Financial Modeling & Analysis Associate

Raymond James • Saint Louis, MO

9d • Hybrid

About The Position

The Modeling Associate is a member of Raymond James Renewable Energy Investment’s (RJREI) Product Origination team. The role supports underwriting, forecasting, valuation, and scenario analysis for renewable energy and tax credit investment opportunities. The Associate develops and maintains financial models, analyzes project and transaction economics, evaluates assumptions and sensitivities, and provides analytical support to Product Origination, the Transaction Team, and investor-facing teams throughout the investment lifecycle.

The position also supports opportunity evaluation, preliminary economic proposals, Investment Committee and investor materials, and transaction and investor requests. It coordinates with internal and external stakeholders to incorporate diligence findings and updated assumptions into analyses, maintains organized models and documentation, and monitors relevant market and regulatory developments. The workstyle is hybrid, and travel is less than 25%.

Requirements

• At least 3 years of relevant experience in renewable energy, project finance, investment banking, accounting, valuation, corporate finance, financial analysis, or a comparable analytical role; candidates with more extensive experience are encouraged to apply.
• Demonstrated experience developing, reviewing, or overseeing complex financial models, performing valuation and forecasting analyses, and evaluating investment or project economics.
• Advanced Microsoft Excel skills, including experience developing and evaluating sophisticated financial models.
• Strong financial modeling and analytical skills, including the ability to build, review, and interpret detailed financial models.
• Working knowledge of financial, accounting, tax, valuation, and investment concepts.
• Ability to analyze financial information, identify key value drivers and risks, and translate complex model outputs into clear conclusions.
• Understanding of underwriting, forecasting, valuation, scenario analysis, and sensitivity analysis techniques.
• Strong quantitative problem-solving skills and attention to detail, including the ability to identify inconsistencies in assumptions, calculations, and model outputs.
• Strong written and verbal communication skills, including the ability to summarize analytical findings for senior team members and transaction stakeholders.
• Ability to manage multiple assignments and deadlines while maintaining accuracy, responsiveness, and appropriate documentation.
• Bachelor’s degree in Finance, Accounting, Economics, Business, Engineering, Mathematics, or a related quantitative discipline; Bachelor’s degree is listed as required.
• Commitment to integrity, accountability, collaboration, intellectual curiosity, and high-quality work product.
• Ability to prioritize multiple assignments, learn quickly, and work collaboratively in a transaction-oriented environment.

Nice To Haves

• Familiarity with renewable energy or project finance concepts.
• Experience with renewable energy infrastructure, tax credit investments, partnership structures, transfer transactions, or project finance.
• Interest in renewable energy, investing, and transaction economics.

Responsibilities

• Build, maintain, and analyze financial models for renewable energy and tax credit investment opportunities, including project economics, cash flows, tax benefits, investment returns, and transaction metrics.
• Support investment underwriting by reviewing project assumptions, revenue structures, operating expenses, capital requirements, financing terms, tax attributes, and other inputs.
• Develop and maintain forecasts for project performance, investment returns, tax credit delivery, cash funding requirements, and other financial metrics.
• Perform valuation analyses to assess investment economics, pricing, expected returns, and the relative attractiveness of prospective opportunities.
• Conduct scenario analysis and sensitivity testing on assumptions such as project performance, timing, pricing, costs, tax benefits, and transaction structure.
• Review sponsor and third-party financial models for consistency, accuracy, and reasonableness, and reconcile outputs to supporting diligence materials.
• Support evaluation of new opportunities and development of preliminary economic proposals.
• Prepare analytical summaries, model outputs, charts, and supporting materials for Investment Committee presentations, investor materials, and internal transaction discussions.
• Coordinate with Product Origination, the Transaction Team, tax, accounting, legal, and other stakeholders to incorporate diligence findings and updated assumptions into analyses.
• Respond to investor and transaction requests with timely financial analysis, scenario comparisons, and supporting schedules.
• Maintain organized model files, assumptions, source data, and supporting documentation in accordance with RJREI processes and documentation standards.
• Monitor renewable energy and tax credit market developments, pricing trends, and relevant financial or regulatory considerations that may affect underwriting assumptions and valuation.
• Support ad hoc analysis, portfolio planning, forecasting, and other initiatives for the Product Origination team and broader RJREI platform.

Benefits

• Medical, dental, and vision benefits may be included.
• Life insurance may be included.
• Critical illness insurance and accident insurance may be included.
• Disability benefits may be included.
• Retirement savings may be included.
• Paid time off, including vacation, holidays, and sick leave, may be included.
• Parental leave may be included.
• Compensation may include additional compensation such as cash or equity, discretionary bonuses, or commissions.

What This Job Offers

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