Infrastructure Finance - Project Finance - Project Manager Associate at U.S. Bank National Association | NY, US | Rezi

Infrastructure Finance - Project Finance - Project Manager Associate at U.S. Bank National Association

Infrastructure Finance - Project Finance - Project Manager Associate

U.S. Bank National Association · NY, US

1 weeks ago

Infrastructure Finance - Project Finance - Project Manager Associate

U.S. Bank National Association · NY, US

8 days ago
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About the Role

U.S. Bancorp Impact Finance is seeking a candidate to join our growing team of infrastructure finance professionals as a Project Manager Associate (PMA). The PMA will be responsible for identifying and mitigating risk of a portfolio of Project Finance loans, assisting in the management of customer relationships, and underwriting and executing annual reviews, amendments, and modifications. This role involves the asset management of complex Project Finance loans for renewable energy, thermal, midstream, and other asset classes, as well as assisting with the underwriting, structuring, negotiating, and closing of these loans.

Responsibilities

  • Monitor project construction and development milestones, analyze project performance, and continually monitor risk profile of debt transactions in compliance with all applicable banking regulatory requirements and internal procedures.
  • Prepare high-quality underwriting packages for annual reviews, amendments, modifications, or restructures, detailing strengths, weaknesses, risks, and mitigating factors. Assist in preparing underwriting packages for proposed debt financings.
  • Manage project issues, provide solutions, and proactively identify uncertainties to take well-reasoned and well-mitigated risks. Articulate the Bank’s position to customers and advocate on behalf of Sponsors with Credit and management.
  • Assist in managing third-party professionals including attorneys, accountants, consultants, and engineers.
  • Coordinate with internal parties to facilitate underwriting, credit approval, and execution of portfolio management and new loan requests.
  • Support the Project Management team in managing existing and closing new transactions in accordance with bank policies while furthering the Bank’s customer relationships.
  • Review complex legal documents for structured credit arrangements and necessary third-party reports to support financing requests. Mitigate risks on behalf of USBIF.
  • Review and analyze financial models, identifying and addressing underwriting, cash flow, and accounting risks.
  • Participate in special projects, including the maintenance and revision of internal policies and procedures.
  • Ensure compliance with the U.S. Bank Code of Ethics and all Anti-Money Laundering, Bank Secrecy Act, and information security policies and procedures. Follow account opening procedures and internal suspicious activity referral requirements and processes.

Requirements

  • Typically Bachelor's degree and four or more years of related experience
  • Or MBA/JD with no directly related experience
  • Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Skills

  • Knowledge of financial modeling techniques and analysis of proforma financial statements.
  • Proven credit underwriting and financial analysis skills, including cash flow analysis experience with complex, structured transactions, due diligence proficiency and detail orientation.
  • Comprehension of complex project finance transactions, loan documentation, and deal structure mechanics.
  • Knowledge of critical aspects of project finance underwriting, including equipment and performance review as well as a baseline understanding of U.S. energy markets including regulatory structures, physical and synthetic forms of power agreements and derivative instruments.
  • Ability to review and synthesize a large quantity of deal-related documentation and materials, including third-party reports, loan/investment documents, and other legal documents to produce a clear and concise underwriting package.
  • Ability to identify key issues and concerns, manage timelines, and problem-solve using creativity and innovation.
  • Familiarity with standard banking processes and procedures, including managing to credit policies and procedures and navigating credit approval processes.
  • Excellent time management skills with the ability to effectively manage client timelines and needs.
  • Ability to identify obstacles and manage expectations, both internally and externally.
  • Effective listener and strong communication skills, both oral and written.
  • Highly motivated self-starter with keen attention to detail, growth mindset, and ability to be comfortable in periods of unpredictability.
  • Ability to work independently as well as collaboratively in a team environment.

Location

  • United States

Work Type

  • Hybrid

Experience Level

  • Four or more years of related experience (with Bachelor's degree)
  • No directly related experience (with MBA/JD)

Education Level

  • Bachelor's degree
  • MBA
  • JD

Salary/Compensations

  • $117,725.00 - $138,500.00

Benefits

  • Healthcare (medical, dental, vision)
  • Basic term and optional term life insurance
  • Short-term and long-term disability
  • Pregnancy disability and parental leave
  • 401(k) and employer-funded retirement plan
  • Paid vacation (from two to five weeks depending on salary grade and tenure)
  • Up to 11 paid holiday opportunities
  • Adoption assistance
  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
  • Incentive and recognition programs
  • Equity stock purchase
  • Pension (all benefits are subject to eligibility requirements)

About the Company

  • At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.
  • We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential.
  • A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career.
  • Try new things, learn new skills and discover what you excel at—all from Day One.

Equal Opportunity

  • U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
  • U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories.
  • U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance.
  • U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA).
  • In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.