Financial Modeling & Analysis Associate

The Modeling Associate is a member of Raymond James Renewable Energy Investment’s ("RJREI") Product Origination team responsible for supporting underwriting, forecasting, valuation, and scenario analysis across renewable energy and tax credit investment opportunities. The role will develop and maintain financial models, analyze project and transaction economics, evaluate key assumptions and sensitivities, and provide analytical support to the Product Origination, Transaction Team, and investor-facing teams throughout the investment lifecycle.

Build, maintain, and analyze financial models for renewable energy and tax credit investment opportunities, including project economics, cash flows, tax benefits, investment returns, and other key transaction metrics. Support underwriting of prospective investments by reviewing project assumptions, revenue structures, operating expenses, capital requirements, financing terms, tax attributes, and other inputs affecting transaction economics. Develop and maintain forecasts for project performance, investment returns, tax credit delivery, cash funding requirements, and other financial metrics used in transaction evaluation and planning.

Perform valuation analyses to assess investment economics, pricing, expected returns, and relative attractiveness of prospective opportunities. Conduct scenario analysis and sensitivity testing to evaluate the impact of changes in key assumptions, including project performance, timing, pricing, costs, tax benefits, and transaction structure. Review sponsor and third-party financial models for consistency, accuracy, and reasonableness and reconcile model outputs to supporting diligence materials.

Support the Product Origination team in evaluating new opportunities and developing preliminary economic proposals for prospective transactions. Prepare clear analytical summaries, model outputs, charts, and supporting materials for Investment Committee presentations, investor materials, and internal transaction discussions. Coordinate with Product Origination, Transaction Team, tax, accounting, legal, and other internal and external stakeholders to incorporate diligence findings and updated assumptions into financial analyses.

Assist with investor and transaction requests by producing timely financial analysis, scenario comparisons, and supporting schedules. Maintain organized model files, assumptions, source data, and supporting documentation in accordance with RJREI processes and documentation standards. Monitor renewable energy and tax credit market developments, pricing trends, and relevant financial or regulatory considerations that may affect underwriting assumptions and valuation. Support ad hoc analysis, portfolio planning, forecasting, and other initiatives critical to the Product Origination team and broader RJREI platform.

Strong financial modeling and analytical skills, including proficiency in Microsoft Excel and the ability to build, review, and interpret detailed financial models. Working knowledge of financial, accounting, tax, valuation, and investment concepts; familiarity with renewable energy or project finance concepts is preferred. Ability to analyze financial information, identify key value drivers and risks, and translate complex model outputs into clear conclusions.

Understanding of underwriting, forecasting, valuation, scenario analysis, and sensitivity analysis techniques. Strong quantitative problem-solving skills and attention to detail, with the ability to identify inconsistencies in assumptions, calculations, and model outputs. Strong written and verbal communication skills, including the ability to…