Job Information
Greenworks Lending CRE Senior Associate, Transaction Management in Darien, Connecticut
About Greenworks:
Greenworks Lending is a specialty finance firm that provides loans for energy-saving upgrades in commercial buildings using an innovative model called C-PACE (Commercial Property Assessed Clean Energy). C-PACE unlocks the commercial market by providing no-money-down, low-cost, long-term capital. Our mission is to improve the energy efficiency of our country by creating a new normal for financing energy upgrades in buildings.
Greenworks is investor-funded with offices in Darien, CT (HQ), New York City, NY, Bethesda, MD and San Francisco, CA. This role will report into the Darien, CT/NYC office.
Role description:
The Senior Associate plays a critical role in all aspects of project development, including the support of loan origination, transaction management, and underwriting. The Senior Associate supports Greenworks Lending as it advances complex commercial projects through to completion.
The Senior Associate will benefit from rapid on-the-job learning, unparalleled strategic input, access to company executives and tremendous growth potential.
Key responsibilities include:
Transaction Management
Managing a diverse pipeline of C-PACE projects of various complexity.
Communicating internally with business development, credit, legal, and asset management teams and externally with clients and partners to keep the deal team on track for key milestones and closing.
Working with mortgage holders (where applicable) to gain consent for C-PACE financing
Supporting relationships with commercial clean energy contractors, building owners, and other industry stakeholders.
Preparing for client meetings, including development of background material and presentations.
Increasing market awareness of Greenworks Lending
Going above and beyond to ensure a positive customer experience, creatively solving challenging problems, and enthusiastically supporting Greenworks?s mission to be the Lender of Choice for our clients and partners.
Underwriting
Preparing term sheets for early-stage deals and assisting with presentation materials when needed.
Leveraging third-party market research, such as CoStar, to support underwriting assumptions.
Identifying transaction risks and tracking exceptions to Greenworks? underwriting criteria.
Interfacing with Greenworks? credit team to troubleshoot deals and obtain credit approval.
Completing loan files accurately and thoroughly
Qualifications:
The Senior Associate role is suited for an early career (1.5-3 years experience) professional with experience/fluency in Commercial Real Estate (CRE) finance. Top candidates will have the following characteristics:
Effective problem identification and solution skills
Ability to think strategically and creatively in a continuous learning environment
Ability to self-manage a large volume of tasks and ability respond to changes in priority
Ability to engage positively with both external and internal stakeholders
Excellent interpersonal skills (phone and in-person) and written and verbal communication skills
High level of adaptability to a quickly changing environment
Strong organizational and analytical skills and attention to detail
Demonstrated program/project management skills in team settings
Demonstrated interest in sustainability and/or clean energy deployment
While CRE underwriting experience is not required, an Academic or professional background in commercial real estate economics or finance is desired.
Benefits and Perks
Competitive salary and bonus potential based on exceeding revenue goals
Social activities and a work life balance philosophy
Paid time off, health insurance (medical, dental and vision), FSA, 401K, commuter benefits
This is an excellent opportunity for motivated individuals that want to grow with a rapidly expanding organization and further their career path.
Greenworks Lending is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.