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Environmental Finance - Assistant Director Asset…
- US Bank (New York, NY)
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At U.S. Bank, we’re 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 at—all from Day One.
Job Description
Job Responsibilities:
+ Train, mentor, and be an ongoing resource to AMs ensuring that portfolio risk monitoring and the workout and restructuring of troubled assets is done in accordance with credit standards.
+ Coach AMs to maintain a balanced approach to timely identifying issues, problem solving, and managing risk.
+ Review and approve funding packages for the team, ensuring all funding obligations are met prior to equity contributions.
+ Review, provide constructive feedback, and approve credit actions for the team, ensuring credit quality is maintained through deal amendments, modifications, and restructures.
+ Coach and develop AM staff in support of achieving their individual business goals, including short-term personal goals and long-term career paths.
+ Maintain a culture of inclusion where all people and perspectives are valued and leveraged; recognize and reward contributions and accomplishments.
+ Build and maintain a sense of team culture and teamwork within the group. Transparently share information and provide context for management and strategic decisions.
+ Organize and lead meetings (internal group meetings, process improvements, feedback sessions, training, and knowledge sharing).
+ Work collaboratively with the AM leadership team on staff assessments, consistency in talent management practices, planning, developing training resources and identifying opportunities to enhance the employee experience.
+ Actively work to improve processes, leverage best practices, increase efficiencies, and coordinate across other functional departments to enhance the customer experience.
+ Responsible for keeping current on credit policies, products, and services.
+ Ensure team compliance with the U.S. Bank Code of Ethics and all Anti-Money Laundering, Bank Secrecy Acts, information security and suspicious activity reporting requirements, policies, and procedures. Actively participates in any required corporate and business line training.
+ Responsible for Special Projects as assigned by the Director of Asset Management. Should demonstrate commitment to stretch in current role by seeking out new challenges and learning opportunities.
+ A team player who leads by example, promoting learning and mentorship with excellent interpersonal and teamwork skills.
+ Able to manage a staff working on multiple transactions at different stages concurrently while in different locations across the country.
+ Read and negotiate complex legal documents and work effectively with attorneys.
+ Navigate internally to problem solve and find answers or paths forward when one is not readily clear.
+ Attends industry events, conferences, and client events.
Required Qualifications** **:
+ Bachelor's degree in finance, energy, or related field
+ Seven to ten years of experience in renewable energy, tax credit equity, project finance, or commercial lending.
+ Expertise with investor risk mitigation. Ability to apply knowledge to new business opportunities (e.g., new tax credit programs, new asset classes or products) to address relevant risks and benefits.
+ Demonstrated ability to effectively coordinate and manage people, processes, and customer relations.
+ Proven credit management, underwriting and financial analysis skills, including cash flow analysis experience with complex, structured transactions, due diligence proficiency and detail orientation.
Preferred Skills/Experience** **:
+ In-depth knowledge of renewable energy tax credit programs and structures.
+ Detailed knowledge of critical aspects of renewable energy project underwriting, including equipment and performance review as well as a baseline understanding of U.S. energy markets including regulatory structures, physical and synthetic forms of power agreements and derivatives, as well as renewables-focused regional incentives.
+ Familiarity with critical banking processes and procedures, including credit policy review and approval.
+ Experience managing a staff working on multiple transactions at different stages concurrently while in different locations across the country.
+ Ability to read and negotiate complex legal documents and work effectively with attorneys.
+ Experience navigating internally to problem solve and find answers or paths forward when one is not readily clear.
+ Excellent communication skills in all directions, keeping leadership apprised of deal or relationship issues and trends in the portfolio, along with any deterioration in ongoing asset quality and performance in accordance with credit policy, and making recommendations to top management, including how and when to advocate for something.
+ Energized by working in a collaborative team environment that is dynamic and evolving.
Location Expectations
The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
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. That's 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):
+ Healthcare (medical, dental, vision)
+ Basic term and optional term life insurance
+ Short-term and long-term disability
+ Pregnancy disability and parental leave
+ 401(k) and employer-funded retirement plan
+ Paid vacation (from two to five weeks depending on salary grade and tenure)
+ Up to 11 paid holiday opportunities
+ Adoption assistance
+ Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
E-Verify
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: $143,905.00 - $169,300.00
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.
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