Analyst or Analyst II

New York State Energy Research•New York, NY

1d•Onsite

About The Position

NY Green Bank, a division of NYSERDA, is a specialized investment fund focused on financing clean energy and renewable infrastructure in New York State. It aims to bridge financial gaps, mobilize private capital, and develop replicable transaction structures. NYSERDA, as a leader in New York's energy transition, has a 50-year history of protecting the environment and promoting energy efficiency, cost reduction, and reduced fossil fuel reliance. NYSERDA collaborates with various stakeholders to attract private investment, overcome clean energy barriers, and ensure equitable benefits from the clean energy transition.

Requirements

A Bachelor’s degree with less than 1-year relevant experience (for Analyst) or 1 year of relevant experience (for Analyst II) with a demonstrated interest in the energy sector broadly, with a focus on renewable technologies and energy transition.
Strong analytical and credit skills, including the ability to analyze financial statements, market data, and comparable transactions to draw conclusions and investment recommendations.
Strong verbal and written communication skills with the ability to articulate complex concepts and advocate accordingly.
Unparalleled work ethic with the ability to perform under pressure and tight deadlines and a willingness to commit substantial time and energy to the success of NYGB’s mission.
Demonstrated ability to work independently and support project teams on complex transactions.
Strong sense of professional judgment and ability to solve problems creatively.
Ability to demonstrate respect and inclusive behavior and practices of a diverse workforce and community.
An ability and desire to learn from others.

Responsibilities

Advance financial, technological, and legal due diligence for project finance loans, including origination, diligence, structuring, financial modeling, negotiation, execution, and portfolio management.
Assess the feasibility and viability of lending opportunities with a focus on predevelopment, construction, and term loans.
Review construction budgets, sponsor financial statements, and cash flows of projects to evaluate risks and assess creditworthiness.
Structure and negotiate transaction terms based on established underwriting guidelines in alignment with NY Green Bank’s mission.
Perform financial modeling and analyses of comparable transactions to support investment recommendations.
Collaborate with internal teams, developers, and legal counsel to structure loan agreements and negotiate terms with counterparties.
Prepare and present credit memoranda and investment summaries for internal review and approval by the NY Green Bank’s Investment and Risk Committee.
Monitor and manage the existing loan portfolio, including tracking project performance, covenant compliance, and proactively identifying and managing potential risks.
Present comprehensive updates on individual transaction performance during monthly and quarterly portfolio reviews.
Perform activities furthering NYGB's mission while meeting timelines across multiple priorities to achieve desired objectives.
Stay informed of industry trends, emerging technologies, regulatory shifts, and market barriers.
Contribute to high-performing teams, foster collaboration, accountability, and inclusive practices.
Participate in trainings, mentorship, and learning opportunities.
Foster a positive, supportive, encouraging, and collaborative team culture.
Perform all job responsibilities with respect, fairness, consistency, and inclusion.