Credit Manager - Renewable Energy

Credit Manager – Renewable Energy

Location – Annapolis, MD (Hybrid)

Job Summary

This renewable energy investment Credit Manager position is a newly created opportunity within an industry leading and publicly traded organization based in Annapolis, MD with over $14 billion in managed assets. This individual will work in the Investment Group on the Credit Team to originate, structure, negotiate, and grow the investment portfolio including utility scale solar, distributed solar and storage, and energy efficiency technologies. Based out of the company’s Annapolis, MD office, this opportunity will offer a hybrid (3 days in office) work schedule and a competitive compensation package made up of a base salary in the $150,000 to $175,000 range plus a 15%-25% annual bonus, world class benefits, and excellent career mobility. Ideal candidates will have 5 or more years of professional experience including focused experience in asset-based lending, renewable energy, or structured finance.

Job Description

• The core responsibilities of the role will include leading the bidding, conversion, and closing processes while overseeing the structuring, negotiation, and execution of transactions.
• Work collaboratively within a deal team, both reporting up to a Director and at times overseeing a junior team member, as well as communicating across internal business units to complete the transaction responsibilities.
• Lead transactions through the entire lifecycle with guidance from the transaction Director, from initial qualification and bidding to conversion and due diligence, and ultimately through the documentation and closing process.
• Serving as a team member, advance transactions and workstreams through the transaction cycle.
• Lead the initial transaction assessment within the parameters of the Credit Team’s investment goals and communicate with the team’s Director and Managing Director to determine an investment recommendation.
• Develop and implement a work plan to pursue the transaction and obtain a mandate from the client.
• Lead and oversee the due diligence processes for investments including analyzing terms in underlying project agreements such as service contracts, construction agreements, and financing agreements.
• Oversee the credit analysis on transaction counterparties and incorporate findings into transaction structure and documentation recommendations.
• Oversee a transaction execution plan in collaboration with team members that includes developing key action steps, collaborating with cross-functional teams (legal, accounting, and transaction management), and delegating tasks among team members.
• Be the point person on communications with external stakeholders including clients, transaction counsel, and leverage partners.
• Communicate feedback with deal team and collaborate to develop and implement appropriate structuring and documentation steps.
• Support the process of identifying and executing with leverage partners for transactions, including assisting in negotiation of documents, facilitating due diligence requests, supporting the closing process, and overseeing the financial model.
• Work closely with the Director to understand leverage parameters when initially qualifying transactions and developing transaction structures and documentation.
• Work closely with the members of the Portfolio Management team to provide transaction expertise to assist in commercial decision making relating to post closing activities. Support the servicing of assets including modifications and consents and facilitate communication with clients and leverage partners.
• Collaborate with the Risk Management team to communicate the risk considerations and associated mitigants for both specific transactions and broadly for the portfolio.

Job Requirements

• Bachelor’s degree from a four-year institution.
• Industry experience within renewable energy investment, project development, energy transactions, or project finance
• At least 5 years of experience in asset-based lending, structured finance and/or securitization.
• Mastery of MS Excel financial modeling with demonstrable experience working with debt and project finance models, and ability to manipulate and refine models on short timelines.
• Strong interpersonal skills with the ability to distill and communicate information to team members as well as lead conversations with a variety of external stakeholders.
• Ability to work in Annapolis, MD office on hybrid basis three days per week