Director Structured Finance

Legal Entity: BayWa r.e. Solar Projects (USSP)

Title: Director, Structured Finance

Location: Irvine, CA, or remote in the US.

Job Type: Full-time, Salary

Reports to: VP, Structured Finance

About Us:

At BayWa r.e., we’re striving to make energy better every day. We do this by not only implementing the best renewable technologies and projects but by also being a great long-term energy partner with a focus on continuous innovation.

We are a leading global renewable energy developer, service supplier, wholesaler, and energy solutions provider. As a global leader, BayWa r.e. is committed to being a solid partner for the long-run and actively shaping the future of energy.

BayWa r.e. is a part of the $28.8 billion BayWa Group, we are a global partner in the planning, funding, construction, and operations management of utility scale renewable energy projects. We deliver renewable energy solutions worldwide, and have brought over 4 GW of energy online, while managing over 10 GW of assets. Every day we are working hard to find new solutions, push technological boundaries, and actively shape the future of energy.

BayWa r.e. Solar Projects, LLC based in Irvine, CA is responsible for the group’s North American activities in the solar and storage sectors and has over 10 GW of project pipeline in the U.S. and Mexico.

Purpose:

We are seeking a Structured Finance Director to join our team.

This individual will work directly with our project finance team driving finance transaction activities and leading a team of analysts.

This position is located in Irvine, CA, with the option for remote work.

Responsibilities we will trust you with:

Success in this role involves:

• Leading project finance transactional activities on assigned projects, including understanding and negotiating tax equity agreements, end-to-end management of financing transactions, the financial and credit aspects of PPAs, term sheets, and other financial documents.
• Having a key role on the Structured Finance team in raising debt, equity, and tax equity for renewable projects.
• Managing models for tax equity, debt financing, and merchant curve analysis.
• Collaborating with team members on financial models including reviewing capital expenditures, operating costs, energy price curves for wind and solar production, and battery dispatch models.
• Providing guidance on financial models, analyzing financial impacts, and helping manage relationships with third-party financiers.
• Coordinating between Structured Finance and other project teams (Development, Origination Commercial, EPC, Legal, & FP&A) to ensure good communication and transparency across the Company.
• Conducting and supervising financial modeling and pricing analysis to support investment decisions, bilateral proposals, competitive bids, and M&A opportunities.
• Overseeing marketing material preparation, engaging with investors, and managing diligence processes.
• Working with internal and external legal staff in drafting and negotiating term sheets for M&A and financing.
• Presenting to investment committee and advising internal stakeholders in understanding appropriate risk allocation, bankability of terms and conditions of various project contracts, and providing general structuring advice and optimization of returns.
• Leading process initiatives to improve transaction execution.

Your areas of knowledge and expertise:

• 4-6 years of Project Finance experience; with an emphasis on tax equity.
• Background in project finance, investment banking, leveraged finance, or private equity required.
• Track record of experience working on M&A and financing transactions.
• Excellent financial modeling skills.
• Exceptional analytical capabilities and extreme attention to detail.
• Proven track record in analyzing cash flow models and developing own sensitivities.
• Proficiency in Excel.
• Bachelor’s degree in economics, finance, or related field; MBA or CFA desirable.

What we are ready to offer you:

• Compensation dependent on your experience and skills, with bonus potential based on individual and company performance.
• Flexible work hours.
• Health and welfare benefits, including medical, dental, vision, life, pet insurance, short-term and long-term disability insurance plans.
• 401(k) retirement plan with 5% employer matching.
• Paid parental leave.
• Free language lessons.
• Virtual yoga, breathwork and stretching sessions with colleagues via intranet.
• Health and wellness benefit; up to $500 annually.
• Educational reimbursement.
• Total compensation is dependent upon a number of factors, including experience, seniority level, hiring budget, market, and location.
• Flexible work hours and paid time off.
• Relocation assistance, as applicable.
• For Irvine, CA LE’s only: Gym access and snacks for Irvine, CA employees.
• A diverse and inclusive global team with a strong culture focusing on employee health and wellbeing.
• The possibility to make a positive contribution to our planet and use your world class marketing knowledge to set new standards in Renewable Energy.

Are our values your values?

Are you ambitious enough to make a big impact in our business and beyond? Do you create meaningful solutions?

Do you believe that we succeed as a team? We collaborate honestly, friendly, and respectfully. We have fun and celebrate our successes. How about you?

Are you reliable? We create trust by taking on responsibility.

Do you inspire others with an open mind, courage, and innovation? We challenge the status quo.

Our values define our unique way of working together and give us direction in our daily actions.

At BayWa r.e. we are committed to providing an environment of mutual respect where mutual respect where equal employment opportunities are available to all applicants and teammates. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, pregnancy, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.