Share this Job

Project - Solar Analyst

Date: Dec 8, 2018

Location: new york, NJ, US

Company: PSEG

Requisition ID:  52542 

Job Function/Category:  Finance / Accounting 

Employment Type:  Exempt Full Time 

This is an exciting time to be joining PSEG. Our commitments, which include safety, integrity, customer focus, and diversity & inclusion, are the fabric of our culture and help drive the success of our business. We are fortunate to have an outstanding workforce of diverse and highly skilled talent who move us forward in our operational excellence journey.  PSEG has more than 12,000 employees who are dedicated to the communities we serve and embody our vision: People providing Safe, Reliable, Economic and Greener Energy.

 

This is a "Project" function designed to support project work for a duration of an indeterminate period of time, currently anticipated to be at least one (1) year based on current business needs. However, this period may be shortened based on business needs in the future. This position has a defined employment start and termination date which carries certain Benefit Limitations (i.e., no separation benefits). Director Level approval and waiver will be required for you to bid on other PSEG opportunities. If your assignment ends prior to the anticipated timeframe based on business needs, you will be allowed to bid on other PSEG opportunities without Director level approval from the time you are notified your assignment will be ending through the end date of the assignment.

 

This project position is part of a multi-level growth series (Grades 26/27). Determination of the grade level to be assigned will be based on experience and competencies of the successful candidate. This is a Solar Analyst position with a stable Fortune 500 utility company located in New Jersey.

 

The successful candidate will support the PSE&G Solar Loan Credit team.  The Solar Analyst will provide analytical and credit underwriting expertise to support the loan origination efforts of the Solar Loan Program and will be actively involved in making credit recommendations to management and in advising on structuring of new transactions for purposes of mitigating risk.  Responsibilities include: evaluate credit proposals and applications, establish and maintain contact with clients, conduct due diligence, review and analyze financial statements, credit ratings, financial models, and identify structural risks and mitigants in prospective transactions and recommend enhancements and structuring of deals in line with policies and procedures

 

At the grade 27 level, all of the above pertains, as well as: develop and implement program procedures/processes, train team associates and contractor support personnel, work with other PSE&G departments, and provide recommendations to senior management regarding solar loan portfolio as needed. The candidate must be able to lead/supervise other team members as needed.

Required Skills, Competencies, Education or Experience:

 

At the Grade 26 Level:

 

  • Bachelor Degree in engineering, business or finance.
  • Minimum 3 years’ experience in corporate lending and /or credit underwriting analytical role.
  • Demonstrated ability to perform renewable energy project and commercial credit underwritings and recommend actions based on findings.
  • Self-initiator and self-directed relative to responsibilities and undertaking projects with good planning and organizing skills.
  • Advanced Excel and PowerPoint skills.
  • Proven ability to communicate effectively with key internal and external constituencies. Must foster an inclusive work environment and respect all aspects of diversity.
  •  Must demonstrate and value differences in others' strengths, perspectives, approaches, and personal choices.

 

At the Grade 27 Level:

 

  • Bachelor Degree in engineering, business or finance, or MBA/other relevant advanced degree.
  • Minimum 5 years’ experience in corporate lending and /or credit underwriting analytical role.
  • In-depth knowledge of PSE&G Solar Loan Program and the solar regulatory environment in NJ.
  • Proven credit presentation skills.
  • Understand, comprehend, and administer complex contractual agreements.
  • Experience in the wind or solar industry with loan transaction or structuring experience (at a project developer, financial institution or major law firm).

 

Desired Qualifications:

 

  • Graduate degree in engineering, business (finance /accounting) or solar related field.
  • Understanding and familiarity with project finance documentation, related commercial loan agreements.
  • Understanding of New Jersey’s solar energy market and familiarity with local utility solar financing programs.
  • General knowledge of insurance aspects of renewable energy projects.

 

As an employee of PSE&G or PSEG Long Island, you should be aware that during storm restoration efforts, you may be required to perform functions outside of your routine duties and on a schedule that may be different from normal operations.

This site (http://www.pseg.com) is strictly for candidates who are not currently PSEG employees. PSEG employees must apply for jobs internally through empower which can be accessed through the mypseg homepage by clicking on the employee center tab, then under the empower header, choose careers.

Business needs may cause PSEG to cancel or delay filling position at any time during the selection process

Public Service Enterprise Group (PSEG) is an equal opportunity employer, dedicated to a policy of non-discrimination in employment, including the hiring process, based on any legal protected characteristic. Legally protected characteristics included, race, color, religion, national origin, sex, age, marital status, sexual orientation, disability, or veteran status or any other characteristic protected by federal, state, or local law in locations where PSEG employs individuals.

Need to request an accommodation?

If you have a disability and need assistance submitting your resume, applying for a position or registering for a test, please call 973-430-3845. Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved in making a hiring decision.


Nearest Major Market: New York City
Nearest Secondary Market: Newark

Job Segment: Engineer, Law, Engineering, Legal

Find similar jobs: