Portfolio Manager – Energy Project FinanceDo you want to work for a company that cares about you as a person, not just a number? For a company that provides outstanding leadership? For a company that offers exceptional benefits?
RER Solutions, Inc., could be your new home.RER Solutions, Inc. is accepting resumes for Portfolio Manager – Energy Project Finance to join our superior workforce. The Portfolio Manager – Energy Project Finance will provide onsite and remote leadership services to the Department of Energy's Office of Energy Dominance Financing (EDF) division of Portfolio Management.ResponsibilitiesProvide comprehensive monitoring reports on portfolio loan performance of approved projects to the appropriate federal and project finance authoritiesIdentify issues of contemporary and future impacts on the work, conduct an analysis of their implications and alternatives, and monitor the portfolio, individual projects, and guarantors for warning signs of credit deteriorationExecute a portfolio risk management process that assists in identifying, managing, monitoring, and reducing risks in the portfolio while being conscious of the need to respond promptly to post-issue requests from borrowers, sponsors, and lendersEstablish Asset Monitoring and Supervision work-flow processes and schedules to accomplish assigned projects, plans, and activities associated with approved office missions and functions, including the development of project-specific Credit Monitoring PlansMonitor energy sector developments pertinent to the borrower's operating environment, i.e., price and demand movements, legal and regulatory changes, and structured changes within the sectorPresent analyses through a variety of means, including formal written studies and oral presentationsIndependently function as a project transaction negotiator/re-negotiator throughout occurrences of debt restructuringAct as credit and financial analyst on the Portfolio Management Division teamsRepresent, as needed or requested, the office at interagency meetings, inter-creditor discussions, steering committees of creditors, and public conferencesInterface with and obtain information from a variety of sources across the industry as well as other organizations to support the office's activitiesProvide in-depth analyses for structuring, updating, and maintaining the Credit Monitoring PlansReview project financial statements, progress and engineering reports, covenant compliance certificates, collateral reports, and information gathered from news reports and site visitsReview, manage, and respond to post-closure requests from borrowers and lenders for amendments to loan terms, waivers, extensions, payment deferments, and other modifications related to operative loans and guaranteesPrepare or collaborate with other senior staff in the preparation of comprehensive position papers, memorandums, and briefing materials across all phases of operations for use with senior managementReview project and legal documents, including but not limited to Credit Committee memos; financing documents, including Credit Agreement, Security Agreement, Independent Engineering Report, project documents, including the Engineering Procurement, and Construction, Off-take, Supply, Operations, and Maintenance AgreementsNegotiate new terms with borrowers or other creditors in the event of a defaultPrepare a Transfer Memo to the Special Assets Group when there is a determination question regarding the status of any borrower or liquidation as the only course of action available to ensure the maximization of taxpayer fundsLead and mobilize project teams to address the technical, legal-economic, and financial feasibility aspects of a transaction and to ensure compliance with LPO procedures, goals, and milestonesPrepare regular credit reports for specific projects that adhere to the guidelines as set forth by the Portfolio Management DivisionEnsure all data for assigned projects are entered promptly and accurately in the Quicksilver Monitoring systemRequirementsUS Citizenship is required to obtain client-issued Public TrustA minimum of 10 years of related professional experienceProficiency in making presentations and explaining and creating financial models for a variety of audiencesExpertise in applying analytical methods and evaluation techniques to a broad range of functional areas such as project and corporate risk assessment, accounting, and corporate finance to evaluate the viability of a loan transactionAbility to ensure effective compliance monitoring and reporting according to the terms contained in Credit Agreements and for overall portfolio risk managementKnowledge of the financial, market, credit, and technical risks inherent in the distinct energy technologies, as well as appropriate mitigation, approaches available or desirableKnowledge in diverse corporate finance structures such as asset-based, limited, or full recourse project finance transactions to make sound financial decisions and recommendationsKnowledge of the policies, processes, and practices available for the effective control of individual loan transactions and sector risks, as well as overall portfolio riskSkill in the research of finance structures such as corporate, asset-based, or limited resource project finance transactions to make sound financial decisions and recommendationsAbility to address the technical, legal-economic, and economic feasibility aspects of high-value loans for large-scale projectsAbility to perform complex financial analysis and make sound financial decisionsKnowledge of borrowers' and lenders' requirements for terms of loan and loan guaranteesExcellent written and oral communication skillsExcellent attention to detail and an understanding of fundamental business writingExpertise in Microsoft Office Products (i.e., Word, Excel, PowerPoint, and Outlook)Education: Bachelor's Degree or Master's (preferred)Compensation includes paid holidays, vacation, sick leave, 401k matching, life insurance, health, vision, and dental benefits.This position is not available for Corp-to-Corp or 3rd party sourcing.We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.