U.S. Bank CDC Renewable Energy PM - Underwriting in Denver, Colorado
At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.
USBCDC is currently seeking a candidate to join our growing team of finance professionals as a Project Manager (PM). The PM’s responsibilities include underwriting, structuring, negotiating and closing complex renewable energy investments and loans (predominantly for solar and wind projects) utilizing Renewable Energy Tax Credits (RETC). The PM will prepare underwriting packages for proposed transactions and present to the company’s investment committee.
Job Responsibilities :
Participate in the early‐stage review of potential investments, loans, deal structures, programs, and partners.
Engage and manage third party professionals including attorneys, accountants, and engineers.
Review complex legal documents pertaining to structured investments; works with counsel and business partners to negotiate and mitigate risks on behalf of USBCDC.
Review financial projections, underwriting cash flow, accounting, and tax risks.
Coordinate with internal and external USBCDC departments to facilitate underwriting and closing of investments and loans.
Close transactions in accordance with bank policies while managing customer expectations and timelines.
Participate in special projects, including the development and revision of internal policies and procedures.
Actively ensure compliance with the U.S. Bank Code of Ethics and all Anti‐Money Laundering, Bank Secrecy Act, and information security policies and procedures. Follow account opening procedures and internal suspicious activity referral requirements and processes.
Basic Qualifications :
Bachelor's degree in finance or accounting, or equivalent experience
Four or more years of experience in financial services and/or real estate activities
Three or more years of CDC experience, or comparable work experience
Preferred Skills/Experience :
Five or more years of experience in financial services, renewable energy, or comparable experience
Renewable energy project finance or banking background preferred
Demonstrated interest in promoting diversity in the workplace and a commitment to maximizing equitable access to the benefits of renewable energy.
In-depth knowledge of renewable energy tax credit programs and structures.
High degree of familiarity with utilizing project finance models to underwrite debt and/or tax equity.
In-depth knowledge of construction/term project finance lending and related products.
Detailed knowledge of critical aspects of renewable energy project underwriting, 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 derivatives, as well as renewables-focused regional incentives.
Familiarity with critical banking processes and procedures, including credit policy review and approval.
Well-developed analytical skills which includes the ability to simplify and distill complex problems and issues.
Strong ability to develop trust and rapport with customers.
Excellent time management skills with the ability to effectively manage client timelines and needs. Ability to identify obstacles and manage expectations, both internally and externally.
Effective listener and advanced communication skills, both oral and written.
Highly motivated self-starter who has a good attention to detail, growth mindset, and ability to be comfortable in periods of unpredictability
U.S. Bancorp Community Development Corporation, the tax credit and community development division of U.S. Bank, believes all people have a right to the possibilities that come with living in a safe and vibrant community. Our investments in affordable housing, economic development and renewable energy projects have a lasting social and environmental impact in communities. Visit www.usbank.com/cdc to learn more.
Our teams put equity at the center of our intentions, operations and actions. Diverse identities, backgrounds, and perspectives help to create a better workplace for everyone, should be appreciated, and should be intentionally sought out. All our employees should have access to opportunities for growth and development throughout their careers. By putting equity at the center, our organization will retain great employees who know they will be able to make meaningful contributions and to do their best work here.
Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.
Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting usbank.com/careers (https://www.usbank.com/careers/index.html) .
EEO is the Law
Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) poster.
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program (https://www.usbank.com/careers/verification-of-eligibility-for-employment.html) .
Salary range reflected is an estimate of base pay and is for the primary location. Base pay range may vary if an offer is made for work in a different location. Pay Range: $98,175.00 - $115,500.00 - $127,050.00
Our 74,000 employees work across departments to help our millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world turn their dreams into reality. Our employees are empowered to create change and drive our future, and we pride ourselves on diligently and ethically upholding U.S. Bank’s best-in-class financial record and legacy of more than 150 years in banking. Most importantly, we put people first, cultivating and treasuring meaningful relationships with the customers we serve, the colleagues we support and the communities where we live and work.