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Bank Of America Global Renewable Energy Credit Portfolio Manager 
United States, New York, New York 
276506632

25.06.2024

Job Description:

Job Description:
The Global Renewable Energy Credit Portfolio Manager will be responsible for the ongoing credit administration, monitoring, review, and analysis for a designated portfolio of tax equity (e.g., distributed generation solar, fuel cell, EV, storage) and debt project financings originated by the Global Sustainable Finance Group.

The Portfolio Manager may also be involved in the execution of tranche fundings of closed tax equity and project finance transactions. The tranche funding process entails the Portfolio Manager working extensively with the client and the transaction’s Originators, Credit Underwriting, Risk Management, Engineering/Technical experts (internal and external), Modelling (internal and external), Legal counsel (internal and external), Appraisers, Finance and Tax teams (as needed) to ensure that all of the required documentation for a funding are in compliance and conditions precedent are satisfied before the release the requested funds.

During the tranche funding process, the Portfolio Manager will have significant interaction with clients, as well as the relevant internal and external subject matter experts.

Responsibilities:

  • Ensures compliance with the terms of and reporting requirements of transaction agreements.
  • Evaluates and processes project related consent requests (e.g., amendments, waivers, extensions) from clients.
  • Performs periodic project performance and financial reviews of transactions.
  • Prepares and writes periodic status reviews and update risk rating scorecards.
  • Monitors the credit profile of key transaction counterparties (e.g. borrowers, off-takers, project sponsors and servicers).
  • Provides timely responses to inquiries on the portfolio from senior credit and risk management team members.

Required Qualifications:

  • Minimum 4 years of experience in banking or finance industry in corporate credit, tax equity, project finance and/or renewable energy.
  • Ability to review, understand and interpret legal documentation of complex transactions and their impact on credit exposure.
  • Ability to work efficiently and productively on multiple transactions or tasks at one time.
  • Results oriented, and able to keep track of and meet deadlines.
  • Ability to interact effectively and build relationships with internal and external clients and partners
  • Ability to independently lead diligence efforts, make approval recommendations, and execute timely funding.
  • Clear and articulate oral and written communication skills.
  • Computer skills: proficient in Excel (Macros, VBA), Word and PowerPoint.

Minimum Education Requirements:

Undergraduate degree in finance, accounting or related major.

Skills:

  • Financial Analysis
  • Risk Management
  • Account Management
  • Credit Documentation Requirements
  • Credit and Risk Assessment
  • Issue Management
  • Analytical Thinking
  • Collaboration
  • Critical Thinking
  • Customer and Client Focus
  • Excellent Writing Skills
1st shift (United States of America)