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Job Description
This role has multiple levels, open to candidates with at least 10 years minimum experience with project finance. The successful candidate will be hired for the level of the position that aligns with their experience.
Environmental Finance ("EF") is seeking an experienced professional to join our growing EF platform as a Relationship Manager ("EF RM") focused on project finance lending on the EF Business Development team. The EF RM will report to the Director of Project Finance within US Bancorp Impact Finance (USBIF). The EF RM will be responsible, broadly, for project finance loan origination and transaction execution while serving existing and new clients across U.S. Bank. This position will be responsible for revenue generation through non-recourse lending activities in renewable / traditional power, transmission, and midstream energy. The EF RM will be instrumental in executing on loan growth strategy which will require extensive collaboration with EF Business Development, Project Management, Asset Management, and the broader Institutional Client Group ("ICG").
This individual will be a seasoned leader with extensive project finance, tax equity, power and energy sector knowledge. This individual will have broad and deep functional expertise, with the demonstrated capacity for collaboration among internal and external interests.
The position requires proficiency of U.S. Bank's credit policies and procedures and will be tasked with effectively collaborating and assisting in the ongoing development of credit administration and business line personnel.
Other job qualifications include leadership experience, the ability to effectively work as part of a team, strong analytical abilities and strong prioritization skills.
To be successful, the EF RM needs to develop strong working relationships within Impact Finance's Environmental Finance platform as well as with other key stakeholders across USIF, U.S. Bank and the respective industries. Additionally, the EF RM must be able to combine a high-level strategic approach with the ability to be hands-on in executing tasks needed for the success and growth of the business.
ESSENTIAL FUNCTIONS
Source and execute quality financing opportunities that will meet or exceed loan origination and loan fee targets or overall revenue objectives
Execute and negotiate credit agreements, depositary agreements, and other loan transaction documents in coordination with outside legal counsel and, as applicable, other U.S. Bank product areas
Work closely with EF Business Development, Credit Risk and Portfolio Risk Management on term sheet approvals, credit approvals, and managing risk limits for loans
Direct legal counsel and other third-party providers to identify risks and ensure compliance with U.S. Bank's legal and credit requirements
Support syndications and capital markets to maximize sale side opportunities for both tax equity positions and loans
Serve as subject-matter expert as a component of marking activities (panel presentations) and internally for the U.S. Bank enterprise
Guide, coach and develop team members, and manage the team's ability to work effectively with other departments and collaborate for the good of the organization.
Basic Qualifications
Bachelor's or Master's degree in finance, accounting or other related field
Typically 10 or more years of banking experience
Preferred Skills/Experience
Ten or more years of banking and/or project finance experience
Experience and general knowledge of tax equity investing
Considerable communications skills and public-speaking abilities
Strong leadership skills and proven ability in motivating employees and promoting teamwork.
Excellent interpersonal, leadership, management, and teamwork skills.
Highly motivated self-starter with excellent time management skills and the ability to effectively manage multiple priorities and timelines.
High level of independent significant decision-making ability.
Ability to quickly identify risks and determine reasonable solutions.
Demonstrated ability to motivate others in a high-stress environment to achieve goal.
Ability to effectively communicate and resolve conflicts by both oral and written communication to both internal and external clients.
Ability to adapt to a dynamic and evolving work environment.
Well-developed analytical and problem-solving skills.
Strong operational acumen.
LEADERSHIP SKILLS
Ability to lead a team in planning, organizing, and managing multiple projects and priorities to accomplish deadlines.
Ability to communicate effectively, both orally and in writing, with groups and individuals, at various levels.
Ability to delegate duties and assignments in order to achieve objective.
Skill in developing policies and procedures designed to meet the goals and
objectives of the organization.
Skill in the preparation and presentation of ideas and information in both formal and informal settings.
Experience and knowledge of the principles and practices of management and employee development.
ANALYTICAL SKILLS
Ability to think critically to solve problems with rational solutions.
Ability to react and make decisions quickly under pressure with good judgment.
TECHNICAL EXPERTISE
Strong project finance and energy market experience.
Familiarity with partnership and accounting structures.
Location Expectations
The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
Benefits:
Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):
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
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.
E-Verify
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. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program (https://careers.usbank.com/verification-of-eligibility-for-employment) .
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $143,905.00 - $169,300.00
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.
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.
Posting may be closed earlier due to high volume of applicants.
