Director Capital Markets

Origis Energy is seeking an experienced Director Capital Markets who will play a pivotal leadership role building and scaling Origis’ fast-growing renewable IPP business.  The ideal candidate will be the team lead on all aspects of execution of debt financing and tax equity investments.

Reporting directly to the Senior Vice President Capital Markets, the Director Capital Markets is a regular, full-time position, and is eligible for our generous employee benefits package, including employer paid health insurance, paid time off, a 401(k) plan with employer matching contributions, and other great benefits.

Key Responsibilities

• Responsible for sourcing and managing tax equity and debt for projects and corporate facilities, including review of proposals and recommendation
  • Coordinate preparation of RFP material for prospective lenders and investors, comprised of teasers and consultants reports and modeling
  • Task deal team with responsibilities to ensure smooth execution
  • Select prospective lenders and investors and organize formal outreach through an RFP
• Compare offers and formulate a recommendation to the Head of Capital Markets, including selected counterparty(ies), execution strategy, and timeline
• Oversee diligence with technical and financial advisors and address any issue that might arise in terms of timing and / or quality of deliverables. Ensure involvement and coordination with the right Origis teams (EPC, Resources, BD, Development…). Devise constructive solutions to address problems
• Oversight and training of more junior team members in the deal team – ensuring that all deadlines are met and that the work product is high quality
• Be ultimately accountable for delays in timing and deterioration in outcome (debt / tax equity quantum). Communicate on a weekly basis (Capital Markets call) and on an ad-hoc basis as needed
• Provide final oversight on all financial modeling work, impact of structure on project IRRs and MOICs and communication of financial information internally and externally
• Lead all documentation aspects - negotiation of term sheets and documents together with legal counsel
• Develop strong relationships with debt providers and tax equity investors, to establish or maintain relationships with Origis’ capital providers and understand market trends

Preferred Qualifications

• Bachelor’s degree minimum
• Minimum of 8 years of relevant working experience in structured/project finance, preferably with another developer or IPP or in the financial industry with a leading Project Finance lender
• Understanding of the renewable sector and associated capital structures including tax equity
• Clear experience leading the structuring and execution of financing facilities
• Existing relationships with the main PF lenders and tax equity investors active in the market
• Solid understanding of Capital Markets and of the bank and tax equity markets in general, including deep appreciation for typical processes (credit and investment committees; KYC diligence; etc)
• Robust financial modeling skills and ability to oversee more junior managers and associates

 Key Attributes For Success

• Excellent organizational skills, ability to manage multiple workstreams simultaneously
• Fluency in negotiating project finance legal documentation including conditions precedents, reporting requirements, covenants, events of default and other key project finance concepts
• Proven ability to complete tasks under strict deadlines; accountability and ownership of assigned work
• Pride the consistent delivery of a high-quality work product, attention to detail
• Strong written and verbal communication skills both internally and externally – with third party consultants, counsels and capital providers
• Ability to work cross functionally
• High degree of initiative and decisiveness
• Problem-solving skills
• Attention to details
• Impeccable work ethics and ability to lead by example. Energetic about getting the team to success, and interested in mentoring junior team members
• Comfort with financial modelling
• Ambition to grow beyond current capabilities and role

Location              New York, NY

Travel                   Up to 10% travel as needed

Job Level            Director – no direct reports