Portfolio Manager

Reposted 9 Days Ago
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Brooklyn, NY, USA
In-Office
150K-170K Annually
Senior level
Information Technology • Renewable Energy
The Role
The Portfolio Manager oversees compliance, reporting, and operations for financed projects, coordinating between internal teams and external stakeholders in capital markets.
Summary Generated by Built In

FLSA Classification: Exempt

Salary Range: $150,000 - $170,000 plus bonus

Reports to: VP, Capital Markets

Location: Brooklyn, NY (Hybrid)

About The Company:

NineDot's name derives from the classic mathematical puzzle for sparking out-of-the-box solutions. As a leading community-scale, clean energy developer with a growing portfolio of projects across a range of technologies, NineDot Energy is creating innovative energy solutions that support a more resilient electric grid, deliver economic savings, address environmental justice and reduce carbon emissions. We plan to develop, build and operate more than 400 MW of clean energy systems by 2026 that will strengthen the local power grid infrastructure and provide clean, reliable and resilient power to tens of thousands of New York households and businesses. This is all in support of New York State’s mission to achieve 100% clean energy by 2040.

With the backing of Manulife Investment Management and The Carlyle Group - two of the world’s leading infrastructure investors - NineDot is continuing to expand its core battery energy storage pipeline, deliver enhanced products and services, explore new regions and consider potential acquisitions all to advance the decarbonization of New York’s grid. This is an exciting opportunity to build a platform from the ground-up with a world-class team of developers and innovators.

Job Summary

The Portfolio Manager will play a critical role within the Capital Markets team, overseeing ongoing compliance, reporting, and operational obligations across the Company’s portfolio of financed projects. This individual will act as a central point of ownership and coordination between internal teams (finance, development, construction, operations, legal) and external stakeholders (lenders, tax equity investors, insurers, and advisors) to ensure all financing and project-level requirements are met.

This role is ideal for a detail-oriented finance professional who thrives at the intersection of capital markets, operations, and compliance in a fast-growing infrastructure platform.

Responsibilities:

Financing Compliance & Reporting

  • Lead compliance with all covenants, reporting obligations, and deliverables under corporate credit facilities, project-level debt, and tax equity agreements
  • Own the preparation and timely delivery of periodic reports (monthly, quarterly, annual), including financial statements, operating reports, compliance certificates, and investor updates
  • Track key dates, milestones, and obligations across all financing agreements
  • Partner with NineDot colleagues to gather required inputs from finance, development, construction, operations, and legal teams

Construction Financing & Capital Deployment

  • Manage and execute draw requests under construction loan facilities, including lender coordination and documentation review
  • Oversee the process of adding new distributed energy projects into existing financing structures (construction debt and tax equity), including satisfaction of conditions precedent
  • Coordinate with internal company stakeholders to ensure readiness for funding milestones
  • Maintain detailed draw schedules and funding trackers

Insurance Management & Compliance

  • Oversee the Company’s insurance program across the project portfolio and corporate level (property, liability, builder’s risk, etc.)
  • Ensure all insurance policies meet requirements under financing agreements and project contracts
  • Track renewals, certificates, and compliance deliverables
  • Identify coverage gaps and coordinate mitigation strategies

Broker & Stakeholder Management

  • Serve as the primary internal point of contact and liaison with the Company’s insurance broker
  • Coordinate with lenders, tax equity investors, and third-party advisors on compliance, reporting, and operational matters
  • Support diligence requests, audits, and ad hoc information needs from financing counterparties

Other duties as assigned

Core Competencies:

  • Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
  • Drives Results - Constantly achieving results, even under tough circumstances.
  • Interpersonal Savvy - Relating openly and comfortably with diverse groups of people.
  • Manages Ambiguity - Operating effectively, even when things are not certain or the way forward is not clear.
  • Nimble Learning - Actively learning through experimentation when tackling new problems, using both success and failures as learning fodder
  • Plans and Aligns - Planning and prioritizing work to meet commitments aligned with organizational goals.
  • Tech Savvy - Anticipating and adopting innovations in business-building digital and technology applications.

Required education and experience:

  • 5+ years of experience in project finance, asset management, or portfolio management within energy, infrastructure, or IPP platforms
  • Strong hands on experience with tax equity structures, construction financing, and project-level debt
  • Experience managing compliance and reporting under complex financing agreements
  • Understanding of insurance requirements for energy or infrastructure projects
  • Highly organized with strong attention to detail and ability to manage multiple deadlines
  • Excellent communication skills and ability to coordinate across internal and external stakeholders
  • Advanced Excel and financial modeling skills preferred

Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

At NineDot Energy, we believe diverse perspectives drive innovation and are the foundation of our success. As such, we do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, age, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.

If you're passionate about this role but don’t meet every qualification listed, we still encourage you to apply. You may be the right candidate for this or other opportunities with us. We’re committed to building a team that reflects a broad range of experiences, backgrounds, and skills.

NineDot Employee benefits include but are not limited to:

  • Medical, dental and vision coverage
  • 5% employer match on your 401k retirement account
  • 20 paid vacation days off, plus 7 sick days, 9 federal holidays and 3 personal floating holidays
  • 12 weeks of 100% paid parental leave for both the primary and secondary caregiver within the first year of birth or adoption
  • Wellness initiatives including a $1,000 stipend
  • 16 volunteer hours plus two planned company-wide volunteer outings per year

Skills Required

  • 5+ years of experience in project finance, asset management, or portfolio management
  • Strong hands on experience with tax equity structures, construction financing, and project-level debt
  • Experience managing compliance and reporting under complex financing agreements
  • Understanding of insurance requirements for energy or infrastructure projects
  • Highly organized with strong attention to detail and ability to manage multiple deadlines
  • Excellent communication skills and ability to coordinate across internal and external stakeholders
  • Advanced Excel and financial modeling skills preferred
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The Company
Brooklyn, New York
45 Employees
Year Founded: 2015

What We Do

NineDot Energy creates innovative energy solutions that make the urban grid cleaner, more equitable, more resilient and less costly. Our current development focus is on building and operating battery storage sites in the New York City metropolitan area, including Westchester and Long Island. We are working to enable vehicle-to-grid (V2G) capabilities at our projects as well. The NineDot Energy name derives from the classic mathematical puzzle for sparking out-of-the-box solutions. Our “outside the box” creativity combines business model innovation and community-centered solutions to catalyze clean energy projects in high-value parts of the electric utility grid. Based at the NYU Tandon School of Engineering Urban Future Lab in Brooklyn, New York. We have received financial support from the U.S. Department of Energy (DOE), the New York State Energy Research and Development Agency (NYSERDA) and the Carlyle investment group, among others

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