Ohio (Central Ohio Region), USA
14 days ago
Commercial Portfolio Manager - Renewable Energy Finance (REF)
Description

Summary: 
The Renewable Energy Finance (REF) team at Huntington Bank originates project finance and non-recourse transactions for renewable energy facilities. This line of business is primarily focused on tax equity transactions in the renewables sector including wind, solar, storage and other forms of renewable investment.

The REF team is seeking a talented and ambitious Commercial Portfolio Manager to join the Renewable Energy Underwriting and Portfolio Management team. The Underwriting and Portfolio Management organization works with internal partners to underwrite as well as manage the existing portfolio of loans, supporting the Commercial Bank’s growth while ensuring a scalable, well-managed business.

Working closely with clients, Relationship Managers and the Credit Department, the Commercial Portfolio Manager will underwrite and build a high-quality project finance portfolio. This role manages all aspect of due diligence in credit underwriting, financial modeling, approval, execution as well as documentation. In addition, the Commercial Portfolio Manager conducts post-closing operational and contractual activities and safeguards the operational and financial performance of the renewable energy projects financed by HNB. 

Duties & Responsibilities:

Serves as the point person when underwriting credit transactions for the assigned portfolio and new clients.

Recommends capital structure and accumulates all data necessary to perform focused analysis.

Manages approvals for amendments and waivers to credit facilities, as well as monitors the financial performance of portfolio companies.

Reviews financial statements, projection models, project cash flow models and all other relevant financial and non-financial data to develop a concise focused analytical foundation for a credit decision.

Prepares thorough credit underwriting identifying industry concerns, market share trends, financial trends, and other pertinent underwriting issues to present to the approving Credit Officer.

Ensures underwriting and structuring decisions reflect commitment to strong asset quality.

Recommends prudent use of capital and maintains profitability hurdles for portfolio keeping the risk/return balance in mind.

Obtains and negotiates all necessary documentation including, all credit agreements, notes, pledges and collateral and assures that the documentation correctly reflects rates, terms, and special conditions.

Acts as a value-added member of deal teams with loan syndication, origination, and distribution for syndicated credits within the portfolio or for new prospects.

Proactively assists Relationship Manager in development of marketing presentations and pitch books highlighting product solutions for client needs.

Identifies potential problem accounts and works to improve the Bank's position in undesirable situations.

Mentors junior professionals.

Basic Qualifications:

Bachelor’s degree in finance, accounting, economics or related field.

3+ years of experience in one or a combination of the following: underwriting, credit, or portfolio management in project finance for power and renewables sector; competence in Financial Modeling.

Strong knowledge of the different power and energy markets in the US including the regulatory environment.

In-depth knowledge of the Renewable Energy Project Finance industry.

Preferred Qualifications:

MBA, CFA (or progressing to the Charter) or CPA is desirable.

Detailed knowledge of renewable energy project design, functioning, and operations & maintenance (O&M), power purchase agreements, and a strong understanding of renewable energy project finance.

Strong knowledge and understanding of corporate banking credits, cash flow analysis, and underwriting guidelines.

Ability to thoroughly analyze credits on an independent basis and communicate findings in a concise manner.

Strong analytical skills with high attention to detail and accuracy

Excellent interpersonal as well as verbal and written communication skills.

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Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

Yes

Workplace Type:

Remote

Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position

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