Project Specialist III / Project Specialist II - Global Renewable Energy Credit
Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
The Engineer / Project Engineer will provide independent technical analysis and risk assessment for debt and tax equity financing across a diverse portfolio of energy and infrastructure assets. These include wind generation, solar across all scales (residential, commercial, utility), battery energy storage systems, data centers, conventional power, and emerging energy/power technologies.
Responsibilities:
- Perform detailed technical due diligence to evaluate project feasibility and identify design, construction, budget, schedule, contractual, and operating risks, including preparation of formal technical memoranda
- Review project design documents, technical specifications, schedules, and construction methodologies for reasonableness and compliance with industry standards
- Validate technical and economic assumptions in financial models and collaborate with deal teams to develop and review sensitivity analyses
- Coordinate with and manage work performed by independent engineering and technical consulting firms
- Monitor the technical performance of portfolio assets (e.g., generation, availability, O&M expenses, and major technical issues)
- Partner with Portfolio Management on construction monitoring, post-COD performance reviews, and asset risk assessments
- Support Origination teams by assisting with early-stage technical pre-screening of potential transactions
- Evaluate and qualify equipment vendors, EPC contractors, and operators across multiple project types
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Required Qualifications:
- 5+ years minimum experience in energy storage, engineering design, construction management, operations, owner's engineering and or technical consulting for energy or infrastructure assets
- Strong understanding of project development, construction, and operational risks across renewable energy and related infrastructure sectors
- Excellent written, verbal, and presentation skills, with the ability to clearly communicate complex technical concepts to non-technical stakeholders
- Demonstrated ability to manage multiple transactions or workstreams simultaneously in a fast-paced environment
- Proven client and stakeholder management capabilities
Desired Qualifications:
- A bachelor's degree in engineering or science (electrical preferred; mechanical, power or renewable energy systems, or other energy-related disciplines acceptable)
- Energy Storage experience and or Data Center experience is a plus
Skills:
- Business Acumen
- Loan Structuring
- Product Management
- Risk Management
- Coaching
- Consulting
- Decision Making
- Influence
- Result Orientation
- Credit Documentation Requirements
- Portfolio Analysis
- Regulatory Compliance
- Stakeholder Management
- Underwriting
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100), US - RI - Providence - 1 Financial Plz - 1 Financial Plaza (RI1537)
Pay and benefits information
Pay range
$125,000.00 - $200,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
Perks and Benefits
Health and Wellness
- FSA
- HSA
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- Pet Insurance
- Mental Health Benefits
Parental Benefits
- Non-Birth Parent or Paternity Leave
- Birth Parent or Maternity Leave
- Adoption Assistance Program
- Adoption Leave
- Family Support Resources
Work Flexibility
Office Life and Perks
Vacation and Time Off
- Leave of Absence
- Personal/Sick Days
- Paid Holidays
- Paid Vacation
- Sabbatical
- Volunteer Time Off
Financial and Retirement
- 401(K) With Company Matching
- 401(K)
- Financial Counseling
Professional Development
- Tuition Reimbursement
- Internship Program
- Associate or Rotational Training Program
- Mentor Program
- Access to Online Courses
Diversity and Inclusion