What are the responsibilities and job description for the Associate, Structured Finance position at Hanwha?
COMPANY OVERVIEW
Hanwha Group is one of the largest multi-industry business conglomerates in South Korea, and one of the Fortune Global 500 companies. Hanwha Group operates globally in a diverse range of businesses with $70 billion in combined annual revenue from over thirty countries in the sectors of chemical, petrochemical, renewable energies, aerospace, defense, finance, hotel & resorts, construction, and many others.
FutureProof, a Hanwha Company, is a Delaware registered company established by Hanwha Group to proactively respond to the global demand for energy sustainability. FutureProof is a joint venture investment platform equally owned by Hanwha Solutions and Hanwha Aerospace and pursue active investments in the fields of battery energy storage systems, LNG infrastructure and other sustainable energy transition fuels as well as clean energy maritime solutions and aerospace. FutureProof will leverage these two affiliates’ expertise in renewable energy and relevant technologies for a greater energy transition and sustainability in the United States of America and globally.
FutureProof also provides various shared services to Hanwha Holdings USA and its subsidiaries. Hanwha Holdings USA is the primary US shareholder company of a number of Hanwha subsidiary entities, working in sectors such as energy, manufacturing, trade, and investments in the United States. Strategic investments and M&A have been integral to Hanwha Group’s growth since its establishment in 1952, where Hanwha Holdings USA has played a key role based on its operations and investments in North America for the last decades.
FutureProof and Hanwha Holdings USA are both headquartered in New York City staffed with exceptional professionals including certified public accountants, lawyers, and investment & industry experts.
www.hanwha.com
www.hanwhafutureproof.com
Job Description:
We seek to add an Associate to our Structured Finance Team at FutureProof. The ideal candidate will have up to 5 years of experience in the renewable related infrastructure funds or private investment arenas.
Key Responsibilities:
Requirements:
Work Authorization:
The ideal candidate for this role will have authorization to work in the US prior to joining Hanwha. This role will not sponsor or help with the sponsorship for work authorization in the United States.
Diversity and Inclusion:
Hanwha believes that diversity and inclusion are vital to our success. We believe that by embracing different ideas and approaches, we enhance our ability to deliver the best results for our employees, our environment, and our business partners and customers. We foster a culture where all colleagues can share their passions and ideas in order that we may collectively embrace and overcome the challenges in our industry, and work toward a brighter future.
Hanwha is an Equal Opportunity / Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other federally protected class.
Hanwha Group is one of the largest multi-industry business conglomerates in South Korea, and one of the Fortune Global 500 companies. Hanwha Group operates globally in a diverse range of businesses with $70 billion in combined annual revenue from over thirty countries in the sectors of chemical, petrochemical, renewable energies, aerospace, defense, finance, hotel & resorts, construction, and many others.
FutureProof, a Hanwha Company, is a Delaware registered company established by Hanwha Group to proactively respond to the global demand for energy sustainability. FutureProof is a joint venture investment platform equally owned by Hanwha Solutions and Hanwha Aerospace and pursue active investments in the fields of battery energy storage systems, LNG infrastructure and other sustainable energy transition fuels as well as clean energy maritime solutions and aerospace. FutureProof will leverage these two affiliates’ expertise in renewable energy and relevant technologies for a greater energy transition and sustainability in the United States of America and globally.
FutureProof also provides various shared services to Hanwha Holdings USA and its subsidiaries. Hanwha Holdings USA is the primary US shareholder company of a number of Hanwha subsidiary entities, working in sectors such as energy, manufacturing, trade, and investments in the United States. Strategic investments and M&A have been integral to Hanwha Group’s growth since its establishment in 1952, where Hanwha Holdings USA has played a key role based on its operations and investments in North America for the last decades.
FutureProof and Hanwha Holdings USA are both headquartered in New York City staffed with exceptional professionals including certified public accountants, lawyers, and investment & industry experts.
www.hanwha.com
www.hanwhafutureproof.com
Job Description:
We seek to add an Associate to our Structured Finance Team at FutureProof. The ideal candidate will have up to 5 years of experience in the renewable related infrastructure funds or private investment arenas.
Key Responsibilities:
- Working with FutureProof, Hanwha group’s US affiliates, and outside advisors to successfully accomplish the corporate goal and objectives of FutureProof (renewable asset investments and capitalization)
- Support project investment process and transaction pricing decisions
- Maintain standard set of investment guidelines, including developing and maintaining data-driven support for all key modelling assumptions
- Facilitate cross-departmental collaboration to ensure disciplined and accurate project investment, and to develop and maintain data-driven support for all key modelling assumptions
- Review project financial models to ensure consistency, quality control and best practices
- Evaluate competitive positioning, and identify and drive strategies to improve competitiveness, reduce risk, and enhance economic results
- Collect and analyze market intelligence around renewable energy related market trends, competition, capex trends, merchant forecasts, and pricing trends
- Collaborate with C-levels to analyze and evaluate existing portfolio and ongoing investment strategy including portfolio valuation and identifying gaps or needs within the pipeline
- Prepare periodic investor updates and support developing relationships with the Co-investment team's LP base and support fundraising activities
- Report to C-levels and related internal and external teams to lead and manage execution of fundraising, Investments, M&A, and debt financing transactions
- Assist the development of investment committee memos and supporting analysis; discuss capital treatment and relative value with insurance clients
- Provide active input for active portfolio management of transactions in portfolio. This includes providing oversight and input on transactions and working with portfolio managers to actively manage and continuously assess risk and exposure across the portfolios
Requirements:
- Up to 5 years of experience working in accounting firm experience in Audit, Tax, or FAS
- Up to 5 years of experience related to alternative investment including real estate assets, conventional power assets, renewable assets, or other social infrastructure assets
- Less than 5 years of project finance, tax equity finance, or investment banking
- Graduate or Undergraduate Degree or MBA preferred
- AICPA or CFA preferred
- Require highly proficient in Excel including VBA
- Experience in transactions in audit, tax, M&A, investment, debt & tax financing, or others.
- Ability to manage and track large amounts of data
- Experience in deal structuring in terms of tax, accounting or financing perspective
- Excellent oral and written communication skills
- Strong qualitative and quantitative analytical skills
Work Authorization:
The ideal candidate for this role will have authorization to work in the US prior to joining Hanwha. This role will not sponsor or help with the sponsorship for work authorization in the United States.
Diversity and Inclusion:
Hanwha believes that diversity and inclusion are vital to our success. We believe that by embracing different ideas and approaches, we enhance our ability to deliver the best results for our employees, our environment, and our business partners and customers. We foster a culture where all colleagues can share their passions and ideas in order that we may collectively embrace and overcome the challenges in our industry, and work toward a brighter future.
Hanwha is an Equal Opportunity / Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other federally protected class.
Diversity and Inclusion:
Hanwha believes that diversity and inclusion are vital to our success. We believe that by embracing different ideas and approaches, we enhance our ability to deliver the best results for our employees, our environment, and ultimately our business partners and customers. We foster a culture where all colleagues are able to share their passions and ideas in order that we may collectively embrace and overcome the challenges in our industry, and work toward a brighter future.
Hanwha is an Equal Opportunity / Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other federally protected class.
