Director Capital Markets

Origis Energy•White Plains, NY

8h•$185,000 - $250,000•Onsite

About The Position

Origis Energy is seeking an experienced Director Capital Markets who will play a pivotal leadership role building and scaling Origis’ fast-growing renewable IPP business. The ideal candidate will be the team lead on all aspects of execution of debt financing and tax equity investments. Reporting directly to the Senior Vice President Capital Markets, the Director Capital Markets is a regular, full-time position, and is eligible for our generous employee benefits package, including employer paid health insurance, paid time off, a 401(k) plan with employer matching contributions, and other great benefits.

Requirements

Bachelor’s degree minimum
Minimum of 8 years of relevant working experience in structured/project finance, preferably with another developer or IPP or in the financial industry with a leading Project Finance lender
Understanding of the renewable sector and associated capital structures including tax equity
Clear experience leading the structuring and execution of financing facilities
Existing relationships with the main PF lenders and tax equity investors active in the market
Solid understanding of Capital Markets and of the bank and tax equity markets in general, including deep appreciation for typical processes (credit and investment committees; KYC diligence; etc)
Robust financial modeling skills and ability to oversee more junior managers and associates
Excellent organizational skills, ability to manage multiple workstreams simultaneously
Fluency in negotiating project finance legal documentation including conditions precedents, reporting requirements, covenants, events of default and other key project finance concepts
Proven ability to complete tasks under strict deadlines; accountability and ownership of assigned work
Pride the consistent delivery of a high-quality work product, attention to detail
Strong written and verbal communication skills both internally and externally – with third party consultants, counsels and capital providers
Ability to work cross functionally
High degree of initiative and decisiveness
Problem-solving skills
Attention to details
Impeccable work ethics and ability to lead by example. Energetic about getting the team to success, and interested in mentoring junior team members
Comfort with financial modelling
Ambition to grow beyond current capabilities and role

Responsibilities

Responsible for sourcing and managing tax equity and debt for projects and corporate facilities, including review of proposals and recommendation
Coordinate preparation of RFP material for prospective lenders and investors, comprised of teasers and consultants reports and modeling
Task deal team with responsibilities to ensure smooth execution
Select prospective lenders and investors and organize formal outreach through an RFP
Compare offers and formulate a recommendation to the Head of Capital Markets, including selected counterparty(ies), execution strategy, and timeline
Oversee diligence with technical and financial advisors and address any issue that might arise in terms of timing and / or quality of deliverables. Ensure involvement and coordination with the right Origis teams (EPC, Resources, BD, Development…). Devise constructive solutions to address problems
Oversight and training of more junior team members in the deal team – ensuring that all deadlines are met and that the work product is high quality
Be ultimately accountable for delays in timing and deterioration in outcome (debt / tax equity quantum). Communicate on a weekly basis (Capital Markets call) and on an ad-hoc basis as needed
Provide final oversight on all financial modeling work, impact of structure on project IRRs and MOICs and communication of financial information internally and externally
Lead all documentation aspects - negotiation of term sheets and documents together with legal counsel
Develop strong relationships with debt providers and tax equity investors, to establish or maintain relationships with Origis’ capital providers and understand market trends