Project Specialist III/Project Specialist II - Global Renewable Energy Credit
2 Months ago
Providence, Rhode Island, United States
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Job Description
Bank of America is hiring a Project Specialist III/II for Global Renewable Energy Credit in Providence, RI. The role involves technical analysis and risk assessment for energy and infrastructure projects, including renewable energy sources. Responsibilities include due diligence, project design review, financial model validation, and performance monitoring. Candidates should have at least 5 years of experience in energy sectors and strong communication skills. The company emphasizes an in-office culture with some flexibility.
Position: Project Specialist III / Project Specialist II - Global Renewable Energy Credit Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Description: The Engineer / Project Engineer will provide independent technical analysis and risk assessment for debt and tax equity financing across a diverse portfolio of energy and infrastructure assets. These include wind generation, solar across all scales (residential, commercial, utility), battery energy storage systems, data centers, conventional power, and emerging energy/power technologies. Responsibilities: * Perform detailed technical due diligence to evaluate project feasibility and identify design, construction, budget, schedule, contractual, and operating risks, including preparation of formal technical memoranda * Review project design documents, technical specifications, schedules, and construction methodologies for reasonableness and compliance with industry standards * Validate technical and economic assumptions in financial models and collaborate with deal teams to develop and review sensitivity analyses * Coordinate with and manage work performed by independent engineering and technical consulting firms * Monitor the technical performance of portfolio assets (e.g., generation, availability, O&M expenses, and major technical issues) * Partner with Portfolio Management on construction monitoring, post‑COD performance reviews, and asset risk assessments * Support Origination teams by assisting with early‑stage technical pre‑screening of potential transactions * Evaluate and qualify equipment vendors, EPC contractors, and operators across multiple project types Required Qualifications: * 5+ years minimum experience in energy storage, engineering design, construction management, operations, owner's engineering and or technical consulting for energy or infrastructure assets * Strong understanding of project development, construction, and operational risks across renewable energy and related infrastructure sectors * Excellent written, verbal, and presentation skills, with the ability to clearly communicate complex technical concepts to non‑technical stakeholders * Demonstrated ability to manage multiple transactions or work streams simultaneously in a fast‑paced environment * Proven client and stakeholder management capabilities Desired Qualifications: * A bachelor's degree in engineering or science (electrical preferred; mechanical, power or renewable energy systems, or other energy‑related disciplines acceptable) * Energy Storage experience and or Data Center experience is a plus Skills: * Business Acumen * Loan Structuring * Product Management * Risk Management * Coaching * Consulting * Decision Making * Influence * Result Orientation * Credit Documentation Requirements * Portfolio Analysis * Regulatory Compliance * Stakeholder Management * Underwriting Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent Shift: 1st shift (United States of America) Hours Per Week: 40
Bank of America
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About this company
Stage:Other
Website:bankofamerica.com
Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and...read more
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