Associates, Renewables & Power Team

ING • New York, NY

49d • $149,000 - $175,000

About The Position

Work with the Renewables & Power Team in the origination of project financings with an emphasis on power project transactions. Responsible for onboarding clients and borrowers, supporting KYC, and preparing presentations and greenlight memos. Prepare credit, industry & market analysis and written summaries for new lending transactions building return and project finance debt models from scratch. Utilize internal applications to process risk rating models, greenlight memos, credit applications and ancillary documents. Perform due diligence and prepare presentation materials for new financing opportunities, capital structuring, and M&A transactions in the power sector, and assist in the maintenance of industry and market intelligence databases. Apply understanding of GAAP accounting principles financial markets and products, corporate and bankruptcy law, and core financial statements including Income Statements, Cash Flow Statements and Balance Sheets.

Requirements

• Bachelor's degree or foreign equivalent in Accounting, Finance, or Mathematics and minimum 4 years of analyst or associate level banking experience
• Project and corporate finance experience in the North American power industry
• Credit analysis and underwriting skills on corporate and project level debt
• Risk and return analysis on key banking products
• Statistical skills
• Managing multiple projects simultaneously
• Proficiency in Excel and building financial debt models
• GAAP accounting principles
• Core financial statements including Income Statement, Cash Flow Statement and Balance Sheet
• Fundamental understanding of key financial markets and products
• Corporate and bankruptcy law
• Various energy technologies and composition of US grids and electricity markets
• Tax equity markets and IRA rules and regulations

Responsibilities

• Origination of project financings with an emphasis on power project transactions
• Onboarding clients and borrowers, supporting KYC, and preparing presentations and greenlight memos
• Prepare credit, industry & market analysis and written summaries for new lending transactions building return and project finance debt models from scratch
• Utilize internal applications to process risk rating models, greenlight memos, credit applications and ancillary documents
• Perform due diligence and prepare presentation materials for new financing opportunities, capital structuring, and M&A transactions in the power sector
• Assist in the maintenance of industry and market intelligence databases

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Number of Employees: 5,001-10,000 employees