Vice President, Structuring Credit

pVerdant 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 benefit of institutions globally. The Structuring team screens, structures and prepares for underwriting the transactions Verdant Rock guarantees. /ph3Role overview /h3pThe Vice President will structure infrastructure finance guarantee transactions end to end, from initial analysis through structuring to a credit paper ready for underwriting. /ppWorking 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. /ph3Key responsibilities /h3ulliSupport the Principal in screening infrastructure opportunities and prepare the initial assessment of each. /liliReview sponsor financial models and, where needed, build independent models: DSCR and LLCR analysis, debt sculpting and sensitivity analysis. /liliInterpret independent engineer and other technical reports and legal due diligence reports, and translate their findings into structural protections. /liliStructure security packages and guarantee terms with the Principal. /liliDraft term sheets, structuring proposals and credit papers for Underwriting. /liliReview finance and project documents with Verdant Rock's legal counsel and track open points to closing. /liliCoordinate the deal team day to day and quality-assure analysts' output. /li /ulh3Qualifications and experience /h3ulliSix to ten years' experience in project finance at a commercial bank, DFI, financial advisory firm or rating agency. /liliMastery of financial modelling, transaction structuring and security packages. /liliAbility to interpret independent engineer and other technical reports and legal due diligence reports. /liliWorking knowledge of project finance documentation, including cash-flow waterfalls and covenant testing. /liliFluency in English; other languages are an advantage. /li /ul #J-18808-Ljbffr