Associate or VP, Portfolio Management

Rabobank Gruppe; New York (NY); On-site; USD 115,000 - 230,000; Full time

Job summary

Join a leading firm in the renewable energy sector as an Associate or VP in Portfolio Management. This role involves analyzing risk, managing a growing portfolio, and engaging with clients in the energy transition space. Ideal for motivated individuals looking to make an impact in sustainable finance.

Benefits

Medical, Dental and Vision coverage

401(k) plan with matching

Generous paid time off program

Qualifications

• 4-5 years of relevant work experience for Associate, 5-6 years for VP.
• Experience in energy, renewables, structured debt, or project finance.

Responsibilities

• Analyze and negotiate amendment requests from Borrowers.
• Monitor portfolio by researching market and transaction data.
• Prepare and maintain operating performance tables.

Skills

Credit Analysis

Client Management

Risk Assessment

Education

Bachelors' degree

MBA

CFA

Job description

Client-facing role in a growing business line that is very active in Energy Transition. Role provides for great exposure to different financing structures, products, and technologies. Ideal role for someone smart and self-motivated who wants to break into Energy Transition and Renewables financing.

Our Shared Future:

"Each day, I get to work with smart and driven colleagues, in a team culture that is uniquely collaborative, inclusive, and diverse"

You and Your Job

As an Associate or VP, Portfolio Management you will be successful by diligently analyzing and assessing the risk drivers and mitigants in the transaction and financing structure and monitoring portfolio developments. This is a key role for the success of the business line and bank overall.

The role will be critical in the administration, management, and monitoring of a high-volume and growing portfolio. Analyzing and timely responding to client requests in a professional manner.

Proactive credit risk management by keeping on top of developments in a portfolio of construction and operating projects (wind, solar, battery storage and other sustainable energy technologies) and market developments at large and proactively assessing how they can impact the portfolio.

Job Responsibilities

• Analyze and negotiate amendment, waiver and consent requests from Borrowers – write up the credit memos, review legal documentation and complete all internal workflows required for internal approvals and timely execution.
• Assist with the monitoring of the portfolio by researching and collecting market, sector outlook and transaction data and updating/maintaining the relevant internal databases.
• Prepare and maintain operating performance tables for specific transactions comparing actual performance against the base case and analyze the drivers of performance and key credit metrics
• Review Borrower’s financial condition – review historical financials and prepare cash flow projections
• Track ratings of different counterparties (offtakers, guarantors, and other major counterparties)
• Assist in draw and disbursements packages.
• Review and analyze Letter of Credit issuances.
• Monitor and review reporting deliverables.
• Assist with covenant compliance tracking.
• Update internal credit templates.
• Assist with Portfolio analytics and portfolio projections.
• Maintain ongoing compliance with internal reporting requirements.
• Assist with covenant compliance tracking.
• Assist on any audit requests and portfolio administrative tasks as needed.
• Support team members in the day-to-day information flow with clients and third-parties in a transaction execution setting.
• On Agented transactions: Manage back and forth communications with Lenders on amendment/waiver/consent requests.
• Keep track of Lender required voting thresholds.
• Support senior team members as needed in the analysis and execution of various transactions.

Your Promise to Us:

To be considered for the Associate or VP, Portfolio Management role, you must have:

• Bachelors' degree: CFA is a plus.
• MBA or technical graduate degrees preferred.
• As an Associate, you should have at least 4-5 years of relevant work experience, and as a VP, you should have at least 5-6 years of relevant work experience, working in energy, renewables, structured debt, or project finance. Prior work experience at a bank is a plus.
• Strong credit analysis and client management skills, with an ability to evaluate key credit risks and mitigants
• Ability to travel regionally, up to 15%.

Our Commitment to you – cultivating your way beyond pay:

Rabobank embraces diversity and welcomes employees and applicants of all backgrounds. Our goal is to always create an environment that is inclusive, drawing upon the strengths of the diversity of our workforce to exceed the expectation so four clients and customers.

