VP, Climate Finance Portfolio Manager

Amalgamated Bank; New York (NY); Hybrid; USD 125,000 - 140,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Amalgamated Bank is seeking a Climate Finance Portfolio Manager (VP) to oversee a portfolio of commercial solar, battery storage, and other climate-related project finance credit, in collaboration with the Climate Lending Team.

This role emphasizes credit execution, monitoring and analysis to ensure portfolio performance, policy compliance and timely risk identification, while coordinating with relationship managers, borrowers, and internal partners to support loan administration.

Qualifications

• Bachelor’s degree in Business Administration, Finance, Accounting, or related field.
• 3-7 years of relevant experience in commercial banking, project finance, structured finance, or climate/renewable energy lending.
• Ability to analyze financial statements, cash flows, and financial models to assess borrower and project performance.
• Working knowledge of commercial loan structures, collateral, covenants and credit risk principles.
• Experience preparing credit memoranda risk rating recommendations and loan approval packages.
• Strong attention to detail and ability to manage multiple priorities and deadlines.
• Proficient in Microsoft Excel and other productivity tools; ability to learn and use internal bank systems effectively.
• Strong written and verbal communication skills, with the ability to present clear, organized credit analysis.
• Demonstrated professionalism, accountability, and collaborative work style.

Responsibilities

• Manage daily climate loan relationships within bank policy and customer service standards.
• Request, analyze, and assess borrower financial reporting and project performance information on a timely basis.
• Underwrite and recommend loan modifications, renewals, waivers, and amendments.
• Review financial models, collateral reporting, third-party reports, and appraisals; escalate issues as appropriate.
• Prepare credit memoranda, risk rating recommendations, and approval packages in compliance with Bank guidelines.
• Coordinate with legal counsel on documentation for borrower execution.
• Work with third-party vendors (e.g., independent engineers, O&M contractors, consultants) as required.
• Communicate clearly with internal partners and borrowers regarding portfolio issues and requirements.
• Monitor covenant compliance and document exceptions.
• Maintain accurate and complete credit files and portfolio documentation.
• Prepare reporting for internal portfolio reviews and loan quality meetings.
• Respond to information requests from internal stakeholders and auditors.
• Identify emerging risks within assigned portfolio and elevate concerns to management.
• Provide secondary approval for advances after determining that all conditions to advances have been met.
• Collaboration and Professional Contribution
• Support team members through collaboration and knowledge sharing.
• Provide input on process improvements and workflow enhancements.
• Maintain proactive communication with relationship managers and internal partners.
• Demonstrate accountability for individual deliverables and deadlines.
• Recommend ways to improve the organization.
• Proactively manage loan relationships by setting appropriate client expectations and meeting deadlines.
• Proactively keep management informed on progress with client requests and other deliverables.
• Develop familiarity with software applications such as Salesforce, Moody’s Credit Lens, SLACK, etc..
• Perform other duties as directed, including but not limited to underwriting new loan originations.

Skills

Analytical skills

Credit judgment

Attention to detail

Effective communication

Time management

Collaboration

Education

Bachelor’s degree in Business Administration, Finance, Accounting, or related field

Tools

Salesforce

Moody’s Credit Lens

Slack

Job description

Amalgamated Bank is seeking a Climate Finance Portfolio Manager (VP) to oversee a portfolio of commercial solar, battery storage, and other climate-related project finance credit, in collaboration with the Climate Lending Team.

This role emphasizes credit execution, monitoring and analysis to ensure portfolio performance, policy compliance and timely risk identification, while coordinating with relationship managers, borrowers, and internal partners to support loan administration.