Junior Financial Underwriter (Hybrid)

Summit•Washington, DC

3h•Hybrid

About The Position

Summit Consulting, LLC provides quantitative and qualitative solutions to help federal agencies and mission-driven organizations address complex challenges in financial management, risk management, program delivery, and analysis. Our practitioners combine technical rigor with practical implementation experience, working collaboratively with clients to support sound decisions, strengthen program operations, and improve outcomes for the communities they serve. Summit is seeking a Financial Underwriter with 2 to 4 years of experience to support federal energy and infrastructure finance work. This position is based in Washington, DC. The selected applicant will contribute to financing, underwriting, and analytical activities involving energy, utility, and infrastructure assets that support economic opportunity, system reliability, affordability, resiliency, and long-term community benefit. This role is focused on the asset types and financial characteristics associated with energy and utility infrastructure, including renewable generation assets, battery energy storage systems, electric distribution and transmission assets, grid modernization investments, rural and community-serving utility systems, and related infrastructure assets. The work requires the ability to evaluate asset-level financial performance, borrower or sponsor capacity, cost reasonableness, operating assumptions, repayment capacity, and the strength of supporting documentation. The strongest candidates will bring sound financial judgment, careful attention to detail, strong writing skills, and the ability to evaluate project and asset information in a clear, well-documented, and defensible manner. Candidates should be comfortable reviewing financial materials, identifying documentation gaps, supporting risk analysis, and preparing clear summaries that help senior underwriters and client stakeholders make informed financing decisions.

Requirements

A bachelor's degree in finance, accounting, economics, business, public policy, energy policy, engineering, or a similar program.
Two to four years of experience in financial underwriting, credit analysis, commercial lending, project finance, infrastructure finance, public finance, energy finance, federal loan or grant program support, or a similar analytical role.
Strong understanding of financial statements, cash flow analysis, credit risk, repayment capacity, financial ratios, asset-level budgets, and documentation review.
Ability to evaluate capital budgets, financing assumptions, operating projections, sources and uses of funds, and borrower or sponsor financial capacity.
Working knowledge of energy, utility, or infrastructure asset considerations, such as capital cost drivers, operating costs, revenue assumptions, useful life, resiliency, maintenance needs, system reliability, and long-term financial sustainability.
Ability to identify, document, and communicate financial, credit, operational, implementation, and documentation risks in a clear and organized manner.
Excellent analytical and technical writing skills, including grammar, editing, and proofreading skills, to complete underwriting narratives, financial summaries, risk assessments, and recommendation materials.
Proficiency with Microsoft Excel, Word, and PowerPoint, including the ability to work with financial schedules, summarize quantitative results, and prepare polished written deliverables.
Strong organizational skills, attention to detail, and ability to manage multiple application reviews or underwriting assignments at the same time.
Ability to work collaboratively with colleagues and clients and communicate effectively in technical and non-technical settings.

Nice To Haves

Experience supporting federal lending, grant, credit, loan guarantee, or financial assistance programs, including application review, underwriting, credit assessment, or portfolio support.
Familiarity with energy, utility, infrastructure, clean energy, electric cooperative, public power, Tribal, community-serving, or rural asset finance.
Experience reviewing renewable generation, battery energy storage, electric distribution or transmission, grid modernization, utility system, or other infrastructure assets.
Experience preparing underwriting packages, credit memoranda, financial risk assessments, loan committee materials, recommendation memoranda, or client-facing decision-support materials.
Ability to assess both quantitative financial metrics and qualitative asset risks, including applicant capacity, implementation risk, documentation quality, asset readiness, operating assumptions, reasonableness of costs, and long-term sustainability.
Familiarity with infrastructure or project finance concepts, including sources and uses of funds, debt service coverage, repayment capacity, operating projections, reserve assumptions, useful life considerations, and sensitivity considerations.
Ability to translate financial, technical, and asset-level information into clear narratives that support sound financing and program decisions.

Responsibilities

Review, analyze, and conduct financial due diligence for energy, utility, and infrastructure assets, including renewable generation, battery energy storage, electric distribution and transmission systems, grid modernization assets, and related community-serving infrastructure.
Review financial statements, operating statements, budgets, sources and uses of funds, debt schedules, capital expenditure plans, asset-level cost documentation, and other materials to assess applicant, borrower, or sponsor capacity.
Evaluate the financial reasonableness of asset investments, including capital costs, financing structures, projected revenues, operating expenses, repayment capacity, reserve assumptions, useful life considerations, and long-term sustainability.
Analyze borrower creditworthiness, liquidity, leverage, operating performance, cash flow, and ability to meet proposed financing obligations.
Review loan, grant, credit, or financial assistance application materials for completeness, consistency, documentation quality, and alignment with applicable financing requirements.
Identify documentation gaps, financial inconsistencies, unsupported assumptions, asset-level risks, borrower risks, and follow-up questions needed to support a complete underwriting review.
Support the assessment of financial and operational risks, including sponsor capacity, asset feasibility, implementation considerations, operating assumptions, repayment risk, and adequacy of supporting documentation.
Prepare clear underwriting narratives, financial summaries, risk assessments, issue papers, and recommendation materials for both technical and non-technical audiences.
Work in a team environment with other underwriters, business intelligence analysts, project managers, and client stakeholders to contribute to overall processing goals and consistent application review standards.
Monitor assigned application reviews and promptly support new submissions, revised materials, resubmittits, and client requests.
Communicate analysis in oral and written formats to respond to immediate, short-term, and long-term client and colleague requests.