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As a Climate Analyst at Amalgamated Bank, you’ll have opportunities to puzzle through how to finance world-changing projects led by clients who are striving for a more inclusive, just, and equitable society. We tackle today’s most pressing social issues and use finance as a tool to bring the future our clients envision into the present. The Climate Analyst will work closely with senior underwriters, the origination team and credit risk management in reviewing and analyzing financial models, conducting due diligence, helping structure the transaction, assessing credit risk ratings, preparing deal screen presentations, writing credit approval memorandums, presenting recommendations to credit committee and monitoring, and managing the credit portfolio.

When we come to work, our passion for socially responsible lending means we analyze cash flows and want to know whether deals create affordable housing for working families. We ask whether secondary repayment sources mean that women and their partners can access high-quality healthcare. We are in the fight against climate change, and when we come to work, we structure loans to bring the clean energy future closer day-by-day.

We are searching for applicants who want a job with purpose, who crave impact, and have the analytical chops to solve complex business problems. By joining our team, you’ll be joining a Bank that believes that that maintaining a diverse and inclusive workplace where everyone feels valued and respected is essential for us to grow as a company. We are dedicated to building a more equitable world in our everyday practices by embracing the values of our employees and customers.

This position may require periodic visits to either our San Francisco, New York, Boston or Washington DC offices. The credit analyst will work closely with senior underwriters, the origination team and credit risk management in reviewing and analyzing financial models, conducting due diligence, helping structure the transaction, assessing credit risk ratings, preparing deal screen presentations, writing credit approval memorandums, presenting recommendations to credit committee and monitoring, and managing the credit portfolio.

Essential Job Functions:

+ Analyze obligor’s financial position by interpreting, evaluating, and spreading financial statements, tax returns and projections.

+ Analyze financial models for renewable energy and/or energy efficiency projects and assist in preparing loan sizing and repayment models.

+ Determine the proper risk rating for all facilities in accordance with credit policy guidelines.

+ Attend meetings and/or conference calls on new transactions, collaborating with relationship managers and members of credit risk management in developing deal indicative term sheets and deal screen presentations.

+ Assist in preparing comprehensive credit memorandum narratives to support the proposed loans and analyze industry related policies, regulations, and risks and mitigants.

+ Perform covenant(s) compliance and manage the portfolio

+ Assist in early identification, classification, and management of impaired credits.

+ Assist in presentation of transactions to credit committee in support of approval.

+ Review loan documentation for all underwritten or managed credits, prepared by internal or external counsel for covenant compliance and credit monitoring.

+ Perform other transaction related and administrative duties as required.

Knowledge, Skills and Experience Requirements:

+ Bachelor’s degree in accounting, finance, or related field with proven academic excellence

+ Experience or interest in working within the renewable energy space.

+ Excellent organizational skills and attention to detail

+ Ability to work on multiple transactions simultaneously and prioritize assignments to meet deadlines

+ Strong analytical and problem-solving ability

+ Strong communication and interpersonal skills

+ Excellent team player

+ Proficient in Microsoft Office, including Excel and Word

+ Previous credit underwriting and/or banking experience a plus

Our job titles may span more than one career level. The starting base salary for this role is between $70,000.00 – $80,000.00. The actual base pay is dependent upon many factors, such as: training, transferrable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future.

Amalgamated Bank is an Equal Opportunity and Affirmative Action Employer, Minorities / Females / Individuals with Disability / Veterans . (https://www.eeoc.gov/sites/default/files/migrated\_files/employers/poster\_screen\_reader\_optimized.pdf) AmeriCorps, Peace Corps and other national service alumni are encouraged to apply. View our Pay Transparency Statement (https://www.amalgamatedbank.com/sites/default/files/pay-transparency.pdf) . Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank, we consider an applicant to be someone who has interviewed at least once, in person, with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas.

Hybrid Work Model

Effective February 18, 2025, employees in office-based positions will be working a Hybrid work schedule consisting of three days or more, on-site per week, Monday - Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence. This Hybrid work model does not apply to, and daily in-person attendance is required for, the contact center, branch service roles, and general services where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance does not apply to roles that have been designated as “remote”.

Search Firm Representatives- Please Read Carefully

Amalgamated Bank does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for the position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.