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.
Job Description
U.S. Bank is currently seeking a strong candidate to join our growing team of environmental finance professionals as an Infrastructure Finance Portfolio Financial Analyst. The Portfolio Financial Analyst provides financial performance analysis, risk assessment support and compliance monitoring for a portfolio of U.S. Bank renewable energy tax credit investments and loans.
Essential Functions:
Responsible for tracking, reviewing, and inputting annual operating budgets, quarterly financial statements, annual financial audits, as well as other required compliance reporting into internal U.S. Bank data systems
Provide financial performance analysis, risk assessment support, operational performance analysis, and compliance monitoring for a portfolio of U.S. Bank tax credit investments and loans
Ability to critically think to interpret and input information into our U.S. Bank system data fields before further analyzing performance and/or compliance
Engage as front-line contact with customers and investment partners to coordinate communications, requests for information and financial and operational reporting
Interacts with internal and external customers, general partners and project sponsors regarding partnership reporting requirements and programmatic compliance with the Renewable Energy Tax Credit (RETC) programs.
Effectively communicate financial, compliance, and operational performance to the Environmental Finance Asset Management team (including debt service coverage analysis, variance analysis, analysis of investment guarantors, compliance requirements and reporting requirements).
Support a variety of internal parties, including but not limited to asset manager, project manager, syndication fund manager, transition management, tax analyst
Support the onboarding, scheduling, and continuous monitoring of internal U.S. Bank data systems
Basic Qualifications
Typically Bachelor's degree with emphasis in Accounting, Finance, Business Administration, Real Estate, Economics, or Taxation, or equivalent work experience
Typically up to three years of related experience
Preferred Skills/Experience
Knowledge of Environmental Finance preferred
Considerable knowledge of financial principles and capable of reading and interpreting financial statements of partnerships, corporations, and individuals
Strong interpersonal, written, and verbal communication skills
Well-developed mathematical and analytical skills
Ability to identify and resolve/escalate complex problems with minimal guidance
High attention to detail with the ability to interpret data and identify and resolve exceptions
Proficient Microsoft Excel skills and familiarity with relational database
Experience and technical knowledge of tax credit financing is preferred
Highly motivated and able to work independently
Strong relationship management abilities
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:
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
Review our full benefits available by employment status here (https://careers.usbank.com/global/en/benefits/us) .
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: $75,820.00 - $89,200.00
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.
