Environmental Finance - Engineering Technical Services Manager

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Job Description

U. S. Bank Impact Finance is currently seeking a candidate to join our growing team of Environmental Finance professionals as an Engineering Technical Services Manager. The incumbent’s responsibilities include reviewing and advising on technical issues related to equity investments and project finance loans that utilize predominantly solar, wind, and battery storage systems. Responsibilities include coordinating internally with the Business Development, Project Management and Asset Management teams in addition to clients/sponsors and outside in supporting the review, due diligence and documentation of new and existing investments and loans. Coordinates technical due diligence, incorporates asset performance, and assists in the negotiation of technical terms in conjunction with closing transactions. Interfaces with external customers and third-party professionals such as independent engineers, attorneys, accountants, etc.

Job Responsibilities

• Participate in project-level technical due diligence for new investments and loans from origination through approval and operations for renewable energy investments as well as project finance expansion within the Energy and Power verticals.

• Identify potential risk areas and key issues for additional review, and/or detailed analysis and assessment and possible mitigation approaches.

• Collaborate with other functional groups to evaluate issues and identify solutions.

• Track emerging industry issues, developments and trends in technical areas relevant to the business pipeline.

• Provide input on 3rd party technical due diligence scope and oversee activities of outside technical consultants.

• Assess technical aspects of customer’s financial models, customer/equipment experience, and customer/equipment performance.

• As needed, inspect assets being considered for financing and assets associated with existing investments.

• Produce internal written documentation relating to the findings and mitigants of technical, equipment, market, and commercial issues and communicate insights to internal parties including Credit Risk Management and Environmental Finance management.

• Assist asset management personnel in identifying, investigating and resolving equipment and portfolio performance issues.

• Establish technical policies, procedures, and training documentation for accomplishing Environmental Finance group’s tasks.

• Maintain knowledge of Project Management policies and processes by periodically leading or co-leading the underwriting, structuring, and negotiating of investments in projects that contain unique technical aspects.

• Support Asset Management technical needs and requests related to existing large portfolio of assets and incorporate asset and equipment performance experience into underwriting standards.

• Support Business Development in screening investment opportunities, evaluating the developing trends in renewable energy, and setting standards for investment in emerging technologies.

• Develop and maintain relationships with the renewable energy technical community including independent engineers, equipment suppliers, and service providers.

• Collaborate with peers, counterparties, and third-party consultants to resolve issues and negotiate solutions.

• 10% travel to perform periodic site visits, attend conferences, and customer meetings.

Basic Qualifications

• Typically Bachelor's degree, or equivalent work experience

• Typically 10 or more years of banking and/or tax credit industry experience

• Typically three or more years of management experience

Preferred Skills/Experience

• Typically Bachelor’s degree, or equivalent work experience, in engineering or related technical field.

• Typically twelve or more years of technical experience in the renewable energy industry in engineering, consulting, development, or banking/tax credit roles.

• Typically six or more years of project management experience.

• Previous experience at a bank or finance organization (technical role), independent engineering firm, renewable energy developer, or similar organization.

• Strong knowledge of solar, wind, and battery storage systems including equipment technology, project design, production estimates, engineering-procurement-construction, interconnection, transmission risk, energy markets, power purchase structures, operations and maintenance, environmental permitting, real estate, appraisals, and financial modelling.

• Strong knowledge of EPC and O&M contracts.

• Considerable tact and interpersonal skills, including ability to effectively communicate complex technical material to non-technical personnel such as senior bank management, credit officers and customers.

• Well-developed leadership abilities and strategic management skills.

• Effective verbal and written communication skills.

• Strong analytical, decision-making and problem-solving skills

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.

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:

• 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

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services.

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

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

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.