Clean Energy Finance (CEF) - VP/Director

Citi; New York (NY); On-site; USD 200,000 - 300,000; Full time

Benefits offered by this job

Incentives and retention awards

Medical, dental & vision

401(k)

Life, accident, and disability_ins

Wellness programs

Paid vacation

Paid sick leave

Paid holidays

Job summary

Citi’s Clean Energy Finance team in New York is seeking a senior professional to lead tax equity origination and credit transfer transactions for Citi clients. You will guide deal teams, leverage industry knowledge, and build relationships with investors and developers to expand Citi’s presence in tax equity markets.

The ideal candidate has proven tax equity experience, strong leadership, and the ability to manage client relationships while structuring and executing financing with multiple

Qualifications

• 4 to 10 years of relevant experience.
• Bachelor’s degree in finance (or MBA)
• Experience in evaluating financing transactions and structures
• Experience creating financial analyses
• Demonstrates problem solving and organizational skills
• Consistently demonstrates clear and concise written and verbal communication skills
• Experience leading and assisting with client development
• Experience collaborating with banking “coverage” / relationship officers
• Ability to work with teams and track business development
• Series 7, 63, and 79
• Willingness to develop new products

Responsibilities

• Lead and manage members of the tax equity origination team in the execution of long‑term, strategic partnerships with renewable energy developers, providing strategic direction, guidance, and transaction execution to achieve origination goals and objectives.
• Develop and execute a comprehensive origination strategy to identify, evaluate, and secure tax equity financing opportunities with developers.
• Build and maintain relationships with institutional investors, developers, project sponsors, and other key stakeholders to source and negotiate tax equity financing opportunities.
• Originate the associated tax credit transfer transactions, identify investors, and drive execution.
• Prepare and present financing proposals, financial models, and presentations to senior management and investment committees for approval and funding.
• Provide leadership and mentorship to team members, fostering a collaborative and high-performance culture within the tax equity origination team.
• Work with the portfolio management team to explore opportunities to repower and optimize existing portfolio of tax equity projects.
• Collaborate with internal stakeholders such as legal, compliance, tax, risk management, and finance to structure tax equity transactions that align with client objectives and regulatory requirements.

Skills

Tax equity financing

Client development

Leadership

Financial analysis

Stakeholder management

Regulatory compliance

Communication

Team collaboration

Sales of tax credits

New product development

Education

Bachelor’s degree in finance

MBA

Job description

The Clean Energy Finance (CEF) team is seeking a candidate to join the origination team that provides tax equity financing and tax credit transfer transactions for Citi’s clients.

About CEF

CEF has extensive expertise in originating, structuring, and executing financings across various renewable energy & sustainable technologies, including Wind, Solar (Utility Scale PV, Distributed & Residential Rooftop), Battery Storage, Advanced Manufacturing, Energy Efficiency, and Other Emerging Technologies.

Job Description

This role will be instrumental in driving the origination, structuring, and execution of tax equity financings for Citi clients. This professional will lead deal teams, leveraging deep industry knowledge and relationships to expand Citi’s presence in the tax equity and tax credit transfer markets. The ideal candidate will have a proven track record in tax equity transactions, strong leadership skills, and the ability to cultivate and manage client relationships effectively. They will also have relevant knowledge and experience working with tax equity, understand federal tax incentives for renewables development (such as PTCs and ITCs), and is familiar with tax equity HLBV accounting as well as the tax treatment of partnership and lease structures. The candidate should have experience selling the related tax credits to corporates.

Responsibilities:

• Lead and manage members of the tax equity origination team in the execution of long‑term, strategic partnerships with renewable energy developers, providing strategic direction, guidance, and transaction execution to achieve origination goals and objectives.
• Develop and execute a comprehensive origination strategy to identify, evaluate, and secure tax equity financing opportunities with developers.
• Build and maintain relationships with institutional investors, developers, project sponsors, and other key stakeholders to source and negotiate tax equity financing opportunities.
• Originate the associated tax credit transfer transactions, identify investors, and drive execution.
• Prepare and present financing proposals, financial models, and presentations to senior management and investment committees for approval and funding.
• Provide leadership and mentorship to team members, fostering a collaborative and high-performance culture within the tax equity origination team.
• Work with the portfolio management team to explore opportunities to repower and optimize existing portfolio of tax equity projects.
• Collaborate with internal stakeholders such as legal, compliance, tax, risk management, and finance to structure tax equity transactions that align with client objectives and regulatory requirements.

General Qualifications:

• 4 to 10 years of relevant experience
• Bachelor’s degree in finance (or closely related area preferred), and/or an MBA
• Experience in evaluating financing transactions and structures
• Experience creating financial analyses
• Demonstrates problem solving and organizational skills
• Consistently demonstrates clear and concise written and verbal communication skills
• Experience leading and assisting with client development
• Experience collaborating with banking “coverage” / relationship officers
• Ability to work with teams and track business development (collect research, analyze industry trends)
• Series 7, 63, and 79
• Willingness to develop new products

Specific Qualifications:

• Experience negotiating and closing multiple tax equity financings
• Experience closing tax credit transfer transactions
• Experience interpreting tax opinions for tax equity transactions
• Extensive knowledge of HLBV accounting
• Ability to interact with clients (inc. sponsors & developers), Citi relationship bankers, external & internal counsels, independent engineers, and other transaction parties

Job Family Group:

Institutional Banking

Job Family:

Investment Banking

Time Type:

Full time

Primary Location:

New York New York United States

Primary Location Full Time Salary Range:

$200,000.00 - $300,000.00

In addition to salary, Citi’s offerings may also include for eligible employees discretionary and formulaic incentive and retention awards.

Citi offers competitive employee benefits, including:

• discretionary and formulaic incentive and retention awards
• medical, dental & vision coverage
• 401(k)
• life, accident, and disability insurance
• wellness programs
• planned time off (vacation)
• unplanned time off (sick leave)
• paid holidays

For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.

Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.

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