Financial Analyst - Renewable Energy & Sustainable Finance

Analyst- GBS-R

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 Business Services

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.

Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.

In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.

Process Overview:

Asset Finance desk within GISFG (Global Infrastructure and Sustainable Finance Group) primarily focuses on tax equity and debt financing in the renewable and low carbon energy sector in addition to financing in Digital Infrastructure space.

Job Description*

GISFG is focused on advising clients on strategies to successfully meet their sustainability goals including Net Zero and Carbon Neutrality, and Social & Inclusive Development

Responsibilities*

• Preparing financial models on tax equity and debt financings in renewable energy sectors such as Solar, Wind and other non-renewable low carbon sectors such as Natural Gas with specific focus on Project Finance
• Preparing deal related Memos such as Prioritization Memo, Endorsement Committee Memo, Screening Memo, Sponsorship Committee Memo and Credit Approval Memo for live deals at various stages of the debt and tax equity transactions
• Executing detailed and structured research in on potential opportunities and new topics in Sustainable Finance
• Research macro and sector emission profiles and decarbonization trends, analyze and update company decarbonization trends
• Create presentations, including sector tear sheets and peer benchmarking
• Perform due diligence and research sustainability targets and decarbonization strategies
• Track and research ESG marketplace data and company filings
• Working on market updates documents which include latest happenings, new deals and trends for Sustainable Finance encompassing United Nations Sustainable Development Goals
• Communicate and interact with senior team members

Requirements

• Education: CFA/MBA in Finance
• Exp Range: Candidates with 12 – 36 months of total relevant experience preferably in Project Finance with focus on Renewables

Foundational Skills:

• Excellent verbal and written communication skills and effective interpersonal skills, MS Office
• A strong interest in Global Financial Markets
• Interest in the emerging ESG and Sustainability domain
• Basic Financial Modelling skills and Advanced Microsoft Office skills
• Attention to detail and Formatting skills

Desired skills*

• Professional work experience in Equity Modelling or Project Finance in Renewables Sector

Work Timings:

11 AM – 8 PM  (Flexibility for working in shifts as per business requirements is a prerequisite)

Job Location

Mumbai