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Managing Director

Coalition for Green Capital

Coalition for Green Capital

Operations
New York, NY, USA
Posted on Dec 10, 2024

At the Coalition for Green Capital (CGC), our mission is to drive investments in the clean economy to reduce emissions and improve the quality of life for all Americans. By leveraging public-private partnerships and responsive financing, we aim to eliminate barriers to clean technology and promote energy abundance in every community. Our work is guided by a commitment to accelerate the deployment of clean energy technologies across the United States, with a special focus on supporting low-income and disadvantaged communities. For over a decade, CGC has led the Green Bank movement, working at the federal, state and local levels in the U.S. and countries around the world to unlock capital and empower communities to embrace a greener future. Together, we strive to build a sustainable future where clean power is accessible and affordable for everyone.

Our National Green Bank: The U.S. Environmental Protection Agency (EPA) has taken a significant step toward a greener future by establishing the first U.S. national green bank through the Greenhouse Gas Reduction Fund (GGRF). The EPA awarded the Coalition for Green Capital $5 billion to capitalize this national green bank under The National Clean Investment Fund competition, along with $125 million under Solar for All to foster the development of green banks and accelerate solar energy projects in North and South Dakota. Through strategic partnerships and innovative financing, our national green bank aims to create a robust clean energy finance ecosystem that addresses critical market gaps and maximizes the impact of every public dollar invested. This seed funding builds on CGC’s decade-long leadership in the Green Bank movement, which has already led to billions toward clean energy adoption, ensuring that the nation’s climate goals are met.

CGC is hiring a Managing Director to join its investments team in New York, deploying capital and supporting the network team across a variety of clean energy / sustainable infrastructure sectors including power, energy, transportation, and multiple other sectors resulting in a reduction of greenhouse gases. In addition to making investments in sustainable infrastructure opportunities, the Manager Director will also work with third party capital providers to mobilize additional capital directly and indirectly.

The candidate should have significant experience enabling the candidate to lead the assessment, structuring, execution, and management of senior, subordinated, and unitranche infrastructure debt with minimal transactional oversight.

The Managing Director position is based in New York City.

Key Responsibilities

  • Lead origination, negotiation, documentation, and ongoing portfolio management of investments that meet CGC objectives.
  • Provide oversight and mentoring of transaction teams.
  • Develop key market relationships, including borrowers, investees, co-investors, and other significant clean energy deployment partners.
  • Deliver high-quality work products, including term sheet development, investment approval memoranda, and presentations, with minimal oversight.
  • Participate in developing annual and forward-looking business plans to meet investment goals.
  • Identify market trends and opportunities, including areas where CGC can enhance financing market transformation.
  • Support financing market transformation by collaborating with third-party capital providers to mobilize capital directly or indirectly through co-investment with CGC and/or at a CGC portfolio level.
  • Collaborate with colleagues across the organization to achieve CGC objectives.

Required Skills and Abilities

  • Mastery of project finance and structured financing, including related structuring and documentation.
  • Expertise in negotiating transaction terms and documentation, with the ability to lead with minimal oversight.
  • Exceptional credit analysis skills and the ability to evaluate various sustainable infrastructure investment opportunities.
  • Proven ability to organize and oversee investment processes while working collaboratively and with urgency with internal teams and external clients.
  • Demonstrated capacity to originate and lead execution teams.
  • Tenacious and accountable in driving results.
  • High degree of integrity and transparency.
  • Commitment to continuous personal and organizational improvement.
  • Supportive of team and colleagues' success.
  • Excellent organizational skills, with experience organizing and prioritizing projects based on substance, urgency, and capacity.
  • Self-motivated with strong attention to detail.
  • Ability to work under tight deadlines and handle multiple tasks in a fast-paced, dynamic environment.
  • English language fluency required.
  • Dedication to climate finance.
  • A sense of humor, passion for change, and an eye for innovation.
  • Authorization to work in the United States.
  • Occasional travel required for due diligence, origination, and other CGC matters.

Education and Experience

  • Bachelor’s degree required; MBA, CFA, or an advanced degree is a plus.
  • Minimum of 12 years of leadership experience in originating and executing transactions in project, infrastructure, and/or structured finance, with a focus on renewables and sustainable infrastructure. Candidates with more or less experience may be considered for alternate roles.

Compensation and Benefits

  • The salary range for the Managing Director is between $400,000 and $450,000.
  • The Managing Director will be eligible for an annual bonus of 10%-30% based on job performance.
  • Benefits include health insurance, 401k, vacation leave, and sick leave.

CGC is dedicated to providing equal employment opportunities to all individuals based on job related qualifications and their ability to perform a job, without regard to age (over 40), sex (including pregnancy, married women and unmarried mothers), race, color, creed, veteran status, religion, disability, sexual orientation (including actual or perceived orientation), gender identity, gender expression, ancestry, marital status, national origin, citizenship, genetic characteristics, civil air patrol status, lawful activities during nonworking hours, or any other protected class as defined by applicable federal, state, or local laws. It is our policy to maintain a non-discriminatory environment free from intimidation, harassment, or bias.

Our equal employment opportunity philosophy applies to all aspects of employment including recruiting, hiring, training, promotion, job benefits, pay, dismissal and social/recreational activities. Our designated Civil Rights Coordinator is CGC’s Chief Administrative and Development Officer.