Senior Associate - Infrastructure Debt - Portfolio Management/Monitoring

Core Responsibilities for the Portfolio

Ongoing Portfolio Monitoring and Analysis:

• Continuously monitor the development of individual portfolio transactions, perform Market/Sector research and analysis and inform management as well as client of any material developments on a portfolio of (mostly) performing loans

• Regular (at least annual) analysis of key risks including financial risk, operational risk, offtaker/supplier/ guarantor risk, country/regulatory risk and market risk (as applicable)

• Preparation of robust and concise internal credit papers (credit review, waivers/amendments) according to agreed formats and in a timely manner for review by line manager to obtain relevant client approvals during loan life

• Work with line manager and responsible people to ensure a smooth credit process

• Ability to manage workflows proactively and independently

• Review/update of cash flow models (incl. base case and downside/stress case scenarios) to assess future performance and risks

• Prepare internal ratings in accordance with applicable guidelines, where relevant

• Preparation of client off colour and watch-list reports discussing trends, remedies, progress, future loan amendments and provide advice regarding possible exit strategies, where applicable

• Analyse, evaluate and comment on drawdown requests and transaction related financial, technical and legal reporting provided by borrowers and/or advisors as applicable

• Ensure timely covenant tracking with adequate recording in relevant system (CreditHub/ Task Manager)

• Ensure timely closure of conditions/tasks

• Discuss/negotiate all kinds of waiver requests, early repayments and restructurings with borrowers/agents and other external/internal parties e.g. lawyers

• Attend site visits and borrower meetings (as required)

• Where required, discuss/negotiate necessary credit and collateral documentation and ensure that all documentation and decisions required are correctly prepared, communicated and processed;

• Maintain electronic credit files for respective deals, ensuring key documents have been saved before submission of approval requests (in accordance with Client’s guidelines and naming conventions) Surveillance and Reporting

• Contribute to regular and ad hoc reporting requests from the firm management, the client and its auditors on the portfolio, the sector and specific deals

• Provide input to the firm's internal reports (e.g. internal surveillance lists etc.) Other

• Provide guidance to other team members as and when required • Provide guidance to colleagues in the Loan Management team covering a substantial portfolio of UK Private Finance Initiative Loans

• Liaise pro-actively and effectively with different client departments for the respective portfolio

• Consider relevant regulatory requirements and client guidelines

• Other duties as assigned from time to time

New Business Development

• Support marketing efforts as and when required (e.g. preparation of presentation materials, scope definitions, Request for Proposals, capacity calculations etc.)

• Observe market for potential service opportunities

• Contributing to pro-active proposals for new business where applicable

• Cooperation with other areas of the firm to support business development initiatives

Third Party Portfolio Management:

• Provide services in relation to 3rd party client portfolios as detailed under (future) service level agreements Support dedicated the unit in diligence/onboarding of new portfolios

Skills and Competencies

• Must have established previous working experience with a proven track record in a related credit / risk/asset management environment involving infrastructure and energy project finance.

• Good understanding of project- and corporate-finance with a solid background in and knowledge of credit risk drivers and risks inherent in the respective borrower industry sectors

• Solid analytical and technical skills and ability to understand complex loan documentation and financing structures and ability to convey technical (modelling) concepts to both technical practitioners and third parties.

• Comfortable in a client facing role and ability to confidently present recommendations up to credit committee level as well as investors

• Ability to represent the Firm and its clients and articulate, negotiate and implement decisions, strategies and documentation

• Good organizational and time management skills, a hands-on approach and attention to detail are necessary

• Good writing skills producing robust, concise and insightful decision papers

• Team player with ability to work in a multicultural and international environment

• Must be able to adapt quickly and efficiently to changing business and client requirements

• Ability to work independently and to client deliverables deadlines

• High level of familiarity of MS Excel, Word, Powerpoint and/or other data processing and analysis tools