Director/ Senior Director

Position Summary

HASI is currently seeking a Director or Senior Director with renewable asset investing experience to join our team. This individual will lead a team which manages closing, funding and transaction management activities across HASI’s investments. The types of investments include solar (utility scale and distributed), storage, wind, clean fuels, EV and other sustainable infrastructure projects. The core responsibilities of the role include being the commercial leader and main point of contact with clients during the capital deployment phase of a transaction, and leading a team which drives timely, efficient and proper closings.

Salary Range

Expected salary range of $190,000-$240,000, based on level, experience and location. In addition, HASI offers an annual bonus program; 401(k) with company match; an equity incentive program; comprehensive medical, dental and vision benefits; paid time off for vacation, holidays, and sick days; and much more.

Responsibilities & Skills

We are looking for a leader for our growing Forward Flow team which supports all of our investment markets, including large scale and distributed renewable energy, clean fuels, transportation and other sustainable infrastructure investments. This position requires a commercial lead who has experience liaising with clients and coordinating efficient closing processes. The right candidate will have very strong commercial acumen and be very proficient in structured finance/ investments, with skills including:

• Able to quickly read and digest transaction documents such as investment memos, LLCAs, loan agreements, DAPAs, tax equity and debt documents
• Comfortable reading and interpreting project materials and contracts (to include technical reports, operating reports, financial models, power offtake agreements, incentive awards, operating and construction agreements)
• Proficient negotiator and able to process amendments, waivers and other client requests confidently
• Comfortable and competent with complex financial models
• Masterful in coordinating multiple internal and external groups and advisors to drive closings efficiently and timely
• Natural leader, collaborative and skillful managing a high performing team
• Well organized and process oriented
• Expected to supervise and be accountable for tasks such as:

1. Confirm that all components of transaction underwriting are reflected in financial models, including IRR/returns, cash waterfall, sponsor equity requirements and align with commercial details of project documents.
2. Identify and report any discrepancies between the project documents and the financial model.
3. Collaborate with project teams to address any inconsistencies found during the review process.
4. Maintain accurate and up-to-date records of all reviewed materials.
5. Enforce deeper level model review to ensure model mechanics are functioning appropriately.
6. Analyze model scenarios and advise on custom analysis.
7. Participate in solving unique challenges that may arise as part of each funding.
8. Provide regular updates to the relevant teams on the status of projects.

Other Expected Knowledge and skills 

• Knowledge of structured debt, tax equity partnerships, and asset-backed securitization transactions
• Very strong MS Excel financial modeling and data mining skills, with demonstrable experience developing and managing complex financial models
• Strong analytical skills and attention to detail
• Ability to work independently with limited oversight
• Excellent management and collaboration skills
• Familiarity with energy project finance transactions and documentation
• Strong interpersonal skills with the ability and desire to work in a fast-paced, innovative, entrepreneurial environment
• Excellent written and verbal communication skills (including listening)
• Dependable and reliable; excellent at taking initiative

Education and Prior Work Experience

• Bachelor’s degree from a four-year institution; CFA and/or MBA preferred
• Prior experience in finance in the renewable energy sector, ideally including tax equity partnerships, project finance and structured debt or equity finance.
• Experience in modeling, ideally involving structured debt and equity investments, including working knowledge of tax equity partnership flip models for renewable energy assets.