Job Information
The Nature Conservancy Sustainable Debt Associate - 53930 in Keene Valley, New York
OFFICE LOCATIONArlington, Virginia, USANew York, New York, USAThis is a hybrid role. Eligible locations for this position are Arlington, VA or New York, NY. Currently, the team works two days in the office (for staff based in the Washington, DC area) and three days remotely.*Open until filled.#PDNWHO WE AREThe mission of The Nature Conservancy (TNC) is to conserve the lands and waters upon which all life depends. As a science-based organization, we develop innovative, on-the-ground solutions to the world's toughest environmental challenges so that people and nature can thrive. Our work is guided by our values, which include a commitment to diversity and respect for people, communities, and cultures. From a rewarding mission to career development and flexible schedules, there are many reasons to love life #insideTNC. Want to know more? Check out our TNC Talent playlist on YouTube to hear stories from staff or visit Glassdoor.One of TNC's primary goals is to cultivate an inclusive work environment so that employees around the globe have a sense of belonging and feel that their unique contributions are valued. We know we'll only achieve our mission by hiring and engaging a diverse staff that reflects the communities in which we work. Recognizing that people bring talent and skills that have been developed outside the scope of a job, we take a holistic approach to recruitment that considers life experience in addition to the professional requirements listed in our postings. Please apply - we'd love to hear from you. To quote a popular saying at TNC, "you'll join for the mission, and you'll stay for the people."WHAT WE CAN ACHIEVE TOGETHERThe Impact Finance & Markets division (IFM) at The Nature Conservancy (TNC) provides technical and strategic leadership to create transformational impact with the private sector by translating the value of nature and conservation approaches into actionable, science-based strategies that can help solve societal challenges. The Sustainable Debt Team (a sub-team of IFM) collaborates with TNC's global conservation teams and country offices to help achieve TNC's 2030 goals by structuring and implementing sovereign debt solutions that generate new funding for conservation and enable governments to make and achieve ambitious conservation policy commitments, such as in the 2021 Blue Bond in Belize and the 2022 Blue Bond in Barbados.The Sustainable Debt Associate will be a core member on several multidisciplinary transaction deal teams working to develop and implement sovereign debt transactions focused on conservation outcomes. They will engage in all aspects of deal origination, structuring, and negotiation, as well as internal approvals, capital raising, and investor relations. Key responsibilities shall also include developing flexible and transparent financial models (including the incorporation of credit enhancements and blended finance), performing due diligence and risk assessments, drafting internal and external information memoranda, and structuring and closing deals. The initial focus of the position will be to support senior transaction leads (Director level) and contribute to the entire deal development and closing process, with the aim of eventually taking ownership over specific transactions with Director or Managing Director oversight. The Associate will generally be supported by an Analyst and/or Project Coordinator on each deal team.The Sustainable Debt Associate will report to the Managing Director, Sustainable Debt. Eligible locations for this position are Arlington, VA, USA or New York, NY. Currently, the Team has a hybrid working model: two days in the office (for Washington, DC area based staff) and three days remotely.TNC bases our salaries on location and experience. The starting pay range for a candidate selected for this position is generally within the range of $110,000- $125,000 for annual base salary. This range only applies to candidates whose country of employment is the USA. Where a successful candidate's actual pay will fall within this range will be based on a variety of factors, including, for example, the candidate's location, qualifications, specific skills, and experience.WE'RE LOOKING FOR YOUThe Sustainable Debt Associate will be involved with Sustainable Debt transactions from initial scoping to final negotiations and financial close. They will play a key role in meeting TNC's strategic priorities through sustainable debt transactions with emerging market sovereign partners. The Associate will collaborate with staff across The Nature Conservancy, including Sustainable Debt Team Directors and Project Managers, Regional and Country Directors, Global Protect, Climate, and other central teams, government relations associates, lead scientists, and senior management, as well as partner organizations, such as multilateral and bilateral institutions, capital market investors, investment banks, and national governments. The Associate will bring sophisticated business, financial, credit, and economic analysis, and structured finance expertise, including financial modeling, pitch deck creation, credit/information and internal approval memorandum drafting experience, due diligence, deal structuring, and negotiation skills to the design and implementation of this work. They will approach all work with a spirit of collaboration and respect for colleagues and partners across geographies, cultures, and subject matter expertise.RESPONSIBILITIES & SCOPEAssists the origination and closing of multiple sovereign debt transactions (each expected to be $100+ MM) with oversight by Sustainable Debt Directors.Develops, audits, and maintains complex financial models working with the Team's analysts.Develops content for internal and external audiences, including drafting pitch decks, internal approval and external disclosure memos.Supports communications and relationship management with financial institutions, credit enhancers, and other external partners as needed.Performs due diligence and risk assessments.Works collaboratively with staff from Global Protect and other global TNC teams and regional/country staff to ensure the work is strategically aligned and well-integrated across the organization.Participates in negotiations of complex, high profile or sensitive agreements associated with the transactions.Over time, ability to act independently and exercise reasonable judgment to identify and solve complex problems.Ensures programmatic commitments, TNC policies and procedures, financial standards and legal requirements are met and managed for compliance.Travel associated with this position may be up to 20% of the time with a ramp-up period.WHAT YOU'LL BRINGBachelor's degree and 5 years' experience in a private sector environment, such as management consulting and investment banking, or with a leading conservation organization or government entity, or equivalent combination of education and experience.Experience developing and implementing complex projects and strategic initiatives in an unstructured, matrixed environment.Must have played at least a supporting role in debt capital markets or related deal origination.Ability to understand financial documents of the transactions from a business/financial perspective.Experience negotiating complex legal agreements from a business/financial perspective.DESIRED QUALIFICATIONSMulti-lingual skills and/or multi-cultural experience appreciated; strong preference for fluent Spanish.Master's degree in finance, business, or related fields.Strong team player who can build relationships and work collaboratively across the organization and with Conservancy partners.Experience working with governments, multilateral/bilateral institutions, and debt capital markets/investment banks.Ability to work on multiple workstreams in an efficient manner.Outstanding analytical and project management capabilities.Superior written and oral communications.Experience working with and within globally diverse teams, preferably on financial transactions.