Clean Energy
Reinvestment Fund is committed to environmental justice and ensuring that the most vulnerable in the communities we serve benefit not only from clean energy investments in their communities but also directly from reduced energy burdens and clean, safe and resilient homes and facilities. Reinvestment Fund began financing clean energy projects in 1993 and has provided over $350 million to a wide range of projects, from wind and solar [energy generation] to energy efficient building components to small-scale distributed-generation projects.
Our clean energy financing currently fits in two project types:
With pending capital flows from the Inflation Reduction Act, Greenhouse Gas Emissions Reduction Fund (GGRF), Infrastructure Bill, and other existing and changing federal, state, and utility energy incentive programs and resources, this position is expected to work with Lending and Investments leadership to inform new business strategies in the clean energy space that result in more affordable capital directed to eligible projects benefitting residents of disadvantaged communities.
Who We Are Looking For
The Director, Clean Energy and Sustainable Finance will be an energetic and integral part of the Originations team, serving as primary contact for all aspects of Reinvestment Fund’s business of clean energy lending from transaction sourcing, structuring, underwriting and credit approval, to closing. The Director will collaborate with Reinvestment Fund lenders to structure and underwrite real estate and business loans that create energy savings and efficiencies applying clean energy capital sources- current and future.
In addition, the Director will have a demonstrated commitment to the breadth of Reinvestment Fund’s mission – which includes creation of opportunities for individuals in low-income communities and a commitment to advancing racial equity. This individual will be responsible for a target volume of annual originations on energy efficiency and renewable energy projects. This role will report to the Managing Director, National Lending, and will be part of a team of lenders that lead specific lending programs with a national outlook.
Job Description
The Director, Clean Energy and Sustainable Finance, will lead the growth of Reinvestment Fund’s clean energy lending portfolio to align with Reinvestment Fund’s mission and strategic plan priorities. This work will include:
POSITION REQUIREMENTS
Education and Experience
REQUIRED
PREFERRED
Work Location
Reinvestment Fund provides a flexible work arrangement that is a hybrid home/office work arrangement or fully remote. A more flexible work schedule or fully remote will be considered for this role, ideally to be based in the eastern time zone. Episodic travel will be required to Reinvestment Fund’s Philadelphia, PA, headquarters, and to prospective or current borrowers, projects, and conferences (approximately 20%).
Compensation and Benefits
Reinvestment Fund offers a competitive salary based on experience and skills, as well as an excellent benefits package including employer-paid health, disability, and life insurance, 401(k) retirement savings plan with employer match, flexible spending accounts (medical, dependent care), commuter benefits, tuition reimbursement, paid time off, and EAP program.
The salary range for this position at commencement of employment is expected to be between $145,000 and $180,000 per year, however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience.
If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
Reinvestment Fund uses E-Verify to validate all new hires’ ability to legally work in the United States. Reinvestment Fund is an Equal Opportunity Employer. Reinvestment Fund does not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job-related disabilities, or veteran status.
Reinvestment Fund, Inc. has an affiliate, RF Impact Advisers, Inc. (“RFIA”) that is a state-registered investment adviser. To advance compliance with and prevent violations of federal and state securities laws and to avoid even the appearance of a conflict of interest, RFIA has adopted a Code of Ethics to govern certain conduct of its staff, including certain staff of Reinvestment Fund because Reinvestment Fund is an advisory affiliate of RFIA. As part of this Code of Ethics, there are specific personal reporting and other requirements and disclosures of personal financial and/or securities transactions information. For certain individuals, this reporting will extend to your household members. You may be subject to a background check.
EOE STATEMENT
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.