Power & Project Finance Associate - El Segundo, CA or Denver, CO
Location: El Segundo, California
Internal Number: 10280_062748
The Organization you will be a part of:
Zions Bancorporation and its affiliate California Bank & Trust are one of the nation's premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions Bancorporation is recognized by American Banker as one of the "Best Banks to Work For" and for having a top banking team in its list of "The Most Powerful Women in Banking." Our customers consistently vote us as the best bank in our local markets., We value our employees, and are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a "local" business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers. With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.
The Team you will be working with:
The Power & Project Finance Group who are a specialized team of experienced industry experts with a proven record of structuring and efficiently executing custom financing solutions for owners of power generation assets and power-related infrastructure projects across the United States. The team provides construction and term debt, acquisition financing, revolving credit facilities, and letters of credit for projects in the solar, wind, natural gas-fired, energy storage, geothermal, hydroelectric, and transmission sectors. This team's deep experience is complemented by the full product suite of Zions Capital Markets, enabling the team to perform all essential roles of a syndicated project financing, including loan syndications, administrative agency services, and interest rate hedging. Typical project financing transactions range from $50 million to over $500 million.
We are looking for a Power and Project Finance Associate in El Segundo, CA or Denver, CO to be charged with the following responsibilities:
Responsible for financial modeling and analysis, identifying key risks, assisting senior bankers with loan structuring and pricing, preparing extensive written credit analysis, and assisting with credit presentations.
Provides analytical, underwriting and marketing support during the origination and execution of new lending opportunities.
Responsible for reviewing loan documentation and due diligence materials.
Keeps informed of financial and market trends in the power and energy industry and the impact this has on new opportunities as well as the existing portfolio.
Applies all applicable credit policies and internal processes for the execution and funding of new transactions.
Develops relationships and credibility with key internal constituents.
Develops external relationships with clients including junior members of client companies and serve as a backup contact for clients when primary relationship managers are unavailable.
Acts as primary account officer on assigned transactions within the portfolio, including maintaining accurate risk ratings, executing amendments, preparing monitoring materials and other tasks and administrative items.
May assist with the training, development and work review of other analysts and associates.
Some travel is required.
Other duties as assigned
Requires a Bachelor's degree in finance, business, accounting or a related field and 4+ years of experience in commercial lending, investment banking, project finance advisory or relevant buy-side experience.
An equivalent combination of education and experience may meet qualifications.
Advanced knowledge of project finance, power generation, project development, structured finance, leveraged finance, investment banking or private equity investing.
Proven ability to organize multiple demands on time and assist with the oversight, training and development of junior bankers.
Strong attention to detail and high degree of proficiency producing written analysis of financial statements, modeling outputs and key risks and mitigating factors.
Strong analysis and Excel-based financial modeling skills.
Strong verbal communication skills with the ability to quickly establish credibility with new people and cultivate relationships (internally and externally).
Medical, Dental and Vision Insurance - START DAY ONE!
Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
Paid Training, Paid Time Off (PTO) and 11 Paid Federal Holidays, and any applicable state holidays
401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
Mental health benefits including coaching and therapy sessions
Tuition Reimbursement for qualifying employees enrolled in an accredited degree program related to the needs of the business, maximum of $5,250 per calendar year, employees are eligible for the program upon hire
Employee Ambassador preferred banking products
This position is eligible to earn a base salary in the range of $120,000 - $135,000 annually depending on job-related factors such as level of experience.
Zions Bancorporation, N.A. is one of the nation's premier financial services companies with annual net revenue of $2.9 billion in 2021 and more than $90 billion of total assets. Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The Bank is a consistent recipient of national and state-wide customer survey awards in small and middle-market banking, as well as a leader in public finance advisory services and Small Business Administration lending, ranking as the tenth largest provider in the U.S. of the SBA’s Paycheck Protection Program loans. In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices.