Environmental Finance - Underwriter (Project Manager)

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.
Job Description
USBCDC is currently seeking a candidate to join our growing team of finance professionals as a Project Manager/Underwriter (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.
• Prepare underwriting packages for proposed transactions and obtain credit approval.
• 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

• Typically Bachelor's degree and eight or more years of related experience, OR
• MBA/JD with five or more years of directly related experience

Preferred Skills/Experience:

• Five or more years of experience in financial services, renewable energy, or comparable experience
• Renewable energy tax equity, 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 good attention to detail, a growth mindset, and the ability to be comfortable in periods of unpredictability or cyclical work flow.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.
Learn how the way we work at U.S. Bank drives meaningful relationships with our customers and collaboration across the company.
Benefits:
Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

EEO is the Law
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. Applicants can learn more about the company's status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.
E-Verify
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.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $123,165.00 - $144,900.00 - $159,390.00
U.S. Bank will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance.