Associate Credit Analyst, Project Finance

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!

Remarkable 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 Associate 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 Associate 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 participates in the negotiation, structuring, and execution of new transactions.

·         Develops or assists in the development of 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.

·         Assists in managing an extensive due diligence process including review of independent engineer reports, power market/environmental/insurance/transmission consultant reports, and resource studies.

·         Analyzes and sensitizes detailed financial models prepared by Project Finance clients to evaluate lending opportunities and assists in the review of loan documentation.

·         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 creditworthiness. Understands and follows bank guidelines, policies, and procedures for the preparation and presentation of credit information.

·         Assists with 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 as assigned.

·         Keeps abreast of industry trends, power markets, and competitive environment in order to educate relevant internal stakeholders.

Education

• Bachelor's Degree required

Work Experience

• Prior Experience Banking or Financial Services required

About CoBank

The typical base pay range for this role is between $70,100 - $80,200. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.

The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum