Environmental Finance - Engineering Technical Services Manager

US Bank • San Francisco, CA

57d • Hybrid

About The Position

U. S. Bank Impact Finance is currently seeking a candidate to join our growing team of Environmental Finance professionals as an Engineering Technical Services Manager. The incumbent's responsibilities include reviewing and advising on technical issues related to equity investments and project finance loans that utilize predominantly solar, wind, and battery storage systems. Responsibilities include coordinating internally with the Business Development, Project Management and Asset Management teams in addition to clients/sponsors and outside in supporting the review, due diligence and documentation of new and existing investments and loans. Coordinates technical due diligence, incorporates asset performance, and assists in the negotiation of technical terms in conjunction with closing transactions. Interfaces with external customers and third-party professionals such as independent engineers, attorneys, accountants, etc.

Requirements

• Typically Bachelor's degree, or equivalent work experience
• Typically 10 or more years of banking and/or tax credit industry experience
• Typically three or more years of management experience

Nice To Haves

• Typically Bachelor's degree, or equivalent work experience, in engineering or related technical field.
• Typically twelve or more years of technical experience in the renewable energy industry in engineering, consulting, development, or banking/tax credit roles.
• Typically six or more years of project management experience.
• Previous experience at a bank or finance organization (technical role), independent engineering firm, renewable energy developer, or similar organization.
• Strong knowledge of solar, wind, and battery storage systems including equipment technology, project design, production estimates, engineering-procurement-construction, interconnection, transmission risk, energy markets, power purchase structures, operations and maintenance, environmental permitting, real estate, appraisals, and financial modelling.
• Strong knowledge of EPC and O&M contracts.
• Considerable tact and interpersonal skills, including ability to effectively communicate complex technical material to non-technical personnel such as senior bank management, credit officers and customers.
• Well-developed leadership abilities and strategic management skills.
• Effective verbal and written communication skills.
• Strong analytical, decision-making and problem-solving skills

Responsibilities

• Participate in project-level technical due diligence for new investments and loans from origination through approval and operations for renewable energy investments as well as project finance expansion within the Energy and Power verticals.
• Identify potential risk areas and key issues for additional review, and/or detailed analysis and assessment and possible mitigation approaches.
• Collaborate with other functional groups to evaluate issues and identify solutions.
• Track emerging industry issues, developments and trends in technical areas relevant to the business pipeline.
• Provide input on 3rd party technical due diligence scope and oversee activities of outside technical consultants.
• Assess technical aspects of customer's financial models, customer/equipment experience, and customer/equipment performance.
• As needed, inspect assets being considered for financing and assets associated with existing investments.
• Produce internal written documentation relating to the findings and mitigants of technical, equipment, market, and commercial issues and communicate insights to internal parties including Credit Risk Management and Environmental Finance management.
• Assist asset management personnel in identifying, investigating and resolving equipment and portfolio performance issues.
• Establish technical policies, procedures, and training documentation for accomplishing Environmental Finance group's tasks.
• Maintain knowledge of Project Management policies and processes by periodically leading or co-leading the underwriting, structuring, and negotiating of investments in projects that contain unique technical aspects.
• Support Asset Management technical needs and requests related to existing large portfolio of assets and incorporate asset and equipment performance experience into underwriting standards.
• Support Business Development in screening investment opportunities, evaluating the developing trends in renewable energy, and setting standards for investment in emerging technologies.
• Develop and maintain relationships with the renewable energy technical community including independent engineers, equipment suppliers, and service providers.
• Collaborate with peers, counterparties, and third-party consultants to resolve issues and negotiate solutions.
• 10% travel to perform periodic site visits, attend conferences, and customer meetings.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 5,001-10,000 employees