Credit Manager - Renewable Energy

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This range is provided by Farmer Mac. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

$/yr - $/yr

Farmer Mac’s Infrastructure Finance team is a fast‑paced, knowledgeable, mission‑oriented team lending to organizations that finance renewable energy project finance transactions, power and utility entities and broadband companies, in addition to providing wholesale lending to a select group of financial institutions. Infrastructure Finance has delivered significant growth and is a crucial business in the execution of Farmer Mac’s strategic plan. The segment’s focus is on deepening existing client relationships, developing new customer relationships, and diversifying the products offered to clients.

The Credit Manager will lead the underwriting function of new loan opportunities, oversee the preparation of analytical credit recommendations, direct sensitivity modeling, and manage portfolio activities related to the Renewable Energy segment. This role includes maintaining and expanding industry knowledge with an emphasis on renewable energy, developing and sustaining key relationships with customers and business partners, and mentoring Credit Underwriters to ensure high performance and professional growth.

The Credit Manager will also collaborate across internal teams to facilitate credit approval and post‑approval processes and contribute to new product innovation. This position is expected to immediately impact the growth of Farmer Mac’s Renewable Energy segment and significantly advance the company’s strategic objectives and initiatives.

The Credit Manager will report directly to the Senior Director – Credit Underwriting. This highly visible position will have regular interaction with the Senior Managing Director of Infrastructure Finance, Managing Director of Renewable Energy, Relationship Managers, Transaction Management, and Farmer Mac’s internal and external counsel. The Credit Manager will also engage frequently with the Farmer Mac credit committee, including the Chief Credit Officer, and with Farmer Mac clients.

The position can be remote or based in Farmer Mac’s Washington, DC or Johnston, IA, locations. Work outside of core hours may be required for planned and unplanned activities to complete time‑sensitive projects or to attend off‑site meetings or events.

• Lead the underwriting function and assist with the portfolio management function for renewable energy transactions, serving as a primary point of contact for clients and internal stakeholders.
• Manage and mentor a team of Credit Underwriters, overseeing training initiatives and career development, while cultivating a high‑performance culture focused on excellence and continuous improvement.
• Independently review and analyze complex transactions across the U.S. project finance landscape, with a focus on renewable energy.
• Critically evaluate potential transactions, including deal structure, counter parties, technology, contracts, and financial models.
• Oversee the review of loan documentation and consultant reports, advising on structural considerations and risk mitigation.
• Review and help prepare the delivery of high‑quality credit presentations and recommendations to the credit committee, supporting new or incremental credit exposure.
• Collaborate with Relationship Managers, Transaction Management, Loan Operations, and Legal to ensure seamless transaction execution.
• Review credit memos and work with deal team to obtain approval and close the transaction.
• Support an existing portfolio of borrowers, monitor financial performance, report on covenant compliance, and maintain accurate risk ratings.
• Support annual portfolio reviews, including risk rating rationale, and manage portfolio credit actions such as amendments, waivers, and consents.
• Oversight, review, train and develop Power and Utilities credit underwriting segment.
• Maintain up‑to‑date knowledge of industry trends, market conditions, and regulatory…