Sectors | Energy, Renewables & Power | Associate | NYC/HOU
About the position:
The Energy – Renewables & Power (“R&P”) team is part of ING Sector Coverage. The R&P team covers the power & renewables market in the Americas, with a primary focus on leading project finance lending transactions. The team covers all power generation technologies including natural gas, solar, wind, hydro, geothermal and battery storage.
Responsibilities :
- New Deal Origination/Execution Support: support MDs, Directors and VPs in the R&P Team in the origination of and/or participation in power project financings
- Performing due diligence and preparing presentation materials for new financing opportunities, capital structuring or M&A transactions
- Prepare pitches, briefing notes, and marketing materials for client meetings and new commercial opportunities
- Identify and drive cross-sell opportunities from meetings with product partners and clients
- Support product partners in leading and structuring private placement and ABS transactions
- Reviewing financing documents and material project agreements; liaise with internal and external legal counsels.
- Demonstrate thought leadership and contribute strategic insights for the development of ING’s business
Qualifications and Competencies
Requisite Skill Set:
- Strong academic track record with Undergraduate or Masters from top school
- Solid math skills essential
- Strong written and oral communication skills
- Must be highly detail-oriented
- Must be able to manage multiple projects simultaneously and meet tight deadlines
- Proficiency in MS Office (Excel, Word, PowerPoint): Must have strong Excel skills and be able to build financial debt models.
- Fundamental understanding of GAAP accounting principles and comfort with core financial statements (Income Statement, Cash Flow Statement and Balance Sheet).
- Fundamental understanding of key financial markets and products.
- Basic understanding of corporate and bankruptcy law.
- Team Player, self-motivated high quality/high quantity producer
Other:
- Writing sample – preferably a credit analysis
- Taking a basic debt modelling test
- References
- Education: Bachelor’s Degree in Accounting, Finance, Economics, Math or Engineering
- Experience: 4-5 years of relevant project/corporate finance experience ideally in the North American power industry
- Microsoft Excel, PowerPoint, Word
- Series 79/63 preferred but not required
Salary: $130,000 - $175,000
In addition to comprehensive health benefits, a generous 401k savings plan, and competitive PTO, ING provides a broad array of benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for expenses associated with commuting and fitness.