Environmental Finance - Senior Asset Manager

Senior Asset Manager (SAM)

At U.S. Bank, we are on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel atall from Day One.

Job Description

USBIF is currently seeking a candidate to join our growing team of Environmental Finance professionals as a Senior Asset Manager (SAM). The AMs responsibilities include identifying and mitigating risk, managing the overall customer relationship, and underwriting and executing amendments and modifications for portfolio of complex renewable energy tax equity investments and related products (predominantly solar, wind, and battery storage systems). Participates in leadership of the team, either by leading special projects, mentoring new team members or leading training efforts.

Job Responsibilities

• Monitor project construction and development milestones, analyze project performance, and continually monitor risk profile of investments in compliance with all applicable banking regulatory requirements and internal procedures.
• Through the project financing stage, work with external partners, review due diligence for fundings, prepare funding packages, ensure project milestones are reached, and prepare monthly forecasting of equity fundings and credit delivery, and quarterly priority return collection, ensuring delivery of all projected investment benefits.
• Review complex legal documents pertaining to structured credit arrangements; works with counsel and business partners to negotiate and mitigate risks on behalf of USBIF.
• Timely and thoroughly review all due diligence documentation (including financial projections and third-party reports) with attention to detail, proactively identifying issues to be addressed.
• Review and analyze financial models and be able to identify and address underwriting, cash flow, and accounting risks.
• Prepare high-quality underwriting packages in support of post-closing deal amendments, modifications, or restructures, describing the strengths, weaknesses, risks, and mitigating factors related to a transaction.
• Manage through project issues that may arise and provide value-added solutions, proactively identifying uncertainties and grey-area situations to take well-reasoned and well-mitigated risk. Articulate the Banks position to customers, and advocate on behalf of Sponsors with Credit and management.
• Provide a high level of customer service through clear communication, managing internal and external customer expectations, and meeting commitments.
• Coordinate with a variety of internal and external parties to facilitate management of investments.
• Engage in the virtual team experience by active engagement in team meetings, trainings, and activities. Enhance the learning experience of other team members, and contribute to a collegial, collaborative team environment.

Basic Qualifications

Preferred Skills / Experience

Location Expectations

The role offers a hybrid / flexible schedule, which means theres an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

Benefits

Our approach to benefits and total rewards considers our team members whole selves and what may be needed to thrive in and outside work. Thats why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours) :

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range : $126,820.00 - $149,200.00