Senior Credit Analyst, Project Finance - Power & Renewable Energy

Benefits Overview

A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. In order to be the best, we hire the best! Benefits Offered by CoBank:

• Careers with a purpose
• Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
• Competitive Compensation & Incentive
• Hybrid work model: flexible arrangements for most positions
• Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
• Robust associate training and development with CoBank University
• Tuition reimbursement for higher education up to $10k per year
• Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match
• Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
• Associate Resource Groups: creating a culture of respect and inclusion
• Recognize a fellow associate through our GEM awards

Job Description

At CoBank, the Project Finance group is a specialized team of experienced energy finance experts with a proven record of structuring and efficiently executing custom finance solutions for owners of utility scale power generation assets in the United States. The team provides construction and term debt, revolving credit facilities, and letters of credit for projects in the solar, wind, natural gas-fired, energy storage, hydroelectric, and transmission sectors, to name a few. The Senior Credit Analyst will provide analytical and marketing support to senior bankers by analyzing and sensitizing financial models, complex credit analyses, and industry research, as well as through ongoing monitoring and review of the group's lending portfolio. The Senior Credit Analyst will be actively involved in working with Portfolio Managers and Relationship Managers as part of deal teams.

Essential Functions

• Supports senior team members and actively participates in the negotiation, structuring, and execution of new transactions.
• Independently develops credit information for use by appropriate staff and committees in making decisions about credit arrangements for new or existing borrowers. Cosponsors or approves credit requests within prescribed limits.
• Completes annual reviews, consents, waivers, and amendments independently with minimal edits from management, Portfolio Managers, and Relationship Managers.
• Manages an extensive due diligence process including review of independent engineer reports, power market/environmental/insurance/transmission consultant reports, and resource studies.
• Independently analyzes and sensitizes detailed financial models prepared by Project Finance clients to evaluate lending opportunities and assists in the review of loan documentation.
• Independently reviews all pertinent credit and financial information and determines the need for more thorough investigation or additional information. Analyzes information statements and related material and prepares thorough, well-written, and clear credit memos. Prepares summaries, presents facts, and offers opinions concerning credit-worthiness. Understands and follows bank guidelines, policies, and procedures for the preparation and presentation of credit information.
• Independently manages credit administration, account servicing, development, packaging, closing, documentation, and monitoring. Acts as primary account officer on assigned transactions within the portfolio, including maintaining accurate risk ratings, executing waivers, consents, and amendments, and preparing monitoring materials, and other tasks and administrative items.
• Maintains control over current accounts, monitoring for payment progress and any developing problems. Provides relevant and timely information to internal stakeholders including account officers, relationship managers, and credit managers.
• Assists in the preparation of internal research and analysis, provides statistical reports, and verifies information. Prepares and delivers presentations on topics assigned.
• Informs teams of industry trends, power markets, and competitive environment in order to educate relevant internal stakeholders
• Demonstrates leadership ability and can provide mentorship, guidance, and training to junior colleagues on the team.

Education

• Bachelor's Degree required

Work Experience

• 3 years of credit experience in banking industry required
• 1 year credit experience working with project finance deals required
• Functional understanding of credit as it pertains to deals and loan structuring in project finance

Physical Exertion Details

Sedentary Exerting up to 10 pounds of for