Associate (Energy) Jobs

Our client, ranked #8 on on LinkedIn Top Companies in Financial services is seeking an Associate with experience in Power & Renewables to join their team.

You’re joining a team where individuality isn’t just accepted, it’s encouraged. They've built a culture that’s fun, friendly and supportive – it’s the kind of place where you can be yourself and make the most of whatever you have to offer. They give people the freedom to take risks, think differently, take ownership of their work, and make great things happen. They are there to help you get ahead. And with their global network, there’s plenty of scope to take your career in new directions, perhaps even ones you’ve never considered.

Sound like the kind of place you’d feel at home? We’d love to hear from you.

The Role:

The Energy team is part of Global Sector Coverage which covers the energy value chain including oil & gas production, transport & storage, traditional and renewable power generation, and new energy technologies (CCUS, batteries and hydrogen). As an Associate for the Energy team based in New York, you will be responsible for:

New Deal Origination / Execution: Support MDs, Directors and VPs on the Energy Team in the origination of and/or participation in corporate and project financings related to Midstream & Downstream oil & gas and New Energy Technology transactions. Responsibilities include but are not limited to (i) preparation of marketing/pitch material new financing opportunities; (ii) structuring new lending transactions by analyzing risk/return and developing project finance debt models; (iii) underwriting and executing new transactions including performing due diligence, preparing internal approvals (green-light memos, credit applications and ancillary documents, performing due diligence, legal documentation and closing; (iv) onboarding of clients/ borrowers including conducting KYC; (v) assisting in development of client strategies such as capital structuring or M&A transactions in Energy through coordination with other product teams (e.g. Financial Markets, Debt Capital Markets, Syndications, Corporate Finance); and (vi) assisting in developing market intelligence and industry expertise by preparing market updates and/or research for new technologies (energy storage, carbon capture & sequestration, hydrogen, renewable natural gas, biofuels, etc.)

Portfolio Management: Support MDs, Directors and VPs in monitoring of the loan portfolio which includes preparing and processing annual credit reviews, preparing and processing loan modification/amendment requests, tracking covenant compliance and maintaining internal portfolio tracking metrics, reviewing legal documentation, maintaining credit files and loan documentation, reviewing and processing borrowing and disbursement requests, renewing internal risk ratings, preparing quarterly watchlist reports for distressed/provisioned credits, and preparing periodic pipeline and profitability reports. Role involves frequent interface with Risk Management, internal/external legal counsel, and Loan Operations.

Requisite Skill Set:

• Bachelor’s Degree in Accounting, Finance, Economics or Math
• Fundamental understanding of key financial markets and products
• Proficiency in MS Office (Excel, Word, PowerPoint): Strong Excel skills and ability to independently work on financial debt projection models
• 4-5 years of relevant project/corporate finance experience ideally in Midstream & Downstream oil & gas or general Energy transactions
• Strong written and oral communication skills; detail-oriented and accurate
• Fundamental understanding of GAAP accounting principles and comfort with core financial statements (Income Statement, Cash Flow Statement and Balance Sheet
• Team Player, self-motivated high quality/high quantity producer
• Ability to manage multiple projects simultaneously and meet strict deadlines
• Basic understanding of corporate and bankruptcy law

Salary Range: $120,000 - $155,000