Financial Portfolio Manager
Location
- Washington, DC Area (Hybrid)
Summit provides quantitative and qualitative solutions to help federal agencies and mission-driven organizations address complex challenges in financial management, risk management, program delivery, and analysis. Our practitioners combine technical rigor with practical implementation experience, working collaboratively with clients to support sound decisions, strengthen program operations, and improve outcomes for the communities they serve.
Summit is seeking an experienced Financial Portfolio Manager with 5 to 10 years of asset or portfolio management experience to support federal energy and infrastructure finance work. This position is based in Washington, DC. The selected applicant will contribute to asset or portfolio management, restructuring and analytical activities involving energy, utility, and infrastructure assets that support economic opportunity, system reliability, affordability, resiliency, and long-term community benefit.
The work requires the ability to evaluate asset-level financial performance, borrower or sponsor capacity, operating assumptions, repayment capacity, and the strength of supporting documentation. Direct experience with project finance and/or municipal finance transactions is preferred.
The strongest candidates will bring advanced asset or portfolio management, mature underwriting discipline, strong technical writing skills, and the ability to evaluate complex asset and borrower information in a clear, well-documented, and defensible manner. Exposure to loan restructuring preferred. Candidates should be comfortable assessing both quantitative financial indicators and qualitative considerations, including sponsor capacity, implementation risk, documentation quality, operating risk, reasonableness of assumptions, and alignment with stated financing objectives.
Primary Duties
- Lead or independently perform portfolio or asset management, loan restructuring due diligence for energy, utility, and infrastructure assets, including renewable generation, battery energy storage, electric distribution and transmission systems, grid modernization assets, and related community-serving infrastructure.
- Review and interpret financial statements and financial models, operating statements, budgets, sources and uses of funds, debt schedules, capital expenditure plans, asset-level cost documentation, and other materials to assess applicant, borrower, or sponsor capacity.
- Evaluate the financial reasonableness of asset investments, including capital costs, financing structures, projected revenues, operating expenses, repayment capacity, reserve assumptions, useful life considerations, and long-term sustainability.
- Analyze borrower creditworthiness, liquidity, leverage, operating performance, cash flow, and ability to meet proposed financing obligations, including the ability to identify and explain material credit risks.
- Identify documentation gaps, financial inconsistencies, unsupported assumptions, asset-level risks, borrower risks, and follow-up questions needed to support a complete underwriting review, and recommend practical paths for resolution.
- Assess complex financial and operational risks, including sponsor capacity, asset feasibility, construction or implementation considerations, operating assumptions, cost escalation risk, repayment risk, and adequacy of supporting documentation.
- Prepare client-ready credit narratives, financial summaries, risk assessments, issue papers, recommendation memoranda, and decision-support materials for both technical and non-technical audiences.
- Review the work of junior analysts or underwriters for accuracy, completeness, consistency, and clarity, and provide constructive feedback that improves the quality of underwriting deliverables.
- Work in a team environment with other portfolio managers, business intelligence analysts, project managers, and client stakeholders to contribute to overall processing goals and consistent application review standards.
- Communicate analysis in oral and written formats to respond to immediate, short-term, and long-term client and colleague requests, including the ability to brief key risks, assumptions, and recommendations clearly.
Minimum Technical Requirements
- A bachelor's degree in finance, accounting, economics, business, public policy, energy policy, engineering, or a similar program.
- Five to ten years of experience in financial underwriting, loan restructuring, portfolio or asset management, credit analysis, commercial lending, project finance, infrastructure finance, public finance, energy finance, federal loan or grant program support, or a similar analytical role.
- Demonstrated ability to independently evaluate complex financial statements, cash flow, credit risk, repayment capacity, financial ratios, asset-level budgets, and supporting documentation.
- Experience assessing capital budgets, financing assumptions, operating projections, sources and uses of funds, borrower or sponsor financial capacity, and the reasonableness of underlying assumptions.
- Working knowledge of energy, utility, or infrastructure asset considerations, such as capital cost drivers, operating costs, revenue assumptions, useful life, resiliency, maintenance needs, system reliability, and long-term financial sustainability.
- Ability to identify
