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

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Job description

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 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 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:

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