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

USBCDC is currently seeking a candidate to join our growing team of finance professionals as a Project Manager/Underwriter (PM). The PM’s responsibilities include underwriting, structuring, negotiating and closing complex renewable energy investments and loans (predominantly for solar and wind projects) utilizing Renewable Energy Tax Credits (RETC). The PM will prepare underwriting packages for proposed transactions and present to the company’s investment committee.

Job Responsibilities:

• Participate in the early‐stage review of potential investments, loans, deal structures, programs, and partners.
• Engage and manage third party professionals including attorneys, accountants, and engineers.
• Review complex legal documents pertaining to structured investments; works with counsel and business partners to negotiate and mitigate risks on behalf of USBCDC.
• Review financial projections, underwriting cash flow, accounting, and tax risks.
• Coordinate with internal and external USBCDC departments to facilitate underwriting and closing of investments and loans.
• Close transactions in accordance with bank policies while managing customer expectations and timelines.
• Participate in special projects, including the development and revision of internal policies and procedures.
• Actively ensure compliance with the U.S. Bank Code of Ethics and all Anti‐Money Laundering, Bank Secrecy Act, and information security policies and procedures. Follow account opening procedures and internal suspicious activity referral requirements and processes.
  
  
  

Basic Qualifications

• Bachelor's degree and sixor more years of related experience
  
  
  

OR

• MBA/JD with three or more years of directly related experience
  
  
  

Preferred Skills/Experience

• Five or more years of experience in financial services, renewable energy, or comparable experience
• Renewable energy project finance or banking background preferred
• Demonstrated interest in promoting diversity in the workplace and a commitment to maximizing equitable access to the benefits of renewable energy.
• In-depth knowledge of renewable energy tax credit programs and structures.
• High degree of familiarity with utilizing project finance models to underwrite debt and/or tax equity.
• In-depth knowledge of construction/term project finance lending and related products.
• Detailed knowledge of critical aspects of renewable energy project underwriting, including equipment and performance review as well as a baseline understanding of U.S. energy markets including regulatory structures, physical and synthetic forms of power agreements and derivatives, as well as renewables-focused regional incentives.
• Familiarity with critical banking processes and procedures, including credit policy review and approval.
• Well-developed analytical skills which includes the ability to simplify and distill complex problems and issues.
• Strong ability to develop trust and rapport with customers.
• Excellent time management skills with the ability to effectively manage client timelines and needs. Ability to identify obstacles and manage expectations, both internally and externally.
• Effective listener and advanced communication skills, both oral and written.
• Highly motivated self-starter who has good attention to detail, a growth mindset, and the ability to be comfortable in periods of unpredictability.
  
  
  

U.S. Bancorp Community Development Corporation (USBCDC), the tax credit and community development division of U.S. Bank, believes all people have a right to the possibilities that come with living in a safe and vibrant community. The financing USBCDC provides for affordable housing, economic development and renewable energy projects have a lasting social and environmental impact in communities. Visit USBCDC on the web to find out more at www.usbank.com/cdc.

Location

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.

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.

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: $124,355.00 - $146,300.00 - $160,930.00

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.