VP, Assistant Portfolio Manager (Project Finance)

Rabobank•New York, NY

3d•$165,000 - $250,000•Hybrid

About The Position

This is a client-facing role within a growing business line focused on Energy Transition. The position offers significant exposure to various financing structures, products, and technologies, making it an ideal opportunity for a motivated individual looking to enter the field of Energy Transition and Renewables financing. The team is known for its successful deal-making, efficient work practices, collaborative culture, and emphasis on knowledge building and sharing.

Requirements

Bachelors' degree
Experience with portfolio management and client management within energy, renewables, structured debt or project finance.
Strong written and verbal communication skills, with the ability to present complex financial information clearly and concisely.
Ability to manage competing priorities.
Ability to travel regionally, up to 15%.
Legally authorized to work in the United States on a full-time basis.

Nice To Haves

CFA is a plus.
MBA or technical graduate degrees preferred.
Prior work experience at a bank is a plus.

Responsibilities

Analyze and assess risk drivers and mitigants in transactions and financing structures.
Monitor portfolio developments and client requests.
Administer, manage, and monitor a high-volume and growing portfolio.
Analyze and respond to client requests professionally and in a timely manner.
Proactively manage credit risk by staying informed about developments in construction and operating projects (wind, solar, battery storage, and other sustainable energy technologies) and market trends.
Analyze and negotiate amendment, waiver, and consent requests from Borrowers, including writing credit memos, reviewing legal documentation, and completing internal workflows for approvals and execution.
Monitor portfolio deals by reviewing quarterly and annual financial statements and other reporting deliverables, and preparing annual reviews in conjunction with the Credit team.
Provide base case and downside case scenarios, internal deal ratings and pricing, counterparty analysis, contract analysis, and financial and structural analyses.
Responsible for Rabobank Risk Rating, LEA/LGD, and RAROC models.
Develop financial projections for projects and corporates.
Assist with portfolio monitoring by researching and collecting market and sector outlook data, transaction data, and updating internal databases.
Prepare and maintain operating performance tables for specific transactions, comparing actual performance against the base case and analyzing performance drivers and key credit metrics.
Review Borrower's financial condition, including historical financials and cash flow projections.
Track ratings of different counterparties (offtakers, guarantors, and other major counterparties).
Assist in draw and disbursements packages.
Review and analyze Letter of Credit issuances.
Monitor and review reporting deliverables.
Assist with covenant compliance tracking.
Update internal credit templates.
Assist with Portfolio analytics and portfolio projections.
Maintain ongoing compliance with internal reporting requirements.
Assist on any audit requests and portfolio administrative tasks as needed.
Support team members in day-to-day information flow with clients and third-parties in a transaction execution setting.
On Agented transactions: Manage communications with Lenders on amendment/waiver/consent requests.
Keep track of Lender required voting thresholds.
Support senior team members in the analysis and execution of various transactions.

Benefits

Medical, Dental and Vision plan coverages
401(k) plan
401(k) match (50% of the first 6% contributed)
Additional 3% of eligible pay in Safe Harbor contribution
Up to 3% in annual Discretionary Profit Sharing contributions
Generous paid time off program (up to 20 days of vacation time, 5 days of additional time off plus 7 sick days)
11 US holidays annually
Dollars for Doers program
Helping Hands program
Gift Matching programs
Parental leave