Remote Post Closing Jobs in Elgin, IL (NOW HIRING)

This position is available to be filled at any Huntington Bank Corporate office location.

Job Summary

Huntington National Bank ("HNB") is seeking a Vice President level banker specialized in renewable energy tax credit sale-leaseback transactions. In-depth knowledge of the renewable energy finance market and extensive transaction experience in renewable energy project finance, strong structuring, pricing, negotiation, and documentation skills required. Ideal candidates should have experience in renewable energy project finance and strong skills in structuring and negotiation.

Objectives of the role

The renewables energy tax credit team is part of Renewable Energy Finance team within the broader Project Finance and Infrastructure group. Renewable Energy Finance leads the sourcing, structuring, negotiating, documenting, and closing of sale-leaseback. The Banker will support senior relationship manager originating, structuring, and closing sale-leaseback transactionsfor renewable energy assets.

Key responsibilities

• Support the sourcing and developing of new transaction opportunities
• Support the sourcing and developing of new sponsor/developer relationships
• Assist HNB senior relationship managers on renewable energy financing opportunities with existing and prospective bank clients
• Lead pre-commitment transaction diligence
• Create competitive and profitable proposals using debt and tax equity financing structures
• Represent and be accountable for transactions in HNB
• Support financial, commercial, and technical due diligence, including navigating complex documentation like participation agreements, leases, and tax indemnification agreements
• Support building and reviewing complex financial models for sale-leasebacks (Section 467) to optimize tax equity economics, including depreciation and cash/income waterfalls.
• Lead negotiation of transaction documents
• Interact with external counsel, independent engineer, appraiser, and other consultants on pre-closing transaction diligence
• Lead transaction closing process in coordination with HNB Operations
• Interact with sponsors on post-closing items and requests
• Interact with lead banks and participant banks on post-closing items and requests

Basic Qualifications:

Bachelor's degree or equivalent education and/or work experience

5+ years in project finance, tax equity, equipment finance, or renewable energy banking

Deep understanding of renewable energy tax equity regulation, IRC Section 48 Investment Tax Credits, and IRS rules regarding equipment lease transactions

Preferred Qualifications:

Demonstrated structuring, negotiation, and documentation skills in tax equity transactions

Strong organizational, analytical, and due diligence skills

Advanced Microsoft Excel skills; strong working experience with ABC pricing software

Strong leadership and interpersonal skills

Excellent verbal and written communication skills

Ability to travel

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Exempt Status: (Yes= not eligible for overtime pay) (No= eligible for overtime pay)

Applications Accepted Through:

Huntington expects to accept applications through at least the date above, and may continue to accept applications until the position is filled.

Workplace Type:

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We're combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Compensation Range:

The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).

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.