Reliability & Asset Principal Engineer

Position Overview

The role of Staff Asset and Reliability Engineer is a senior-level engineering position crucial to the ongoing operation and upkeep of facility assets. This role focuses on elevating asset performance and lifespan, ensuring that critical equipment operates reliably with minimal downtime, thus enhancing overall return on investment. The engineer in this position applies advanced technical know-how and strategic foresight to uphold best asset management and reliability practices, develop and support maintenance approaches, and guide junior engineering personnel.

Key Responsibilities

• Lead all phases of asset lifecycle management including procurement, operation, maintenance, and disposal.
• Manage and update the asset register along with asset criticality rankings.
• Examine asset performance data to detect patterns, enhance efficiency, and prolong asset lifespan.
• Collaborate with finance and operations teams to create capital expenditure and replacement strategies.
• Perform Root Cause Failure Analysis (RCFA) and Failure Modes and Effects Analysis (FMEA/FMECA) to identify issues and prevent recurrence.
• Establish, evaluate, and improve preventive and predictive maintenance policies based on Reliability Centered Maintenance (RCM) methodologies.
• Lead initiatives aimed at boosting reliability of critical equipment and systems.
• Track and improve vital reliability indicators such as Mean Time Between Failures (MTBF), Mean Time To Repair (MTTR), and asset availability.
• Act as a subject matter expert on condition monitoring, asset health, and reliability tools.
• Lead interdisciplinary teams focused on reliability enhancement and mentor less experienced engineers.
• Engage with Original Equipment Manufacturers (OEMs), vendors, and contractors to resolve advanced technical challenges.
• Employ Enterprise Asset Management (EAM) and Computerized Maintenance Management Systems (CMMS) for maintenance planning and data analysis.
• Assist with the integration of digital technologies including Asset Performance Management (APM), Internet of Things (IoT) sensors, and data analytics platforms.
• Create and maintain dashboards and reports for transparent communication of asset health and reliability metrics.

Qualifications & Experience

• Bachelor’s degree in an engineering field.
• At least 10 years’ experience in maintenance and reliability engineering within functional industrial plants, with a minimum of 5 years explicitly focused on reliability and asset engineering.
• Comprehensive understanding of asset management frameworks.
• Expertise in Root Cause Analysis (RCA), Reliability Centered Maintenance (RCM), Reliability Excellence (REX), Failure Modes and Effects Analysis (FMEA/FMECA), Weibull analysis, and related maintenance data evaluation techniques.
• Emphasis on safety with thorough knowledge of maintenance and safety standards and best practices.
• Acquainted with regulatory and environmental compliance norms.
• In-depth knowledge of condition monitoring technologies.
• Industry experience in areas such as hydrogen electrolysis, hydrogen storage, ammonia manufacturing, power systems, or air separation.
• Understanding of stage-gate processes for capital projects and asset handover procedures.