Sr Analyst/Associate - Project Finance (Power & Renewables) Hybrid

Overview

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.

First Citizens Energy Finance leverages its deep industry knowledge and expertise to offer comprehensive financing solutions for renewable and conventional power generation. The unit manages a large, diverse portfolio that includes investments in all asset classes across the energy sector. In H1 2023, it was ranked #4 in US Power and Energy Project Finance by Power Finance & Risk, a top publication covering the energy project finance industry.

Responsibilities

• Analyze detailed financial models prepared by clients to evaluate lending opportunities
• Prepare debt sizing models and sensitivities
• Conduct due diligence and prepare Q&A logs for potential lending opportunities
• Review consultant reports from independent engineers, insurance consultants, appraisal, and power market consultants
• Prepare internal credit memos
• Prepare marketing materials for potential clients and lenders
• Stay up to date with industry trends and power markets
• Train junior team members on modeling and other job responsibilities

Qualifications

Sr Analyst

Required Experience

A Bachelor's Degree and 1 year of Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis or a High School Diploma or GED and 5 years of Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis.

Preferred Experience

• Bachelor's degree preferably in a quantitative field
• 1 year of experience in project finance at a bank, renewable energy company, consulting firm, or renewables focused private equity or private credit fund
• Formal credit training
• Strong analytical and quantitative skills
• Strong financial modeling skills
• Strong written and oral communication skills
• Knowledge of tax equity and debt structures used in the renewable space
• Strong attention to detail and very organized
• Strong time management skills
• Self-starter and naturally inquisitive
• Takes pride in work product
• Team-player

Associate

Required Experience

A Bachelor's Degree and 2 years of Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis or a High School Diploma or GED and 6 years of Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis.

Preferred Experience

• Bachelor's degree required, preferably in a quantitative field
• 2 years of experience in project finance at a bank, renewable energy company, consulting firm, or renewables focused private equity or private credit fund
• Strong analytical and quantitative skills
• Outstanding financial modeling skills
• Strong written and oral communication skills, including comfort interacting with clients and consultants
• Knowledge of tax equity and debt structures used in the renewable space
• Strong attention to detail and very organized
• Strong time management skills
• Self-starter and naturally inquisitive
• Takes pride in work product
• Team-player

The base pay for the Sr Analyst position is generally between $95,000 and $110,000. The base pay for the Associate position is generally between $110,000 and $135,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: