About RE-volv
At RE-volv, we work to provide access to solar energy to nonprofits across the country that serve underinvested communities that otherwise could not go solar, while training the next generation of solar energy leaders in the process.
Want to help? Explore our job openings below and apply to join the team! We look forward to working with you to spread solar and bring the benefits of clean energy to nonprofits in communities that need it most.
Job OpeningsJob Openings
Lending and Finance Analyst
To apply, please submit your resume and a brief cover letter with salary requirements via email to [email protected]. See further instructions in the "How to Apply" section below.
The Role
RE-volv is hiring an experienced lending and finance analyst to support our end to end clean energy lending operations from origination through servicing. This role will also support financial modeling at both a portfolio level, as RE-volv raises additional capital from impact investors, and at a project level, for solar financing from RE-volv (loans, PPAs, and leases) to nonprofits. There is high growth potential for this role with the ability to also step into Financial Planning & Analysis (FP&A) and Accounting workstreams as well.
We are looking for a lending analyst with at least 3-5 years of CDFI lending experience who can manage the details required to ensure accuracy and efficiency for our customers during the lending and servicing processes and maintain portfolio compliance reporting for our multiple investors and the CDFI Fund. This is the ideal role for someone with strong lending experience looking for additional exposure to capital raising, strategic financial planning, and process development experience at a growing clean energy CDFI.
About RE-volv
RE-volv is a leading clean energy access nonprofit that develops and finances solar plus storage projects for community-based nonprofit organizations across the country. To date, RE-volv has financed over $20 million of nonprofit solar projects across 20 states, helping our clients save over $40 million on their electricity bills. RE-volv is an emerging CDFI focused on deploying capital for clean energy projects in CDFI investment areas. RE-volv has multiple private and public capital sources and is continuing to grow its investor base to bring solar to more nonprofits.
Position Details
This is a full-time position, fully remote. Compensation includes an annual salary commensurate with experience, benefits, and generous paid time off. RE-volv provides the last Friday of every month off for personal care, which we call RE-charge Days. Position starts as soon as possible.
Key Responsibilities
1. Loan Originations (40%)
- Underwriting: Perform due diligence review and evaluation of loan requests per loan policy, including analyzing cash flow projections and borrower financial statements.
- Credit Memo: In consultation with the Solar team, prepare a credit memo and secure the appropriate level of approvals from internal staff and the loan committee.
- Process Oversight & Closing: Coordinate with the Solar team to ensure all steps of the lending process are properly completed and all documents are compiled for closing. Coordinate with legal counsel and borrowers to prepare and review loan agreements and obtain all necessary signatures.
- Product Development: Support RE-volv in periodically updating its solar financing products based on latest market conditions and the needs of our clients.
2. Loan Servicing & Portfolio Management (30%)
- Payment Processing: Coordinate with the Solar team and outsourced AP to ensure construction draws/payments are properly issued after lien releases are secured and installer work has been properly completed.
- Invoicing and Collections Oversight: Manage our outsourced Accounts Receivable team to ensure accurate invoicing and timely collections. Support delinquency management if needed.
- Portfolio Monitoring: Conduct annual borrower performance reviews to ensure borrower is in compliance with their RE-volv loan and that RE-volv is in compliance with its funders. Coordinate with the Asset Management team to understand the latest solar and storage asset performance.
- Loan Loss Reserve Management: Manage the quarterly process to ensure proper loan loss reserves are recorded by the accounting team.
3. Investor Relations & Finance Support (30%)
- Asset & Liability Tracking: Maintain overall asset & liability tracking and forecasting models for RE-volv.
- Fund Models & Capital Raising Support: For both existing and new funds, provide modeling support and prepare diligence request responses to investors.
- Investor Impact Reporting: Validate accuracy of financial and impact fields in Salesforce and merge with financial system data to ensure timely and accurate investor reporting.
- Investor & CDFI Fund Compliance: Compile and ensure timely reporting to investors and the CDFI Fund and monitor loan pipeline and balance sheet to ensure all metrics and covenants are met.
- Cash Forecasting: Support period restricted and unrestricted cash forecasting for the organization at the entity level.
- Process Improvement: Assist the solar team and outsourced AR/AP team in refining checklists and workflows to make our lending and finance processes more streamlined and efficient.
Skills and Qualifications
- Experience: 3-5+ years of CDFI lending experience in credit analysis, underwriting, loan processing or capital raising at a CDFI or mission-driven community lender. Experience with managed fund operations, solar financing, accounting, financial planning & analysis and/or investor relations are a plus.
- Education: Bachelor's degree, preferably in finance, accounting, economics or related field
- Software Experience: Salesforce, Sage Intacct, bill.com, Excel and Google Sheets proficiency are key for this role. Experience leading a loan software implementation is a plus
- Compliance & Risk Management Mindset: A focus on adherence to the loan policy, disclosure requirements and covenant requirements while exercising sound judgment to safeguard the portfolio and support borrower success.
- Organization, Communication & Prioritization: From file management across multiple loans and juggling investor requests, strong organization and prioritization is required along with clear communication to all stakeholders and the ability to translate complex financial concepts for various audiences.
- Efficiency with Attention to Detail: Leverage software and critical thinking to complete tasks quickly and accurately
- Analytical & Financial Modeling: Able to analyze key metrics and financial data trends to guide organizational decisions, with proven experience in developing and maintaining complex financial models for forecasting, fund tracking, and project pricing (e.g., PPAs/Leases).
- Mission Alignment: Demonstrated commitment to promoting renewable energy, climate justice, and building an equitable and sustainable society through broader access to capital.
- Process Development & Implementation: Skilled at developing and implementing improvements to an organization's financial & lending policies, systems and procedures that can scale.
- Team-Player Mentality: Willingness to support ad-hoc tasks and assist colleagues across departments to support our nonprofit mission. Contribute to the optimistic and collaborative attitude of the team.
Equal Opportunity
RE-volv is strongly committed to equality of opportunity and provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, veterans status, genetics or other protected category. We endeavor to build a workplace environment that is welcoming and inclusive for everyone. Women, minorities, individuals with disabilities and veterans are strongly encouraged to apply.
How to Apply
Please submit your resume and a brief cover letter with salary requirements via email to [email protected] and note where you found out about the role. Please write “Lending and Finance Analyst Application - Last Name, First Name” in the subject line.
Careers
Work that makes a difference
RE-volv empowers people to bring clean energy to their communities. We envision a world where people are thriving in communities powered by clean energy.
