What are the responsibilities and job description for the Director, Project Finance (Energy IPP) position at Sourcechange?
Director, Project Finance
Location: New York, NY (Hybrid)
Employment Type: Full-time, Permanent
The Company
Our partner, a market-leading IPP (developer, owner, and operator) of renewable energy projects is seeking a Director of Project Finance. The company has grown significantly over the past years, with a strong capital position and a portfolio that includes 1GW of projects entering construction in the next 3-4 years. The project finance team plays a key role in executing financing strategies to support continued expansion.
The Role
The Director of Project Finance will be responsible for structuring, negotiating, and executing project and corporate financing transactions. This includes construction financing, tax equity deals, and pre-NTP structured financings. The role requires a balance of strategic decision-making and hands-on execution, with a strong focus on financial modeling, investor engagement, and transaction management.
Key Responsibilities
- Lead the structuring and execution of project finance transactions, including construction financing, tax equity, and structured debt.
- Manage investor and lender relationships, acting as a primary point of contact for financial institutions.
- Develop and refine financial models to support financing proposals and transaction execution.
- Oversee transaction processes from origination to close, ensuring smooth execution of deal structures.
- Work closely with internal teams, including legal, development, and asset management, to align financing with broader company objectives.
- Support strategic decision-making on investor selection, transaction structures, and funding strategies.
- Mentor and guide junior team members, ensuring strong execution across all financing activities.
Qualifications
- 5-8 years of experience in project finance, structured finance, or investment banking, preferably within infrastructure or renewable energy.
- Strong financial modeling and analytical skills, with the ability to assess and refine complex project finance models.
- Experience negotiating financing agreements and managing investor relations.
- Ability to oversee and execute financing transactions with minimal oversight.
- Strong process management skills, ensuring transactions move efficiently from negotiation to funding.
- Experience within renewable energy, particularly community solar, is beneficial but not required.
What This Role Offers
- Opportunity to take on significant responsibility in a lean, high-impact team.
- Exposure to a broad range of financing structures, working closely with senior leadership.
- A hybrid work environment with flexibility and a collaborative culture.
- Career progression opportunities, with performance and seniority reviews at the end of Q1.
Compensation & Benefits
- Competitive base salary commensurate with experience.
- Performance-based bonus, 40% of base salary.
- Hybrid work structure.
- Comprehensive benefits package, including health, dental, vision, and 401(k).
Hiring Process
- Introductory discussion with the Sourcechange team.
- Interview with Finance leadership.
- Interview with Company leadership.
- Case study involving financial modeling and transaction process walkthrough.
- Final discussions with key stakeholders.
This position offers an opportunity to join a well-funded and growing company at a pivotal stage.
Applications are welcome from candidates with relevant experience who are looking for a dynamic role with a strong degree of ownership.
Connect with Sourcechange here:
https://www.linkedin.com/in/alexander-onn/
