Global Renewable Energy Senior Credit Portfolio Manager
Company: Disability Solutions
Location: New York
Posted on: May 5, 2024
|
|
Job Description:
Job Description:Responsible for the administration and
monitoring of tax equity and debt project finance and multi-draw
structured financings in the Renewable Energy Finance and Global
Sustainable Finance portfolios. Such activities will include
evaluating and processing project related consent requests;
ensuring compliance with the terms of transaction agreements;
periodic project performance and financial review; project
performance forecasting; approving funding advances, construction
draws, and collateral eligibility; and monitoring the credit
profile of key transaction counterparties (e.g. Borrowers,
Servicers, Project Sponsors and Off-takers). A key element of the
Portfolio Management role will be ongoing credit responsibility for
a designated portfolio of tax equity, debt project and structured
financings. It is expected that the Portfolio Manager will bring a
heightened level of expertise and independent judgment to the
management of those complex financings. Additionally, the Portfolio
Manager will be familiar with and adhere to the transaction
management and monitoring requirements outlined in Bank of
America's Credit Policy and guidelines. This will include the
preparation of status reviews and risk rating scorecards, as well
as troubled asset reports. The Portfolio Manager will provide
timely responses to inquiries on the portfolio from senior credit
and risk management team members.In executing these duties, the
Portfolio Manager will interact with Originators, Credit
Underwriting, Risk Management, Engineering Support, Pricing, Legal
and Contracts officers as needed. The Portfolio Manager will also
have significant interaction with our clients in the context of
routine administration and project/financial performance
discussions, as well as to address any credit or technical issues
that may develop with individual transactions or projects. These
interactions may include the review and negotiation of potential
transaction document modifications or transaction restructurings.
It is also expected that the Portfolio Manager will serve as a
mentor to more junior associates and assist or guide those
associates in addressing more complex transaction
situations.Required Qualifications: --- 8+ years experience in
commercial banking or finance industry with significant credit, tax
equity, and energy project finance experience. Exposure to
renewable energy project finance would be a plus. --- Extensive
experience in analysis and management of highly complex,
project-oriented transactions (tax equity and debt), including
problem solving. Demonstrated aptitude for reviewing, understanding
and interpreting associated transaction documents and project
contracts, as well as negotiating modifications and amendments to
the same.--- Solid foundation in energy project finance;
comfortable with project financial and operating performance
analysis. Proficient project and financial modeling skills. ---
Strong credit and risk analysis skills, including experience in
commercial and large corporate credit analysis.--- Must have
moderate to advanced Excel skills.Must have proficient Microsoft
Office skills. --- Ability to work efficiently and productively on
several transactions or tasks at one time.--- Ability to interact
effectively with internal and external clients and partners. ---
--- --- Experience mentoring junior associates.--- Clear and
articulate oral and written communication skills.Preferred
Education:Undergraduate degree in Finance, Accounting, Mathematics,
Engineering; MBA preferred. Shift:1st shift (United States of
America)Hours Per Week: 40
Keywords: Disability Solutions, North Bergen , Global Renewable Energy Senior Credit Portfolio Manager, Accounting, Auditing , New York, New Jersey
Click
here to apply!
|