Investment Banking Associate - Energy Project Finance

Permanent contract|Houston|Corporate & Investment banking

Investment Banking Associate - Energy Project Finance

  • Houston, United States
  • Permanent contract
  • Corporate & Investment banking

Responsibilities

In the Energy Advisory and Project Finance (APF) team, we help energy projects get the funding they need to get off the ground. As countries and clients around the world navigate the energy transition, we provide advice and source funding to help them expand.

For over 20 years, we have been at the forefront of project finance, advising and lending to multi-billion dollar projects, and working on many of the deals highly publicized in the press and, importantly, consistently recognized by our clients. We expect this to continue, with a number of large deals expected to close in the coming years.

The New York based team covers clients and projects across the continents of North and South America. We also have teams globally in Europe, Asia, and Australia. In providing our advice and funding, we collaborate with specialists across the range of energy subsectors in which project finance is utilized including thermal and renewable power generation, LNG, oil and gas pipelines, petrochemicals, refining, and fertilizers.

In addition to our core project finance advisory and lending business, we can support clients with a full spectrum of capital solutions through the wider Global Banking and Investor Services division drawing on colleagues’ experience in M&A, Equity Capital Markets, Private Placements, Debt Capital Markets, and Project Bonds.

We were recently awarded ‘Global Mandated Lead Arranger of the Year, IJGlobal 2020’

Responsibilities
The role of the position, in the Advisory and Project Finance Team, is to support in the execution and the origination of both advisory and arranging activities in the Energy and Project Finance sector (including oil & gas, petrochemicals and power, including renewables).  Day to day responsibilities will include, but will not be limited to:
1.    Act as the deal team leader(s) in the execution and origination of both advisory and financing mandates
2.    Provide essential support to deal team leader(s) in the execution and origination of both advisory and financing mandates
3.    Preparation of client pitches and coordination of pitch presentations
4.    Execution of advisory mandates:
•    Preparation of comprehensive financing strategy
•    Analysis of financing alternatives/solutions
•    Optimization of financing structures
•    Preparation of reports and position papers, including presentations to clients
•    Review of financial models
•    Preparation of financial plan for bid submissions
•    Review and comment on relevant commercial agreements
•    Review and comment on relevant financing agreements
•    Negotiations with clients, potential financiers and public sector investors
•    Management and coordination of project closings
•    Managing and developing junior staff
 
5.    Execution of arranging mandates:
•    Preparation of term sheets
•    Review of project documentation
•    Negotiation of loan documentation with clients
•    Identification of opportunities to improve the bank’s profitability from the transaction
•    Risk analysis
•    Preparation and presentation of credit applications
•    Liaising and coordinating with other departments involved in the transaction
•    Supervision of the closing process
•    Ongoing support of the transaction post financial close

7.    Maintain a thorough knowledge of the Energy sector, as well as current market conditions and financing trends.
8.    The identification of opportunities in the markets
9.    Maintaining and building relationships with target clients.

Profile required

Profile Required
Technical Skills:
•    Experience in renewable related financings with a focus on Tax Equity structures
•    Strong financial modelling skills 
•    Strong numeracy skills, intimate understanding of accounting concepts, financial statements, cashflows and corporate finance valuation.
•    Strong credit analysis skills (formal Credit training is a plus)
•    Computer literacy (MS Office)
•    Good knowledge of Bloomberg
 
Competencies:
•    Strong presentation skills, both orally and in writing
•    Capacity to understand complex financial structures and familiarity with credit and related legal documentation
•    Ability to excel in a fast paced, pressure orientated environment and deliver under tight deadlines
•    Solid understanding of financial markets
•    Ability to work in a team structure
 
Qualifications:
•    6+ years of prior experience in project financing with direct involvement in bid situations financial closes
•    3+ years in developing complex financial models for project finance transactions
 
Educational Requirements:
Required:
•    Bachelor’s Degree (mathematic, physics, engineering or economy/finance/business) from a top tier university

Desired:
•    Master’s degree

Language:
•    Fluent English
•    Second language a plus (Spanish speaking)

Business insight

OUR CULTURE: 
At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate.
For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)

D&I: 
Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.

Our Diversity & Inclusion Vision: 
•     Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
•     Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents 
•     Engage our community and marketplace, and position the organization to meet the needs of all its clients

For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)

HYBRID WORK ENVIRONMENT:
For most positions, Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols.  Hybrid work arrangements vary based on business area.  The applicable Business lines will determine and communicate the work arrangements that best meet their business needs.

COMPENSATION & SALARY RANGE:

Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience.

Societe Generale is an equal opportunity employer, and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law.

Reference: 24000FX3
Entity: SG Americas Securities
Starting date: 2024/08/26
Publication date: 2024/06/10
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