Senior Associate / Associate Director, Energy Commodities and Sustainability

Commonwealth Bank of Australia; New York (NY); On-site; USD 145,000 - 200,000; Full time

Job summary

Commonwealth Bank of Australia, New York-based ECS team, is seeking a Senior Associate / Associate Director to lead client portfolio management for North America within renewable energy and commodities financing.

You will support senior bankers, structure and execute transactions, build complex project finance models, coordinate across Product, Credit Risk, Legal, KYC and Operations, and maintain risk and pipeline data.

Qualifications

• 3–6 years’ experience in corporate or investment banking, with exposure to the natural resources and energy sectors, particularly renewables and commodities.
• Strong financial modelling, financial and risk analysis, research and analytical skills.
• Broad understanding of banking products, including corporate finance, debt capital markets, global markets and risk management, cash management and payments.
• Demonstrated ability to build trusted client and stakeholder relationships, anticipate client needs and collaborate effectively across an organisation.

Responsibilities

• Support senior bankers in managing and developing client relationships, identifying opportunities and delivering effective client engagement strategies.
• Analyse, structure and execute financing transactions, including sourcing and modelling client information to develop solutions within appropriate risk parameters.
• Build, review and manipulate complex project finance models to support transaction analysis, structuring and client recommendations.
• Prepare credit submissions and annual reviews, and manage ongoing portfolio activities including consents, waivers, amendments, covenant breaches and reporting.
• Coordinate deal teams and work closely with Product, Credit Risk, Legal, KYC and Operations throughout the transaction lifecycle, from initial pitch through to execution and ongoing management.
• Support transaction execution through pricing analysis, review of transaction and legal documentation, approval processes and establishment of limits.
• Maintain accurate client, risk, transaction and pipeline information, while supporting KYC and client onboarding requirements.

Skills

Client relationships

Financial modelling

Risk analysis

Stakeholder management

Industry knowledge

Job description

About us:

Global Institutional Banking Coverage, or Coverage, within IB&M leads banking relationship management and the provision of risk management and capital solutions to our clients. The team’s purpose is to provide IB&M clients with solutions across the financing spectrum to support their strategic objectives.

We are focused on building deep relationships with large private and public sector organisations, providing clients with bespoke solutions across the financing spectrum to support their strategic objectives and complex needs globally.

We have teams across 16 cities worldwide in Australia, New Zealand, the United States, United Kingdom, Netherlands, China, Japan and Singapore.

• Specialised Industries:This team manages our relationships with clients across Real Estate; Infrastructure & Utilities; Living; Aviation (Offshore) and Digital Infrastructure.
• Diversified Industries: This team manages our relationships with clients across Agriculture; Food & Beverage; Retail & Consumer; Health; Contractors; Industrials, Logistics & Defence; Telco, Media, Technology.
• Financial and Strategic Investors: This team manages our relationships with clients across Sponsors, Insurance and Super Funds.
• Financial Institutions and Government:This team manages our relationships with clients across Government; Higher Education; Banks; Diversified Fis; Offshore Public Sectors and ADIs.
• Energy, Commodities and Sustainability: This team manages our relationships with clients across Renewable Energy; Other Generation; Mining, Oil & Gas and Commodities.
• Chief Operating Office: This team drives operational excellence by optimising processes, managing risk and governance and delivering data-driven insights to support client engagement.

Picture yourself in the team:

The New York based ECS team is focused on North American renewable energy and commodities clients supporting their financing needs in line with the IB&M purpose as they navigate the global shift to a low carbon economy.

As a Senior Associate / Associate Director you will play a direct role in client portfolio management activities for North America. The role presents a great opportunity to take an important role within an established team covering a client base of leading renewable energy developers, corporates and investors as they contribute to the energy transition.

Do work that matters:

Your main responsibilities will include:

• Support senior bankers in managing and developing client relationships, identifying opportunities and delivering effective client engagement strategies.
• Analyse, structure and execute financing transactions, including sourcing and modelling client information to develop solutions within appropriate risk parameters.
• Build, review and manipulate complex project finance models to support transaction analysis, structuring and client recommendations.
• Prepare credit submissions and annual reviews, and manage ongoing portfolio activities including consents, waivers, amendments, covenant breaches and reporting.
• Coordinate deal teams and work closely with Product, Credit Risk, Legal, KYC and Operations throughout the transaction lifecycle, from initial pitch through to execution and ongoing management.
• Support transaction execution through pricing analysis, review of transaction and legal documentation, approval processes and establishment of limits.
• Maintain accurate client, risk, transaction and pipeline information, while supporting KYC and client onboarding requirements.
• Operate within the Bank’s risk appetite and regulatory framework, while contributing to a collaborative, proactive, inclusive and high-performing team culture.

We are interested in hearing from people who have:

• 3–6 years’ experience in corporate or investment banking, with exposure to the natural resources and energy sectors, particularly renewables and commodities.
• Strong understanding of relevant industry sectors, market dynamics and the key commercial drivers affecting clients.
• Strong financial modelling, financial and risk analysis, research and analytical skills.
• Broad understanding of banking products, including corporate finance, debt capital markets, global markets and risk management, cash management and payments.
• Demonstrated ability to build trusted client and stakeholder relationships, anticipate client needs and collaborate effectively across an organisation.
• Sound understanding of regulatory and control frameworks, KYC and risk management requirements, with the ability to review and interpret complex legal documentation.

The salary range for this role is from $145,000 to $200,000. The salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.