Associate, Investment & Portfolio Management

This position is at NY Green Bank, a division of NYSERDA. NY Green Bank is a specialized investment fund dedicated to bridging financial gaps and mobilizing private capital to advance the build-out of clean energy and renewable infrastructure in New York State. NY Green Bank collaborates with the private sector to transform financing markets and develops transaction structures and methodologies that overcome typical clean energy investment barriers, serving as replicable models for other capital providers.

As a leader in advancing New York’s energy transition, NYSERDA has remained a credible, objective, and trusted partner in the state’s energy planning and deployment of innovative technologies to expand New York’s economy. For the past 50 years, NYSERDA has worked to protect the environment and help New Yorkers increase energy efficiency, lower energy costs, and reduce reliance on fossil fuels. NYSERDA engages with stakeholders—including residents, business owners, developers, community leaders, local government officials, universities, utilities, investors, and entrepreneurs—to develop, invest, and foster conditions that attract private sector capital, overcome barriers to large-scale clean energy adoption, and enable equitable benefits from the clean energy transition.

About the role

NY Green Bank is seeking a highly motivated, detail-oriented individual with excellent organizational, analytical, and communication skills for the critical role of Associate on the Investment & Portfolio Management Team. The Associate will work with teams across NY Green Bank and NYSERDA to finance renewable energy and sustainable infrastructure transactions within key focus areas, including clean energy generation, energy storage, clean transportation, and energy efficiency technologies. The role involves structuring, underwriting, and executing bilateral and syndicated project finance loans, as well as managing NY Green Bank’s existing portfolio. This position is based in New York City and reports to the Managing Director, Head of Investment & Portfolio Management.

Responsibilities

• Advance financial, technological, and legal due diligence for project finance loans, including origination, diligence, structuring, financial modeling, negotiation, execution, and portfolio management.
• Assess the feasibility and viability of lending opportunities, focusing on predevelopment, construction, and term loans.
• Review construction budgets, sponsor financial statements, and project cash flows to evaluate risks and assess creditworthiness.
• Structure and negotiate transaction terms based on established underwriting guidelines in alignment with NY Green Bank’s mission.
• Perform financial modeling and analyses of comparable transactions to support investment recommendations.
• Collaborate with internal teams, developers, and legal counsel to structure loan agreements and negotiate terms with counterparties.
• Prepare and present credit memoranda and investment summaries for internal review and approval by NY Green Bank’s Investment and Risk Committee.
• Monitor and manage the existing loan portfolio, including tracking project performance, covenant compliance, and proactively identifying and managing potential risks.
• Present comprehensive updates on individual transaction performance during monthly and quarterly portfolio reviews.
• Perform activities that further NY Green Bank’s mission while meeting timelines across multiple priorities.
• Stay informed of industry trends, emerging technologies, regulatory shifts, and market barriers.
• Contribute to high-performing teams, fostering collaboration, accountability, and inclusive practices.
• Advance and participate in trainings, mentorship, and learning opportunities.
• Promote a positive, supportive, and collaborative team culture.
• Perform all job responsibilities with respect, fairness, consistency, and inclusion.

Requirements

• Bachelor’s degree with two years of experience and a demonstrated interest in the energy sector, with a focus on renewable technologies and energy transition.
• Strong analytical and credit skills, including the ability to analyze financial statements, market data, and comparable transactions to draw conclusions and make investment recommendations.
• Strong verbal and written communication skills, with the ability to articulate complex concepts and advocate accordingly.
• Unparalleled work ethic, with the ability to perform under pressure and tight deadlines, and a willingness to commit substantial time and energy to NY Green Bank’s mission.
• Demonstrated ability to work independently and support project teams on complex transactions.
• Strong sense of professional judgment and ability to solve problems creatively.
• Ability to demonstrate respect and inclusive behavior, and practices of a diverse workforce and community.
• Ability and desire to learn from others.

Qualifications

• Preferred: Master’s degree in business, finance, economics, or a related field with at least one year of relevant experience in project finance lending or energy investment banking.
• Preferred: Demonstrated track record in underwriting loans, modeling project cash flows, negotiating, and executing transactions.

To receive full consideration, please apply by the priority date of 08/28/2026.