What are the responsibilities and job description for the Portfolio Analyst position at National Cooperative Bank?
Renewable Energy Team
VA Office
The Portfolio Analyst will support the portfolio, relationship management and business development activities of the Renewable Energy lending team within the Corporate Banking Group.
Responsibilities Include
Portfolio Management 55%
Bachelor’s degree in finance or related field with 1-3 years of experience in a quantitative position. Financial modelling experience required. Experience and a demonstrated interest in solar/renewable energy a plus. Must have a high proficiency in Excel, excellent oral and written communication skills, and must be able to collaborate with a variety of stakeholders, internally and externally.
AA/EOE
VA Office
The Portfolio Analyst will support the portfolio, relationship management and business development activities of the Renewable Energy lending team within the Corporate Banking Group.
Responsibilities Include
Portfolio Management 55%
- Serve as a contact for borrowers, who are primarily solar developers.
- Work closely with the loan servicing and closing teams to ensure all servicing requirements are properly understood, accurately completed, and performed in a timely manner.
- Monitor quarterly payments through bank-controlled accounts and work jointly with Servicing and Borrower to resolve issues.
- Monitor all aspects of borrower performance, including solar monthly production tracking and preparation of covenant calculations.
- Track, review and prepare covenant waivers, annual reviews, loan amendments, and other credit materials as required.
- Collect and review borrower documentation for solar installation funding requests and provide documentation for Servicing to fund such requests.
- Prepare Excel pro forma financial models to accurately reflect solar project finance cash flow.
- Collect, organize, and review borrower due diligence information required for underwriting and closing.
- Support team efforts to load all borrower information into relevant bank platforms, including nCino.
- Assist in the review of loan documents.
- Stay abreast of renewable energy industry trends.
- Research and analyze new tax credit structures and renewable energy technologies.
- Attend industry trade shows and conferences. 5%
Bachelor’s degree in finance or related field with 1-3 years of experience in a quantitative position. Financial modelling experience required. Experience and a demonstrated interest in solar/renewable energy a plus. Must have a high proficiency in Excel, excellent oral and written communication skills, and must be able to collaborate with a variety of stakeholders, internally and externally.
AA/EOE
