Financial Modeling & Analysis Associate

485 Raymond James Affordable Housing Investments, Inc.; St. Louis (MO); Hybrid; USD 100,000 - 150,000; Full time

Benefits offered by this job

Hybrid schedule

Benefits package

Travel up to 25%

Job summary

The Modeling Associate within Raymond James Renewable Energy Investment (RJREI) supports underwriting, forecasting, valuation, and scenario analysis across renewable energy and tax credit investments.

You will develop and maintain financial models, analyze project economics, and provide analytical support to the Product Origination, Transaction Team, and investor-facing groups throughout the investment lifecycle.

Qualifications

• 3+ years of relevant experience in renewable energy, project finance, investment banking, accounting, valuation, corporate finance, financial analysis, or a comparable analytical role.
• Demonstrated experience developing, reviewing, or overseeing complex financial models, performing valuation and forecasting analyses, and evaluating investment or project economics.
• Experience with renewable energy infrastructure, tax credit investments, partnership structures, transfer transactions, or project finance is preferred.
• Advanced Microsoft Excel skills required for developing and evaluating sophisticated financial models.

Responsibilities

• 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.
• 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.

Skills

Financial modeling

Underwriting knowledge

Renewable energy knowledge

Quantitative analysis

Education

Bachelor's degree in Finance, Accounting, Economics, Business, Engineering, Mathematics, or related quantitative discipline

Tools

Excel

Job description

Job Description Summary

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.

Job Description Duties and Responsibilities

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.

Knowledge & General Skills

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 summarize analytical findings for senior team members and transaction stakeholders. Ability to manage multiple assignments and deadlines while maintaining accuracy, responsiveness, and appropriate documentation. Demonstrated commitment to integrity, accountability, collaboration, intellectual curiosity, and high-quality work product.

Qualifications / Education

3+ years of relevant experience in renewable energy, project finance, investment banking, accounting, valuation, corporate finance, financial analysis, or a comparable analytical role. Candidates with more extensive experience are encouraged to apply. Demonstrated experience developing, reviewing, or overseeing complex financial models, performing valuation and forecasting analyses, and evaluating investment or project economics. Experience with renewable energy infrastructure, tax credit investments, partnership structures, transfer transactions, or project finance is preferred. Bachelor's degree in Finance, Accounting, Economics, Business, Engineering, Mathematics, or a related quantitative discipline. Advanced Microsoft Excel skills required, including experience developing and evaluating sophisticated financial models

Personal Qualities

Analytical and intellectually curious professional with a strong interest in renewable energy, investing, and transaction economics. Detail-oriented and disciplined, with a commitment to producing accurate, well-supported analysis and high-quality work product. Self-motivated, organized, and responsive, with the ability to prioritize multiple assignments and learn quickly in a transaction-oriented environment. Collaborative team player with strong communication skills, sound judgment, exceptional integrity, and a client-first mentality.

Education Bachelor’s (Required)

Work Experience General Experience – 10 to 15 years

Certifications

Travel Less than 25%

Workstyle

Hybrid

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions.

This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.

We expect our associates at all levels to:

• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates.

When associates bring their best authentic selves, our organization, clients, and communities thrive.

The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

Raymond James is a diversified financial services company providing wealth management, capital markets, asset management, banking and other services to individuals, corporations and municipalities.

Founded in 1962 in St. Petersburg, Florida, rather than on Wall Street, we have always embraced being a different kind of financial services firm. Today, Raymond James has locations and subsidiaries across the United States, Canada, the United Kingdom and Germany, and is listed on the New York Stock Exchange under the symbol RJF.

Our business is deeply focused on people and their financial well-being. We're committed to helping individuals, corporations and institutions achieve their goals, while also supporting successful professionals and helping our communities prosper. We believe doing well and doing good aren't mutually exclusive. As an established but ever‑evolving company, you can start – or continue – growing your career here. We invest in you with wide-ranging benefits and the support of leaders and colleagues who care. From development opportunities and enriching networking groups to prioritizing diversity, inclusion and the power of different perspectives, Raymond James is where good people grow.

Our people‑first culture is outlined in our Culture Blueprint. Check it out to see why many choose to work at Raymond James – and why they stay.