Director Capital Markets
Origis Energy · New York, NY · 4 mo ago
On-siteFinance$185k–$250k/yrFull-time
Key Responsibilities
- Responsible for sourcing and managing tax equity and debt for projects and corporate facilities, including review of proposals and recommendation
- Cook up RFP material for prospective lenders and investors, including teasers and consultant reports and modeling
- Coordinate deal team responsibilities to ensure smooth execution
- Select prospective lenders and investors and organize formal outreach through an RFP
- Compare offers and formulate a recommendation to the Head of Capital Markets, including selected counterparty(ies), execution strategy, and timeline
- Oversight and training of more junior team members in the deal team – ensuring that all deadlines are met and that the work product is high quality
- Be ultimately accountable for delays in timing and deterioration in outcome (debt / tax equity quantum)
- Provide final oversight on all financial modeling work, impact of structure on project IRRs and MOICs and communication of financial information internally and externally
- Lead all documentation aspects - negotiation of term sheets and documents together with legal counsel
- Develop strong relationships with debt providers and tax equity investors, to establish or maintain relationships with Origis’ capital providers and understand market trends
Preferred Qualifications
- Bachelor’s degree minimum
- Minimum of 8 years of relevant working experience in structured/project finance, preferably with another developer or IPP or in the financial industry with a leading Project Finance lender
- Understanding of the renewable sector and associated capital structures including tax equity
- Clear experience leading the structuring and execution of financing facilities
- Existing relationships with the main PF lenders and tax equity investors active in the market
- Solid understanding of Capital Markets and of the bank and tax equity markets in general, including deep appreciation for typical processes (credit and investment committees; KYC diligence; etc)
- Robust financial modeling skills and ability to oversee more junior managers and associates
Key Attributes For Success
- Excellent organizational skills, ability to manage multiple workstreams simultaneously
- Fluency in negotiating project finance legal documentation including conditions precedents, reporting requirements, covenants, events of default and other key project finance concepts
- Proven ability to complete tasks under strict deadlines; accountability and ownership of assigned work
- Pride the consistent delivery of a high-quality work product, attention to detail
- Strong written and verbal communication skills both internally and externally – with third party consultants, counsels and capital providers
- Ability to work cross functionally
- High degree of initiative and decisiveness
- Problem-solving skills
- Attention to details
- Impeccable work ethics and ability to lead by example. Energetic about getting the team to success, and interested in mentoring junior team members
- Comfort with financial modelling
- Ambition to grow beyond current capabilities and role