Jobs · Finance · Ohio

Director, Portfolio Manager - Project Finance and Infrastructure

Huntington Commercial Bank · Cleveland, OH · 3 wk ago
Finance$93k–$217k/yrFull-time

About the role

We are seeking a talented and ambitious Director Level Portfolio Manager III to support the growing Project Finance and Infrastructure (“PFI”) team. The PFI Underwriting and Portfolio Management organization works with internal partners to underwrite new transactions and manage the existing portfolio of project finance loans. The PFI team at Huntington Bank, N.A. provides a broad range of equity and debt arrangements for large‑scale, capital‑intensive projects across the full infrastructure spectrum: power, renewable energy, energy‑related assets, midstream and infrastructure including Public Private Partnership (“P3”). The PFI line of business is a crucial new growth strategy for Huntington Bank’s Structured Finance group, offering the opportunity to play a critical role in building and evolving this growth business. The position requires close collaboration with clients, Relationship Managers and the Credit Department to underwrite and build a high‑quality project finance portfolio. As a senior role, the Portfolio Manager III leads all aspects of due diligence in credit underwriting, financial modeling, approval, execution and documentation, and conducts post‑closing operational and contractual activities to safeguard the operational and financial performance of the renewable energy projects financed by HNB. Detailed knowledge of renewable energy project design, functioning, operations & maintenance (O&M), power purchase agreements and a strong understanding of renewable energy project finance is required.

Responsibilities

  • Execute high quality underwritings, refinancings and amendments, including extensive due diligence, recommendations around structure, pricing and capital allocation, and application of credit policy to develop solutions that meet client needs while maintaining appropriate risk acceptance criteria.
  • Provide an independent, in‑depth analysis of financial statements, valuation, projections including stress tests, industry and competitive dynamics, business plans and key risks and mitigants.
  • Manage a portfolio of clients and own the overall quality and on‑time completion of all annual reviews, renewals, amendments/waivers, ancillary credit product approvals and quarterly risk ratings.
  • Maintain knowledge mastery of each client, the segment of the energy industry in which it operates and the competitive environment within the industry as a whole.
  • Produce recommendations around active portfolio management solutions to minimize credit losses, and effectively manage and present watchlist clients.
  • Effectively negotiate and ensure that legal documentation related to credit events incorporates terms and conditions as approved in strict accordance with all elements reflected in the credit package/closing memo.
  • Effectively coordinate and communicate with internal and external counsel.
  • Directors will be assigned to a larger portfolio with more complex names (lead clients, leveraged profiles, high‑touch or sensitive relationships, more challenging financings).
  • Actively involved in the training and mentoring of Associate Directors, Associates and Analysts as well as the performance review process for Analysts.
  • Deliver solid credit analyses and risk rating recommendations, demonstrate a high level of critical thinking skills, maintain attention to detail and an understanding of the big picture, and communicate effectively both internally and externally.

Requirements

  • Bachelor’s degree preferably in finance, economics, or accounting with high academic achievement.
  • 7+ years of experience in underwriting, credit, or portfolio management in the Project Finance sector for power and renewables, with competence in financial modeling.
  • Strong knowledge and understanding of corporate banking credits, cash flow analysis, and underwriting guidelines.
  • In‑depth knowledge of the US Project Finance industry.
  • MBA, CFA (or progressing to the Charter) or CPA is desirable.
  • Ability to thoroughly analyze credits independently and communicate findings concisely.
  • Experience working in a regulated financial institution setting with a demonstrated strong understanding of organizational lending and portfolio management policies and objectives.
  • Displays advanced deal execution and/or project management skills – ability to manage more than one client or major initiative.
  • Ability to create and deliver professional presentations.
  • Strong analytical skills with high attention to detail and accuracy.
  • Excellent verbal, written, and interpersonal communication skills.

Benefits

  • Health insurance coverage
  • Wellness program
  • Life and disability insurance
  • Retirement savings plan
  • Paid leave programs
  • Paid holidays
  • Paid time off (PTO)
  • Eligibility to participate in an applicable incentive compensation plan

Pay

Compensation range: $93,000 – $217,000 annual salary. Actual compensation will vary based on location, experience, education and other factors. Incentive compensation is also available.

Similar jobs