Director of Asset Management

This position is a critical leadership role responsible for overseeing and elevating the performance of the Asset Management function across a portfolio of operating assets. Reporting to senior leadership, this position drives operational excellence, value creation, and strategic execution.

The ideal candidate is a high-energy, results-oriented leader with strong people leadership and relationship capabilities who can enhance team performance, ensure rigorous compliance and fiscal discipline, and deliver measurable financial outcomes. This role requires a balance of strategic oversight, financial acumen, and operational expertise, with a focus on continuous improvement and stakeholder engagement.

Salary Range: $155 - $180k bonus (25% or greater)

Benefits: Health, Dental and Vision Insurance, 401K, Paid Parental Leave and Holidays, Short and Long-term Disability Coverage.

Roles & Responsibilities

Leadership & Team Development

• Promote a culture of ownership, proactive problem-solving, and high-quality execution.
• Lead, mentor, and develop a team of Asset Managers, fostering a high-performance culture centered on accountability, collaboration, and continuous improvement.
• Establish clear performance expectations, provide ongoing feedback, and align individual and team goals with broader organizational objectives.
  
  

Portfolio Leadership & Strategy

• Develop and execute asset management strategies to optimize portfolio performance and long-term value.
• Establish KPIs, performance standards, and reporting frameworks across the portfolio.
• Identify risks and opportunities, driving initiatives that enhance performance and asset value.
• Provide strategic direction for lifecycle management, including asset optimization and capital planning.
  
  

Asset Performance & Operational Oversight

• Oversee all aspects of asset performance, including operational effectiveness, compliance, and financial outcomes.
• Collaborate closely with operations, engineering, finance, and commercial teams to ensure safe, reliable, and efficient asset performance.
• Monitor asset health, performance metrics, and maintenance strategies to maximize availability and output.
• Drive continuous improvement initiatives to enhance productivity and reduce downtime.
  
  

Financial Management & Fiscal Oversight

• Oversee budgeting, forecasting, and variance analysis across the portfolio.
• Deliver accurate, decision-oriented financial and operational assessments with clear executive-level communication.
• Ensure financial deliverables meet high-quality standards with strong analytical rigor and minimal errors.
• Support initiatives that enhance revenue, reduce costs, and improve overall financial performance.
• Demonstrate accountability for P&L performance and delivery of measurable financial results.
  
  

Compliance & Risk Management

• Ensure all assets meet regulatory, contractual, and internal compliance requirements with complete, accurate documentation.
• Maintain strong audit readiness and high standards for data quality and reporting accuracy.
• Identify, assess, and mitigate operational, financial, and regulatory risks.
• Develop and implement risk management frameworks and contingency plans.
  
  

Value Creation & Performance Improvement

• Identify and lead high-impact initiatives focused on revenue enhancement, cost reduction, and operational efficiency.
• Quantify and validate financial impact of improvement initiatives.
• Drive accountability for delivering measurable value across the asset portfolio.
  
  

Contract & Stakeholder Management

• Read, interpret, negotiate, and execute complex contracts to protect organizational interests and support financial and operational objectives.
• Oversee key commercial agreements, including customer, vendor, and partner contracts.
• Maintain strong relationships with internal and external stakeholders through structured engagement.
• Act as a primary interface for resolving issues, driving alignment, and identifying strategic opportunities.
  
  

Key Competencies we are looking for in this person

• Strategic thinking and decision-making
• Strong financial and analytical acumen
• Leadership and team development
• Operational excellence mindset
• Contract negotiation and management
• Risk assessment and mitigation
• Executive communication and stakeholder influence
• Results-driven with a proactive, high-energy approach
  
  

Required Skills & Experience

• Bachelor’s degree in Business, Finance, Engineering, or a related field (MBA or advanced degree preferred).
• 8–10 years of progressive experience in asset management, operations, finance, or a related field.
• Demonstrated P&L responsibility and a proven track record of improving financial and operational performance.
• Experience managing complex contracts and stakeholder relationships.
• Experience in power generation, renewable energy, infrastructure, or utilities Industries strongly preferred.
• Familiarity with asset-intensive operating environments and long-term contractual structures, preferred.
  
  

About Versique

Versique: /ver-seek/?adj. being both versatile and unique; n. a high-performance recruiting firm specializing in executive leadership search, direct hire, and interim hiring solutions.?

Versique Executive, Professional, & Interim Recruiting is a locally owned and operated hiring and placement firm based in the Twin Cities of Minnesota. With specialized practice areas across our three divisions, Versique delivers tailored expertise to a wide range of industries. What sets us apart is our team of recruiters—seasoned professionals who have worked in the very fields they now hire for, providing unmatched industry insight and connections.

We believe people are more than resumes—they are transformative, unlocking the potential for organizational growth and success.

Versique is proud to be an award-winning company, earning recognition on the Inc. 5000 list of fastest-growing private companies and the Minneapolis-St. Paul Business Journal's Fast 50 list for 2023. We are also consistently recognized as a Star Tribune Top Workplace and were named a Best Place to Work in 2022 by the Minneapolis/St. Paul Business Journal.

Let's find your people, together.

Versique is an equal-opportunity employer committed to creating a diverse workforce. We consider all qualified applicants regardless of race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status.