Portfolio Manager - Renewable Energy

Supervisor Title: Director of NT Solar Location: Remote (or office locations: Washington, DC and Scottsdale, AZ) Salary range: $100,000 – $140,000 As a leading national tax credit syndicator, NT Solar finances the transformation of sustainable communities nationwide with Solar Investment Tax Credits (ITC) and Production Tax Credits (PTC). Our investment team raises capital from investors and directs it to developers managing solar and renewable energy projects. NT Solar is a subsidiary of the National Trust Community Investment Corporation (NTCIC), an affiliate of the National Trust for Historic Preservation, and one of the most active tax credit syndicators in America. OBJECTIVES: NT Solar is hiring a Portfolio Manager to have primary asset management reporting and compliance responsibilities for the NT Solar portfolio of tax credit investments (ITC's). The Portfolio Manager will focus on activities from post-closing/funding through a 5+ year period until exit. Additionally, the Portfolio Manager will support the rest of the NT Solar team as needed for new transaction closings, and will be an active contributor to regular reviews of business development initiatives and internal process improvements. DUTIES: Under the direction of the Director of NT Solar, independently oversee compliance and reporting for a portfolio of solar and battery storage tax credit investments within the NT Solar portfolio. Build and strengthen relationships with energy sponsors/developers, ensuring collaboration which results in timely delivery of all required reporting (e.g. reports on safety and efficiency, production summaries, revenue, payment of scheduled cash distributions and any other monthly, quarterly, and/or annual reporting). Organize, evaluate, and synthesize reporting information for the portfolio which includes a wide variety of project sizes, technologies, off takers, and geographies. Identify changes in asset performance from closing projection expectations. Perform asset risk evaluations and monitor accordingly. Maintain relationships with tax credit investors, with a keen eye for financial, legal and compliance risk management. Respond to ad-hoc investor questions and requests related to asset performance and compliance. Identify and analyze underperformance issues; recommend and implement solutions to maximize the financial and operational performance of the portfolio and ensure investor streams of benefits are delivered as projected. Collaborate with accounting to generate invoices and manage receipt of asset management fees, preferred returns, and residual cash flow distributions. Update project-level benefit schedules; calculate project-level ROI as necessary to meet required target returns. Support the preparation of monthly fund benefit schedules and various other financial reporting obligations. Update and maintain asset management systems, including Salesforce; SharePoint; databases; reports; and electronic integration of asset management systems. Track closing projections, project-level reporting (including audit and tax return receipt), and upper-tier fund-level reporting. QUALIFICATIONS: B.S./B.A. degree or higher 3+ years of experience in asset management required, preferably managing solar, battery storage and other renewable energy assets for a developer, owner/operator, IPP, or an asset management firm. Familiarity with contractual documents including Equity Capital Contribution Agreements, Operating Agreements, Off-take Agreements, O&M Agreements, EPC Agreements, and Interconnection Agreements Understanding of Renewable Energy investment structures and tax impacts Demonstrated financial acumen and experience managing / interpreting tax equity financial models. Proficiency with Salesforce, Excel, and Microsoft 365 (Teams, SharePoint) Excellent verbal and written communications skills required. Well-developed analytical and problem-solving skills. Must possess acute attention to detail. Proven track record of working well within a team environment, taking ownership of processes and procedures. BENEFITS Annual performance-based bonus (15% target, subject to individual and organizational performance) 401(k) retirement plan with employer match and safe harbor contributions Health Savings Account (HSA) with employer contribution Comprehensive medical, vision, and dental insurance Generous paid time off and family leave policies Flexible, remote-first work environment Professional development opportunity with a nationally recognized, mission-driven organization The National Trust Community Investment Corporation is an equal opportunity employer and does not discriminate based on race, color, religion, national origin, sex (including sexual orientation, gender identity, and pregnancy), age, disability, genetic information, veteran status, or any other characteristic protected by applicable law, including local ordinances. Hiring Timeline April 27: Posted May 8: Application review begins May 11–22: First-round screens May 18–June 5: Second-round and final interviews June 8–12: References and offer Target start date: ASAP - anticipated late June Applications received after May 8 will still be considered, but priority will be given to early applicants. Apply To This Job