Vice President, Structured FInance
Job Title: Vice President
Department: Structured Finance
Reporting to: Structured Finance Director
Location: Sydney, Australia
We are Lightsource bp – and we’re on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development.
For over a decade we’ve been working to diversify the way our world is powered with sustainable and responsible renewable power. We work to safely deliver affordable, reliable, large-scale renewable and energy storage solutions to help the world decarbonise.
Our growing business is constantly innovating and investing to help drive the energy transition. Our people and projects are focused on supporting long-term sustainable growth and energy security.
Lightsource bp operates with five core values: Safety, Integrity, Respect, Sustainability, and Drive.
We seek to attract and hire individuals who share our commitment to creating a safe workplace, uphold the highest standards of integrity, and demonstrate respect for colleagues, communities, and the environment. Our recruitment process promotes sustainability by valuing long-term growth and responsible practices, while seeking candidates with the drive to innovate and lead in the global energy transition.
Together, these values shape how we engage, assess, and welcome talent
What You’ll do (the role)
SUMMARY
Leading, structuring and negotiating Lightsource bp’s financings through both project level and corporate level debt, as well as leading asset acquisitions and divestments across our operational jurisdictions.
DUTIES AND RESPONSIBLITIES
Senior Debt Financing/Refinancing
- Acting as day-to-day lead on project and portfolio financing’s
- Analysis of preferred financing solutions on individual asset/portfolio basis
- Supporting regional development teams in project procurement and contracting strategy to ensure bankable solutions, whilst highlighting key deal issues and areas of exposure
- Supporting PPA teams to ensure bankable project offerings in competitive tender processes
- Leading and negotiating competitive financing processes from RfP stage to Financial Close, through to conditions discharge
- Analysis and implementation of project specific hedging requirements, through FX/Inflation/IRS products
- Scoping and management of required project advisors in conjunction with cross-functional support
- Review and analysis of Senior Level Financing documentation
- Production and review of required Information Memorandums and Internal Approval papers
- Establishing a collaborative relationship with LSbp lenders for additional ancillary services required of Senior Project Financing.
Corporate Financings
- Acting as day-to-day lead on Corporate Financing transactions
- Managing key stakeholders
- Leading and negotiating competitive financing processes from RfP stage to Financial Close
- Review and Analysis of financing agreements and guarantee structures
- Establishing a collaborative relationship with LSbp core lender group
Acquisitions and Divestments
- Acting as day-to-day lead on strategic asset/portfolio acquisitions/divestments
- Analysis of asset valuation
- Implementation of asset optimisation in preparation for divestment
- Leading investor due diligence processes and coordinating with external advisors where required
- Leading and negotiating asset acquisition/sale price discussions
- Review and analysis of Share and Purchase Agreements, including warranty and indemnity packages
Teamwork, Training and Communication Skills
- Supporting Director’s and Senior Executive team members
- Manage individual and team workload, allocating resources appropriately as well as supervising/reviewing the work of junior team members
- Provide feedback on team members and ensure training is attended where appropriate
- Proactively manage professional development, not solely concentrating on technical skills but also soft-core skills of negotiating, positioning and influencing
Technical Skills
- Take responsibility to be familiar with latest technical developments and relevant legal, regulatory, accounting and taxation developments
- Able to run pro-forma financial models including DCF, comp comparables, equity placement, and merger and acquisition modeling
- Able to draft and prepare presentation materials including deal teasers, management presentations, deal pipeline books, and other supporting documentation and analysis
- Capable in excel, word, and powerpoint
Who we’re looking for
EXPERIENCE
- 6-8 years of experience preferably with a lender/Investor active in the infrastructure and energy finance space internationally, or with an IPP/vertically integrated developer
PERSONAL/WORK SKILLS
- Team working skills
- Problem solving and proactive attitude
- Detailed oriented and well organised
- Able to work efficiently and effectively under the pressure of tight deadlines
- Fluency in English is essential
Why you’ll want to work for us
Our company is a place where you can be yourself and grow, a place where your ideas and opinions matter.
Be you: We pride ourselves on being an inclusive community, where every individual is valued and treated with respect.
Be responsible: Our culture is driven by our core values – from operating safely to ensuring our projects are responsible.
Be recognized: Alongside a competitive salary, we offer a variety of benefits including annual bonus, retention bank, health insurance, pension and other local benefits.
Be inspired: Beyond your day-to-day working life at Lightsource bp, there’s a variety of initiatives that will contribute to your own personal development. These include our charitable causes, supporting our solar honey project, or volunteering on our VIBES committee to name a few.
Our core values: Lightsource bp truly cares about creating a sustainable future through safe, responsible and meaningful low carbon energy projects. Our core values of Safety, Integrity, Respect, Sustainability and Drive are the guiding principles for everything we do.
For further information on our career opportunities and life at Lightsource bp, please visit https://www.lightsourcebp.com/careers/