Asset Management Associate, Renewable Energy

Stone Alliance Group is hiring an Asset Management Associate for its St. Louis, MO office, focusing on renewable energy tax credit investments. The role involves managing a portfolio of tax equity investments, engaging with project sponsors, monitoring compliance, and producing reports for investors. Candidates should have 3+ years of relevant experience and strong skills in finance and project management. The position requires occasional travel (5%-10%).
Founded in 2020, our client was founded with the goal of creating a truly unique finance and investment firm. With an emphasis on renewable energy, the business has steadily grown and is expanding its footprint into other corners of the investing world. Today, they have two distinct lines of business:
• Renewable energy tax credit investing and syndication
• Private credit investment platform focused on small businesses

Summary

The Asset Management Associate role will be a key part of this high growth company in St. Louis, Missouri focused primarily on tax credit investments, with an emphasis on the renewable energy sector.

Duties and Responsibilities
• Work closely with the firms Principals and Vice President of Asset Management to oversee a growing portfolio of tax equity investments throughout the compliance period and exit
• Engage with project sponsors and investors to track, collect, and analyze project information
• Monitor the obligations of key entities throughout the investment structure to meet timely reporting obligations and understand project performance
• Participate as a key point person in transitioning investments post-closing to the lifecycle asset management process and review investment documents (LLCAs, ECCAs, Tax Credit PSAs, AMAs, etc.) for reporting requirements and funding obligations
• Produce professional periodic reports for investors that deliver qualitative and quantitative analysis through narrative and customized visual analytics
• With support and guidance, manage a portfolio of tax equity investments by collecting and evaluating periodic reports, reviewing financial models and cash waterfalls, and reporting to investors throughout the remaining deal lifecycle
• Ensure capital provider obligations are satisfied and assist in the funding process by coordinating with third parties on delivery of periodic reports, financials, and tax returns
• Review tax returns and coordinate with experts when needed
• Support initiatives to help the business in achieving its strategic objectives
• Travel for business and attend conferences as necessary (5% - 10%)

Knowledge & General Skills

Minimum Requirements
• Microsoft Excel modeling skills and a strong interest in the use of complex project finance models, as well as developing the ability to create well-organized presentations to formulate conclusions
• Understanding of renewable energy project finance transactions and/or tax credit equity
• Basic understanding of financial, tax, accounting, and investment concepts
• Strong communication skills, both oral and written, and the ability to create effective presentations
• Ability to provide exceptional client service by responding with a sense of urgency, practicality, accountability, and integrity
• Ability to evaluate complex situations and engage with other team members to make decisions on significant matters
• Self-motivated intellectual curiosity
• Strong interest in renewable energy infrastructure and project finance

Experience/Qualifications/Education
• 3+ years in tax credit asset management and/or investment operations experience
• Bachelors degree in Finance, Mathematics, Engineering, Economics or related area
• Advanced degree and/or CFA, CPA certification is optional
• Experience in renewable energy project development, accounting, and/or finance is strongly preferred
• Experience in Low-Income Housing Tax Credits (LIHTC), Historic Tax Credits (HTC), or New Markets Tax Credits (NMTC) a plus

Personal Qualities
• Ability to work independently, deal confidently and build strong relationships
• Willingness to receive and accept feedback and improve
• Flexible attitude and the ability to multitask
• Strong time management / prioritization skills
• Excellent written, verbal communication and English skills
• Helpful, hardworking approach and a team player
• Unparalleled honesty and integrity
• Client first mentality

Our client is a fast-growing investment firm that values a collegial environment while maintaining a second-to-none work ethic. Each of the principals, having worked for large and small companies, wanted to start a firm that is entrepreneurial, driven, fun and a place to grow. They provide a phenomenal opportunity for you to learn hands-on across a wide range of subject matters including renewable energy development, project finance, capital markets, corporate strategy and more.

We understand that choosing a great career path is just one part of the story. They offer a competitive salary, flexible vacation, 100% paid healthcare, dental and vision insurance, willingness to provide 401k, merit-based bonuses and more.