VCEIB Investments Lead

Virginia Information Technologies Agency•Richmond, VA

12d•$70,000 - $85,000•Onsite

About The Position

Virginia Energy’s State Energy Office is seeking a qualified candidate to support the investment process and help manage the Virginia Clean Energy Investment Bank (VCEIB) portfolio under the direction of the VCEIB Director. This role will be responsible for sourcing potential investments and supporting transactions from start to finish, including coordinating due diligence, conducting financial modeling and analysis, structuring deals, preparing investment memos, and more. The candidate will also assist in managing the bank’s existing investment portfolio. Additional responsibilities may include drafting policies and procedures, building partnerships with public and private capital providers, and managing key stakeholders throughout the transaction process. The successful candidate will play a vital role in advancing the bank’s mission to mobilize public and private capital and accelerate the deployment of clean energy generation and energy infrastructure across Virginia. Virginia Energy’s mission is to lead the Commonwealth to a safe, reliable and responsible energy future with greater emphasis on renewable energy programs and economic development, as well as implement the Virginia’s Energy Plan to ensure the Commonwealth has abundant, reliable, affordable and clean energy. Come be a part of an agency that makes a difference. We have offices in Big Stone Gap, Charlottesville, and Richmond, Virginia.

Requirements

Experience in banking or investing, preferably with an emphasis on the energy sector
Track record of initiating, managing, negotiating, and closing financial transactions
Understanding of credit risk assessment and underwriting processes
Proven ability to perform financial modeling and conduct thorough due diligence to evaluate potential investment opportunities
Familiarity with relevant private-sector financial institutions, including commercial and regional banks; infrastructure funds; and private equity/venture capital firms
Demonstrated ability to help manage stakeholder review processes
Excellent analytical skills with attention to detail and the ability to manage multiple projects
Strong verbal and written communication skills for effectively engaging diverse stakeholders
A valid driver’s license with a good driving record
Demonstrate ability to assemble, analyze and prepare reports covering complex financial data
Ability to work with Agency management to communicate and present plans, budgets and recommendations effectively
Ability to work independently, multitask, and meet constant deadlines
Ability to apply computer skills in Windows, and network environments with specialized software

Nice To Haves

Strong background in energy finance is highly desirable

Responsibilities

Sourcing potential investments and supporting transactions from start to finish, including coordinating due diligence, conducting financial modeling and analysis, structuring deals, preparing investment memos, and more.
Assisting in managing the bank’s existing investment portfolio.
Drafting policies and procedures.
Building partnerships with public and private capital providers.
Managing key stakeholders throughout the transaction process.

Benefits

Confirmation of receipt when application and/or résumé is submitted successfully.
Ability to check application status via 'Your Application' in account.
Applications and résumés accepted electronically through the Commonwealth of Virginia’s Electronic Recruitment System only.
Interview decisions based solely on information provided in electronic application and/or résumé.
Confirmation of receipt once application and/or résumé has been successfully submitted.
Ability to check application status via 'Your Application' in account.
All applicants for employment must consent to a comprehensive background check.
Selected candidates must successfully pass a drug test, reference, driving, and criminal background check.
Designated to file a financial disclosure under the State and Local Government Conflict of Interests Act.
Restricted position; continued employment is contingent upon available funding.
Does not offer visa sponsorship. Candidates must be legally authorized to work in the United States without sponsorship now or in the future.
Selected candidate(s) will need to complete the I-9 Employment Eligibility Verification Form.
Equal Opportunity Employer by both policy and practice, therefore prohibits discrimination on basis of sex, color, national origin, sexual orientation, gender identity, age, veteran status, political affiliation or disability in the recruitment, selection and hiring of our workforce.
Certified V3 organization, honors the Commonwealth’s veterans hiring preference.
AmeriCorps, Peace Corps and other National Service Alumni are also encouraged to apply.
Applicants requiring reasonable accommodation for any part of the application process, or any part of the remaining hiring process should contact the hiring agency directly.
Determinations on requests for reasonable accommodation will be made on a case-by-case basis.