Assistant Vice President – Energy Underwriting Practice

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Job ID#: 12747

Assistant Vice President, Energy (Risk Underwriting) Practice

Core Skills — Project Finance/Renewables Credit & Risk/Exposure Mitigation
IMMEDIATE HIRE
Remote: Texas, Houston, Dallas, Denver, Mid-Continent, Northeast and Southeast US but not West Coast

Client's Energy Practice is seeking a skilled professional versed in the structuring, underwriting, and administration of risk mitigating techniques utilizing credit insurance related products (Surety Bonds) in the Renewables Project Finance space.  Ideal candidate will have a credit assessment and structuring background in Project Finance associated transactions and open to pursuing a challenging Business Development, career growth, and financially rewarding track in the firm's sophisticated Energy Practice

Role will grow into a Business development role after training development period of two (2) years – Client training provided

Job duties during development period

• Serve as primary point of contact to Client's Energy accounts to coordinate day-to-day operations
• Build and maintain long-lasting relationships with accounts managed
• Ensure timely and efficient delivery of surety bonds or any other account request
• Coordinate and deliver advisory feedback between sureties and clients
• Collaborate with various internal teams including but not limited to Advisory & Production, CSR, and work closely with the Director of Operations.
• Proactively explore potential opportunities for additional surety credit within existing client book
• Optimize existing client relationships and expand surety involvement
• Actively maintain understanding of current events for all clients and ensure VPs are current on client activities
• Maintain existing prospective client network and produce new surety clients as appropriate
• Advocate and educate internal and external stakeholders on project finance structures to help develop surety appetite and innovative surety products
• Participate in and facilitate prospect, client, and surety meetings as necessary
• Travel as needed

Job Duties post Development Period

• Coordinate smooth transition of account management responsibilities
• Produce new surety clients
• Maintain and build relationships with clients on boarded
• Stay current on surety marketplace and respective sub-segment of expertise
• Continue to innovate and educate sureties  opportunistically
• Meet with sureties and underwriters to develop rapport
• Actively participate in industry association meetings, trade shows and conferences
• Prepare and present client proposals
• Travel as needed

Requirements/Qualifications

• 3-7 yrs Project Finance credit underwriting preferably in the Renewables space or secondarily in the Energy Upstream space
• Degreed in Finance or other business disciplines preferred
• Formal bank credit training is preferred
• Experience underwriting and structuring credit in the Surety Bond space is a PLUS

Compensation/Benefits/Other

• Up to $125K DOE plus a 10% commission-base bonus during the development/training period
• Post the development/training period, Comp structure will gradually transition into an attractive and balanced commission structure providing both income security and lucrative commission upside.
• Healthcare
• Short term and long term disability
• Life insurance
• FSA plan
• HRA plan
• Dependent care plan
• 401K plan
• Deferred compensation plan

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