Credit Underwriter - Renewable Energy

The primary responsibilities of the Credit Underwriter include underwriting new loan opportunities, writing analytical credit recommendations, running sensitivity models, and portfolio management as it pertains to the Renewable Energy segment.

• Review, analyze, and assess complex transactions from a variety of counterparties across project finance space within the United States, with a focus on renewable energy.
  • Review and critically evaluate potential transactions including structure, key counterparties, technology, contracts, and financial projection models.
  • Review loan documentation and consultant reports of potential opportunities for acceptability of terms and conditions and advise on structural considerations.
• Prepare and conduct credit presentations, recommending new or incremental credit exposure to the credit committee.
• Work with Relationship Manager, Transaction Management, Loan Operations, and Legal to coordinate the close of transactions.
• Manage an existing portfolio of borrowers, track ongoing financial performance and trends, report on covenant compliance, and ensure accurate borrower risk ratings.
• Secondary contributor in preparing annual reviews with risk rating rationale, managing portfolio credit actions including amendments, waivers, and consents.
• Develop and maintain knowledge of specific industries, economy, market conditions, rates, and competition.

Professional Experience/Qualifications:

• Bachelor’s degree in finance, accounting or related.
• Three (3) or more years of credit underwriting experience or relevant renewable energy/project finance experience (e.g. development, finance, project management).
• General understanding or willingness to learn specific dynamics of power industries and project finance structures.
• Ability and desire to eventually handle renewable energy deal opportunities largely autonomously, including sensitizing financial models, calculating financial ratios, reviewing third-party reports and financing agreements, having awareness of power industry technologies and key participants, identifying key strengths and weaknesses, developing reasonable credit solutions, and providing credit recommendations.
• Excellent skills in credit analysis, quantitative and qualitative assessments, valuation, loan underwriting, and documentation review.
• Ability to work well in a team environment.
• Strong written and verbal communication abilities.
• Self-starter with strong work ethic and the ability to work on one or more tasks efficiently and effectively with minimal supervision.
• Broad knowledge of risk management processes and functions.

Our compensation philosophy is targeted pay positioning relative to peers, our industry, and external markets. Farmer Mac is committed to a compensation program that will enable the organization to attract, motivate, reward, and retain highly skilled and creative talent to maintain sustained long-term performance and achieve the organization’s strategic business objectives. The typical base pay range for this role is $100,000 to $130,000 per year. Compensation will vary based on experience and geographic work location.