VP - Senior Credit Officer Project Finance in Norwalk, Connecticut at Mitsubishi HC Capital America Inc

Position Overview:

Reviews, underwrites, and processes new Project Finance transactions in Specialty Finance, as well as managing the existing portfolio. The position holder has at least 8-10 years of experience in project finance. Assist in developing and training junior credit officers.

Commitment to Internal Control:

The incumbent accepts the responsibility for establishing and maintaining the internal control system associated with the essential duties and responsibilities of the functional areas that the incumbent manages.

Essential Duties and Responsibilities:

(List in order of time spent)

• Participate in internal and external meetings as needed to support origination efforts.
• Evaluate new business transactions on a timely basis in collaboration with the origination team, with a specific focus on Project Finance transactions within MHCAs strategic focus, e.g., renewables financing and datacenters.
• Prepare and present initial prescreen memo, including project overview.
• Review project contracts (incl. PPAs, construction, leasing, concession, O&M agreements) to assess legal, technical, operational and counterparty risks.

• Coordinate with sponsor contacts, agent banks, external counsel, and other third-party professionals as part of the diligence and documentation processes.

• Proactively monitor borrower financial performance including financial and reporting covenant compliance and identify any adverse trends to senior management. Prepare periodic rating reviews/updates and assist in internal reporting.
• Monitor trends across targeted industry sectors to support deal origination.
• Manage Salesforce records and information files for opportunities.

KPI’s (Key Performance Indicators):

• Deals evaluated;
• Deals completed (Fundings, Assets, and Fee Income);
• Credit analysis quality;
• Portfolio performance.

• Management responsibility for 3-4 credit officers/portfolio managers/analysts on the team.
• Develop and train junior credit analysts, e.g., as part of a deal team on new transaction underwriting.

• Credit assessment, structure, and transaction communication needs to be within company prepared guidelines.
• Act independently; decision-making within MHCA policy.
• Delegated credit authority within MHCA’s local credit delegation (if applicable for the business segment) based on years of experience in the segment.

Qualifications:

• In-depth knowledge of project finance industry, incl. expertise in financing of renewables and datacenters.
• Strong credit analysis and financial modeling skills.
• Extensive knowledge of structuring, underwriting, and documentation practices related to Project Finance transactions.
• Advanced technical skills (Excel, PowerPoint, Word, etc.).
• Excellent verbal and written communication skills. Adept at working with and presenting to senior level executives.
• Strong interpersonal, organizational and communication skills.
• Team player with a positive attitude.
• Critical thinker that can look “out of the box” for solutions.
• Time Management: ability to organize and manage multiple priorities and complete on a timely and accurate basis.
• Have a clear understanding of MHCA’s credit policies and operational procedures.

Competencies:

• Analytical ability
• Ability to synthesize
• Problem-solving
• Communications
  • Ability to transmit information
  • Ability to listen
• Interpersonal Relationships
  • Ability to work in a Team
• Technical and Professional
  • Detail-oriented
  • Ability to work independently
• Personal Qualities
  • Action-oriented
  • Resilient
  • Adaptability
  • Self-starter
• Entrepreneurship
  • Business Acumen
  • Client-oriented

• BS in Accounting, Finance or Economics or equivalent experience
• CFA candidate Level II/III or charter holder preferred
• Formal credit training, including financial modeling training (project finance)
• Minimum 8-10 years of experience in project finance.

• Not applicable

Tools and Equipment Used:

Working Hours:

Physical Demands:

The job description does not constitute an employment contract, implied or otherwise, other than an “at will” relationship and is subject to change by the employer as the needs of the employer and requirements of the job change.

The position is exempt and the salary will be between $235,700 and $286,300 with an opportunity to earn a discretionary annual bonus.

The salary range is determined and based on internal equity, market data/ranges, applicant's skills, prior relevant experience and education.

Additional benefits:

- Medical, Dental, and vision plans

- 401(k) and matching

- Paid Time Off

- Company Paid Life Insurance

- Employee Assistance Program

- Training and Development Opportunities

- Employee Discounts