Credit Underwriter - Renewable Energy

Overview

Farmer Mac is looking to hire a driven, analytical, and personable individual with three (3) or more years of credit, lending, and structuring experience or relevant renewable energy experience for the position of Credit Underwriter - Renewable Energy for its Infrastructure Finance team.

• Primary contributor in the underwriting, portfolio management process, serving as a direct point of contact for client interaction during the underwriting and structuring phase.
• Review, analyze, and assess complex transactions from a variety of counter parties across project finance space within the United States, with a focus on renewable energy.
• Review and critically evaluate potential transactions including structure, key counter parties, technology, contracts, and financial projection models.
• Review loan documentation and consultant reports of potential opportunities for acceptability of terms and conditions and advise on structural considerations.
• Prepare and conduct credit presentations, recommending new or incremental credit exposure to the credit committee.
• Work with Relationship Manager, Transaction Management, Loan Operations, and Legal to coordinate the close of transactions.
• Manage an existing portfolio of borrowers, track ongoing financial performance and trends, report on covenant compliance, and ensure accurate borrower risk ratings.
• Secondary contributor in preparing annual reviews with risk rating rationale, managing portfolio credit actions including amendments, waivers, and consents.
• Develop and maintain knowledge of specific industries, economy, market conditions, rates, and competition.

• Bachelor’s degree in finance, accounting or related.
• Three (3) or more years of credit underwriting experience or relevant renewable energy/project finance experience (e.g. development, finance, project management).
• General understanding or willingness to learn specific dynamics of power industries and project finance structures.
• Ability and desire to eventually handle renewable energy deal opportunities largely autonomously, including sensitizing financial models, calculating financial ratios, reviewing third-party reports and financing agreements, having awareness of power industry technologies and key participants, identifying key strengths and weaknesses, developing reasonable credit solutions, and providing credit recommendations.
• Excellent skills in credit analysis, quantitative and qualitative assessments, valuation, loan underwriting, and documentation review.
• Ability to work well in a team environment.
• Must have strong written and verbal communication abilities.
• Self-starter with strong work ethic and the ability to work on one or more tasks efficiently and effectively with minimal supervision.
• Broad knowledge of risk management processes and functions.

Our compensation philosophy is targeted pay positioning relative to peers, our industry, and external markets. Farmer Mac is committed to a compensation program that will enable the organization to attract, motivate, reward, and retain highly skilled and creative talent to maintain sustained long-term performance and achieve the organization’s strategic business objectives. The typical base pay range for this role is $100,000 to $130,000 per year.

Compensation will vary based on experience and geographic work location.