Credit Analyst, Project Finance
About The Position
At CoBank, the Project Finance group is a specialized team of experienced energy finance experts with a proven record of structuring and efficiently executing custom finance solutions for owners of utility scale power generation assets in the United States. The team provides construction and term debt, revolving credit facilities, and letters of credit for projects in the solar, wind, natural gas-fired, energy storage, hydroelectric, and transmission sectors, to name a few. The Credit Analyst will provide analytical and marketing support to senior bankers by analyzing and sensitizing financial models, complex credit analyses, and industry research, as well as through ongoing monitoring and review of the group's lending portfolio. The Credit Analyst will be actively involved in working with Portfolio Managers and Relationship Managers as part of deal teams.
Requirements
- Bachelor's Degree in business, finance, or relevant discipline required
- 1 year in credit/finance, preferably in banking or financial services industry required
- Foundational understanding of project finance deals
- Intermediate knowledge of financial modeling techniques and preparation of pro forma financial statements.
- Basic knowledge of financial analysis, including cash flow analysis, balance sheet analysis, profitability, liquidity, and solvency analysis.
Responsibilities
- Supports senior team members and participates in the negotiation, structuring, and execution of new transactions.
- Develops or assists in the development of credit information for use by appropriate staff and committees in making decisions about credit arrangements for new or existing borrowers. Cosponsors or approves credit requests within prescribed limits.
- Completes annual reviews, consents, waivers, and amendments with minimal assistance from management, Portfolio Managers, and Relationship Managers.
- Assists in managing an extensive due diligence process including review of independent engineer reports, power market/environmental/insurance/transmission consultant reports, and resource studies.
- With minimal assistance, analyzes and sensitizes detailed financial models prepared by Project Finance clients to evaluate lending opportunities and assists in the review of loan documentation.
- Reviews all pertinent credit and financial information and determines the need for more thorough investigation or additional information. Analyzes information statements and related material and prepares thorough, well-written, and clear credit memos with minimal assistance. Prepares summaries, presents facts, and offers opinions concerning creditworthiness. Understands and follows bank guidelines, policies, and procedures for the preparation and presentation of credit information.
- Assists with credit administration, account servicing, development, packaging, closing, documentation, and monitoring. Acts as primary account officer on assigned transactions within the portfolio, including maintaining accurate risk ratings, executing waivers, consents, and amendments, and preparing monitoring materials, and other tasks and administrative items with limited supervision.
- Maintains control over current accounts, monitoring for payment progress and any developing problems. Provides relevant and timely information to internal stakeholders including account officers, relationship managers, and credit managers.
- Assists in the preparation of internal research and analysis, provides statistical reports, and verifies information. Prepares and delivers presentations on topics assigned.
- Keeps abreast of industry trends, power markets, and competitive environment in order to educate relevant internal stakeholders
Benefits
- Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
- Competitive Compensation & Incentive
- Hybrid work model: flexible arrangements for most positions
- Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
- Robust associate training and development with CoBank University
- Tuition reimbursement for higher education
- Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match
- Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
- Associate Resource Groups: creating a culture of respect and inclusion
- Recognize a fellow associate through our GEM awards
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
