Portfolio Manager, Digital Infrastructure – Data Center, Tower, and Project Financing

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. When you choose a career with CoBank, you make a difference by standing for something that matters. In order to be the best, we hire the best!

Remarkable Benefits Offered by CoBank

• Careers with a purpose. Stand for something!
• Time-Off Packages, boasting over 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 $10,000 per year
• Outstanding 401k: up to 6% matching and additional 3% non-elective contribution
• Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
• Associate Resource Groups: creating a culture of diversity and inclusion
• Recognize a fellow associate through our GEM awards

Job Description

Supports overall relationships with key Financial Sponsors, Infrastructure Funds, individual companies and lead banks focused on the Digital Infrastructure sector. Provides portfolio management and credit support to a team of Relationship Managers and is responsible for supporting the market development, prospecting, account management, and credit underwriting in Digital Infrastructure: data center, tower, and project finance non-recourse or limited recourse financing opportunities including related to Financial Sponsor relationships; larger corporations, financial sponsors and their portfolio companies, or regional or rural broadband customer base including wireless providers, cable companies and fiber to the home providers. Responsible for coordinating with Relationship Managers and credit professionals on associated internal credit, research, and financial modeling functions. Mentors and provides guidance to junior associates, as appropriate. Supports the achievement of profitability and credit goals for the division through day-to-day management of account relationships. Supports maintaining effective relationships with governmental, industry, and financial groups to enhance financial performance and business effectiveness. Supports CoBank's engagement of and collaboration with the Farm Credit System.

Essential Functions

• Independently manages the day-to-day activity of an assigned portfolio of complex Digital Infrastructure transactions with a mix of accounts. This includes direct customer communication, as necessary.
• Provides autonomous oversight on refinancing of existing borrowers, amendments, consents and waivers, term conversions and provides recommendations to Relationship Managers regarding any credit deviations or concerns.
• Assists Relationship Managers with communication to critical internal stakeholders, including the Division leadership, Credit, Capital Markets, Agency, Loan Closing, Operations, and Treasury/Derivative functions.
• Leads and/or assists in due diligence of new or refinancing transactions.
• Leads the development and analysis of financial data and due diligence of contractual, technical, and market information for new or renewed financing arrangements. Collaborates with Communications Credit Analysts to guide the development and preparation of credit approval documentation for new, renewed financing arrangements and consent, waiver and amendment activities.
• Supports Relationship Managers in origination, structuring, and new business activities. Takes on primary responsibilities, as assigned, to negotiate, diligence, document, and close new Communications loans. These activities can include, preparing pre-screening memos, pitches, cash flow modeling of proposed structures, engaging with Farm Credit System or commercial bank partners, negotiating loan documentation, and managing lender expert consultants.
• Recommends decisions on loan terms and loan servicing actions within approved limits on assigned accounts.
• Manages to profitability and credit quality targets for portfolio.
• Prudently services accounts to protect CoBank and minimize losses.
• Handles customer questions and concerns related to billing, documentation and other inquiries.
• Maintains expertise in Communications segment and keeps up-to-date on industry trends, technology, regulatory requirements, and government programs.
• Provides leadership and guidance to junior level staff as appropriate.

Education

• Bachelor's Degree required
• Master's Degree or MBA preferred

Work Experience

• 5 ye