Vice President, Capital Markets

Vice President, Capital Markets

FLSA Classification: Exempt

Salary Range: $290,000 - $310,000 plus bonus and incentive stock options

Reports to: Chief Financial Officer

Location: Hybrid in our Brooklyn office preferred, Remote with regular travel to Brooklyn will be considered

About The Company:

NineDot's name derives from the classic mathematical puzzle for sparking out-of-the-box solutions. As a leading community-scale, clean energy developer with a growing portfolio of projects across a range of technologies, NineDot Energy is creating innovative energy solutions that support a more resilient electric grid, deliver economic savings, address environmental justice, and reduce carbon emissions. We plan to develop, build and operate more than 400 MW of clean energy systems by 2026 that will strengthen the local power grid infrastructure and provide clean, reliable and resilient power to tens of thousands of New York households and businesses. This is all in support of New York State’s mission to achieve 100% clean energy by 2040.

With the backing of Manulife Investment Management and The Carlyle Group - two of the world’s leading infrastructure investors - NineDot is continuing to expand its core battery energy storage pipeline, deliver enhanced products and services, explore new regions and consider potential acquisitions all to advance the decarbonization of New York’s grid. This is an exciting opportunity to build a platform from the ground-up with a world-class team of developers and innovators. NineDot is committed to building a company that exemplifies diversity, equity and inclusion values in its team culture, as well as business practices and community engagement.

Job Summary

Reporting to the Chief Financial Officer, the Vice President, Capital Markets will play a critical role in driving the company's financial strategy, capital raising efforts, and investor relations. This executive will be responsible for the strategic leadership of the financial strategy, project finance, tax equity, project investment, and structured finance for our battery energy storage development.

To be successful in this role, extensive direct experience in relevant tax equity and debt financings is required, with a deep network of existing relationships within the investment community to be able to execute financings at the best possible terms.

Roles and Responsibilities

• Works with senior executives to establish financial and strategic goals for the organization, including financing and investment strategies.
• Negotiate and structure financing deals to ensure favorable terms and conditions for the company.
• Spearhead company's efforts in project financing of battery projects, including overseeing debt, tax equity, and equity financing.
• Develop new relationships and maintain existing relationships with third-party capital providers.
• Represent the company in exploring new financing opportunities, including creative pre-construction and corporate financing structures.
• Develop performance measures that support the company's strategic direction.
• Understand and mitigate key elements of financial risk.
• Construct and monitor reliable structured finance control systems.
• Ensure structured finance activities comply with all legal and regulatory requirements.
• Build and maintain relationships with existing and potential investors including the preparation and delivery of presentations, reports, and communications to the investment community.
• Monitor capital markets, economic trends, and regulatory changes to identify opportunities and risks, providing strategic insights and recommendations based on market analysis.
• Lead, mentor, and develop the Capital Markets team fostering a culture of high performance, collaboration, and continuous improvement.
• Ensure compliance with financial regulations and manage financial risks associated with capital markets activities; including, implementing best practices for financial governance and risk management.
• Collaborate with internal stakeholders, including the CFO, CEO, SVP Project Development & Construction, and Board of Directors, to align capital markets strategies with the company’s overall business objectives.

Competencies for Success

• Problem Solving - Uses rigorous logic and methods to solve difficult problems with effective solutions; conducts excellent and honest analysis; looks beyond the obvious and doesn’t stop at the first answer.
• Interpersonal Savvy - Able to relate well to all individuals within and beyond the organization; builds appropriate rapport along with constructive and effective relationships; uses diplomacy and tact.
• Perseverance - Pursues everything with energy, drive, and a need to finish; seldom gives up before finishing, especially in the face of resistance or setbacks.
• Dealing With Ambiguity - Can effectively cope with change and shift gears comfortably; can decide and act without having the total picture.
• Creativity - Capable of coming up with new and unique ideas; easily makes connections among previously unrelated notions.
• Technical Learning - Picks up on technical things quickly, capable of learning new skills and knowledge, good at learning new industry, company, product, or technical knowledge.
• Intellectual Horsepower - Demonstrated ability to deal with concepts and complexity comfortably; described as intellectually sharp, capable, and agile.
• Developing Direct Reports and Others - Provides challenging and stretching tasks and assignments; holds frequent development discussions; cooperates with the developmental system in the organization; is a people builder.
• Building Effective Teams - Creates strong morale and spirit in his/her/their team; shares wins and successes; fosters open dialogue; lets people finish and be responsible for their work; creates a feeling of belonging in the team.
• Innovation Management - Is good at bringing the creative ideas of others to market; has good judgment about which creative ideas and suggestions will work; has a sense about managing the creative process of others; can project how potential ideas may play out in the real world.
• Planning - Accurately scopes out length and difficulty of tasks and projects; sets objectives and goals; breaks down work into the process steps; anticipates and adjusts for problems and roadblocks; measures performance against goals; evaluates results.
• Drive for Results - Can be counted on to exceed goals successfully; is constantly and consistently one of the top performers; very bottom-line oriented; steadfastly pushes self and others for results.
• Strategic Agility - Sees ahead clearly; can anticipate future consequences and trends accurately; has broad knowledge and perspective; is future-oriented; can articulate and paint credible pictures and visions of possibilities and likelihoods; can create competitive and breakthrough strategies and plans.
• Managing Through Systems - Can design practices, processes, and procedures that allow managing from a distance; is comfortable letting things manage themselves without intervening; can make things work through others without being there; can impact people and results remotely.
• Managing Vision and Purpose - Communicates a compelling and inspired vision or sense of core purpose; talks beyond today; talks about possibilities; is optimistic; creates mileposts and symbols to rally support behind the vision; makes the vision shareable by everyone; can inspire and motivate entire units or organizations.

Required Education and Experience

• Bachelor’s degree in Finance, Economics, Business Administration, or a related field. MBA or advanced degree preferred.
• Minimum of 10 years of experience in capital markets, investment banking, or M&A, with a significant portion spent in the renewable energy sector.
• Deep understanding of financial instruments, capital markets, and financing structures with expertise in tax equity and debt financing transactions.
• Proven track record of negotiating and structuring deals in the renewable energy space.
• Demonstrated leadership experience with the ability to inspire and manage a high-performing team.
• Excellent verbal and written communication skills, with the ability to effectively present to and engage with investors, financial institutions, and senior executives.
• Strong network of contacts within the investment community and a proven track record of successful capital raising efforts.
• Strong analytical and strategic thinking skills.
• In-depth knowledge of financial regulations and compliance requirements.
• Strong problem-solving and decision-making skills with the ability to manage multiple priorities in a fast-paced environment.

Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions

Affirmative Action/EEO statement

We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.