The CEFC is an experienced specialist investor with a deep sense of purpose: we’re Australia’s ‘green bank’, investing in our transition to net zero emissions by 2050. With access to more than $30 billion from the Australian Government, we’re backing economy-wide decarbonisation, from renewable energy and natural capital to energy efficiency, alternative fuels and low carbon materials. In parallel, we’re focused on transforming our energy grid, backing sustainable housing and supporting the growth of our climate tech innovators. We collaborate with co-investors, industry and government, recognising the urgency of the decarbonisation task. We also invest with commercial rigour, aiming to deliver a positive return across our portfolio.
About the role
This position is an exciting opportunity to join a financier at the forefront of clean energy investing across Australia.
The purpose of this role is to work within the CEFC’s Investment team to develop and structure investments across a range of products and client relationships. Specifically, the Senior Associate will support the Debt Markets team with a focus on the Household Energy Upgrades Fund (consumer lending).
Key responsibilities will include:
· Supporting the transaction origination process
· Taking carriage of the CEFC transaction execution process, including managing the CEFC investment committee operational processes
· Undertaking research with respect to the consumer finance sector, technologies, loan offerings, taxonomies and transaction issuances.
Supporting business development activities of the Debt Markets Team with a focus on Consumer Finance and the Household Energy Upgrades Fund.
Investment Committee and Transaction Execution
Evaluation of potential investment opportunities through to transaction execution with a focus on Consumer Finance and the Household Energy Upgrades Fund. This will involve:
· Managing the CEFC internal investment committee operational processes, including:
o drafting investment papers,
o completing the shadow credit rating analysis, transaction returns, concessionality calculations, ESG disclosure, and transaction on a page; and
· Credit and risk analysis of investment opportunities, assistance with structuring and negotiation of terms and engagement with internal and external counterparties and completing transaction due diligence.
Supporting periodically reviewing existing transactions, including:
· Reviewing audit findings and reporting to identify and summarise key trends in the Consumer Finance portfolio;
· Providing input into the CEFC Portfolio Management Team and Asset Management Committee on periodic amendments / restructure of existing transactions.
Industry consultation processes
Supporting industry consultation processes for to the Household Energy Upgrades Fund, including:
· Preparation of material and drafting of minutes for industry consultation processes;
· Supporting industry analysis of technologies that are eligible under the Household Energy Upgrades Fund
· Participating in consultations with industry associations / bodies
With at least 5 years’ experience gained within either a middle to top tier bank or other financial institutions, with retail banking, investment transactional experience and/or clean energy sector experience, you will bring to this role:
· Technical skills across banking products, accounting and financial report interpretation, credit analysis and transaction due diligence.
· Good working knowledge of finance concepts, with securitisation and bank bonds being a preference.
· Highly developed problem solving, analytical and logical reasoning and interpersonal skills.
· Excellent communication skills inclusive of written, oral and presentation mediums, in particular: the ability to explain complex concepts to potential customers and stakeholders in a way that can be understood.
· Good commercial acumen and insight.
· Highly organised and effective under pressure, with demonstrated ability work to tight deadlines across multiple transactions.
Only direct applications that include a CV and covering letter will be considered.
The CEFC is an equal opportunity employer and First Nations candidates are encouraged to apply.
The successful candidate must have current Australian work rights and will be required to complete background checks, including security clearances if required, prior to commencement.
Location: Sydney, NSW, Australia
Company: Clean Energy Finance Corporation