills.

Key responsibilities will include:

• Commercial management of a portfolio of renewable assets (photovoltaic, offshore wind, batteries, hybrid projects, or any other technology that is suitable for investment within the fund’s investment scope), either under development, construction or operation, across in selected APAC markets.
• Management of Commercial and Technical Management Agreement providers. Oversight and enhancement of the asset’s performance.
• Coordination and oversight of different workstreams relating to the asset together with other AM departments (including the Fund Finance Team, the Head of Revenues, technical team, development unit), the Investment Team and the Divestment Teams.
• Oversight and coordination of the preparation of the asset’s budget (alongside internal and external stakeholders) and ongoing actual versus budget appraisal process (monthly)
• Update of rolling cash forecasts to identify potential cost overrun or upside, and management of funding of projects in collaboration with the Fund Finance team.
• Implement best in class practices, validating the monthly closures, invoicing, and payment supervision. In the short term this will be a hands on job.
• Oversight and coordination during preparation of the annual accounts and the audit processes across the holdco and trading entites (end to end)
• Management of the distributions to investors from the asset perspective.
• Management of cash calls / Drawdowns to fund investments and / or opex / capex / devex across portfolio
• Management of the financing agreements and compliance with all the corresponding undertakings from the project side
• Tax oversight across regional portfolio
  • Manage tax advisors
  • Oversight of asset tax compliance with the support of external contractors
  • Support delivery of asset transfer pricing exercises if applicable
  • Support Central team in London with the annual Tax assurance process
• Act as Asset Management Representative in new transactions as part of the Deal Team and together with other members of the Asset Management Team and the Investment Team.
• Take over responsibility of new investments from the Investment Team and integrate in the existing portfolio from an operational, legal, accounting, tax, financial and modelling point of view.
• Support monthly/quarterly reporting: control and analysis of performance of operating assets against approved budgets and P&L. Detailed analysis will include production figures, liquidated damages and insurance claims, and any imbalance in Opex.
• Support delivery of monthly/quarterly asset management report. Collect, review and provide all appropriate information required by the Asset Management Committee (AMC) in relation to the fund portfolio. Additionally, produce comprehensive reports to the AMC and investors on the performance of the operating assets, and any ad hoc requests.
• Support the development of best-in-class reporting standards.
• Support the Fund Finance team e.g. investor reporting commentary, downstream/upstream cashflow management, cashflow planning and reporting, local holding structure deal support.
• Support the Investors Relations team with investor queries.
• Oversight and coordination of preparation of financial reporting
• Use of the portfolio reporting tool to identify asset level performance and issues

Qualifications & Experience Required

• Minimum 5 years relevant working experience in commercial asset management or project management
• Financial knowledge of renewable energy projects
• Technical knowledge of different renewable technologies is desirable
• Hybrid interest in commercial and technical aspects of asset management
• Transaction experience desirable (from origination to execution)
• Financial modelling experience required
• Experience with Project finance documentation required
• Relevant experience of power industry required
• Fluent in English required and fluent in Korean highly desirable.

 

Competencies Required

• Outstanding analytical skills and strong numerical reasoning.
• Excellent attention to detail.
• Ability to work in both a team environment and independently taking ownership for your area of responsibility.
• Strong oral and written communication skills, and proven ability to present regularly to senior level employees, as well as delivering presentations to a broader population of employees.
• Experience of working across a global business and maintaining relationships with colleagues in different jurisdictions.

Additional Information

This role requires no regulatory designation.

Nuveen is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace.

Nuveen offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities. Please contact ta@nuveenglobal.com should you require any assistance.

Related Skills

Asset/Investment Modeling, Clean Energy Acumen, Collaboration, Detail-Oriented, Due Diligence, Financial Analysis, Infrastructure Investments, Negotiation, Prioritizes Effectively, Problem Solving, Stakeholder Engagement

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Company Overview

Nuveen is a global investment leader, managing public and private assets for clients around the world and on behalf of TIAA, our parent company and one of the world’s largest institutional investors. We invest in the growth of businesses, real estate, infrastructure and natural capital, providing clients with the reliability, access and foresight unique to our heritage. Our prevailing perspective on the future drives our ambition to innovate and adapt our business to the changing needs of investors - all to pursue lasting performance for our clients, our communities and our global economy. Visit www.nuveen.com to learn more about us.

Our Culture of Impact

At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways—because when our people succeed, our impact on clients' lives grows stronger.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities. 

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team: 

Phone: (800) 842-2755

Email: accessibility.support@tiaa.org

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