Director/VP, Tax Equity Capital

About the role

This position will be based in New York City and reports to the President, Palmetto Capital Markets.

Responsibilities

• Lead capital markets activities spanning capital raising and execution, with a primary focus on the origination, structuring, and execution of tax equity and other tax-efficient financing vehicles.
• Manage key tax equity investor, banking, and other financing relationships.
• Oversee modeling work to support the advancement of opportunities.
• Negotiate with banks and other financiers for all asset-related capital transactions.
• Develop in-house capital markets expertise and awareness across the organization.

Strategic & Tactical

• Originate, structure, negotiate, and execute tax equity transactions and other tax-efficient financing vehicles with external stakeholders.
• Develop and nurture relationships with tax equity investors and identify new sources of tax equity capital.
• Oversee the development and execution of Excel financial models to support tax equity transactions and other capital funding activities.
• Execute tax equity and financing transactions from initial investor engagement through negotiations, document review, due diligence, and closing.
• Oversee reporting associated with Palmetto Finance to key financial stakeholders.
• Collaborate with Corporate Finance, Treasury, Asset Management, and Accounting to ensure partnership and transparency on all things Palmetto Finance.
• Develop and nurture strong relationships with key banks and external partners.
• Anticipate customer needs and provide tailored solutions to meet their objectives.
• Contribute to broader capital markets activities based on experience and business needs.
• Develop junior capital markets team members.

Requirements

• Bachelor’s degree in Finance, Economics, or related field; master’s or MBA a plus.
• 6+ years of experience in banking or capital markets; renewable energy and tax equity experience strongly preferred.
• Strong business acumen and analytical skills with deep understanding of the macroeconomic landscape.
• Deep experience in financial modeling and negotiating and structuring complex deals, with demonstrated experience originating, structuring, and executing tax equity transactions.
• Strong relationships with tax equity investors and a demonstrated ability to originate new sources of capital.
• Proven track record of working on complex financial transactions, collaborating closely with internal teams (Finance/Accounting, Legal etc).
• Experience with debt structuring and/or tax credit origination and placement is preferred, but not required.
• Highly motivated and able to thrive in a fast-paced customer-centric environment where priorities may change quickly.
• Collaborates seamlessly with internal teams in Finance & Accounting, Technology etc.
• Strong interpersonal and communication skills; experience presenting and influencing decision making at the senior leadership level.