VP - Senior Credit Officer Project Finance

Mitsubishi HC Capital America Inc•Norwalk, CT

2d•$235,700 - $286,300•Onsite

About The Position

Reviews, underwrites, and processes new Project Finance transactions in Specialty Finance, as well as managing the existing portfolio. The position holder has at least 8-10 years of experience in project finance. Assist in developing and training junior credit officers. The incumbent accepts the responsibility for establishing and maintaining the internal control system associated with the essential duties and responsibilities of the functional areas that the incumbent manages.

Requirements

In-depth knowledge of project finance industry, incl. expertise in financing of renewables and datacenters.
Strong credit analysis and financial modeling skills.
Extensive knowledge of structuring, underwriting, and documentation practices related to Project Finance transactions.
Advanced technical skills (Excel, PowerPoint, Word, etc.).
Excellent verbal and written communication skills. Adept at working with and presenting to senior level executives.
Strong interpersonal, organizational and communication skills.
Team player with a positive attitude.
Critical thinker that can look “out of the box” for solutions.
Time Management: ability to organize and manage multiple priorities and complete on a timely and accurate basis.
Have a clear understanding of MHCA’s credit policies and operational procedures.
Analytical ability
Ability to synthesize
Problem-solving
Ability to transmit information
Ability to listen
Ability to work in a Team
Detail-oriented
Ability to work independently
Action-oriented
Resilient
Adaptability
Self-starter
Business Acumen
Client-oriented
BS in Accounting, Finance or Economics or equivalent experience
Formal credit training, including financial modeling training (project finance)
Minimum 8-10 years of experience in project finance.

Nice To Haves

CFA candidate Level II/III or charter holder preferred

Responsibilities

Participate in internal and external meetings as needed to support origination efforts.
Evaluate new business transactions on a timely basis in collaboration with the origination team, with a specific focus on Project Finance transactions within MHCAs strategic focus, e.g., renewables financing and datacenters.
Prepare and present initial prescreen memo, including project overview.
Review project contracts (incl. PPAs, construction, leasing, concession, O&M agreements) to assess legal, technical, operational and counterparty risks.
Review and challenge complex project finance models to test key assumptions, sensitivity, and stress scenarios.
Coordinate with sponsor contacts, agent banks, external counsel, and other third-party professionals as part of the diligence and documentation processes.
Prepare the underwriting memorandum, including structural analysis, debt service analysis, summary of key due diligence findings, risks/mitigants and financial analysis of key project stakeholders.
Make recommendation to the SVP - Chief Credit Officer – Specialty Finance, EVP – Chief Credit Officer, and other senior management regarding transactions for approval under local delegation, or for their recommendation for approval by International Credit Division of MHC/Tokyo. Presentation to local Credit Committee as required.
Manage the transaction documentation and closing/funding process, including finalization of deal terms and coordination with internal/external legal counsel, sales and operations teams; ensure that actual terms and conditions reflect credit approval.
Proactively monitor borrower financial performance including financial and reporting covenant compliance and identify any adverse trends to senior management. Prepare periodic rating reviews/updates and assist in internal reporting.
Monitor trends across targeted industry sectors to support deal origination.
Manage Salesforce records and information files for opportunities.
Management responsibility for 3-4 credit officers/portfolio managers/analysts on the team.
Develop and train junior credit analysts, e.g., as part of a deal team on new transaction underwriting.