Portfolio Investment Manager, US
About the position We are Lightsource bp, and we're on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development. For over a decade, we've been diversifying the way the world is powered with safe, responsible, and sustainable renewable solutions. Our large-scale solar and energy storage projects help deliver affordable, reliable power while supporting global decarbonisation. Fully acquired by bp in 2024, Lightsource bp operates under a capital-light model, partnering extensively with third-party debt, structured financing, tax equity, and common equity to bring projects to life. Our people and projects are at the heart of what we do-and now, we're looking for your expertise to help us grow our US portfolio. About the Investment Management Team Our Investment Management (IM) Team acts as the primary liaison with capital providers once financing transactions close, overseeing the relationship from daily reporting to commercial interaction until exit. We coordinate across LSbp teams-Structured Finance, Asset Management, Finance, Power Marketing, Legal, and more-to ensure projects deliver strong operational and financial performance. The team is organized into three verticals: Portfolio Management Valuation & Financial Modelling Insurance You'll join our Portfolio Management Team, currently based in Europe and Sydney, but with growing presence in the US to support our expanding portfolio. As a US Portfolio Investment Manager / Senior Portfolio Investment Manager, you will be the "eyes and ears" of the IM Team for the portfolios you manage, acting as the day-to-day contact for capital providers (debt institutions and equity partners). You'll work closely with a US-based Commercial Investment Director and Valuation team, ensuring covenant compliance, accurate debt servicing, optimized cash distributions, and proactive portfolio performance tracking. Responsibilities • Managing relationships with capital providers, ensuring timely covenant reporting and responses to waiver/approval requests • Overseeing debt service payments, letters of credit, and ancillary facilities • Preparing budgets, forecasts, updated models, and tracking portfolio performance against investment models • Identifying areas for commercial and financial optimisation • Collaborating with LSbp teams on legal documentation, M&A activities, and refinancing initiatives • Contributing to cross-portfolio initiatives and sharing best practices globally Requirements • Minimum 4 years of experience in project finance documentation, reporting, or covenant management • Engagement with capital providers in a portfolio management capacity (financial institution or sponsor) • Strong financial and accounting skills, with ability to interpret P&L, cash flow, and balance sheets • Experience working in complex, matrix-style, multinational environments • Bachelor's degree in Engineering, Business, Finance, or a related field Nice-to-haves • Financial modelling skills in project-related or investment environments • Direct involvement with budgets, forecasts, and operational asset portfolios • Collaboration with legal teams on commercial documentation Benefits • Competitive compensation: $140,000 to $160,000 annually plus a 20% annual bonus • Health, dental, prescription, and vision care for US team members starting your first day of employment with zero premiums for employee-only coverage • Retention bonuses • Four weeks of vacation and three weeks of sick leave annually plus 11 paid holidays • 401(k) plan, with a 3% nonelective employer contribution • Hybrid working environment (Tuesday-Thursday in office, Monday & Friday remote) • Monthly personal phone bill reimbursement of up to $100 and a monthly commuter benefit of up to $150 • Lifestyle Savings Account and more! Apply tot his job