girl looking into her desktop
Back to search results

Global Renewable Energy Credit Portfolio Manager - Associate

New York, New York;

Job Description:

About Us:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.  Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Global Renewable Energy Credit overview:

The Global Renewable Energy Credit Team covers transactions for Corporate Lending and Project Finance through the involvement in the origination and underwriting of transactions and the ongoing portfolio management process.

Primary Roles and responsibilities:

The Global Renewable Energy Credit Associate / Jr. Portfolio Manager will be responsible for the funding, administration, monitoring and management of tax equity (e.g., DG solar, fuel cell, EV, storage) and debt project financings originated by the Global Sustainable Finance Group.  Primary responsibility will be to diligently and smoothly execute tranche funding of closed tax equity and project finance transactions in the required time frame. 

As clients make requests to BofA for a capital contribution or debt funding, the Associate / Jr.  Portfolio Manager will work extensively with the client and the transaction’s Originators, Credit Underwriting, Risk Management, Engineering/Technical experts (internal and external), Modelling (internal and external), Legal counsel (internal and external), Appraisers, Finance and Tax teams (as needed) to ensure that all of the required documentation for funding are in compliance and conditions precedent are satisfied before the release by BofA of the requested funds. Additionally, the Associate / Jr. Portfolio Manager will keep track of the status of all open items and work diligently with the client and the relevant subject matter experts to resolve any outstanding credit, technical, legal, etc. issues should they arise in the tranche funding process.  This role will have significant interaction with clients, as well as the relevant internal and external subject matter experts.

Other responsibilities:

  • Responsible for ongoing credit administration, monitoring, review, and analysis for a designated portfolio of tax equity and debt project financings. 

  • Ensure compliance with the terms of and reporting requirements of transaction agreements; evaluating and processing project related consent requests (e.g., amendments, waivers, extensions) from clients; periodic project performance and financial review; the preparation of periodic status reviews and updating risk rating scorecards; and monitoring the credit profile of key transaction counterparties (e.g. Borrowers, Servicers, Project Sponsors and Off-takers). 

  • Provide timely responses to inquiries on the portfolio from senior credit and risk management team members.

Required skills & Experience:

  • Minimum 2 years of experience in commercial banking or finance industry with credit, tax equity, project finance and or renewable energy

  • Ability to review, understand and interpret legal documentation of complex transactions

  • Ability to work efficiently and productively on multiple transactions or tasks at one time

  • Results oriented, and able to keep track of and meet deadlines

  • A team player: diligent and dedicated with a desire to learn

  • Clear and articulate oral and written communication skills

  • Ability to interact effectively and build relationships with internal and external clients and partners

  • Ability to quickly grow to be able to independently lead diligence efforts, make approval recommendations, and execute timely funding

  • Computer skills: proficient in Excel (Macros, VBA), Word and PowerPoint, Database experience a plus

  • Undergraduate degree in finance or accounting; engineering, mathematics or other technical degrees will be considered with core course work in finance and accounting

Desired Skills & Experience:

  • Renewable energy, project finance


1st shift (United States of America)

Hours Per Week: 


Learn more about this role

Full time


Manages People: No

Travel: Yes, 5% of the time

New York pay and benefits information

New York pay range:

$110,000 - $119,100 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.


This role is currently benefits eligible. We provide industry-leading benefits, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.