Clean Energy Finance (CEF) - Analyst (C11)- NEW YORK
Citigroup, Inc. - New York City, NY
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Citi's Clean Energy Finance (CEF) team is seeking a candidate to join the origination desk to support its tax equity and tax credit transfer mandates.About CEFCEF has extensive expertise in originating, structuring, and executing financings across various renewable energy & sustainable technologies, including Wind, Solar (Utility Scale PV, Distributed PV, Residential Rooftop PV, CSP and Thermal), Energy Efficiency, and Other Emerging Technologies.Job DescriptionThe primary responsibility of this role is to support and facilitate the execution of tax equity investments and tax credit transfer transactions, ensuring compliance with regulatory requirements and maximizing client benefit. The role will entail working on new tax equity and tax credit transfer deals for the firm, conducting due diligence, coordinating with internal and external counterparties, and driving execution of transactions.The ideal candidate has relevant knowledge and experience working with renewable energy developers and understands federal tax incentives for renewables development such as PTCs and ITCs. They should possess strong analytical and valuation skills, a thorough understanding of tax equity and tax credit rules and regulations, and excellent communication skills. This position requires great attention to detail and ability to work independently and cohesively within a team and offers client interaction and on the job learning opportunities.Responsibilities:Conduct detailed financial modeling to evaluate the cash flow profiles of tax equity investments, including tax benefits, projected returns, and risk assessments.Create and manage databases to collect, organize, and maintain data related to tax equity and tax credit transfer transactions to prepare reports and presentations for internal management to optimize strategy.Prepare pitch decks, marketing materials, and financial memoranda for internal and external stakeholders, to win client mandates and attract investors to the relevant opportunities.Collaborate with team members to structure and negotiate tax equity and tax credit transactions, ensuring alignment with client objectives and regulatory requirements.Work with the portfolio management team to monitor project performance, tax credit generation, and portfolio returns. Explore opportunities to repower and optimize existing portfolio of tax equity projects.Monitor industry trends, regulatory changes, and market conditions affecting tax equity and tax credits.Partner closely with CEF transaction execution teams, financial controllers, tax department, Citi Risk Management teams, and legal to ensure compliance with internal policy requirements, during execution and post-funding.Qualifications:2-5 years of relevant experienceBachelor's degree in Finance or closely related areas of Business Administration preferredConsistently demonstrates clear and concise written and verbal communication skillsAbility to work under pressure in a rapidly changing environment in order to meet deadlinesAbility to work with teams and track business development (collect research, analyze industry trends)Experience in evaluating financing transactions and structures is a plusExperience creating financial analyses is preferredDemonstrates problem solving and organizational skillsSeries 79, 7 and 63 licensesEducation:Bachelor's degreeUniversity degree or equivalent experienceThis job description provides a high-level reviewJob Family Group: Institutional BankingJob Family:Investment BankingTime Type:Full timePrimary Location:New York New York United StatesPrimary Location Full Time Salary Range:$110,000.00 - $125,000.00In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit . Available offerings may vary by jurisdiction, job level, and date of hire.Anticipated Posting Close Date:Feb 12, 2025Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools andor apply for a career opportunity review Accessibility at Citi.View the "EEO is the Law" poster. View the EEO is the Law Supplement.View the EEO Policy Statement.View the Pay Transparency Posting
Created: 2025-02-17