Portfolio Management & Investments Associate

Alight

Alight

Multiple locations
Posted on Jul 12, 2024
Investment · Multiple locations · Fully Remote

Portfolio Management & Investments Associate

Are you an investment professional who wants to use your skills to drive the transition to renewable energy? Do you also have a growth mindset, and enjoy tackling new challenges together with a supportive team?

Fantastic, welcome to Alight! We're an entrepreneurial scale-up driven by a strong purpose: to kick carbon off the grid by helping businesses save money with solar from day 1. We’re a remote-first company, join us from anywhere in Europe!


Your impact


As our Portfolio Management and Investments Associate, you will take the lead on work streams related to the portfolio management of Alight’s pipeline and be responsible for Alight's investments in the Behind the Meter (BtM) business.

This role will involve owning and maintaining the portfolio model, keeping it up to date, updating valuations, and generating comprehensive reports. You will actively pursue new investment opportunities in the BtM space across various European countries. Your responsibilities will encompass managing the portfolio financial model, conducting detailed analyses, and leading investment analysis and reporting efforts. You will support the BtM sales team throughout the entire opportunity cycle of current and future BtM projects, from the pre-exclusivity phase through to execution.

KEY OBJECTIVES & RESPONSIBILITIES


Portfolio Management - Expected to be ~60% of the role work time:

  • Lead the updates and operation of a complex Portfolio Model to manage Alight pipeline of grid connected projects in different countries.

  • Being involved in the portfolio valuation policy and process.

  • Being responsible to add new projects and new acquisitions into the Portfolio Model.

  • Own and update the Portfolio Model on an ongoing basis.

  • Perform analysis and reporting on a portfolio level including valuation of the whole pipeline.

  • Being involved in corporate financing analysis and financing process.

  • Keep track of the funding requirements for committed projects.

  • Support management and the rest of the team with Portfolio responsibilities including developing operational strategies, improvements, and other functions.


Investments - Expected to be ~40% of the role work time:

  • Build and handle BtM financial models in different European markets (UK, Spain, Poland, Sweden,etc) at a project and portfolio level throughout the project cycle.

  • Being responsible for preparing the investment decision material for all BtM projects in the Alight pipeline.

  • Supporting the BtM team in the valuation, due diligence, structuring, deal documentation and financing.

  • Credit assessment of existing and new counterparties to determine pricing and support investment decisions for BtM projects.


      We’re looking for you


      To excel in this role, we believe that you are experienced in diverse work streams across the investment lifecycle. You are comfortable working with internal and external stakeholders from various backgrounds and have previously owned your projects and deliveries.

      REQUIRED QUALIFICATIONS:

      • 3+ years of experience in portfolio management / investment with exposure to infrastructure projects

      • A track record of project leadership and working across various work streams

      • Proficiency in building and managing complex financial models

      • Experience presenting investment cases

      • Experience in transactions for financing and M&A

      • Well-versed in the Microsoft Office package, especially Excel

      • Project financing experience is preferred, but not a requirement for this position

      • Fluency in English

      Alight is a remote-first company! In this role, you can work from anywhere in Europe. We currently have Investment team members located in Stockholm (HQ), Bologna, and London.

      Department
      Investment
      Locations
      Multiple locations
      Remote status
      Fully Remote
      Contact Ingrid Joelsson Interim Head of People Operations / Talent Acquisition Partner – People Operations

      What's in it for you?

      • At Alight, you’ll make a real, tangible impact on a global scale by accelerating the transition to a fossil fuel-free world. Your work will be more than a job; it will be a meaningful contribution to ensuring the sustainability of our planet.

      • We’re proud to have a flat and autonomous organizational culture where everyone takes accountability for their own work. You'll have the flexibility to work remotely from anywhere in Europe, or you can decide to work hybrid/fully onsite at one of our offices in Stockholm, Madrid, Gothenburg, Paris or Malmö. We’ll support your home office setup, including subsidies for equipment like adjustable desks and office chairs.

      • To ensure we attract the best talent out there, we don't limit ourselves to a specific location. Alighters are based across Europe and our diverse backgrounds and skills complement each other well.

        We know that having a diverse team drives better collective decisions and superior business performance. Today our gender split is 44/56, with 15 nationalities and employees in 6 countries.

      • At Alight, you’ll be a part of an entrepreneurial culture in which you’re encouraged to “think like an owner,” which means that we trust you to call the shots and excel in your role. Many Alighters are also shareholders, and we believe in giving our employees incentives to create the best possible impact.

        Historically we’ve regularly had warrant/option programs that give our employees the option to own a part of Alight. We also give our employees the option to buy shares when the opportunity arises (e.g. when any of our owners sells shares, we're not a listed company).

      • As an Alighter, you’ll have 30 days of paid vacation and the option to exchange public holiday days for other days off. We also offer market-leading insurance programs for all our employees, together with an annual wellness allowance of €500 (5000 SEK).

        At our HQ in Stockholm, we also have weekly activities like lunch runs and Thursday yoga sessions.

      • While we take our role in driving the green transition seriously, we know how to have fun. We believe that a positive team spirit enhances our collective impact. Some examples of planned activities are Friday breakfast every second week, Guest lecturers with dinner, team dinners, and sports activities. But there are also a lot of spontaneous activities driven by our employees!

        Each quarter we also have "Alight Next," our company-wide meetup, a two-day strategy day with workshops, lectures, and team building in which we focus on the next quarter. We also always have some fun activities planned during those meetup days, examples being ski trips, sailing, dinners, and parties

      • We’re committed to helping you grow and embrace new areas of responsibility, whether vertically or horizontally.

        It’s common for our team members to be promoted to leadership roles or transition into entirely new domains. We have structured career coaching, internal training programs, performance reviews, and goal-setting frameworks to help you develop your career.

      About Alight

      At Alight, we’re on a mission to kick carbon off the grid by helping energy-intensive businesses switch to solar. We develop, own, and operate onsite and offsite solar projects across Europe and sell clean energy to businesses at a low, fixed cost backed by a power purchase agreement (PPA), always independent of government funding or subsidies. By 2030, we aim to have an installed capacity of at least 5 GW, paving the way for a more sustainable future.

      Join us fully remote or from our offices!

      Founded in 2013
      Co-workers 80
      Investment · Multiple locations · Fully Remote

      Portfolio Management & Investments Associate

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