Credit Analyst, Project Finance

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 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 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.
• Completes annual reviews, consents, waivers, and amendments with minimal assistance from management, Portfolio Managers, and Relationship Managers.
• Assists in managing an extensive due diligence process including review of independent engineer reports, power market/environmental/insurance/transmission consultant reports, and resource studies.
• With minimal assistance, 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 with minimal assistance. 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 with limited supervision.
• 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 assigned.
• Keeps abreast of industry trends, power markets, and competitive environment in order to educate relevant internal stakeholders

Education

• Bachelor's Degree in business, finance, or relevant discipline required

Work Experience

• 1 year in credit/finance, preferably in banking or financial services industry required
• Foundational understanding of project finance deals
• Intermediate knowledge of financial modeling techniques and preparation of pro forma financial statements.
• Basic knowledge of financial analysis, including cash flow analysis, balance sheet analysis, profitability, liquidity, and solvency analysis.

Physical Exertion Details

Sedentary Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.

Travel Requirement Details

Occasional Travel occurs infrequently (typically, once a month or less).

About CoBank

The typical base pay range for this role is between $81,500 - $93,200. 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 of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law.

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.

REASONABLE ACCOMMODATION

We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing View email address on click.appcast.io. Include your contact information and specific details about your requested accommodation.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

CoBank is an Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.