Vice President, Renewable Energy Tax Equity Relationship Banker
About The Position
Huntington National Bank is seeking a Vice President level banker specialized in renewable energy tax credit sale-leaseback transactions. This role requires in-depth knowledge of the renewable energy finance market and extensive transaction experience in renewable energy project finance, with strong structuring, pricing, negotiation, and documentation skills. The ideal candidate will have over 7 years of experience in renewable energy project finance and strong skills in structuring and negotiation. The renewables energy tax credit team is part of the Renewable Energy Finance team within the broader Project Finance and Infrastructure group. This team leads the sourcing, structuring, negotiating, documenting, and closing of sale-leaseback transactions. The Banker will support senior relationship managers in originating, structuring, and closing sale-leaseback transactions for renewable energy assets.
Requirements
- Bachelor’s degree or equivalent education and/or work experience
- 5+ years in project finance, tax equity, equipment finance, or renewable energy banking
- Deep understanding of renewable energy tax equity regulation, IRC Section 48 Investment Tax Credits, and IRS rules regarding equipment lease transactions
- Demonstrated structuring, negotiation, and documentation skills in tax equity transactions
- Strong organizational, analytical, and due diligence skills
- Advanced Microsoft Excel skills
- Strong working experience with ABC pricing software
- Strong leadership and interpersonal skills
- Excellent verbal and written communication skills
- Ability to travel
Responsibilities
- Support the sourcing and developing of new transaction opportunities
- Support the sourcing and developing of new sponsor/developer relationships
- Assist HNB senior relationship managers on renewable energy financing opportunities with existing and prospective bank clients
- Lead pre-commitment transaction diligence
- Create competitive and profitable proposals using debt and tax equity financing structures
- Represent and be accountable for transactions in HNB
- Support financial, commercial, and technical due diligence, including navigating complex documentation like participation agreements, leases, and tax indemnification agreements
- Support building and reviewing complex financial models for sale-leasebacks (Section 467) to optimize tax equity economics, including depreciation and cash/income waterfalls
- Lead negotiation of transaction documents
- Interact with external counsel, independent engineer, appraiser, and other consultants on pre-closing transaction diligence
- Lead transaction closing process in coordination with HNB Operations
- Interact with sponsors on post-closing items and requests
- Interact with lead banks and participant banks on post-closing items and requests
Benefits
- health insurance coverage
- wellness program
- life and disability insurance
- retirement savings plan
- paid leave programs
- paid holidays
- paid time off (PTO)
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
Associate degree
