[Hiring] Credit Underwriter - Renewable Energy @FARMER MAC

Role Description

Farmer Mac is looking to hire a driven, analytical, and personable individual with three (3) or more years of credit, lending, and structuring experience or relevant renewable energy experience for the position of Credit Underwriter - Renewable Energy for its Infrastructure Finance team.

The primary responsibilities of the Credit Underwriter include:

• Underwriting new loan opportunities
• Writing analytical credit recommendations
• Running sensitivity models
• Portfolio management as it pertains to the Renewable Energy segment

The Credit Underwriter will:

• Maintain power and utilities industry knowledge with an emphasis on renewable energy
• Help to maintain key relationships with customers and business partners
• Develop internal relationships to conduct portfolio activities leading up to credit approval
• Be part of the team driving new product innovation

This role is expected to contribute immediately towards accelerating growth within Farmer Mac’s Renewable Energy segment and contribute significantly to Farmer Mac’s strategic objectives and initiatives.

Qualifications

• Bachelor’s degree in finance, accounting or related
• Three (3) or more years of credit underwriting experience or relevant renewable energy/project finance experience (e.g. development, finance, project management)
• General understanding or willingness to learn specific dynamics of power industries and project finance structures
• Ability and desire to eventually handle renewable energy deal opportunities largely autonomously
• Excellent skills in credit analysis, quantitative and qualitative assessments, valuation, loan underwriting, and documentation review
• Ability to work well in a team environment
• Strong written and verbal communication abilities
• Self-starter with strong work ethic and the ability to work on one or more tasks efficiently and effectively with minimal supervision
• Broad knowledge of risk management processes and functions

Requirements

• Primary contributor in the underwriting, portfolio management process
• Review, analyze, and assess complex transactions from a variety of counterparties across project finance space within the United States
• Review and critically evaluate potential transactions including structure, key counterparties, technology, contracts, and financial projection models
• Review loan documentation and consultant reports for acceptability of terms and conditions
• Prepare and conduct credit presentations, recommending new or incremental credit exposure to the credit committee
• Work with Relationship Manager, Transaction Management, Loan Operations, and Legal to coordinate the close of transactions
• Manage an existing portfolio of borrowers, track ongoing financial performance and trends, report on covenant compliance, and ensure accurate borrower risk ratings
• Secondary contributor in preparing annual reviews with risk rating rationale
• Develop and maintain knowledge of specific industries, economy, market conditions, rates, and competition

Benefits

• Typical base pay range for this role is $100,000 to $130,000 per year
• Compensation will vary based on experience and geographic work location