Credit Manager - Renewable Energy

FARMER MAC

62d•$150,000 - $180,000•Remote

About The Position

Farmer Mac is seeking an accomplished, analytical, and collaborative Credit Manager with at least seven (7) years of credit, lending, and structuring experience, including a minimum of five (5) years of relevant experience in renewable energy finance, project finance, or development. The Credit Manager will play a pivotal role in underwriting complex renewable energy transactions, managing Credit Underwriters and a diverse portfolio, and driving strategic growth within the Infrastructure Finance team. Team Summary Farmer Mac’s Infrastructure Finance team is a fast-paced, knowledgeable, mission-oriented team lending to organizations that finance renewable energy project finance transactions, power and utility entities and broadband companies, in addition to providing wholesale lending to a select group of financial institutions. Infrastructure Finance has delivered significant growth and is a crucial business in the execution of Farmer Mac’s strategic plan. The segment’s focus is on deepening existing client relationships, developing new customer relationships, and diversifying the products offered to clients. Position Summary The Credit Manager will lead the underwriting function of new loan opportunities, oversee the preparation of analytical credit recommendations, direct sensitivity modeling, and manage portfolio activities related to the Renewable Energy segment. This role includes maintaining and expanding industry knowledge with an emphasis on renewable energy, developing and sustaining key relationships with customers and business partners, and mentoring Credit Underwriters to ensure high performance and professional growth. The Credit Manager will also collaborate across internal teams to facilitate credit approval and post-approval processes and contribute to new product innovation. This position is expected to immediately impact the growth of Farmer Mac’s Renewable Energy segment and significantly advance the company’s strategic objectives and initiatives. Who You Will Work With The Credit Manager will report directly to the Senior Director – Credit Underwriting. This highly visible position will have regular interaction with the Senior Managing Director of Infrastructure Finance, Managing Director of Renewable Energy, Relationship Managers, Transaction Management, and Farmer Mac’s internal and external counsel. The Credit Manager will also engage frequently with the Farmer Mac credit committee, including the Chief Credit Officer, and with Farmer Mac clients. Where and When You Will Work The position can be remote or based in Farmer Mac’s Washington, DC or Johnston, IA, locations. Work outside of core hours may be required for planned and unplanned activities to complete time sensitive projects or to attend off-site meetings or events.

Requirements

Bachelor’s degree in finance, accounting, or a related field; advanced degree or relevant certifications preferred.
Minimum seven (7) years of credit underwriting, lending, or structuring experience, with at least five (5) years in renewable energy finance, project finance, or development.
Demonstrated experience managing, mentoring, or developing credit or underwriting professionals, including setting performance expectations, providing feedback, and fostering professional growth.
Deep understanding of power industry dynamics, project finance structures, and renewable energy technologies.
Proven ability to autonomously manage complex renewable energy transactions, including financial modeling, risk assessment, and documentation review.
Exceptional skills in credit analysis, quantitative and qualitative assessments, valuation, and loan underwriting.
Strong leadership, communication, and interpersonal skills; ability to work effectively across teams and with senior management.
Demonstrated commitment to risk management best practices and continuous professional development.
Self-starter with a strong work ethic and the ability to manage multiple priorities efficiently.

Responsibilities

Lead the underwriting function and assist with the portfolio management function for renewable energy transactions, serving as a primary point of contact for clients and internal stakeholders.
Manage and mentor a team of Credit Underwriters, overseeing training initiatives and career development, while cultivating a high-performance culture focused on excellence and continuous improvement.
Independently review and analyze complex transactions across the U.S. project finance landscape, with a focus on renewable energy.
Critically evaluate potential transactions, including deal structure, counterparties, technology, contracts, and financial models.
Oversee the review of loan documentation and consultant reports, advising on structural considerations and risk mitigation.
Review and help prepare the delivery of high-quality credit presentations and recommendations to the credit committee, supporting new or incremental credit exposure.
Collaborate with Relationship Managers, Transaction Management, Loan Operations, and Legal to ensure seamless transaction execution.
Review credit memos and work with deal team to obtain approval and close the transaction.
Support an existing portfolio of borrowers, monitor financial performance, report on covenant compliance, and maintain accurate risk ratings.
Support annual portfolio reviews, including risk rating rationale, and manage portfolio credit actions such as amendments, waivers, and consents.
Oversight, review, train and develop Power and Utilities credit underwriting segment
Maintain up-to-date knowledge of industry trends, market conditions, and regulatory developments in renewable energy and project finance.

Benefits

Our compensation philosophy is targeted pay positioning relative to peers, our industry, and external markets.
Farmer Mac is committed to a compensation program that will enable the organization to attract, motivate, reward, and retain highly skilled and creative talent to maintain sustained long-term performance and achieve the organization’s strategic business objectives.
The typical starting salary range for this position is between $150,000–180,000, although wages can vary based on experience and geography, plus performance-based bonus and equity-based awards.
Individual compensation will be commensurate with the candidate's experience.

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