Credit Analyst

Job Description

Position: Credit Analyst

Location: Newark NJ

Duration: 2 Years

Key Duties

• Implement corporate credit policy and procedures and perform credit reviews for solar loan program commercial applicants.

• Evaluate credit proposals and applications, conduct due diligence and make written credit recommendations to management.

• Establish and maintain contact with clients throughout the due diligence process to obtain/provide information and advice, conduct interviews and relay information regarding the process and organization’s requirements

• Review and analyze financial statements, credit ratings, financial models, both for existing clients and on new solar financing opportunities

• Identify structural risks and mitigates in prospective transactions and recommend enhancements and structuring of deals and covenants in line with policies and procedures.

• Assist in documenting new financing transactions.

• Responsible for monitoring of borrowers’ financial condition to determine collateral requirements as required by the loan agreement.

• Recommend enhancements to credit procedures in line with Board of Public Utilities approved Board Order.

• Assist in the identification and analysis of potential business transactions and assist in the preparation of presentations/pitches

• Ensure compliance with program policies and procedures and SOX controls.

• Maintain and apply working knowledge of organization Standards for Business Controls and meet management's expectations for effective internal business controls.

• Provide support for special projects and other functions as requested.

Essential Qualifications:

• Bachelor Degree in business or finance or equivalent experience

• Minimum 3 years financial analysis and/or credit experience

• Project finance experience/knowledge

• Strong technical, computational and quantitative skills

• Ability to make decisions and proactively resolve borrower issues.

• Understanding of financial statements, corporate finance theories and practices, credit and risk principles, accounting, economics and statistics as well as strong research skills.

• Excellent analytical ability including demonstrated knowledge of valuation techniques and practices, including cash flow analysis

• Ability to build, review and maintain complex cash flow forecasting models with an excellent understanding of lending financial concepts and ratios

• Excellent interpersonal, presentation, oral and written communication skills and an ability to explain complicated financial concepts to all levels, including clients and senior management

• Comfortable interacting with and managing relationships with clients’ senior management during loan due diligence and portfolio monitoring.

• Demonstrated job commitment including a willingness to work under deadlines in a high-volume, fast-paced, results-driven environment with flexibility and adaptability in order to meet client requirements

• Proven ability to pay close attention to detail, multi-task and work collaboratively within a team under tight deadlines

• Well-developed organizational and time management skills in order to respond to shifting priorities on several simultaneous projects

• Proficiency in Microsoft Word, Excel and PowerPoint.

• Candidate must foster an inclusive work environment and respect all aspects of diversity

Desired Qualifications:

• Previous US power and renewables experience

• C.P.A., C.F.A, MBA or other related Masters degree

• Prior investment/corporate banking work experience

• 3 years + of Project Finance experience/knowledge.

• Understanding of New Jersey’s solar energy market and familiarity with local utility solar financing programs.

Qualifications

Additional Information

All your information will be kept confidential according to EEO guidelines.