Senior Lending Analyst

The Maryland Clean Energy Center (MCEC), is seeking a Senior Lending Analyst to support the organization’s clean energy financing activities through financial analysis, underwriting, transaction execution, portfolio monitoring, and programmatic support for existing and new financing initiatives. At the individual transaction level this role provides analytical and operational support for underwriting, financial modeling, impact analysis, due diligence, transaction approval, closing, and loan servicing activities.

At the programmatic level, this position supports reporting, portfolio monitoring, program administration, financial planning activities, and coordination with internal and external stakeholders.

MCEC is a not-for-profit corporate instrumentality of state-created statutorily by the Maryland General Assembly. A Board of Directors, appointed by the Governor, provides oversight for the organization.

MCEC serves as a statewide green bank with a mission to transform the energy economy in Maryland by increasing clean energy jobs, driving commercialization of technological innovations, and enabling consumer adoption of clean energy products and services. MCEC facilitates access to capital through leveraged or direct investment and operates financing programs targeted to serve various consumer audiences, and underserved communities. The Center provides specialized procurement and technical services to facilitate and expedite project implementation.

• Review and analyze third-party reports and assessments related to financing transactions
• Develop and maintain pro forma financial models, cash flow forecasting, scenario analysis, and risk assessment to assess the viability and profitability of clean energy projects to support lending decisions.
• Conduct due diligence on potential borrowers, including financial statement analysis and commercial real estate-related documentation
• Support development and evaluation of financing structures and investment terms
• Support evaluation of environmental and other benefits associated with financing transactions

• Draft term sheets, investment memos, presentations and other material required for transaction approvals and solicit feedback for finalization
• Organize transaction approval packages for Investment Committee and Board review
• Maintain organized underwriting files and checklists, ensuring compliance with financial standards.
• Support coordination with partner financial institutions during underwriting and transaction review processes.
• Assess financing structures, including tax equity, debt financing, and power purchase agreements (PPAs).
• Liaise with counsel and CFO’s office during transaction due diligence, closing and servicing

• Assist with implementation, administration, and ongoing operational support of clean energy financing programs.
• Conduct program research, benchmarking, and analysis to inform strategy and improve program effectiveness.
• Assist in developing program guidelines, workflows, and operational procedures.
• Track program performance metrics and support continuous improvement efforts.
• Prepare portfolio performance analyses and reporting to support senior management decision-making and risk monitoring.
• Contribute to development and tracking of program-level impact metrics aligned with Maryland’s climate goals and decarbonization targets.
• Help ensure programs expand equitable access to clean energy investments for underserved and overburdened communities.

• Develop sophisticated financial models to evaluate operational economics, conduct stress tests, project capital expenditures, and calculate investment returns.
• Track industry trends, policy changes, and economic factors that impact lending decisions.
• Attend industry events and build relationships with peer institutions, potential clients, partner government agencies and other important stakeholders
• Assist in preparing presentations and materials related to MCEC financing programs

• Support the Finance…