This position is at the NY Green Bank, a division of NYSERDA. NY Green Bank is a globally recognized sustainable investment fund. Its mission is to accelerate clean energy deployment in New York State in alignment with the Climate Act.
NY Green Bank collaborates with the private sector to transform financing markets. It also develops transaction structures and methodologies that overcome typical clean energy investment barriers and can serve as replicable models for other capital providers.
New York is leading the nation in the fight on global climate change and the transition to a clean energy-powered economy. The Climate Leadership and Community Protection Act (Climate Act) has created the most aggressive climate change goals in the nation and requires an ambitious agenda that blends proven catalysts with innovative approaches while operating across a broader energy arena that is rapidly evolving. New York State Energy Research & Development Authority (NYSERDA) is a driving force in realizing this agenda. NYSERDA works with stakeholders that span residents, business owners, developers, community leaders, local government officials, universities, utilities, investors, entrepreneurs, and more, to develop, invest, and foster conditions that:
- Attract the private sector capital investment needed to expand New York’s clean energy economy.
- Overcome barriers to using clean energy at a large-scale in New York.
- Enable New York’s communities and residents to benefit equitably from energy efficiency and renewable energy.
Job Overview
The Vice President, Legal and Regulatory Affairs will report directly to NYGB’s Managing Director, Legal and Regulatory Affairs. The Vice President, Legal and Regulatory Affairs is charged with anticipating issues, evaluating risks and solving complex problems in ways that advance NYGB’s mission. Specifically, the Vice President, Legal and Regulatory Affairs is responsible for reviewing and (in coordination with external counsel) negotiating transaction documents, advising NYGB team members on legal issues in relation to those transactions and researching and providing legal advice on internal operations and procedures matters and on regulatory matters.
Primary Responsibilities
- Providing NYGB with effective legal advice regarding business and strategic issues
- Ensuring that NYGB complies with applicable laws and regulations, including by providing NYGB senior management with relevant research and analysis
- Working with outside counsel
- Handling routine documentation requests, e.g. NDAs, Engagement Letters, LOIs
- Working with NYGB senior management and its Strategy and Communications team to manage applications for federal government funding under the Inflation Reduction Act
- Participating in discussions, analysis, credit and document review, management and execution of active transactions, including reviewing due diligence and documentation during entire lifetime of a transaction
- Reviewing and analyzing on-going portfolio management issues and documents, including waivers, amendments, and potential impairment issues
- Assisting with development and execution of procurement solicitations and contracts, including the procurement solicitation in relation to the provision of services by NYGB’s panel of external law firms; and
- Consulting and collaborating with NYGB’s Managing Director, Legal and Regulatory Affairs on material issues
Minimum Qualifications
- Doctor of Jurisprudence from an accredited college or university and be admitted to practice law in New York State for at least 3 years.
- 7-10 Years relevant experience in the following subject areas:
- Complex State regulatory and compliance matters
- Business organizations and corporate law, preferably with significant time spent negotiating and advising clients in connection with renewable energy and/or financing transactions
- Adaptable, self-starter capable of working under limited supervision as well as taking on new and unfamiliar tasks as needed while working effectively in a dynamic, fluid and fast-paced organization
- Strong analytical, negotiation and interpersonal skills; unparalleled work ethic with the ability to perform under pressure and tight deadlines, with a willingness to commit substantial time and energy to the success of NYGB
- An articulate and persuasive communicator, in both verbal and written form, who expresses ideas effectively and fluently and recognizes the importance of listening
- Resourceful problem-solver focused on pragmatic and effective solutions to complex issues, maintaining focus on the big picture while paying attention to detail
- Possession of a deep appreciation for the inter-relationship of the needs and perspectives of internal and external stakeholders in supporting the mission of NYGB
- Ability to balance legal and regulatory issues with the business and strategic needs of NYGB; combining legal experience with strong business acumen
- Ability to handle highly sensitive matters with integrity and discretion
Please submit two files, one for your cover letter and another for a resume.
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