About the Role
Huntington National Bank is seeking a Vice President specialized in renewable energy tax credit sale-leaseback transactions. This role involves originating, structuring, negotiating, documenting, and closing these transactions within the Project Finance and Infrastructure group.
Responsibilities
- Support the sourcing and developing of new transaction opportunities
- Support the sourcing and developing of new sponsor/developer relationships
- Assist senior relationship managers on renewable energy financing opportunities with existing and prospective bank clients
- Lead pre-commitment transaction diligence
- Create competitive and profitable proposals using debt and tax equity financing structures
- Represent and be accountable for transactions
- Support financial, commercial, and technical due diligence, including navigating complex documentation
- Support building and reviewing complex financial models for sale-leasebacks to optimize tax equity economics
- Lead negotiation of transaction documents
- Interact with external counsel, independent engineer, appraiser, and other consultants on pre-closing transaction diligence
- Lead transaction closing process in coordination with HNB Operations
- Interact with sponsors on post-closing items and requests
- Interact with lead banks and participant banks on post-closing items and requests
Requirements
- Bachelor’s degree or equivalent education and/or work experience
- 5+ years in project finance, tax equity, equipment finance, or renewable energy banking
- Deep understanding of renewable energy tax equity regulation, IRC Section 48 Investment Tax Credits, and IRS rules regarding equipment lease transactions
- Demonstrated structuring, negotiation, and documentation skills in tax equity transactions
- Strong organizational, analytical, and due diligence skills
- Strong leadership and interpersonal skills
- Excellent verbal and written communication skills
- Ability to travel
Skills
- Renewable energy finance market knowledge
- Transaction experience in renewable energy project finance
- Structuring
- Pricing
- Negotiation
- Documentation
- Advanced Microsoft Excel skills
- Working experience with ABC pricing software
Location
- Huntington Bank Corporate office location
Work Type
- Office
- Flexible work arrangement
Experience Level
- Vice President
- 5+ years
Education Level
- Bachelor’s degree
Salary/Compensations
- $70,000 - $175,000 Annual Salary
Benefits
- Applicable incentive compensation plan
- Health insurance coverage
- Wellness program
- Life and disability insurance
- Retirement savings plan
- Paid leave programs
- Paid holidays
- Paid time off (PTO)
About the Company
- Huntington National Bank (“HNB”)
Equal Opportunity
- Huntington is an Equal Opportunity Employer.
- Tobacco-Free Hiring Practice
