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Manager, Project Debt

at RWE Renewables America, LLC in Chicago, Illinois, United States

Job Description

RWE Clean Energy, LLC
At RWE Clean Energy (RWECE), the Manager, Project Debt; will be the primary interface with project debt partners and will have overall responsibility for the administration, performance and compliance of contractual obligations related to financed assets.Reporting to the Project Debt Director, the Project Debt Manager will leverage prior project debt finance experience to make a meaningful immediate impact, performing day-to-day administration relating to the financing agreements and supporting any new potential project debt origination. The Project Debt Manager will effectively collaborate cross-functionally with numerous internal stakeholder groups and maintain strong relationships with external stakeholders.
Responsibilities:
Understand, interpret, and administer project finance agreements to ensure compliance with contractual obligations
Build rapport with lenders to maintain positive working relationships and ability and willingness to work together to resolve any potential challenges
Analyze and review data, aggregate and provide reports and information to third parties per contractual requirements
Proactive cash flow management to ensure appropriate funding for operating expenses, debt service and distributions
Support future potential project debt origination (e.g. data collection/analysis, contract review, model review)
Coordinate project-level cash management with internal departments including Asset Management, Treasury, Accounting and Legal, amongst others
Work with a variety of internal and external finance professionals to implement credit support instruments (e.g. letters of credit)
Respond to internal and external inquiries that impact financing contracts
Data management: Project debt data uploaded and maintained in internal systems
Continuous process improvement: Process mapping and supporting potential improvement opportunities, documentation, model standardization and improvements
Other ad hoc duties as assigned (i.e. special projects, analytical support)

Qualifications:
Bachelor'sDegree in Finance/Accounting/Economics/Business or related fields, required
Minimum of 3 years of Project Debt Finance experience required and a minimum of 8 years of overall professional work experience, in positions of increasing complexity and responsibility
Experience in banking, project finance or treasury, a plus
Strong leadership and communication, and ability to meet deadlines
Detail-oriented, well-organized, has strong business acumen, and a sound understanding of business concepts
Strong interest in finance and understanding of business contracts is required
Adept at analyzing financial statements
Moderate to advanced Excel skills and ability to accurately synthesizes data
Able to understand and summarize contractual terms and obligations
Excellent interpersonal skills required to interact and collaborate with a wide variety of internal and external stakeholders
Strong attention to detail, ability to learn quickly and problem-solving mentality
Continuous process improvement mindset
Capable of working in a fast-paced environment and quickly adapting to changing priorities
This position is an office-based role with some travel and visits to other RWECE office and field locations, employee must be able to sit, walk, or stand for long durations of time
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays. Eligible employees also participate in short-term incentives, in addition to salary.

RWE is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

For 125 years RWE has been the source of energy for millions of people across the globe. Now we're making all that energy green. This decade alone we're investing 50bn into renewables and will be carbon neutral by 2040 - ten years earlier than most other global targets. This is a chance to play a key role on our journey.

Join our renewables specialists, working across the clean energy spectrum to grow our operations to 50 GW by 2030 - with some of the world's largest on and offshore wind farms and industry-leading hydrogen initiatives. We're also considered innovators in solar development including floating photovoltaics and agri-photovoltaics. Or add your expertise to our supply and trading operations, brokering renewable electricity, green gas, commodities, and CO2 emission allowances from one of our advanced energy trading floors.

Apply now with just a few clicks: ad code 87043
Any questions? Contact in Recruiting:Jenn Porti

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Job Posting: 12032468

Posted On: Jul 08, 2024

Updated On: Aug 07, 2024

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