We view your well-being as much more than a paycheck. We continually evaluate and evolve our benefit offerings to be comprehensive, competitive and to give you the options and the flexibility you need. We focus our employee benefits on three main components:

• Physical Well-Being includes our commitment to your Health and Wellness. Medical, Dental and Vision plan coverages are effective on your date of hire. Rabo offers multiple plan options and a full network of providers to best meet your needs.
• Financial Well-Being provides for your Retirement + Savings + Security. We love seeing your retirement plan balance grow just as much as you do! That’s why you can start participating in the 401(k) plan on your date of hire. Plus we match 50% of the first 6% you contribute to your 401(k) plan for US Employees. Rabo also contributes an additional 3% of your eligible pay in Safe Harbor contribution and up to 3% in annual Discretionary Profit Sharing contributions.
• Emotional Well-Being ensures your Work + Life balance. We offer a generous paid time off program to full time employees: up to 20 days of vacation time, 5 days of additional time off plus 7 sick days and 11 US holidays annually (based on hire date during the calendar year). In addition, Growing a Better World Together requires wanting the best for our employees and their families and our communities. To do that, we offer both the time and financial support to give back to the community through our Dollars for Doers, Helping Hands and Gift Matching programs. (All paid time off is subject to company accrual and carryover policies.)

Our Organization:

Serving clients in Mexico, the U.S. and Canada, Rabobank Wholesale Banking North America is a premier corporate and investment bank to the food, agribusiness, commodities and renewable energy industries, providing sector expertise, strategic advisory and tailored financial solutions to our clients. We thrive on building long-term relationships with clients and stakeholders in the fastest-growing food and agribusiness region of the world. See, https://www.rabobankwholesalebankingna.com/ .

Salary Expectations:

Associate Target Hiring Range: $115,000 - $185,000

VP Target Hiring Range: $140,000 - $230,000

This position is subject to the terms of [RAF/Rabobank/RDS]’s compensation plans and policies. It is anticipated that the position will pay within the target hiring range. The range is reflective of the desired primary physical work location and may be adjusted outside of the projected range based on geographical differentiation if the actual work location of the hired candidate differs from the desired primary location, or for other lawful reasons. Further, all full-time regular positions include all other benefits provided to [RAF/Rabobank/RDS] employees, including healthcare benefits, 401k matching, vacation, sick leave, parental leave, possible discretionary bonuses and all other benefits that are all governed by and subject to ERISA plan documents and eligibility.

Rabo provides equal opportunity in employment to all employees and applicants and does not discriminate on the basis of race, color, creed, religion, national origin, ancestry, alienage or citizenship status, age, sex, sexual orientation, gender identity gender expression, marital status, genetic information, medical condition, physical or mental disability, pregnancy, childbirth or related medical condition, military service or veteran status, victims of domestic violence, or any other basis protected by applicable law. Rabo also prohibits harassment of any individuals on any of the bases listed above.

At Rabobank, we strive to grow a better world together. In order to achieve that, we have to have the right people in the right jobs. Are you ready to join our team?

This job posting has no fixed application deadline. We will accept resumes until a qualified applicant pool is identified.

This is our standard application process. It may vary by role.

Step 1You Apply

Thanks for applying! You will always receive a confirmation of your application by email. We review all the resumes and covering letters that we receive. We will let you know as soon as possible if we invite you for an interview.

Step 2Interview

We invite you for one or more (online) interviews. We want to know if you fit the role and the team. You probably have many questions for us too. For some positions, we may also ask you to complete an assignment or assessment.

Step 3Our Offer

Are you the new colleague we are looking for, and do you also feel happy with us? Congratulations! You will receive a good offer from us. Before you start, we conduct a legal screening to ensure that our employees do not pose a risk to us and our customers.

Step 4Welcome!

Welcome to Rabobank! We look forward to seeing you and can't wait to work together.

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