Job opening: Deputy Director Origination Division
Salary: $193 819 - 221 900 per year
Published at: Jul 19 2024
Employment Type: Full-time
The Deputy Director, Origination Division, manages and provides policy on integrating project finance, marketing analysis, financial modeling, and new technology project risk evaluation results into comprehensive and defensible loan transactions. The role requires well-developed leadership abilities, business acumen, and negotiation skills to lead teams developing the terms and conditions governing large, complex federal loans.
Duties
The Deputy Director manages and oversees a wide variety of project finance and corporate finance functions. Among these functions is the coordinated leadership of loan underwriting and due diligence necessary to finance energy, innovative technology transactions (Title XII), advanced technology vehicles manufacturing (ATVM) projects, or tribal energy loans (TELGP) in each of its respective Loan Programs in accordance with each Loan Program's respective parameters and mandates. The incumbent directs organizational activities based on broad organizational assessments and evaluations of long-term organizational objectives. Incumbent sets all internal control standards for effectiveness, efficiency, and productivity and assesses all organizational policy, program, and project viability. They determine the financial and personnel resources and resource allocations needed to achieve mission objectives and support mission operations; identifies the need for major organizational improvements and develops the requisite plans and directs implementing actions. The incumbent oversees and directs the internal organization, staffing, policies, and personnel authorities required to carry out the responsibilities of the organization, including the recruitment of senior managers and technical experts necessary to ensure the success of the programs.
Manages and oversees a wide variety of project finance and corporate finance functions. Among these functions is the coordinated leadership of loan underwriting and due diligence necessary to finance energy, innovative technology or advanced technology vehicles manufacturing or tribal energy projects in each of its respective Loan Programs in accordance with each Loan Program's respective parameters and mandates.
Reviews and analyzes LPO's planning, budget and financial management practices affecting the division. Recommends modifications to the Credit Review Board (CRB), the Deputy Secretary, and Director as appropriate.
Works in coordination with other DOE staff and program offices on management systems and practices to ensure the effectiveness of the loan program and to evaluate the status of projects through the use of applicable project management practices. Oversees the underwriting of each project with the various loan programs and monitors the progress of applications and loan transactions. Develops DOE views on loan guarantee issues and coordinates these positions with other Departmental offices.
Provides review, analysis, and recommendations on loan applications to the CRB, and guides the procurement of expert services from sources external to DOE as required to consider the unique features of Title XVII projects in underwriting transactions and performing thorough due diligence reviews of loan applications. Plans, coordinates, and documents project risk analysis methods and assumptions used in project evaluations.
Represents DOE in discussions with energy industry representatives to understand changing industry needs and identifying the program tools that can help to achieve those needs.
Oversees progress in achieving project milestones as conditions to loan approval and disbursement after closing.
Works closely with the U.S. Treasury Department and Federal Finance Bank in developing loan conditions for disbursement and in administering the Title XVII program.
Serves as the DOE/LPO liaison to the Office of Management and Budget, the U.S. Treasury, and other entities on Title XVII matters related to DOE loan requests and negotiations.
Provides leadership in dealing successfully with high level officials within and outside Federal Government, state and local government, and in representing the organization to Congress, other departments and agencies, industry leaders, and senior executive advisory panels.
The incumbent has the responsibility for promoting Diversity and Equal Employment Opportunity (EEO) and for ensuring full implementation of the Diversity, EEO and Affirmative Employment Program Plan. Provides management direction and input to affirmative action goals and objectives; ensures that personnel management within the organizational entity under supervision is accomplished without regard to race, color, religion, sex, age, disability, or national origin. The incumbent is responsible for managing workforce diversity and instilling a sense of community throughout the organization to create a work environment in which all staff members are fully supported.
Qualifications
Your resume must describe your executive core qualifications (ECQs) and experience, technical qualifications, and give a synopsis of your accomplishments. Do not include a separate ECQ narrative. Additionally, Mandatory Technical Qualifications (MTQs) listed later in this section below must be addressed in a separate document.
EXECUTIVE CORE QUALIFICATIONS: The five ECQs described below were designed to assess executive-level experiences and potential not technical expertise. They measure whether you have the broad executive skills needed to succeed in a variety of SES positions.
1: Leading Change: Ability to bring about strategic change, both within and outside the organization, to meet organizational goals and establish an organizational vision and to implement it in a continuously changing environment.
2: Leading People: Ability to lead people toward meeting the organization's vision, mission, and goals and provide an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts.
3: Results Driven: Ability to meet organizational goals and customer expectations and make decisions that produce high-quality results by applying technical knowledge, analyzing problems, and calculating risks.
4: Business Acumen: Ability to manage human, financial, and information resources strategically.
5: Building Coalitions: Ability to build coalitions internally and with other Federal agencies, State and local governments, nonprofit and private sector organizations, foreign governments, or international organizations to achieve common goals.
MANDATORY TECHNICAL QUALIFICATIONS (MTQs): As part of your application package, a separate document must be uploaded addressing each MTQ listed below. No more than one page per MTQ is allowed; additional information will not be considered. MTQs must provide specific examples that address relevant experience and accomplishments. Your leadership and management skills must be addressed in the MTQs listed below.
Failure to submit a document addressing each MTQ will result in your application to be deemed incomplete and not be considered.
MTQ 1: In-depth knowledge and experience with diverse finance structures, including project finance (full and non-recourse financing), corporate finance, and asset-back securitization, both construction and term, that included features such as tax equity financing and intercreditor considerations, for large-scale or commercial infrastructure project loans greater than $500 million and leading a federal loan underwriting program or large private lender of similar sized loans, including the loan structuring, the negotiation of loan terms of loans of this magnitude.
MTQ 2: In-depth knowledge of federal lending regulations and procedures including programmatic processes for program and credit approval along with interagency loan approvals incorporating relevant governing regulations such as Federal Credit Reform Act (FCRA) and Davis-Bacon Act or experience in private infrastructure lending to withing regulated environments with similar standards of diligence and reporting.
MTQ 3: Executive ability to supervise a large federal loan division or similar large private lending institution focused on infrastructure lending with a diverse workforce and a diverse pipeline of loan applications. In-depth knowledge of organizational planning, supervision, and administration of program activities and services, to direct programs and people to establish and accomplish short and long range program goals and objectives, to communicate effectively with management and employees and motivate and develop employees, and skill in integrating program operations with the general management of an organization.
Contacts
- Address Loan Programs Office
P.O. Box 5088
Oak Ridge, TN 37831
US
- Name: David Shaut Jr.
- Phone: 202-407-1346
- Email: [email protected]
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