Environmental Finance - Director of Asset Management

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Job Description

Environmental Finance is hiring for a new Director of Asset Management to direct our team of asset managers for our Renewable Energy Tax Credit portfolio.

Responsibilities include:

Provides leadership, guidance, oversight and training to a team of Assistant Directors and Senior Asset Managers. Counsels and evaluates direct reports.

Makes decisions in a timely manner, leveraging technical expertise, exceptional analytical and problem-solving skills, financial analysis skills, negotiation skills, knowledge of internal processes and policies, etc. Must be able to multi-task and drive results (projects, workflow, deal issues), ensuring that portfolio risk monitoring and the workout and restructuring of troubled assets is done in accordance with credit standards.

Should demonstrate strategic mindset, taking a broad view and demonstrating a multi-dimensional approach to situations. Must be able to make meaning of goals and objectives to motivate, engage and drive results by explaining why we do things.

Excellent communication skills in all directions, keeping leadership apprised of deal or relationship issues and trends in the portfolio, along with any deterioration in ongoing asset quality and performance in accordance with credit policy, and making recommendations to top management, including how and when to advocate for something.

Demonstrates exceptional interpersonal skills. Develops and maintains relationships with internal partners. Leads cross functional projects with goal of continuous improvement, learning, increased alignment, and consistency across the enterprise

Is responsible for ensuring that credit policy standards and compliance requirements are met, acts as Business Process Owner for SOX controls and various critical reporting deliverables, and oversees monthly financial forecasting.

Ensures the portfolio is maintained in an Audit-ready status, acts as lead in periodic internal and external Audit reviews.

Critical Functions: The Director is a leader within the Asset management team providing:

People Leadership – coach, mentor, develop staff

Process Leadership – develop, implement, ensure consistency of processes, drive results

Thought Leadership – ability to think critically and strategically about risks and how to achieve goals while balancing customer experience

Basic Qualifications

- Typically Bachelor's degree, or equivalent work experience

- Typically 12 or more years of related experience

- Typically five or more years of management experience

Preferred Skills/Experience

Master’s degree and/or CPA preferred

6+ years of Renewable Energy Tax Credit (RETC) experience

Thorough understanding of tax credit investment management

Advanced knowledge of structured finance, legal documentation, accounting, and financial statement analysis

Effective interpersonal, verbal, and written communication skills

Well-developed analytical and problem-solving skills

Strong relationship management abilities

Highly motivated, able to work independently, and with acute attention to detail

Knowledge of RETC preferred

Supervisory or leadership experience preferred

Location Expectations

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week, and the flexibility to work outside the office location for the other days.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

Healthcare (medical, dental, vision)

Basic term and optional term life insurance

Short-term and long-term disability

Pregnancy disability and parental leave

401(k) and employer-funded retirement plan

Paid vacation (from two to five weeks depending on salary grade and tenure)

Up to 11 paid holiday opportunities

Adoption assistance

Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $164,390.00 - $193,400.00 - $212,740.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.