Infrastructure Project Finance - Underwriter/Project Manager

US Bank; New York (NY); On-site; USD 110,000 - 140,000; Full time

Job summary

U.S. Bank is seeking a Project Manager Associate/Project Manager to join the Environmental Finance team. The role focuses on underwriting and executing amendments and modifications, as well as assisting with structuring and closing complex renewable energy loans (solar, wind, storage) and related products.

You will manage risk, client relationships, and coordination with cross-functional teams. Your work will cover financial modeling review, credit analysis, and supporting post-closing

Qualifications

• Bachelor's degree or MBA/JD with relevant experience in environmental finance.
• Strong credit underwriting and financial analysis capabilities.
• Experience with complex, structured debt transactions and pro forma analysis.

Responsibilities

• Monitor project milestones and risk of debt transactions to regulatory standards.
• Prepare underwriting packages for amendments, restructures, and new loans.
• Coordinate with attorneys, accountants, and engineers on third-party reports.
• Support closing and portfolio management while maintaining client relationships.
• Review complex loan documents and ensure alignment with policies.

Skills

Credit underwriting

Financial analysis

Cash flow analysis

Project finance

Renewable energy

Risk mitigation

Team collaboration

Education

Bachelor's degree

MBA/JD

Tools

Excel

Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

U.S. Bancorp Impact Finance is currently seeking a candidate to join our growing team of environmental finance professionals as a Project Manager Associate (PMA) or Project Manager. The PMA/PM's responsibilities include identifying and mitigating risk, managing the overall customer relationship, and underwriting and executing amendments and modifications as well as assisting with underwriting, structuring, negotiating, and closing of complex renewable energy loans and related products (predominantly solar, wind, and battery storage systems).

Job Responsibilities :

• Monitor project construction and development milestones, analyze project performance, and continually monitor risk profile of debt transactions in compliance with all applicable banking regulatory requirements and internal procedures.
• Prepare high-quality underwriting packages in support of post-closing deal amendments, modifications, or restructures, describing the strengths, weaknesses, risks, and mitigating factors related to a transaction. Additionally, assist in the preparation of underwriting packages for proposed debt financings.
• Manage through project issues that may arise and provide value-added solutions, proactively identifying uncertainties and grey-area situations to take well-reasoned and well-mitigated risk. Articulate the Bank's position to customers, and advocate on behalf of Sponsors with Credit and management.
• Assist in managing third party professionals including attorneys, accountants, consultants, and engineers.
• Coordinate with internal parties to facilitate the underwriting, credit approval, and execution of portfolio management and new loan requests.
• Support the Project Management team in closing new and managing existing transactions in accordance with bank policies while furthering the Bank's customer relationships.
• Review complex legal documents pertaining to structured credit arrangements as well as all necessary third-party reports to support financing requests; works with teammates and other associates to mitigate risks on behalf of USBIF.
• Review and analyze financial models and be able to identify and address underwriting, cash flow, and accounting risks.
• Participate in special projects, including the maintenance and revision of internal policies and procedures.
• Actively ensure compliance with the U.S. Bank Code of Ethics and all Anti‑Money Laundering, Bank Secrecy Act, and information security policies and procedures. Follow account opening procedures and internal suspicious activity referral requirements and processes.

Basic Qualifications

• - Typically Bachelor's degree and six or more years of related experience

OR

• - MBA/JD with three or more years of directly related experience

Preferred Skills/Experience

• - Knowledge of financial modeling techniques and analysis of proforma financial statements.
• - Proven credit underwriting and financial analysis skills, including cash flow analysis experience with complex, structured transactions, due diligence proficiency and detail orientation.
• - Comprehension of complex project finance transactions, loan documentation, and deal structure mechanics.
• - Knowledge of critical aspects of renewable energy project underwriting, including equipment and performance review as well as a baseline understanding of U.S. energy markets including regulatory structures, physical and synthetic forms of power agreements and derivative instruments.
• - Ability to review and synthesize a large quantity of deal related documentation and materials, including third party reports, loan/investment documents, and other legal documents to produce a clear and concise underwriting package. Able to identify key issues and concerns, manage timelines, and problem solve using creativity and innovation.
• - Familiarity with standard banking processes and procedures, including managing to credit policies and procedures and navigating credit approval processes.
• - Excellent time management skills with the ability to effectively manage client timelines and needs. Ability to identify obstacles and manage expectations, both internally and externally.
• - Effective listener and strong communication skills, both oral and written.
• - Highly motivated self-starter who has a keen attention to detail, growth mindset, and ability to be comfortable in periods of unpredictability.
• - Ability to work independently as well as collaboratively in a team environment.

Location Expectations

The role offers a