Portfolio Associate

Help us make a big green dent in the universe. We're on a mission to drive the global renewable energy revolution, and we need many more people to help us make our vision a reality.

Octopus Energy Generation (OEGEN) is a leader in sourcing, investing in, and managing a wide range of utility-scale renewable energy assets. As we continue to expand our investment base, we are dedicated to building a diverse team that reflects the communities we serve. Currently, we manage a global portfolio of over £7 billion in renewable energy assets.

We are committed to delivering best-in-class responsible investment activity, offering like-minded investors the means and products to invest their capital sustainably. It is our ambition to change the entire energy lifecycle and make every green electron matter, delivering the best outcomes for customers, investors, the environment and society, accelerating the transition to net zero.

About the role:

We are seeking a Portfolio Associate to join the OEGEN Funds Team, reporting to a Senior Portfolio Manager. 

For your portfolio of assets, your role is to understand and deliver against all investor requirements which includes reporting, valuing portfolio investments, forecasting and calculating distributions, debt management and investor communications. In this role, you will deliver accurate and high-quality outputs whilst supporting the drive to continuously improve our fund management processes. You will support onboarding new investments and capital recycling programmes as well as refinancing activities. This is an exciting and challenging opportunity to work in OEGEN where we our ambition is to onboard and manage £billions of assets over the next 5 years.

• Equity investment modelling: You will proactively monitor your assigned portfolio companies and/or renewable energy assets through creating, maintaining and improving portfolio company and operational asset models. You will deliver accurate and timely quarterly valuations, updating models and undertaking detailed assumptions reviews and checking outputs from peers. You will prepare and present valuation papers to the Valuation Committee for approval and sign off. You will maintain a close relationship with Asset Managers to understand underlying Asset Performance. You will monitor investor returns, track record and other fund KPIs, ensuring accurate data and informative forecasts. You will ensure any new acquisitions you are assigned are onboarded into the Fund Management Team effectively. You will do this on using Power BI/Excel Models
• Cashflow forecasting: You forecast cash within your assigned portfolios and work with the Senior Portfolio Manager to provide a coherent and accurate cashflow forecast across all invested assets. 
• Debt modelling You will understand the debt structures in place within your asset portfolios and ensure that all lender requirements are understood and complied with. You will work with the Investments team on project finance where appropriate and build your knowledge in this area. 
• Audit support You will respond to Fund-level audit requests providing accurate data, supporting evidence and analysis in a timely manner
• Portfolio Management You will be required to follow processes and conduct analysis relevant to your portfolios including FX, Interest Rate Swaps, Cash Products working with Finance and the Investments team to ensure these deliver fund mandates
• Risk Management: You will support the Senior Portfolio Manager ensure that the fund is governed correctly, providing input into papers for relevant Boards, ensuring accurate information. You will start to understand the risks associated with the portfolio and proactively monitor, escalate and mitigate. 
• Investor Reporting: You will coordinate and input into the creation of investor reports and outputs that we can be proud of, ensuring that the information provided is accurate and relevant. 
• Continuous Improvement: You will look for improvements in the way we do things, driving forward consolidation, simplification and automation where possible to drive better outcomes for our investors, working on Fund Management Projects as appropriate
  

• Minimum of 3 years working experience
• In-depth knowledge and skillset in valuing assets and/portfolio companies, discounted cash-flow modelling and debt modelling. A modelling test will be part of the recruitment process
• An understanding of fund management processes for debt and equity across private funds 
• Previous experience of working in the renewables sector or infrastructure real assets
• Experience of creating high quality investor outputs
• Excellent financial acumen, CFA qualification considered advantageous
  

• Thrive in a fast moving business, able to see solutions where others see problems, passionate about improving processes, models and customer outcomes. Excited, not overwhelmed by a challenge
• Excellent verbal and written skills, able to distil and seek out insightful analysis 
• Active listener and communicator, able to demonstrate the ability to manage stakeholders 
• Passionate about the detail, taking accountability for the accuracy of every output
• Able to plan ahead but also work under pressure, always delivering to deadlines
• Able to collaborate. A team player, flexible in approach and able to support others as necessary
  

• 💰 Wondering what the salary for this role is? Just ask us! On a call with one of our recruiters it's something we always cover as we genuinely want to match your experience with the correct salary. The reason why we don't advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesn't apply to Octopus - what's more important to us is finding the right octofit!
• 🎉 Octopus Energy Group is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! We were recently named the UK's top company to work for, and we ranked in the top ten in the Sunday Times Best Places to Work 2024. Our Group CEO, Greg has recorded a podcast about our culture and how we empower our people. We’ve also been placed in the top 10 companies for senior leadership
• 🎁 Visit our UK perks hub - Octopus Employee Benefits
  

Our process usually takes up to 4 weeks, but we’ll always do our best to flex around what works for you. Along the way, you’ll chat with our recruitment team and your Recruiter will help you throughout different stages. Got any burning questions before then? Drop us a message at hiring@octoenergy.com and we’d love to help!

If this sounds like you then we'd love to hear from you. 🚀

Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential. Need any specific accommodations? Whether you require specific accommodations or have a unique preference, let us know, and we'll do what we can to customise your interview process for comfort and maximum magic!

Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we're looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.