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Director Distressed Asset Management Jobs (NOW HIRING)

Energy Vault

Director, Asset Management

The Director of Asset Management is responsible for overseeing the performance, reliability, and commercial success of utility-scale Energy Storage Systems. This role ensures the assets operate ...

Neoscape, Inc.

Director of Asset Management

Cambridge, MA · On-site

$150 - $175/hr

Asset Management at HRI The Director of Asset Management will oversee HRI's diverse and complex portfolio of multifamily housing and commercial properties. This individual will ensure that HRI ...

New

Neoscape, Inc.

$150 - $175/hr

Asset Management at HRI The Director of Asset Management will oversee HRI's diverse and complex portfolio of multifamily housing and commercial properties. This individual will ensure that HRI ...

New

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Director Distressed Asset Management information

What is the difference between Director Distressed Asset Management vs Asset Manager?

AspectDirector Distressed Asset ManagementAsset Manager
CredentialsTypically requires advanced degrees (MBA, finance) and industry certificationsOften requires a bachelor's degree, with some roles preferring certifications like CFA
Work EnvironmentLeads teams, makes strategic decisions, and manages distressed asset portfoliosManages asset portfolios, analyzes investments, and reports to senior management
Industry UsageCommon in banking, private equity, and real estate sectors dealing with distressed assetsWidely used across investment firms, banks, and real estate companies

The main difference between a Director of Distressed Asset Management and an Asset Manager lies in their focus and responsibilities. The Director oversees distressed assets, making strategic decisions and managing teams, while the Asset Manager handles day-to-day portfolio management and analysis. Both roles require financial expertise, but the director's role is more strategic and leadership-oriented.

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Director Distressed Asset Management jobs near you

Director, Asset Management

Energy Vault

Remote

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 13 days ago

Job description

Our Company
Welcome to Energy Vault® (NYSE:NRGV), a global energy storage and power infrastructure company focused on owning, operating, and enabling resilient, dispatchable energy assets.
Energy Vault's focus is to deliver reliable, flexible power that supports the evolving needs of modern grids, communities, and large energy users. Since 2024, the Company has centered its strategy on an Independent Power Producer (IPP) model, developing, building, owning, and operating critical energy assets around the world.
Energy Vault operates globally, with headquarters in Westlake Village, California and Lugano, Switzerland, and regional development across North America, Europe, Asia, and Australia. The Company partners with utilities, grid operators, and large energy consumers to deliver infrastructure that strengthens grid reliability, enables renewable integration, and supports long-term energy security.
By combining asset ownership with advanced technologies and integration expertise, Energy Vault is building the next generation of critical energy infrastructure, delivering dependable power when and where it matters most.
Learn more at www.energyvault.com, explore recent updates in our Newsroom, and connect with us on LinkedIn, X, Facebook, Instagram, Vimeo, or YouTube.
Our Values
We Commit: To Building a Better Future for Earth and All Its Beings.
We Innovate: Cutting Edge Solutions to Accelerate the Unique Energy Aspirations of Our Clients.
We Connect: To Build Genuine Relationships.
We Deliver: Going Above & Beyond by Being Fast & Nimble.
We Lead: With Authenticity and Purpose.
Your Impact as a Director, Asset Management:
The Director of Asset Management is responsible for overseeing the performance, reliability, and commercial success of utility-scale Energy Storage Systems. This role ensures the assets operate efficiently, meet performance and compliance targets, and deliver expected returns throughout their lifecycle. The Asset Manager will serve as the key liaison among internal stakeholders, O&M providers, QSEs, off-takers and utility partners.
Your Mission:
Compliance & Reporting
  • Ensure compliance with ERCOT, NERC, and local regulatory requirements.
  • Manage contracts for NERC registration and compliance services and periodic ERCOT testing.
  • Maintain accurate and auditable records of operational events, tests, and maintenance.
  • Assist in preparing asset reports for internal stakeholders, investors, and regulators.

Commercial Optimization
  • Coordinate with distribution service provider, ERCOT, QSE and offtake partners to validate operational revenues and cost.
  • Ensure all invoices and revenue/cost statements are accurate and ensure timely payment (including, Property tax, offtake revenue, Aux energy cost etc.).
  • Support forecasting, budgeting, and revenue modelling activities.

Operations & Maintenance
  • Work closely with internal and external O&M providers to schedule preventive and corrective maintenance and BESS testing.
  • Review and manage service agreements, warranty obligations, and long-term service plans.
  • Ensure all maintenance activities are properly documented and reported.

Transition and Stakeholder Support
  • Support project handoff from construction to operations, ensuring asset readiness.
  • Serve as the primary point of contact for asset-related inquiries and issues.

Asset Performance Management
  • Monitor operational performance of BESS assets via EMS/SCADA systems.
  • Identify underperformance or anomalies and coordinate resolution with field and OEM teams.

Your Background:
  • Bachelor's degree in Engineering, Energy, Business, or a related field.
  • 9+ years of experience in asset management, operations, or performance monitoring in the energy sector (BESS or renewables preferred).
  • Over 3 years of experience managing NERC Bulk Electric System (BES) compliance activities.
  • Strong understanding of financial and commercial aspects of energy storage projects.
  • Proficiency in data analysis, financial modeling, and performance reporting.
  • Working knowledge of SCADA, EMS systems.
  • Familiarity with ISO markets (ERCOT, CAISO, PJM, etc.) and revenue strategies.
  • Strong data analysis, reporting, and communication skills.
  • Proficient in Microsoft Office, with familiarity in asset management platforms.
  • Willingness to travel domestically and/or internationally, up to 25%.
  • Comfortable thriving in fast-paced, rapid growth environments.
  • A passion for sustainability, our mission, and our vision is a bonus!
  • Must successfully pass a pre-employment background check.
  • Energy Vault participates in E-Verify.

Benefits of Powering the Future with Energy Vault:
  • Annual bonus plan.
  • Restricted Stock Units (RSUs).
  • 401K employer matching.
  • Comprehensive medical, dental, and vision plans for employees and family.
  • Flexible Spending Account.
  • Company-paid Life insurance, Short- and Long-term disability insurance.
  • 8-weeks for Paternity leave.
  • Generous holiday allowance.
  • Flexible time off plus sick leave.
  • Reimbursement for home office equipment, phone, and internet expenses.

#LI-remote #LI-JW1
Join Us in Empowering Change
At Energy Vault we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants. We believe inclusion creates opportunity for collaborative excellence through diversity of thought. We invite individuals of all genders, races, identities, ethnicities, sexual orientations, national origins, abilities, protected veteran status, religions, educational and socioeconomic backgrounds to explore employment with our organization.
Apply now and become a catalyst for change at Energy Vault!

Apply