[Remote] Renewable Energy Underwriter

Note: The job is a remote job and is open to candidates in USA. Climate First Bank is a Florida Benefit Corporation focused on redefining banking with a commitment to sustainability and ethical practices. They are seeking a Renewable Energy Underwriter responsible for underwriting and credit analysis of renewable energy projects, ensuring strong credit quality and regulatory compliance while supporting mission-driven growth.

Responsibilities

• Underwrite construction, term, and bridge financing for renewable energy projects including solar, storage, and energy efficiency
• Analyze borrower and sponsor financias, tax returns, cash flow, and global debt service coverage
• Evaluate project-level economics, including PPA and off-take agreements, incentive structures (e.g., tax credits), operating assumptions, collateral, guarantees, and overall credit structure
• Identify and assess key project risks, including construction, technology, regulatory, counterparty, and performance risk
• Prepare clear, well-documented credit memoranda with risk mitigation strategies
• Ensure compliance with internal credit policy, underwriting standards, and regulatory requirements
• Participate in credit committee discussions and respond to senior credit leadership inquiries
• Monitor portfolio performance and support annual reviews, renewals, and covenant compliance
• Embody a commitment to environmental, social, economic, and racial justice
• Apply interest in our core values and pursue education related to sustainability practices
• Pursue and demonstrate an understanding of established Bank policies, procedures, and regulations
• Protect the organization and its customers by identifying and escalating suspicious or fraudulent activity in collaboration with appropriate teams
• Maintain working knowledge of applicable laws, regulations, and Bank policies; complete all required compliance and IT training

Skills

• Bachelor's degree in finance, accounting, economics, or a related field
• 3-7+ years of commercial credit underwriting or project finance experience
• Experience working in a mission-driven or values-based financial institution strongly preferred
• Strong financial analysis expertise along with knowledge of renewable energy project structures, cash flow modeling, and industry-specific risks
• Underwrite construction, term, and bridge financing for renewable energy projects including solar, storage, and energy efficiency
• Analyze borrower and sponsor financias, tax returns, cash flow, and global debt service coverage
• Evaluate project-level economics, including PPA and off-take agreements, incentive structures (e.g., tax credits), operating assumptions, collateral, guarantees, and overall credit structure
• Identify and assess key project risks, including construction, technology, regulatory, counterparty, and performance risk
• Prepare clear, well-documented credit memoranda with risk mitigation strategies
• Ensure compliance with internal credit policy, underwriting standards, and regulatory requirements
• Participate in credit committee discussions and respond to senior credit leadership inquiries
• Monitor portfolio performance and support annual reviews, renewals, and covenant compliance
• Embody a commitment to environmental, social, economic, and racial justice
• Apply interest in our core values and pursue education related to sustainability practices
• Pursue and demonstrate an understanding of established Bank policies, procedures, and regulations
• Protect the organization and its customers by identifying and escalating suspicious or fraudulent activity in collaboration with appropriate teams
• Maintain working knowledge of applicable laws, regulations, and Bank policies; complete all required compliance and IT training
• Preference for renewable energy, infrastructure, or solar, storage, wind, or energy efficiency financing
• Knowledge of tax equity, PPA structures, and renewable energy incentives preferred

Benefits

• 100% employer-paid for employees; employer contribution for dependents by Us
• Medical, Dental & Vision Insurance
• Health Savings Account (HSA)
• Free Telemedicine access via Teladoc
• 401(k) with 6% Employer Match — No Vesting Period.
• Employee Stock Options
• Exclusive Employee Banking Perks
• 0% Financing for Employee Solar Loans
• Employee Only Mortgage Product with exclusive interest rates and terms.
• 0% Financing for Eligible Electric Vehicles (EVs)
• Referral Incentives
• 2–4 Weeks of Vacation based on officer level plus additional tenure-based time.
• 64 Hours of Paid Sick Time for all full-time employees.
• Company-Paid Life Insurance
• Short- & Long-Term Disability Insurance
• Voluntary Life, Accident & Critical Illness Coverage
• Employee Assistance Program (EAP) with free counseling, legal, and financial services.

Company Overview