Macquarie Infrastructure and Real Assets
Macquarie Group (Macquarie) is a global provider of banking, financial advisory, investment and fund management services. Around the world, we act on behalf of a range of institutional, corporate and retail clients. Founded in 1969, Macquarie employs more than 13,600 people in 28 countries. We focus on areas of business where our particular skills and expertise deliver real benefits to clients and investors.
At Macquarie we offer you the experience and freedom to grow your career whilst making your mark within a highly successful organisation. Key to our success is the entrepreneurialism we encourage in all our people. We give you the opportunity to progress your career as quickly as you can demonstrate your ability.
Macquarie's business is structured into six operating groups and four support groups.
Macquarie Funds Group (MFG) is Macquarie Group's funds management business. MFG is a full-service asset manager, offering a diverse range of capabilities and products including infrastructure and real asset management, securities investment management and structured access to funds, equity-based products and alternative assets. The group had $A347 billion in assets under management as at 31 March 2013.
MFG has been managing assets for pension funds, institutions and retail investors since 1980 in Australia and 1929 in the US (through Delaware Investments). MFG has global reach, with a team of over 1,400 staff located in over 20 countries including Australia, Asia, the UK, Europe and the US.
MFG has the following business divisions:
- Macquarie Investment Management
- Macquarie Infrastructure and Real Assets
- Macquarie Specialised Investment Solutions
Macquarie Infrastructure and Real Assets
Macquarie Infrastructure and Real Assets (MIRA) manages a range of direct asset funds including infrastructure and real estate funds. Its client base primarily comprises global pension and superannuation funds, but also includes other institutions and governments. The division is recognised for its expertise over the investment lifecycle, with a strong capability in investment sourcing, business management and investor relationships.
MIRA is expanding its infrastructure activities into adjacent markets, notably energy. In order to progress towards developing and managing Energy Funds, MIRA has advanced a range of co-investment acquisitions which could form seed assets in a future Energy Fund. We are now looking for a Senior Manager or Director recruit to join MIRA to support the asset management of our European power generation assets.
Key Responsibilities
- Risk Management: Develop or procure risk management tools and processes to govern and support the hedging and trading of gas fired generation assets in the UK markets. Work with the asset teams and energy trading service providers to maximise asset value in the traded markets.
- Asset Valuation: Guide and manage third party providers of fundamental market price modelling and asset valuation scenarios. Develop or procure modelling approaches to readily provide operational and financial performance projections.
- Regulatory Engagement: Monitor market regulation and reform processes and engage with Government, government departments, industry regulators and participants to evaluate and influence market developments. Provide expertise in electricity market reform and insight into associated risks and opportunities.
- Commercial Asset Management: Support business senior management in the development of strategy and plans to maximise generation asset performance. Contribute to strategic relationships with operations and maintenance providers, including contract development and performance management.
- Governance: Support monthly, quarterly and annual asset planning, management and reporting processes, including corporate governance and controls, board meetings and investor relations.
- Business Development: Support the identification, assessment and acquisition of further energy assets and related fund raising activities.
Key Attributes
- Several years of experience in energy markets, particularly in power station hedging and optimisation and commercial asset management.
- Experience of market price modelling and asset valuation, and exposure to asset acquisitions
- Highly numerate with strong financial skills and sound commercial judgement.
- Highly motivated, proactive, and able to develop and deliver against challenging targets with limited supervision and direction
- Excellent academic background and solid understanding of finance / accounting
- Results and outcome focused
- Strong written and spoken communications skills
- Outstanding interpersonal and team-working skills
- Be able to influence and deliver change through the strength of your relationships
- High level of energy and commitment – willing to be hands-on
- Have a passion for challenging the status quo, and seeking out and implementing initiatives to constantly improve performance
The role is based in London and at the assets themselves, with international travel as required
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