Junior Financial Underwriter (Hybrid)

Financial Underwriter

Washington DC-Based Energy and Infrastructure Finance 2-4 Years of Experience

Summit Consulting LLC provides quantitative and qualitative solutions to help federal agencies and mission-driven organizations address complex challenges in financial management risk management program delivery and analysis. Our practitioners combine technical rigor with practical implementation experience working collaboratively with clients to support sound decisions strengthen program operations and improve outcomes for the communities they serve.

Summit is seeking a Financial Underwriter with 2 to 4 years of experience to support federal energy and infrastructure finance work. This position is based in Washington DC. The selected applicant will contribute to financing underwriting and analytical activities involving energy utility and infrastructure assets that support economic opportunity system reliability affordability resiliency and long-term community benefit.

This role is focused on the asset types and financial characteristics associated with energy and utility infrastructure including renewable generation assets battery energy storage systems electric distribution and transmission assets grid modernization investments rural and community-serving utility systems and related infrastructure assets. The work requires the ability to evaluate asset-level financial performance borrower or sponsor capacity cost reasonableness operating assumptions repayment capacity and the strength of supporting documentation.

The strongest candidates will bring sound financial judgment careful attention to detail strong writing skills and the ability to evaluate project and asset information in a clear well-documented and defensible manner. Candidates should be comfortable reviewing financial materials identifying documentation gaps supporting risk analysis and preparing clear summaries that help senior underwriters and client stakeholders make informed financing decisions.

Apply to this position if you know how to:

• Review analyze and conduct financial due diligence for energy utility and infrastructure assets including renewable generation battery energy storage electric distribution and transmission systems grid modernization assets and related community-serving infrastructure.
• Review financial statements operating statements budgets sources and uses of funds debt schedules capital expenditure plans asset-level cost documentation and other materials to assess applicant borrower or sponsor capacity.
• Evaluate the financial reasonableness of asset investments including capital costs financing structures projected revenues operating expenses repayment capacity reserve assumptions useful life considerations and long-term sustainability.
• Analyze borrower creditworthiness liquidity leverage operating performance cash flow and ability to meet proposed financing obligations.
• Review loan grant credit or financial assistance application materials for completeness consistency documentation quality and alignment with applicable financing requirements.
• Identify documentation gaps financial inconsistencies unsupported assumptions asset-level risks borrower risks and follow-up questions needed to support a complete underwriting review.
• Support the assessment of financial and operational risks including sponsor capacity asset feasibility implementation considerations operating assumptions repayment risk and adequacy of supporting documentation.
• Prepare clear underwriting narratives financial summaries risk assessments issue papers and recommendation materials for both technical and non-technical audiences.
• Work in a team environment with other underwriters business intelligence analysts project managers and client stakeholders to contribute to overall processing goals and consistent application review standards.
• Monitor assigned application reviews and promptly support new submissions revised materials resubmittals and client requests.
• Communicate analysis in oral and written formats to respond to immediate short-term and long-term client and colleague requests.

Requirements for this position include:

• A bachelors degree in finance accounting economics business public policy energy policy engineering or a similar program.
• Two to four years of experience in financial underwriting credit analysis commercial lending project finance infrastructure finance public finance energy finance federal loan or grant program support or a similar analytical role.
• Strong understanding of financial statements cash flow analysis credit risk repayment capacity financial ratios asset-level budgets and documentation review.
• Ability to evaluate capital budgets financing assumptions operating projections sources and uses of funds and borrower or sponsor financial capacity.
• Working knowledge of energy utility or infrastructure asset considerations such as capital cost drivers operating costs revenue assumptions useful life resiliency maintenance needs system reliability and long-term financial sustainability.
• Ability to identify document and communicate financial credit operational implementation and documentation risks in a clear and organized manner.
• Excellent analytical and technical writing skills including grammar editing and proofreading skills to complete underwriting narratives financial summaries risk assessments and recommendation materials.
• Proficiency with Microsoft Excel Word and PowerPoint including the ability to work with financial schedules summarize quantitative results and prepare polished written deliverables.
• Strong organizational skills attention to detail and ability to manage multiple application reviews or underwriting assignments at the same time.
• Ability to work collaboratively with colleagues and clients and communicate effectively in technical and non-technical settings.

Preferred qualifications include:

• Experience supporting federal lending grant credit loan guarantee or financial assistance programs including application review underwriting credit assessment or portfolio support.
• Familiarity with energy utility infrastructure clean energy electric cooperative public power Tribal community-serving or rural asset finance.
• Experience reviewing renewable generation battery energy storage electric distribution or transmission grid modernization utility system or other infrastructure assets.
• Experience preparing underwriting packages credit memoranda financial risk assessments loan committee materials recommendation memoranda or client-facing decision-support materials.
• Ability to assess both quantitative financial metrics and qualitative asset risks including applicant capacity implementation risk documentation quality asset readiness operating assumptions reasonableness of costs and long-term sustainability.
• Familiarity with infrastructure or project finance concepts including sources and uses of funds debt service coverage repayment capacity operating projections reserve assumptions useful life considerations and sensitivity considerations.
• Ability to translate financial technical and asset-level information into clear narratives that support sound financing and program decisions.

If we select you to move forward you can expect to interview with Summits underwriting and project leadership staff to discuss your experience as it relates to our business needs including your financial analysis experience writing skills underwriting judgment ability to evaluate asset and borrower risks and ability to support energy and infrastructure finance work.

If selected you must be willing to submit to a background check and complete any client-required suitability or onboarding process. Summit strives to ensure that our career website and application process are accessible to all including individuals with disabilities. If you are a qualified individual with a disability or a disabled veteran and need a reasonable accommodation please contact Summit Human Resources.

Summit is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin protected veteran status disability status or any other legally protected status.

EEO is the law. Information on protections under Federal Law from discrimination is available from the U.S. Department of Labor.

Required Experience:

Junior IC