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Asset Manager/Asset Manager Principal

Asset Manager/Asset Manager Principal

# Positions 

More information about this job

General Overview

Preferred candidates will have a background in water.



At an expert level, serves as a key contributor to management of LCRA’s assets, primarily influencing LCRA’s capital and large O&M financial decisions.  Ensures that all capital and significant O&M expenditures have the appropriate justification and are aligned to company strategies for assigned portfolio of assets.  Ensures that projects or initiatives are aligned to an overall integrated resource plan in order to most effectively accomplish company goals for assigned portfolio of assets and assists in the development of asset strategies and the facilities overall strategic plan.  This position requires specialized depth and/or breadth of expertise.  Interprets business issues and recommends best practices.  Solves complex problems; takes a broad perspective to identify innovative solutions.  Works independently, with guidance in only the most complex situations.  Recognized as expert in own area within the organization.  Leads functional teams and projects. 



  • Leads teams in selecting asset related investments that will improve or continue the current financial performance. Provides leadership in the economic evaluations of initiatives and projects and renders judgment on the costs and benefits of the work from a LCRA perspective.  Leads teams in determining fiscal viability, defining the desired outcome, the best way to achieve desired outcome, and initial budget and schedule estimates. 
  • Ensures that strategic planning initiatives and projects are effectively implemented by forming teams to evaluate and prepare reports and perform complex analysis.  Performs complex business case analysis and/or feasibility analysis on a multitude of utility assets.  Assists with research for, and development of, cost benefit analysis for various maintenance, rehabilitation and/or replacement options for specific utility assets or groups of assets.
  • Leads risk management measures with facility subject matter experts to determine the appropriate timing and prioritization for facility equipment overhauls and inspections.  Helps quantify the business risk exposure associated with specific facilities based on both the likelihood and consequence of asset failure. 
  • Leads project team’s initial assessment of risk identification and potential mitigation strategies for high level risks that may be incorporated into the project’s budget.  Stakeholders may include, but are not limited to engineering, project management, supply management, safety, environmental, NERC compliance, operations, and maintenance subject matter experts.
  • Leads project teams in an initial assessment of chosen solution’s quality management plan, whereby action plans will be developed by Project Management team that will be incorporated into the project’s schedule.
  • In coordination with Capital Budgeting, leads the development and preparation of the annual capital business plan for an assigned portfolio of assets by working with subject matter experts and identifying or recommending the appropriate assets in plan and recommending the appropriate timing of assets being implemented in the plan.
  • Leads teams in incorporating specialized decision-making tools for complex projects or initiatives to help identify a strategy most likely to achieve desired goals.  Identifies actual or potential problems, investigates, analyzes, and develops solutions or improvements to be taken or verifies accuracy of present solutions.  Drafts and presents reports to a variety of stakeholders such as LCRA facility leaders and senior management). 
  • Leads a team of subject matter experts in determining capital and larger O&M assets remaining useful life estimates or a condition assessment in order to recommend appropriate future actions, e.g., timing and scope of replacement or repair.
  • In conjunction with other business entities and subject matter experts, actively monitors current policies, industry or market innovations and trends, technologies, and regulatory developments that may impact assigned asset portfolio.  Provides coordination and timely recommendations.
  • May review operational processes and procedures and develop optimization recommendations.
  • Works with the Manager, Asset Management and Internal Auditing in identifying potential audits of projects or initiatives.


This general overview only includes essential functions of the job and does not imply that these are the only duties to be performed by the employee occupying this position.  Employees will be required to follow any other job-related instruction and to perform any other job-related duties requested by supervisor or management.

Minimum Qualifications

Twelve or more years experience in capital planning, decision-making modeling, operations and maintenance planning, financial management, project management and strategic business support, including five or more years of experience in the utility industry.  Minimum of ten years of relevant experience directly related to asset management.  A degree(s) in business, economics, engineering, finance, math, science or relevant field may be substituted per LCRA guidelines for certain years of experience.


Driver’s license

Specific Posting Information

  • Broad range of exposure to various technical environments and business segments
  • Experience with NERC compliance
  • Experience in environmental management
  • Strong leadership and interpersonal skills
  • Degree(s) in business, economics, engineering, finance, math, science or relevant field