What are the responsibilities and job description for the Senior Solar Credit Analyst position at Locus?
Job Description
Job Description
Description : Position Overview :
The Senior Solar Credit Analyst will serve as the primary underwriter for Locus’s solar and clean energy lending activities. The position will support the Credit Underwriting Manager with more complex underwriting assignments primarily related to solar financing, as well as some affordable housing and small business lending. The Solar Analyst will have a strong credit background, preferably in clean energy and solar, as well as experience with commercial real estate or small business. The position is responsible for analyzing and assessing risk on various types of transactions, which are largely loans and lines of credit, as well as other innovative capital such as guarantees.
Essential Duties and Responsibilities :
- Routinely completes credit analyses on loan transactions of varying sizes and complexities and provides recommendations on the extension of credit.
- Underwrites loan transactions for Locus Bank, Locus Impact Fund, Locus Capital, and guarantees for the Community Investment Guarantee Pool (CIGP), or other guarantee funds managed by Locus.
- Spreads, analyzes, and interprets financial statements and other documents.
- Gathers data and performs due diligence on borrowers, guarantors, and sponsors, and completes financial, economic, market, and industry assessments.
- Identifies and describes the strengths and risks and mitigants, as well as other pertinent credit issues of respective deals.
- Completes written analyses including an independent credit assessment with a well-defined risk profile.
- Prepares credit memorandums for Committee approval and will assist in the presentation of the request.
- Assists in the development of policies and procedures around Locus’s lending programs.
Requirements :
Experience / Education / Certifications
Computer / Technology :
Communication :
Compensation and Benefits
For fully remote status, Locus prefers applicants from East Coast states where business relationships have already been established; they include Virginia, New York, Florida, New Jersey, West Virginia, Georgia, North Carolina, Massachusetts, and Pennsylvania. Considerations may be given to candidates from other established states such as Nebraska, Colorado, Montana, Kansas, Tennessee, and Missouri.
Equal Opportunity Employer Locus provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression or any other characteristic protected by federal, state or local laws.
Salary : $92,000 - $95,000
