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U.S. Bank CDC Environmental Project Finance - Underwriter in Honolulu, Hawaii

At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Job Description

USBCDC is currently seeking a candidate to join our growing team of environmental finance professionals as a Project Manager (PM). The PM’s responsibilities include underwriting, structuring, negotiating, and closing complex renewable energy loans and investments (predominantly for solar and wind projects) utilizing Renewable Energy Tax Credits (RETC). The PM will prepare underwriting packages for proposed transactions, obtain credit approval, and close loans and investments.

Job Responsibilities:

  • Participate in the early‐stage review of potential loans, investments, complex deal structures, programs, and partners.

  • Engage and manage third party professionals including attorneys, accountants, consultants, and engineers.

  • Review complex legal documents pertaining to structured credit arrangements and investments; works with counsel and business partners to negotiate and mitigate risks on behalf of USBCDC.

  • Review and analyze financial models and be able to identify and address underwriting cash flow, accounting, and tax risks.

  • Review and analyze all necessary third-party reports to support financing or investment requests. Primarily responsible and accountable to review reports, address issues and challenge findings with vendors when appropriate, encourage third parties to deliver on time.

  • Coordinate with internal and external USBCDC departments to facilitate underwriting and closing of loans and investments.

  • Close transactions in accordance with bank policies while managing customer expectations and timelines.

  • Participate in special projects, including the development and revision of internal policies and procedures.

  • Actively ensure compliance with the U.S. Bank Code of Ethics and all Anti‐Money Laundering, Bank Secrecy Act, and information security policies and procedures. Follow account opening procedures and internal suspicious activity referral requirements and processes.

Basic Qualifications:

  • Bachelor's degree and six or more years of related experienceORMBA/JD with three or more years of directly related experience

Preferred Skills/Experience:

  • Advanced knowledge of financial modeling techniques and analysis of proforma financial statements.

  • Ability to lead projects, mentor junior employees.

  • Advanced credit underwriting and financial analysis skills, including strong cash flow analysis skills with complex, structured transactions, due diligence proficiency and detail orientation

  • Comprehension of complex project finance transactions, loan documentation, and deal structure mechanics

  • Knowledge of critical aspects of renewable energy project underwriting, including equipment and performance review as well as a baseline understanding of U.S. energy markets including regulatory structures, physical and synthetic forms of power agreements and derivative instruments.

  • Advanced ability to review and synthesize a large quantity of deal related documentation and materials, including third party reports, loan/investment documents, and other legal documents. Able to identify key issues and concerns, manage review timelines, and problem solve using creativity and innovation.

  • Familiarity with standard banking processes and procedures, including managing to credit policies and procedures and navigating credit approval processes.

  • Excellent time management skills with the ability to effectively manage client timelines and needs. Ability to identify obstacles and manage expectations, both internally and externally.

  • Effective listener and advanced communication skills, both oral and written.

  • Highly motivated self-starter who has a good attention to detail, growth mindset, and ability to be comfortable in periods of unpredictability.

  • Ability to work independently as well as collaboratively in a team environment.

  • Demonstrated interest in promoting diversity in the workplace and a commitment to maximizing equitable access to the benefits of renewable energy.

U.S. Bancorp Community Development Corporation, the tax credit and community development division of U.S. Bank, believes all people have a right to the possibilities that comes with living in a safe and vibrant community. The financing USBCDC provides for affordable housing, economic development, and renewable energy projects have a lasting social and environmental impact in communities. Visit USBCDC on the web to find out more at www.usbank.com/cdc .

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .

Benefits:

Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.

Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting careers.usbank.com .

EEO is the Law

Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) poster.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program (https://careers.usbank.com/verification-of-eligibility-for-employment) .

Salary range reflected is an estimate of base pay and is for the primary location. Base pay range may vary if an offer is made for work in a different location. Pay Range: $125,715.00 - $147,900.00 - $162,690.00

Due to legal requirements, U.S. Bank requires that the successful candidate hired for some positions be fully-vaccinated for COVID-19, absent being granted an accommodation due to a medical condition, pregnancy, or sincerely held religious belief or other legally required exemption. For these positions, as part of the conditional offer of employment, the successful candidate will be asked to provide proof of vaccination or approval for an accommodation or exemption upon hire.

U.S. Bank will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance.

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

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