Senior Manager, Structured Finance

Lightsource bp; Austin (TX); Hybrid; USD 160,000 - 180,000; Full time

Benefits offered by this job

Hybrid working environment

Annual bonus (25%)

Health, dental, vision coverage

Job summary

Lightsource bp is seeking a Senior Manager, Structured Finance to join our US-based team in a hybrid role. You will support financing for utility-scale solar and storage projects, lead transaction execution, and guide cross-functional groups in structuring financing solutions.

The role emphasizes strong financial modeling, experience with tax equity and complex project finance, and collaboration across offices in Austin, Denver, and San Francisco.

Qualifications

• Outstanding financial modeling skills and Excel-based analyses.
• Detailed knowledge of construction/term financing, tax equity, and tax credit transfers.
• Demonstrated interest in U.S. power markets.

Responsibilities

• Support negotiations with financing counterparties for solar and energy storage assets.
• Perform all aspects of transaction execution, including project marketing, terms, diligence, modeling, and closing.
• Provide guidance to Lightsource bp teams on structuring project financing issues.
• Review models for soundness of assumptions, modeling, and results.

Skills

Financial modeling

Project finance

US power markets

Excel modeling

Hybrid environment

Education

Bachelor's degree in quantitative field

MBA or CFA preferred

Tools

Excel

VBA

Job description

Department: Structured Finance
Reporting to: VP/Director, Structured Finance
Location:Hybrid — based in Austin, Denver, or San Francisco. Remote employees will not be considered.

About Lightsource bp

Job description:

Senior Manager, Structured Finance

Department: Structured Finance
Reporting to: VP/Director, Structured Finance
Location:Hybrid — based in Austin, Denver, or San Francisco. Remote employees will not be considered.

About Lightsource bp

We are Lightsource bp — and we’re on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development. For over a decade, we’ve been actively working to diversify the way our world is powered with sustainable and responsible renewable energy solutions.

We safely deliver affordable, reliable, large-scale onshore renewable and energy storage projects that help the world decarbonize. Our growing business is constantly innovating and investing to support the energy transition, while our people and projects are focused on long-term sustainable growth and energy security.

Lightsource bp was fully acquired by bp in 2024.

What You’ll Do

Role Summary

The Structured Finance team is committed to helping Lightsource bp finance and commercialize utility-scale renewable energy projects. To support that mandate, we are looking for a highly motivated and analytical Senior Manager, Structured Finance to join a dynamic and high-performing team supporting substantial deal flow across our U.S. platform.

This is ahybrid role based in Austin, Denver, or San Francisco, and we are especially interested in candidates who are energized by working collaboratively across a fast-paced, transaction-oriented environment.

Duties and Responsibilities

• Support negotiations with financing counterparties for solar and energy storage assets, including tax equity, construction debt, term debt, and other financial products
• Perform all aspects of transaction execution, including project marketing, establishment of financing terms, investor due diligence, modeling, management of outside consultants, and closing
• Provide guidance to other groups within Lightsource bp with respect to structuring project issues as they relate to financing
• Review models on behalf of the origination group for soundness of assumptions, modeling, and results
• Prepare investment committee presentations at key milestones in the project lifecycle, including term sheet execution and financial close
• Work with junior staff to maintain and refine the company’s financial model suite through continuous improvement
• Closely follow industry trends and competitors, including deal flow and transactions
• Collaborate with cross-functional teams.

Who We’re Looking For

Knowledge and Skillset

• Outstanding financial modeling skills and general fluency in Excel-based analyses; a modeling assessment will be administered as part of the interview process
• Detailed knowledge of key commercial and legal deal points with respect to construction financing, term financing, tax equity, and tax credit transfer transactions
• Demonstrated interest in and understanding of U.S. power markets
• Fluency in Excel-based financial models; knowledge of VBA a plus
• Ability to work effectively in a hybrid environment and partner with colleagues across multiple office locations

Qualifications & Experience

• 4–6 years of project finance experience in a transactional role, preferably working for a renewable energy development company, financial advisor, investment bank, or other transactional/closing-oriented role performing detailed financial analyses
• Tangible experience supporting or running project finance transactions in the energy or infrastructure space; ideally with substantial exposure to live tax equity and tax credit transactions
• Bachelor’s degree, ideally in a quantitative field; MBA or CFA preferred

Why You’ll Make a Great Member of the TeamPersonal Qualities

• Strong attention to detail and a high standard of work
• Strong time management skills and the ability to work across multiple cross-functional stakeholders on tight timelines
• Able to adapt quickly to changing and competing priorities and assignments
• Demonstrated ability to assess issues, generate a plan of action, and communicate with stakeholders to build consensus
• Comfortable working in a hybrid office environment and maintaining strong collaboration across locations

Compensation and Benefits

We offer a competitive compensation and benefits package, including:

• Base salary: $160,000 to $180,000 annually
• Annual bonus: 25%
• Health, dental, prescription, and vision coverage for U.S. team members starting on day one
• Retention bonuses
• Four weeks of vacation and three weeks of sick leave annually, plus 11 paid holidays
• 401(k) plan with a 3% nonelective employer contribution
• Hybrid working environment with team members working from our Austin, Denver, or San Francisco offices
• Monthly personal phone bill reimbursement of up to $100
• Monthly commuter benefit of up to $150
• Lifestyle Savings Account and more

Why You’ll Want to Work With Us

Our company is a place where you can be yourself and grow — a place where your ideas and opinions matter.

• Be you: We pride ourselves on being an inclusive community, where every individual is valued and treated with respect
• Be responsible: Our culture is driven by our core values, from operating safely to ensuring our solar projects are responsible and promote biodiversity
• Be recognized: Alongside a competitive salary, we offer a variety of benefits including annual bonus, retention bank, health insurance, pension, and other local benefits
• Be inspired: Join an agile, international team working across 15 countries to power the future and positively impact people, communities, ecosystems, and biodiversity across the world

Why You’ll Want to Stay With Us

At Lightsource bp, you’ll work within agile, cross-functional teams where diverse perspectives come together. Our culture embraces open knowledge sharing and collaboration, empowering you to learn from others and accelerate progress collectively.

Your career growth is our priority and a shared journey. We are committed to developing talent from within and preparing you for career advancement so you can shape a fulfilling and lasting journey here.

In today’s fast-changing world, a learning mindset is essential, and we proactively support upskilling to help you push your skill boundaries and stay ahead in your field — so you can not only keep pace with change, but confidently shape a brighter future.

Our Core Values

Lightsource bp truly cares about creating a sustainable future through safe, responsible, and meaningful low-carbon energy projects. Our core values of:

• Safety
• Integrity
• Respect
• Sustainability
• Drive

…are the guiding principles for everything we do.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status, or disability status.

Individuals with disabilities may request a reasonable accommodation related to Lightsource bp’s recruiting process, including accessing the job application, completing required assessments, or participating in telephone screenings or interviews. If you would like to request an accommodation related to the recruitment process, please contact us.