Senior Associate: Power & Renewables Finance

Job Purpose

To execute and maintain Project Finance transactions with targeted clients in the Energy Sector within Nedbank CIB, with a career development goal towards origination and structuring of transactions.

Power & Renewables Finance is looking to recruit professionals who are passionate about the energy sector and the energy transition and more importantly have the drive to close Project Finance transactions and make a difference to the Energy Sector.

Job Responsibilities

• Be part of the Power & Renewables Finance front office deal teams responsible for executing and maintaining Project Finance transactions in the Energy Sector.

• Support Principals and Associate Principals in deal execution and client management.

• Assist in the preparation of internal committee submissions, credit papers and client pitches (EOIs, terms sheets, presentations, credit/pricing applications, memos, and reviews) by conducting technical, legal and/or financial due diligences.

• Perform strong analysis of the financial, technical, and legal risk of energy projects and provide appropriate risk mitigants to the risks identified (in consultation with advisors).

• Support effective execution of transactions by applying core skills. Analyse reports from the respective advisors (technical, legal and financial) and transpose the information into credit reports.

• Ensure completion of high-quality credit papers within specified timelines by planning, scheduling, researching & gathering information, managing own time and preparing in advance of meetings/committees.

• Develop strong knowledge and precedents on power purchase agreement, EPC, and O&M contracting methodology under the Project Finance framework.

• Assist with the review of legal documents by cross referencing approved terms sheets to draft legal agreements and ensure incorporation of all other commercial terms in the legal documents.

• Support the building and maintaining of external stakeholder relationships by setting up meetings on behalf of Associate Principals & principals, drafting list of requirements from clients and taking notes in relevant forums.

• Build and maintain relationships with all internal stakeholders such as credit, pricing teams, coverage, markets, Lending Middle Office, Internal Legal, Transactional Services and Compliance.

• Liaise and collaborate with relevant stakeholders and facilitating the sign-off of relevant transactions.

• Work with external legal, technical, financial and insurance advisors as well as model auditors as part of the deal closing and deal management.

• Conduct market research and prepare in presentable formats.

• Meet performance targets by executing transactions in collaboration with internal and external stakeholders.

• Identify training courses and career progression for self through input and feedback from management.

• Ensure all personal development plan activities are completed within specified timeframe.

Essential Qualifications - NQF Level

Preferred Qualification

• Post Graduate qualifications such as Honours/Masters
• Admitted Attorney or Pr Engineering
• MBA

Essential Certifications

• Undergraduate Engineering and or Legal.

Minimum Experience Level

5 to 6 years relevant sector / industry experience

Worked either at:

• a Bank performing the same role,
• Project Finance Team,
• Developer or Independent Power Producer,
• Power Utility

Technical / Professional Knowledge

Behavioural Competencies