Renewable Energy Underwriter

Now Hiring: Renewable Energy Underwriter

We’re seeking a Renewable Energy Underwriter that is responsible for underwriting and credit analysis of renewable energy and sustainability-focused financing, including solar, energy storage, and energy efficiency projects. The role supports mission-driven growth while ensuring strong credit quality, regulatory compliance, and adherence to internal credit policies.

The ideal candidate brings strong financial analysis expertise along with knowledge of renewable energy project structures, cash flow modeling, and industry-specific risks.

What You’ll Contribute as a Renewable Energy Underwriter

Renewable Energy Credit Underwriting & Deal Evaluation

• Underwrite construction, term, and bridge financing for renewable energy projects including solar, storage, and energy efficiency.
• Analyze borrower and sponsor financias, tax returns, cash flow, and global debt service coverage. 
• Evaluate project-level economics, including PPA and off-take agreements, incentive structures (e.g., tax credits), operating assumptions, collateral, guarantees, and overall credit structure.

Risk Assessment, Documentation & Credit Governance

• Identify and assess key project risks, including construction, technology, regulatory, counterparty, and performance risk.
• Prepare clear, well-documented credit memoranda with risk mitigation strategies.
• Ensure compliance with internal credit policy, underwriting standards, and regulatory requirements. 
• Participate in credit committee discussions and respond to senior credit leadership inquiries.

Portfolio Monitoring & Ongoing Credit Management 

• Monitor portfolio performance and support annual reviews, renewals, and covenant compliance.

Champion Our Mission, Protect What Matters

• Embody a commitment to environmental, social, economic, and racial justice.
• Apply interest in our core values and pursue education related to sustainability practices.
• Pursue and demonstrate an understanding of established Bank policies, procedures, and regulations.
• Protect the organization and its customers by identifying and escalating suspicious or fraudulent activity in collaboration with appropriate teams. 
• Maintain working knowledge of applicable laws, regulations, and Bank policies; complete all required compliance and IT training.

What You’ll Leverage in this Role:

Experience & Education

• Bachelor’s degree in finance, accounting, economics, or a related field.
• 3-7+ years of commercial credit underwriting or project finance experience.
• Preference for renewable energy, infrastructure, or solar, storage, wind, or energy efficiency financing.
• Knowledge of tax equity, PPA structures, and renewable energy incentives preferred.
• Experience working in a mission-driven or values-based financial institution strongly preferred.

Entrepreneurial Self-Starter Mentality - You own your work product and consistently deliver high-quality, measurable results. You apply strong financial statement analysis and cash flow modeling skills to underwrite complex commercial or project-based loans efficiently and with limited supervision. You thrive in a fast-paced, high-expectation environment and are motivated by continuous growth.

Master Communicator - You communicate with clarity, confidence, and professionalism across in-person, virtual, and written channels. You listen actively, respond thoughtfully, and engage effectively with stakeholders at all levels while building strong relationships and influencing sound decisions.

Banking & Fintech Acumen- You bring strong knowledge of financial products, regulations, and underwriting best practices, along with the ability to interpret complex financial reports and business structures.

Tech-Forward and Analytical Thinking - You adopt new tools quickly and leverage technology to improve efficiency and streamline underwriting. 

Commitment to Being a Team Player - You lift others up, share ideas, and bring positive energy to everything you do. You know what it takes to operate as a part of a larger team and cherish opportunities to contribute to the big picture. You’re dependable, communicate clearly and always happy to lend a hand where needed.

What to expect from your physical environment

• Remote role within the United States; Eastern Standard Hours.
• Occasional U.S. travel for company events or leadership sessions.
• Sustained standing and sitting.
• Frequent communication (speaking and listening) and use of PC, including typing or sustained attention to monitor.
• Occasional lifting up to 20 lbs.