Senior Credit Officer - Project Finance - Power and Renewable Energy
Company: Cobank
Location: Englewood
Posted on: May 6, 2024
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Job Description:
Benefits Overview:A career at CoBank can offer you the
opportunity to make a personal impact on the people and communities
where we do business. When you choose a career with CoBank, you
make a difference by standing for something that matters. In order
to be the best, we hire the best!Remarkable Benefits Offered by
CoBankCareers with a purpose. Stand for something!Time-Off
Packages- over 15 days of vacation, 10 paid sick days and 11 paid
holidaysCompetitive Compensation & IncentiveHybrid work model:
flexible arrangements for most positionsBenefits Packages,
including Medical, Dental and Vision coverage, Disability,
AD&D, and Life InsuranceRobust associate training and
development with CoBank UniversityTuition reimbursement for higher
education up to $10k per yearOutstanding 401k: up to 6% matching
and additional 3% non-elective contributionCommunity Impact: United
Way Angel Day, Volunteer Day and Associate Directed
ContributionAssociate Resource Groups: creating a culture of
diversity and inclusionRecognize a fellow associate through our GEM
awardsJob 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.Essential
Duties and Responsibilities:Acts as primary account officer on
assigned transactions within the portfolio, including maintaining
accurate risk ratings, executing waivers, consents, and amendments,
preparing monitoring materials, and other tasks and administrative
items.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 memorandums.
Prepares summaries, presents facts, and offers opinions concerning
credit worthiness. Understands and follows bank guidelines,
policies, and procedures for the preparation and presentation of
credit information.Leads the internal credit approval process with
the review, preparation, and presentation of credit recommendations
for potential borrowers.Analyzes and sensitizes detailed financial
models prepared by clients to evaluate lending
opportunities.Manages an extensive diligence process including
review of consultant reports from independent engineers, power
market consultants, and renewable resource studies.Stays up to date
with industry trends and power markets in order to educate relevant
internal stakeholders.Works closely with Relationship Managers to
prepare and structure proposals for new business
opportunities.Assist with the training, development and work review
of junior staff.Completes special projects and participates and
authors industry research as requested by internal
stakeholders.Basic QualificationsBachelor's degree in business,
finance or relevant disciplineEight (8) or more years of credit
experience in banking industry; or appropriate combination of
education and experience.Preferred QualificationsAbility to quickly
learn and adapt to new processes and systems. Proven ability to
work independently and work well in a team-oriented environment.
Demonstrates intellectual curiosity and an interest in continuous
learning.Strong analytical and critical thinking skills, ability to
synthesize large amounts of information, analyze risk and identify
mitigating factors.Intermediate to advanced knowledge of financial
analysis, including cash flow analysis, balance sheet analysis,
profitability, liquidity, and solvency analysis.Intermediate to
advanced knowledge of Generally Accepted Accounting Principles
(GAAP), taxation, legal forms of organizations, and business
law.Intermediate to advanced knowledge of financial modeling
techniques and preparation of pro forma financial
statements.Ability to develop loan structuring alternatives to
mitigate risk and maintain customer satisfaction.Ability to perform
discounted cash flow analysis, capital budgeting (internal rate of
return, net present value, etc.), and equity valuation
calculations.Advanced ability to use spreadsheet, word processing,
and database applications.Understanding of commercial loan
documentation.Excellent interpersonal, negotiation, presentation,
oral and written communication skills.MBA (finance or related
discipline).Some travel required.Compensation InformationEstimated
Base Salary Range: $98,000-$133,000Target short-term incentive
opportunity: 25%About CoBank: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.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 EmployerAll qualified
applicants will receive consideration for employment without regard
to race, color, religion, sex, sexual orientation, gender identity,
national origin, disability, or status as a protected veteran.by
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Keywords: Cobank, Vail , Senior Credit Officer - Project Finance - Power and Renewable Energy, Accounting, Auditing , Englewood, Colorado
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