Sr. Portfolio Manager (Associate Director)
The Renewable Energy Finance (REF) team at Huntington Bank, N.A. originates project finance and non-recourse transactions for renewable energy facilities. The line of business is focused primarily on tax equity transactions in the renewables sector including wind, solar, storage, and other forms of renewable investment. The REF team is seeking a talented and ambitious Sr. Portfolio Manager (Associate Director). The role supports the Renewable Energy, Underwriting, and Portfolio Management team. The Underwriting and Portfolio Management organization is responsible for working with internal partners to underwrite new transactions and manage the existing portfolio of loans. Our underwriters and portfolio managers balance supporting the commercial bank's growth and ensuring we have a scalable, well-managed business. The position requires working closely with clients, relationship managers, and the credit department to underwrite and build a high-quality project finance portfolio. The Sr. Portfolio Manager manages all aspects of due diligence in credit underwriting, financial modeling, approval, execution, as well as documentation. The Senior PM also conducts post-closing operational and contractual activities and is responsible for safeguarding the operational and financial performance of the renewable energy projects financed by HNB. Detailed knowledge of renewable energy projects design, functioning, and operations & maintenance (O&M), power purchase agreement, and a strong understanding of renewable energy project finance is required.
Duties and Responsibilities :
- Serves as the point person when underwriting credit transactions for the assigned portfolio and new clients.
- Recommends capital structure and accumulates all data necessary to perform focused analysis. Also, manages approvals for amendments and waivers to credit facilities, as well as monitors the financial performance of portfolio companies.
- Reviews financial statements, projection models, project cash flow models, and all other relevant financial and non-financial data to develop a concise focused analytical foundation for a credit decision.
- Prepares thorough credit underwriting identifying industry concerns, market share trends, financial trends, and other pertinent underwriting issues to present to the approving Credit Officer.
- Ensures underwriting and structuring decisions reflect commitment to strong asset quality.
- Recommends prudent use of capital and maintains profitability hurdles for portfolio keeping the risk / return balance in mind.
- Obtains and negotiates all necessary documentation including, all credit agreements, notes, pledges, and collateral and assures that the documentation correctly reflects rates, terms, and special conditions.
- Acts as a value-added member of deal teams with loan syndication, origination, and distribution for syndicated credits within the portfolio or for new prospects.
- Proactively assists Relationship Manager in development of marketing presentations and pitch books highlighting product solutions for client needs.
- Identifies potential problem accounts and works to improve the bank's position in undesirable situations.
- Mentors junior professionals.
Basic Qualifications :
Bachelor's degree in finance, accounting, economics, or related field.5+ years of experience in one or a combination of the following : underwriting, credit, or portfolio management in project finance for power and renewables sector and competence in financial modeling.Strong knowledge of the different power and energy markets in the US including the regulatory environment.In-depth knowledge of the renewable energy project finance industry.Preferred Qualifications :
Experience in back-leverage transaction, community solar, distributed generation, and other project finance assets (gas-fired, LNG, transmission).Strong knowledge and understanding of corporate banking credits, cash flow analysis, and underwriting guidelines.Ability to thoroughly analyze credits on an independent basis and communicate findings in a concise manner.Strong analytical skills with high attention to detail and accuracy.Excellent verbal, written, and interpersonal communication skills.Exempt Status : Yes (not eligible for overtime pay)
Applications Accepted Through : 12 / 10 / 2025
Workplace Type : Office
Compensation Range : $70,000 - $161,000 Annual Salary
Huntington is an Equal Opportunity Employer. Tobacco-Free Hiring Practice : Visit Huntington's Career Web Site for more details. Note to Agency Recruiters : Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written, and fully executed Master Service Agreement and Statement of Work for consideration.