Vice President, Structuring Credit - Infrastructure Finance
Location: Milan (EMEA)
About Verdant Rock
Verdant Rock Limited is a Bermuda-based insurer, regulated by the Bermuda Monetary Authority as a Class 3B insurer and rated BBB+ (Stable) by Fitch Ratings and A (low) by Morningstar DBRS. It issues irrevocable, unconditional, on-demand financial guarantees on emerging-market debt exposures, designed to qualify as eligible credit protection under Basel III and Solvency II, for the agevolazioni of institutions globally. The Structuring team screens, structures and prepares for underwriting the transactions Verdant Rock guarantees.
Role overview The Vice President will structure infrastructure finance guarantee transactions end to end, from initial analysis through structuring to a credit paper ready for underwriting.
Working within the Principal's team, the role carries responsibility for the detailed credit and model analysis on each transaction, day-to-day coordination of the deal team and early escalation of issues that affect credit quality.
Key responsibilities
▪ Support the Principal in screening infrastructure opportunities and prepare the initial assessment of each.
▪ Review sponsor financial models and, where needed, build independent models: DSCR and LLCR analysis,
debt sculpting and sensitivity analysis.
▪ Interpret independent engineer and other technical reports and legal due diligence reports, and translate their findings into structural protections.
▪ Structure security packages and guarantee terms with the Principal.
▪ Draft term sheets, structuring proposals and credit papers for Underwriting.
▪ Review finance and project documents with Verdant Rock's legal counsel and track open points to closing.
▪ Coordinate the deal team day to day and quality-assure analysts' output.
Qualifications and experience
▪ Six to ten years' experience in project finance at a commercial bank, DFI, financial advisory firm or rating agency.
▪ Mastery of financial modelling, transaction structuring and security packages.
▪ Ability to interpret independent engineer and other technical reports and legal due diligence reports.
▪ Working knowledge of project finance documentation, including cash-flow waterfalls and covenant testing.
▪ Fluency in English; other languages are an advantage.
Desirable
▪ Exposure to emerging markets.
▪ Experience at a rating agency.
About Verdant Rock
Verdant Rock Limited is a Bermuda-based insurer, regulated by the Bermuda Monetary Authority as a Class 3B insurer and rated BBB+ (Stable) by Fitch Ratings and A (low) by Morningstar DBRS. It issues irrevocable, unconditional, on-demand financial guarantees on emerging-market debt exposures, designed to qualify as eligible credit protection under Basel III and Solvency II, for the agevolazioni of institutions globally. The Structuring team screens, structures and prepares for underwriting the transactions Verdant Rock guarantees.
Role overview The Vice President will structure infrastructure finance guarantee transactions end to end, from initial analysis through structuring to a credit paper ready for underwriting.
Working within the Principal's team, the role carries responsibility for the detailed credit and model analysis on each transaction, day-to-day coordination of the deal team and early escalation of issues that affect credit quality.
Key responsibilities
▪ Support the Principal in screening infrastructure opportunities and prepare the initial assessment of each.
▪ Review sponsor financial models and, where needed, build independent models: DSCR and LLCR analysis,
debt sculpting and sensitivity analysis.
▪ Interpret independent engineer and other technical reports and legal due diligence reports, and translate their findings into structural protections.
▪ Structure security packages and guarantee terms with the Principal.
▪ Draft term sheets, structuring proposals and credit papers for Underwriting.
▪ Review finance and project documents with Verdant Rock's legal counsel and track open points to closing.
▪ Coordinate the deal team day to day and quality-assure analysts' output.
Qualifications and experience
▪ Six to ten years' experience in project finance at a commercial bank, DFI, financial advisory firm or rating agency.
▪ Mastery of financial modelling, transaction structuring and security packages.
▪ Ability to interpret independent engineer and other technical reports and legal due diligence reports.
▪ Working knowledge of project finance documentation, including cash-flow waterfalls and covenant testing.
▪ Fluency in English; other languages are an advantage.
Desirable
▪ Exposure to emerging markets.
▪ Experience at a rating agency.