Description
RER Solutions, Inc., is accepting resumes for a Special Assets Officer position in the Washington, DC, area. The Special Assets Officer will support the Department of Energy's (DOE) Office of Energy Dominance Financing (EDF).
Responsibilities
- Identifying and analyzing project risks, conducting due diligence, identifying and analyzing alternative options to maximize recovery on troubled loans, and designing, implementing, and monitoring recovery plans
- Leads coordination with other teams (e.g., legal, technical) as well as project advisors who will be providing input and support with respect to the troubled loan to determine underlying causal factors and identify options for remediation
- Leads analysis, develops presentations, and delivers recommendations to Client management and external stakeholders
- Leads and manages the implementation of remediation plans, which may include loan restructuring, loan sale, foreclosure, or bankruptcy proceedings
- Provides consultative support in performing loans to mitigate credit deterioration proactively. Identify issues of contemporary and future impacts on the work, conduct an analysis of their implications and alternatives, and monitor the portfolio, individual projects, and guarantors for warning signs of credit deterioration
- Execute a portfolio risk management process that assists in identifying, managing, monitoring, and reducing risks in the portfolio while being conscious of the need to respond promptly to post-issue requests from borrowers, sponsors, and lenders
- Act as a credit and financial analyst on troubled assets/projects
- Prepare or collaborate with other senior staff in the preparation of comprehensive position papers, memorandums, and briefing materials across all phases of operations for use with senior management
Requirements
- US Citizenship is required to obtain client-issued Public Trust
- A minimum of 10 years of related professional experience
- Knowledge and expertise in Special Assets
- Proficiency in making presentations, explaining, and creating financial models for a variety of audiences
- Expertise in applying analytical methods and evaluation techniques to a broad range of functional areas, such as project and corporate risk assessment, accounting, and corporate finance, to evaluate the viability of a loan transaction
- Ability to ensure effective compliance monitoring and reporting according to the terms contained in Credit Agreements and for overall portfolio risk management
- Knowledge of the financial, market, credit, and technical risks inherent in the distinct energy technologies, as well as appropriate mitigation approaches available or desirable
- Knowledge in diverse corporate finance structures, such as asset-based, limited, or full recourse project finance transactions, to make sound financial decisions and recommendations
- Knowledge of the policies, processes, and practices available for the effective control of individual loan transactions and sector risks, as well as overall portfolio risk
- Skill in the research of finance structures such as corporate, asset-based, or limited resource project finance transactions to make sound financial decisions and recommendations
- Ability to address the technical, legal-economic, and economic feasibility aspects of high-value loans for large-scale projects
- Ability to perform complex financial analysis and make sound financial decisions
- Knowledge of borrowers' and lenders' requirements for terms of loan and loan guarantees
- Excellent written and oral communication skills
Education: Bachelor's Degree
Compensation: Includes paid holidays, vacation, sick leave, 401k matching, life insurance, health, vision, and dental benefits.
This position is not available for Corp-to-Corp or 3rd party sourcing.
We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
