Analyst, Capital Markets

Job Type: Exempt, Salaried | Full-Time, Permanent
Location: United States - Onsite - New York City Office
Reports To: Director, Capital Markets
Department: Finance

Role Summary

The Analyst, Capital Markets supports debt and tax equity capital-raising activities, including financial modeling, financing analysis, investor and lender materials, and the execution of project and portfolio financing transactions. The role also provides analytical support for M&A activities, due diligence, capital structure optimization, management reporting, and strategic initiatives.

The position applies established finance concepts and analytical techniques to evaluate financing opportunities, independently manages routine analyses and deliverables, and exercises judgment within established practices. Working closely with internal and external stakeholders, the role contributes to transaction execution and increasingly complex assignments with guidance and oversight from experienced Capital Markets professionals. The role is designed for a developing finance professional with a minimum of two years of relevant experience in areas such as project finance, leveraged finance, M&A, renewable energy finance, or business development.

Key Responsibilities

• Support the structuring, analysis, negotiation and execution of project financing transactions, including tax equity and various forms of project and portfolio debt, with guidance from senior team members as appropriate
• Develop and maintain financial models to support capital-raising activities and evaluate financing alternatives (and consult on financing of acquisition financing opportunities on as needed basis)
• Prepare investor and lender presentations, analyze proposals and coordinate with internal and external stakeholders to manage a timely closing process
• Provide analytical support for M&A activities including due diligence and capital structure optimization
• Prepare periodic reports for the purposes of management reporting, policy compliance and evaluating performance
• Conduct special projects, strategic initiatives or ad hoc analysis as required in support of projects and/or the overall business

Terraform Power makes opportunities available for significant exposure. Depending upon the background and experience of a candidate and contemplated financings, consideration will be made to participate meaningfully in select transactions with oversight from the Director.

Requirements

• Graduate or Undergraduate Degree in Finance, Business Administration, Economics, Mathematics, or related
• Minimum 2 years of relevant industry experience in project finance, leveraged finance, M&A or renewable energy finance and/or business development
• Project finance modelling skills and experience - renewable energy specifically is a plus
• Attention to detail and advanced organizational skills
• Excellent communication skills, both verbal and written
• Execution focused mindset with a high level of initiative
• Ability to multi-task and work in a very fast-paced environment
• Flexibility to address changing priorities and time demands
• Team-oriented with excellent interpersonal skills and ability to develop collaborative working relationships across multiple functional areas in the organization

Qualifications

• Demonstrated ability to take on increasing responsibility and work with growing independence Familiarity with solar, wind, battery energy storage or other PTC- or ITC-enabling technologies
• Fluency in financing structures such as PTCs, ITCs, tax credit transfers, back- and front-leverage structures, fixed income or long-tenor bond products (i.e. private debt, private placements, etc)
• Experience in value-creation and developing/negotiating financing and capital structures to optimize sponsor economics and in value-creation, experience in appraisal concepts (i.e. FMV, eligible basis) and negotiation a plus
• Advanced Excel skills required, including building macros and other advanced functionality
• Familiarity with debt and tax equity documentation principles
• Experience supporting the management of debt and tax equity partner due diligence and closing process (experience working with third party consultants a plus)
• Experience in detailed financial modeling of tax equity and debt transactions and valuation of relevant companies and markets
• CFA member or be progressing towards completion of said designation considered a plus
• Strong passion and experience in renewable energy development
• Humble, positive outlook with a simple, open communication style.

Base salary: $73,000 to $92,000. Bonus eligible. Actual compensation will be determined based on several factors, including relevant experience, geographic location, internal equity, and alignment with the responsibilities and requirements of the role.

Staffing Firm Notice:
TerraForm Power does not accept unsolicited resumes from staffing agencies or search firms. Resumes submitted without a valid, fully executed agreement and an authorized request from Human Resources will be considered the property of TerraForm Power, and no placement fee will be paid.