Huntington Commercial Bank ยท 22 hours ago
Associate Director - Renewable Energy Finance
Akron, OH
Full-time
Hybrid
Mid, Senior Level, Lead/Staff
$70K/yr - $161K/yr
5+ years expHuntington Commercial Bank is focused on project finance and non-recourse transactions for renewable energy facilities. They are seeking a talented Associate Director for their Renewable Energy Finance team, responsible for underwriting new transactions and managing the existing portfolio of loans.
Financial Services
Responsibilities
Serves as the point person when underwriting credit transactions for the assigned portfolio and new clients
Recommends capital structure and accumulates all data necessary to perform focused analysis. Also, manages approvals for amendments and waivers to credit facilities, as well as monitors the financial performance of portfolio companies
Reviews financial statements, projection models, project cash flow models and all other relevant financial and non-financial data to develop a concise focused analytical foundation for a credit decision
Prepares thorough credit underwriting identifying industry concerns, market share trends, financial trends and other pertinent underwriting issues to present to the approving Credit Officer
Ensures underwriting and structuring decisions reflect commitment to strong asset quality
Recommends prudent use of capital and maintains profitability hurdles for portfolio keeping the risk/return balance in mind
Obtains and negotiates all necessary documentation including, all credit agreements, notes, pledges and collateral and assures that the documentation correctly reflects rates, terms and special conditions
Acts as a value added member of deal teams with loan syndication, origination, and distribution for syndicated credits within the portfolio or for new prospects
Proactively assists Relationship Manager in development of marketing presentations and pitch books highlighting product solutions for client needs
Identifies potential problem accounts and works to improve the bank's position in undesirable situations
Mentors junior professionals
Qualification
Required
Bachelors degree in finance, accounting, economics or related field
5+ years of experience in one or a combination of the following: underwriting, credit, or portfolio management in Project Finance for power and renewables sector and competence in Financial Modeling
Strong knowledge of the different power and energy markets in the US including the regulatory environment
In-depth knowledge of the Renewable Energy Project Finance industry
Preferred
Experience in back-leverage transaction, community solar, distributed generation and other project finance assets (gas-fired, LNG, transmission)
Strong knowledge and understanding of corporate banking credits, cash flow analysis, and underwriting guidelines
Ability to thoroughly analyze credits on an independent basis and communicate findings in a concise manner
Strong analytical skills with high attention to detail and accuracy
Excellent verbal, written, and interpersonal communication skills
Benefits
Health insurance coverage
Wellness program
Life and disability insurance
Retirement savings plan
Paid leave programs
Paid holidays
Paid time off (PTO)
Company
Huntington Commercial Bank
At Huntington Commercial Bank, connecting you to success is what drives us.
1001-5000 employees
Funding
Current Stage
Late StageCompany data provided by crunchbase