Senior Manager (VP), UWPM, Alternative Renewable Energy

Senior Manager (VP), UWPM, Alternative Renewable Energy

Capital One is seeking an experienced Senior Manager for its Alternative Renewable Energy team. The Line of Business is focused primarily on Tax Equity transactions in the Alternative Renewables sector including wind, solar, storage and other forms of renewable investment.

The Underwriting and Portfolio Management organization is responsible for working with internal partners to underwrite new transactions and manage the existing portfolio of Tax equity transactions. Our Underwriters and Portfolio Managers balance supporting the Commercial's Bank's growth and ensuring we have a scalable, well-managed business. This role supports the Alternative Renewable Energy, Underwriting and Portfolio Management team.

As a Specialty Underwriter & Portfolio Senior Manager, you are considered a deep subject matter expert in credit risk management or commercial lending for a specific line of business. In addition to performing your responsibilities autonomously, you may play a leadership role across deal teams by guiding or shaping less experienced associates. You are trusted to complete complex transactions or solve more unique problems because of your experience and job specific skills.

Primary underwriting responsibilities may include:

• Support and compile due diligence to draw conclusions on material current and future risks and mitigates; identify performance drivers, project future performance, and anticipate ability to repay investment; apply industry research across transactions and share key takeaways across the organization
• Leverage deep expertise in industry trends and market analysis to present findings and potential opportunities to senior management with ease
• Anticipate questions that will be raised during deal review and approval meetings
• Review financial models independently and incorporate complex structures or nuances
• Propose appropriate structuring options in tandem with deal team
• Write and prepare all parts of the credit approval document independently; identify need for supplemental analysis and discussion; review work of less experienced members of the team
• Oversee closing process requirements; review closing memo
• Support documentation process and negotiate provisions of term sheets, commitment letters, and fee letters with internal and external counsel as well as clients

Primary portfolio or asset management responsibilities may include:

• Review and approve annual reviews and both material and non-material modifications
• Facilitate and leads quarterly portfolio reviews; prepare watch and criticized reports for quarterly meetings & annual reviews
• Ensure portfolio data is accurate, timely, and complete to ensure strong quality and reporting capabilities

Additional Responsibilities may include:

• Build relationships across function and business to foster collaboration between partner groups
• Interact directly with customers to cultivate strong relationships
• Mentor and train rotational analysts and new hires
• Participate in internal initiatives to ensure the business is well-managed and operates efficiently
• Ensure compliance with credit policies and procedures

Basic Qualifications:

• Bachelor's Degree or Military Experience
• At least 5 years of experience in tax equity credit underwriting, portfolio management, or asset management

Preferred Qualifications:

• Bachelor's degree in Accounting, Finance, or other relevant fields
• 7+ years of experience in credit underwriting or portfolio management or asset management
• 1+ year of previous leadership experience with deal teams or analysts