Job Title:  Credit Analyst

Location:  Newark, NJ

Compensation:  $20/hr - $26/hr

Duration: 2 years

**Must be legally able to work in the United States

This is a credit position with a stable Fortune 500 utility company located in New Jersey. The successful candidate will provide analytical and credit underwriting expertise to support the loan origination and portfolio monitoring efforts of the Solar Loan Program. The Senior Credit Analyst will be actively involved in making credit recommendations to management and in advising on structuring of new transactions for purposes of mitigating risk.

Key Duties
• Implement corporate credit policy and procedures and perform credit reviews for solar loan program commercial applicants.
• Evaluate credit proposals and applications, conduct due diligence and make written credit recommendations to management.
• Establish and maintain contact with clients throughout the due diligence process to obtain/provide information and advice, conduct interviews and relay information regarding the process and the company\'s requirements
• Review and analyze financial statements, credit ratings, financial models, both for existing clients and on new solar financing opportunities
• Identify structural risks and mitigates in prospective transactions and recommend enhancements and structuring of deals and covenants in line with policies and procedures.
• Assist in documenting new financing transactions.
• Responsible for monitoring of borrowers’ financial condition to determine collateral requirements as required by the loan agreement.
• Recommend enhancements to credit procedures in line with Board of Public Utilities approved Board Order.
• Assist in the identification and analysis of potential business transactions and assist in the preparation of presentations/pitches
• Ensure compliance with program policies and procedures and SOX controls.
• Maintain and apply working knowledge of company\'s Standards for Business Controls and meet management\'s expectations for effective internal business controls.
• Provide support for special projects and other functions as requested.

Essential Qualifications:
• Bachelor Degree in business or finance or equivalent experience
• Minimum 3 years financial analysis and/or credit experience
• Project finance experience/knowledge
• Strong technical, computational and quantitative skills
• Ability to make decisions and proactively resolve borrower issues.
• Understanding of financial statements, corporate finance theories and practices, credit and risk principles, accounting, economics and statistics as well as strong research skills.
• Excellent analytical ability including demonstrated knowledge of valuation techniques and practices, including cash flow analysis
• Ability to build, review and maintain complex cash flow forecasting models with an excellent understanding of lending financial concepts and ratios
• Excellent interpersonal, presentation, oral and written communication skills and an ability to explain complicated financial concepts to all levels, including clients and senior management
• Comfortable interacting with and managing relationships with clients’ senior management during loan due diligence and portfolio monitoring.
• Demonstrated job commitment including a willingness to work under deadlines in a high-volume, fast-paced, results-driven environment with flexibility and adaptability in order to meet client requirements
• Proven ability to pay close attention to detail, multi-task and work collaboratively within a team under tight deadlines
• Well-developed organizational and time management skills in order to respond to shifting priorities on several simultaneous projects
• Proficiency in Microsoft Word, Excel and PowerPoint.
• Candidate must foster an inclusive work environment and respect all aspects of diversity

Desired Qualifications:
• Previous US power and renewables experience
• C.P.A., C.F.A, MBA or other related Masters degree
• Prior investment/corporate banking work experience
• 3 years + of Project Finance experience/knowledge.
• Understanding of New Jersey’s solar energy market and familiarity with local utility solar financing programs.