Associate Director - Renewable Energy Finance

Position Overview

The Renewable Energy Finance (REF) team at Huntington Bank, N.A. originates project finance and non-recourse transactions for renewable energy facilities. Focused primarily on Tax Equity transactions in the renewables sector—including wind, solar, storage, and other forms of renewable investment—the team is seeking a talented and ambitious Sr. Portfolio Manager (Associate Director) to support the Renewable Energy, Underwriting, and Portfolio Management team. In this role, you will work closely with clients, Relationship Managers, and the Credit Department to underwrite new transactions, build and manage a high-quality project finance portfolio, and ensure the strong operational and financial performance of renewable energy projects.

Key Responsibilities

• Serves as the point person when underwriting credit transactions for the assigned portfolio and new clients.
• Recommends capital structure, gathers necessary data for focused analysis, manages approvals for amendments and waivers to credit facilities, and monitors the financial performance of portfolio companies.
• Reviews financial statements, projection models, project cash flow models, and other relevant data to develop a concise analytical foundation for credit decisions.
• Prepares thorough credit underwriting materials highlighting industry concerns, market share trends, and key financial indicators for presentation to the Credit Officer.
• Ensures underwriting and structuring decisions reflect a commitment to strong asset quality.
• Recommends prudent use of capital and maintains profitability hurdles to balance risk and return.
• Obtains and negotiates all necessary documentation, including credit agreements, notes, pledges, and collateral, ensuring accuracy in rates, terms, and special conditions.
• Acts as a value-added member of deal teams involved in loan syndication, origination, and distribution.
• Proactively assists the Relationship Manager in developing marketing presentations and pitch books highlighting product solutions for client needs.
• Identifies potential problem accounts and works to improve the bank's position in challenging situations.
• Mentors junior professionals.

Required Qualifications

• Bachelor’s degree in finance, accounting, economics, or a related field.
• 5+ years of experience in underwriting, credit, or portfolio management in Project Finance for the power and renewables sector, with competence in financial modeling.
• Strong knowledge of various power and energy markets in the US, including the regulatory environment.
• In-depth understanding of the Renewable Energy Project Finance industry.

Preferred Qualifications

• Experience in back-leverage transactions, community solar, distributed generation, and other project finance assets (gas-fired, LNG, transmission).
• Strong knowledge and understanding of corporate banking credits, cash flow analysis, and underwriting guidelines.
• Ability to analyze credits independently and communicate findings in a concise manner.
• Strong analytical skills with high attention to detail and accuracy.
• Excellent verbal, written, and interpersonal communication skills.

Benefits & Perks

• Compensation: $70,000 - $161,000 Annual Salary
• Benefits: Health insurance, wellness program, life and disability insurance, retirement savings plan, paid leave, paid holidays, and PTO
• Schedule: In-office with flexible hybrid options