VCEIB Investments Lead

Title: VCEIB Investments Lead

State Role Title: Prog Admin Specialist II

Hiring Range: $75,000 -$90,000

Pay Band: 5

Agency: Department of Energy

Location: Administration/Energy/telework

Agency Website: www.energy.virginia.gov

Recruitment Type: General Public - G

Job Duties

Virginia Energy is in search of a dynamic professional to serve as Investments Lead for the Virginia Clean Energy Innovation Bank (VCEIB). The incumbent in this role will assist in managing the program’s investment portfolio under the Director of the VCEIB. Key responsibilities include identifying and sourcing investment opportunities, supporting the transaction process (such as managing due diligence, performing financial modeling and analysis, structuring deals, preparing investment memos, and more), and assisting in managing the bank’s investment portfolio. Additional duties include developing policies and procedures, fostering partnerships with public and private capital providers, promoting VCEIB at events and conferences, and coordinating with stakeholders throughout the transaction lifecycle. The ideal candidate will play a pivotal role in advancing the bank’s mission to mobilize both public and private capital to drive the expansion of clean energy generation, innovation and energy infrastructure across Virginia.

Virginia Energy’s mission is to lead the Commonwealth to a safe, reliable and responsible energy future with greater emphasis on renewable energy programs and economic development, as well as implement the Virginia’s Energy Plan to ensure the Commonwealth has abundant, reliable, affordable and clean energy.

Come be a part of an agency that makes a difference. We have offices in Big Stone Gap, Charlottesville, and Richmond, Virginia.

Minimum Qualifications

• Professional experience in banking or investment, ideally with a focus on the energy sector
• Demonstrated experience in initiating, managing, negotiating, and finalizing financial transactions
• Working knowledge of credit risk assessment and underwriting processes
• Experience performing financial modeling and conducting thorough due diligence to evaluate potential investment opportunities
• Familiarity with relevant private-sector financial institutions, including commercial and regional banks; infrastructure funds; and private equity/venture capital firms
• Excellent analytical skills with attention to detail and the ability to manage multiple projects
• Strong verbal and written communication skills for effectively engaging diverse stakeholders
• Demonstrated ability to help manage stakeholder review processes
• Proven capability to compile, evaluate, and create reports on complex financial information
• Ability to work with Agency management to communicate and present plans, budgets and recommendations effectively
• Ability to work independently, multitask, and meet constant deadlines
• Ability to apply computer skills in Windows, and network environments with specialized software
• A valid driver’s license
Ability to travel frequently

Additional Considerations

Strong background in energy finance is highly desirable

Special Instructions

You will be provided a confirmation of receipt when your application and/or résumé is submitted successfully. Please refer to “Your Application” in your account to check the status of your application for this position.

Applications and résumés for this position are accepted electronically through the Commonwealth of Virginia’s Electronic Recruitment System only. Interview decisions will be based solely on the information provided in your electronic application and/or résumé. Please ensure you detail all relevant work experience clearly and specifically; we will not make assumptions about your qualifications. You will receive a confirmation of receipt once your application and/or résumé has been successfully submitted. To check the status of your application, refer to “Your Application” in your account.

All applicants for employment must consent to a comprehensive background check. Selected candidates must successfully pass a drug test, reference, driving, and criminal background check.

Selected candidate(s) will need to complete the I-9 Employment Eligibility Verification Form.

Virginia Energy is an Equal Opportunity Employer by both policy and practice, therefore prohibits discrimination on basis of sex, color, national origin, sexual orientation, gender identity, age, veteran status, political affiliation or disability in the recruitment, selection and hiring of our workforce.

As a certified V3 organization, Virginia Energy honors the Commonwealth’s veterans hiring preference. AmeriCorps, Peace Corps and other National Service Alumni are also encouraged to apply.

Applicants requiring reasonable accommodation for any part of the application process, or any part of the remaining hiring process should contact the hiring agency directly. Determinations on requests for reasonable accommodation will be made on a case-by-case basis.

Contact Information

Name: Pamela Koger McElwain

Phone: 804-910-1525

Email: Pamela.KogerMcElwain@energy.virginia.gov

In support of the Commonwealth’s commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly COD) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS/DBVI to get their AHP Letter. Requesting an AHP Letter can be found at AHP Letter or by calling DARS at 800-552-5019.

Note: Applicants who received a Certificate of Disability from DARS or DBVI dated between April 1, 2022- February 29, 2024, can still use that COD as applicable documentation for the Alternative Hiring Process.