Environmental Finance Asset Manager

Role Overview

• The Environmental Finance Asset Manager works under the limited direction of Assistant Director of Asset Management.
• Accountable for the ongoing performance, credit monitoring and risk mitigation of a portfolio of tax credit equity investments and loans which could include more complex investments and/or a larger portfolio.
• Maintains relationships with internal partners and external customers within the investments.
• Monitors project construction and development milestones, for purposes of compliance and monthly financial forecast preparation.
• Responsible for review of equity funding requests in coordination with external customers and USB counsel (if necessary).
• Analyze project performance to ensure adherence to programmatic compliance.
• Continually monitor risk profile of the investment and recommend risk rating adjustments as needed.
• Review and negotiate post-closing deal amendments, modifications or restructures and prepare credit memo for presentation to Assistant Director and other members of management and credit administration.
• Apprises manager, credit administration and other appropriate parties of ongoing asset quality performance in accordance with credit policy.
• Works closely with Environmental Finance Production and Syndications teams to focus on collaboration and meeting customer expectations.

Requirements

• Typically Bachelor's degree, or equivalent work experience
• Typically five or more years of related experience
• Proven credit management, underwriting and financial analysis skills, including cash flow analysis experience with complex, structured transactions, due diligence proficiency and detail orientation.
• Knowledge of financial modeling techniques and analysis of proforma financial statements.
• Comprehension of complex project finance transactions, loan documentation, and deal structure mechanics.
• Knowledge of critical aspects of renewable energy project management, including equipment and performance review as well as a baseline understanding of U.S. energy markets including regulatory structures, physical and synthetic forms of power agreements and derivative instruments.
• Ability to review and synthesize a large quantity of deal related documentation and materials, including third party reports, loan/investment documents, and other legal documents. Able to identify key issues and concerns, manage timelines, and problem solve using creativity and innovation.
• Familiarity with standard banking processes and procedures, including managing to credit policies and procedures and navigating credit approval processes.
• Excellent time management skills with the ability to effectively manage internal and client timelines and needs. Ability to identify obstacles and manage expectations.
• Highly motivated self-starter who has a keen attention to detail, growth mindset, and ability to be comfortable in periods of unpredictability.
• Ability to work independently as well as collaboratively in a team environment.
• Demonstrated interest in promoting diversity in the workplace and a commitment to maximizing equitable access to the benefits of renewable energy.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law