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U.S. Bank · 18 hours ago

Environmental Finance - Assistant Director of Underwriting - Renewable Energy Project Finance

Charlotte, NC

Full-time

Hybrid

Senior Level, Lead/Staff

$144K/yr - $169K/yr

10+ years exp

U.S. Bank is on a journey to help customers and businesses make better financial decisions. They are seeking an Assistant Director of Underwriting to manage a team of underwriters for renewable energy project finance, focusing on underwriting, structuring, and managing complex loans while ensuring credit quality and a positive customer experience.

BankingFinancial ServicesInsuranceMortgageWealth Management

Responsibilities

Train, mentor, and be an ongoing resource to team members throughout underwriting, closing, and asset management. Coach PMs/PMAs to maintain a balanced approach to timely identifying issues, problem solving, and managing risk

Review, provide constructive feedback, and approve credit packages for the team, ensuring product and credit quality are maintained

Coach and develop PM Team staff in support of achieving their individual business goals, including short-term personal goals and long-term career paths

Maintain a culture of inclusion where all people and perspectives are valued and leveraged; recognize and reward contributions and accomplishments

Build and maintain a sense of team culture and teamwork within the group. Transparently share information and provide context for management and strategic decisions

Organize and lead meetings (internal group meetings, process improvements, feedback sessions, training, and knowledge sharing)

Work collaboratively with the PM leadership team on staff assessments, consistency in talent management practices, planning, developing training resources and identifying opportunities to enhance the employee experience

Actively work to improve processes, leverage best practices, increase efficiencies, and coordinate across other functional departments to enhance the customer experience

Responsible for keeping current on commercial lending policies, products, and services

Ensure team compliance with the U.S. Bank Code of Ethics and all Anti-Money Laundering, Bank Secrecy Acts, information security and suspicious activity reporting requirements, policies, and procedures. Actively participates in any required corporate and business line training in these areas

Qualification

Renewable energy project financeLoan documentationProject managementCredit policy reviewRisk mitigationTeam leadershipInterpersonal skillsCommunication skillsProblem solvingAttention to detail

Required

Typically Bachelor's degree, or equivalent work experience

Typically 10 or more years of banking and/or tax credit industry experience

Typically three or more years of management experience

Preferred

In depth knowledge of complex renewable energy project finance transactions, loan documentation, and deal structure mechanics

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

Expertise with investor and/or lender risk mitigation. Ability to apply knowledge to new business opportunities (e.g. new tax credit programs, new asset classes or products) to address relevant risks and benefits

Demonstrated ability to effectively coordinate and manage people, processes and customer relations

A team player who leads by example, promoting learning and mentorship with excellent interpersonal and teamwork skills

Able to manage a staff working on multiple transactions at different stages concurrently while in different locations across the country

Ability to conceptualize and structure complicated transactions that rely on knowledge of the industry, accounting practices, financing tools and underlying operating businesses

Ability to read and negotiate complex legal documents and work effectively with attorneys when needed

Demonstrated ability to navigate internally to problem solve and find answers or paths forward when one is not readily clear

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

Energized by working in a collaborative team environment that is dynamic and evolving