VP, Assistant Portfolio Manager (Project Finance)

About the role

Client-facing role in a growing business line that is very active in Energy Transition. The position provides great exposure to different financing structures, products, and technologies. Ideal for someone smart and self-motivated who wants to break into Energy Transition and Renewables financing.

Our Shared Future: "The team has a track record of successful deal making and works smartly and efficiently. In addition, the team boasts a great culture, with smart and driven individuals in a collaborative setting, with great emphasis on knowledge building and sharing." – Managing Director

As VP, Assistant Portfolio Manager you will diligently analyze and assess the risk drivers and mitigants in transactions and financing structures, and monitor portfolio developments. This is a key role for the success of the business line and bank overall, critical in the administration, management, and monitoring of a high-volume and growing portfolio.

Responsibilities

• Analyze and negotiate amendment, waiver, and consent requests from Borrowers—write up credit memos, review legal documentation, and complete all internal workflows required for approvals and timely execution.
• Monitor portfolio deals by reviewing quarterly and annual financial statements and other reporting deliverables, and prepare annual reviews in conjunction with the Credit team. Includes providing base case and downside case scenarios, internal deal rating and pricing, counterparty analysis, contract analysis, and financial and structural analyses.
• Responsible for the Rabobank Risk Rating, LEA/LGD, and RAROC models.
• Develop financial projections for projects and corporates.
• Assist with portfolio monitoring by researching and collecting market, sector outlook, and transaction data, and updating/maintaining relevant internal databases.
• Prepare and maintain operating performance tables for specific transactions, comparing actual performance against the base case, and analyze drivers of performance and key credit metrics.
• Review Borrower’s financial condition—historical financials and cash flow projections.
• Track ratings of different counterparties (offtakers, guarantors, and other major counterparties).
• Assist in draw and disbursements packages.
• Review and analyze Letter of Credit issuances.
• Monitor and review reporting deliverables.
• Assist with covenant compliance tracking.
• Update internal credit templates.
• Assist with portfolio analytics and projections.
• Maintain ongoing compliance with internal reporting requirements.
• Assist on audit requests and portfolio administrative tasks as needed.
• Support team members in day-to-day information flow with clients and third parties in transaction execution.
• On agented transactions: manage communications with Lenders on amendment/waiver/consent requests and track required voting thresholds.
• Support senior team members in the analysis and execution of various transactions.

Requirements

• Bachelor’s degree; CFA is a plus.
• MBA or technical graduate degrees preferred.
• Experience with portfolio management and client management within energy, renewables, structured debt, or project finance.
• Prior work experience at a bank is a plus.
• Strong written and verbal communication skills, with the ability to present complex financial information clearly and concisely.
• Ability to manage competing priorities.
• Ability to travel regionally, up to 15%.
• Legally authorized to work in the United States on a full-time basis (Rabobank is unable to sponsor or take over sponsorship of an employment visa for this position).

Benefits

Rabobank embraces diversity and welcomes employees and applicants of all backgrounds. Benefits focus on Physical Well-Being, Financial Well-Being, and Emotional Well-Being.

• Physical Well-Being: Medical, Dental, and Vision plan coverages effective on date of hire with multiple plan options and a full network of providers.
• Financial Well-Being:
  • 401(k) plan participation starts on date of hire, with Rabobank matching 50% of the first 6% contributed.
  • Additional 3% Safe Harbor contribution and up to 3% in annual Discretionary Profit Sharing contributions.
• Emotional Well-Being:
  • Generous paid time off: up to 20 days of vacation, 5 days of additional time off, 7 sick days, and 11 US holidays annually (based on hire date).
  • Community support programs: Dollars for Doers, Helping Hands, and Gift Matching programs.

Pay

Target hiring range: $165,000 – $250,000. The range reflects the desired primary physical work location and may be adjusted based on geographical differentiation or other lawful reasons. The position is subject to Rabobank’s compensation plans and policies.