Credit Underwriter - Renewable Energy

FARMER MAC • US,

1d • $100,000 - $130,000 • Remote

About The Position

Farmer Mac is seeking a Credit Underwriter - Renewable Energy for its Infrastructure Finance team. This role involves underwriting new loan opportunities, writing analytical credit recommendations, running sensitivity models, and managing the portfolio within the Renewable Energy segment. The Credit Underwriter will maintain knowledge of the power and utilities industry, with a focus on renewable energy, and foster relationships with clients and business partners. This position will also develop internal relationships to support portfolio activities and contribute to new product innovation, aiming to accelerate growth and achieve strategic objectives within Farmer Mac's Renewable Energy segment.

Requirements

• Bachelor’s degree in finance, accounting or related.
• Three (3) or more years of credit underwriting experience or relevant renewable energy/project finance experience (e.g. development, finance, project management).
• General understanding or willingness to learn specific dynamics of power industries and project finance structures.
• Ability and desire to eventually handle renewable energy deal opportunities largely autonomously, including sensitizing financial models, calculating financial ratios, reviewing third-party reports and financing agreements, having awareness of power industry technologies and key participants, identifying key strengths and weaknesses, developing reasonable credit solutions, and providing credit recommendations.
• Excellent skills in credit analysis, quantitative and qualitative assessments, valuation, loan underwriting, and documentation review.
• Ability to work well in a team environment.
• Must have strong written and verbal communication abilities.
• Self-starter with strong work ethic and the ability to work on one or more tasks efficiently and effectively with minimal supervision.
• Broad knowledge of risk management processes and functions.

Responsibilities

• Primary contributor in the underwriting, portfolio management process, serving as a direct point of contact for client interaction during the underwriting and structuring phase.
• Review, analyze, and assess complex transactions from a variety of counterparties across project finance space within the United States, with a focus on renewable energy.
• Review and critically evaluate potential transactions including structure, key counterparties, technology, contracts, and financial projection models.
• Review loan documentation and consultant reports of potential opportunities for acceptability of terms and conditions and advise on structural considerations.
• Prepare and conduct credit presentations, recommending new or incremental credit exposure to the credit committee.
• Work with Relationship Manager, Transaction Management, Loan Operations, and Legal to coordinate the close of transactions.
• Manage an existing portfolio of borrowers, track ongoing financial performance and trends, report on covenant compliance, and ensure accurate borrower risk ratings.
• Secondary contributor in preparing annual reviews with risk rating rationale, managing portfolio credit actions including amendments, waivers, and consents.
• Develop and maintain knowledge of specific industries, economy, market conditions, rates, and competition.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level