About Climate United
Climate United will use funding from the EPA under the Inflation Reduction Act to rapidly deploy low- and zero-emission products, technologies, and services to all American communities in order to (1) reduce GHG emissions and other forms of air pollutants; (2) bring direct benefits to American communities in the form of energy security, energy savings, cleaner air, and quality jobs; and (3) transform the capital markets so they can drive an equitable clean energy transition at scale. Visit Climate United (weareclimateunited.org) for more information. Climate United will focus its investments in Distributed Power Generation and Storage, Building Decarbonization and Electric Transportation. Calvert Impact, Inc., a 501(c)(3) nonprofit (“Calvert Impact”), is the sole member of Climate United. The successful candidate will be employed by Calvert Impact or one of its subsidiaries.
Job Description
Climate United Fund, a 501(c)(3) nonprofit (“Climate United”), is seeking a full-time Director of Asset Management to oversee the effective management and optimization of our distributed generation and storage, building decarbonization, and electric vehicle portfolios. As a key member of the Investments team, the Director will play a pivotal role in shaping and executing Climate United's portfolio strategy, ensuring impactful deployment of capital to drive greenhouse gas reduction in underserved markets.
Preferred Location: We strongly prefer candidates in the New York or Washington, DC metro areas.
Key Responsibilities
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Strategy Implementation: Lead the development and implementation of asset management strategies and structures aligned with Climate United's sectoral target markets and investment objectives.
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Portfolio Oversight: Oversee the ongoing performance, risk management, and optimization of Climate United's renewable energy and decarbonization portfolios, ensuring alignment with program objectives, investment strategy, and compliance requirements.
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Asset Monitoring and Reporting: Establish robust systems for monitoring and reporting on portfolio performance metrics, financial health, and environmental impact, providing timely insights and recommendations to senior leadership.
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Risk Management: Develop and implement comprehensive risk management frameworks, including proactive identification of emerging risks, stress testing, and mitigation strategies.
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Relationship Management: Cultivate strong relationships with partners, borrowers, investees, and other stakeholders, fostering transparent and collaborative partnerships to drive positive outcomes.
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Asset Optimization: Identify opportunities for asset optimization, including refinancing, restructuring, and asset enhancements, to optimize financial returns and environmental impact.
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Team Leadership: Provide strategic direction and leadership to the asset management team, fostering a culture of excellence, innovation, and continuous improvement.
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Compliance and Governance: Ensure adherence to all regulatory requirements, internal policies, and industry best practices, driving excellence in compliance and governance standards.
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Industry Engagement: Stay abreast of industry trends, market dynamics, and emerging opportunities, representing Climate United at industry forums, conferences, and networking events.
Required Qualifications
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A deep commitment to inclusive greenhouse gas reduction and a track record of driving impactful change in the renewable energy and decarbonization sectors.
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7+ years of experience in asset management, renewable energy finance, structured finance, or project finance, with a focus on portfolio optimization and risk management.
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Proven leadership and team management skills, with a track record of building and motivating high-performing teams.
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Strong analytical and strategic thinking skills, with the ability to translate complex data and insights into actionable strategies and recommendations.
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Excellent communication skills, with the ability to effectively engage and influence internal and external stakeholders at all levels.
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Demonstrated ability to thrive in a dynamic, fast-paced environment, with a solutions-oriented mindset and a collaborative approach to problem-solving.
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Bachelor's degree in finance, business administration, or a related field; advanced degree or professional certifications (CFA, CAIA, etc.) preferred.
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Willingness to travel as required to support portfolio management activities and engage with stakeholders.
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Passionate about the mission and work of Climate United, Calvert Impact, and committed to justice, equity, diversity, and inclusion.
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Willingness to travel up to 30%, primarily within the US, and ability to work from the Washington, DC area or be willing to come into the office quarterly for team collaboration.