This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. First Citizens Energy Finance leverages its deep industry knowledge and expertise to offer comprehensive financing solutions for renewable and conventional power generation. The unit manages a large, diverse portfolio that includes investments in all asset classes across the energy sector. In H 1 2023, the group was ranked #4 in US Power and Energy Project Finance by Po... more details
Overview This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. First Citizens Energy Finance leverages its deep industry knowledge and expertise to offer comprehensive financing solutions for renewable and conventional power generation. The unit manages a large, diverse portfolio that includes investments in all asset classes across the energy sector. In H1 2023, the group was ranked #4 in US Power and Energy Project Finance by Power Finance & Risk, a top publication covering the energy project finance industry. The Associate - Renewable Energy Project Finance supports the Energy team at an advanced level through underwriting, analysis, and structuring recommendations for energy portfolios. Identifies, gathers, and reviews financial information to determine borrower risk ratings and appropriate loan structuring. Assesses and communicates risks within new and existing energy accounts. Provides service and support for both associates and clients, assisting in customer calls and may assist in identifying cross-sales opportunities to facilitate lending activities. Responsibilities Work closely with relationship managers and senior underwriters to prepare and structure proposals for new business opportunities Help support the internal credit approval process with the review, preparation and presentation of credit approval materials Support the due diligence process to review loan documentation, third party reporting, and participate in related discussions with the sponsor/borrower Help coordinate closing process with capital markets, legal, treasury, middle office Mentor the growth and development of analyst staffm Qualifications Required Bachelor's Degree and 2 years of experience in Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis. OR High School Diploma or GED and 6 years of experience in Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis. Preferred Bachelors Degree Business, Finance, Economics Experience Finance, Banking Completion of a formal credit training program preferred 2+ years project and corporate finance experience with a focus on energy and infrastructure assets including renewables, gas-fired power plants and clean tech Ability to analyze cash flow models and develop own sensitivities; strong Excel skills trong communication and writing skills Ability to lead and train junior staff Self-starter with ability to multi-task If hired in Santa Monica, the base pay for this position is generally between $110,000 and $130,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment. First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits
