Associate, Project Finance & Portfolio Management
Thank you for your interest in joining Alcazar Energy! Each role at our company offers the chance to make a tangible impact on the global shift towards sustainable energy. As you consider applying, reflect on how your unique skills, passion, and vision align with our mission to innovate and energize the world responsibly.
Responsibilities:
The Associate will own day-to-day borrower-side administration of the firm's project-financed SPVs from financial close through construction and into operations. The work covers the full set of borrower obligations under a typical DFI/commercial lender financing package, including:
- Compliance monitoring — tracking and managing conditions subsequent, ongoing reporting obligations and information covenants across the Common Terms Agreement, individual Facility Agreements, Accounts Agreement, hedging documentation and project documents (EPC, BoP, TSA, TOMA, PPA, offtake and grid agreements). The Associate should be comfortable reading the underlying documents and identifying obligations directly, rather than relying on external counsel to flag them.
- CP/CS management — building and maintaining the project's CP and CS trackers, gathering and packaging evidence, and driving the satisfaction of conditions across internal teams and external counterparties.
- Drawdown and waterfall administration — preparing and submitting utilisation requests, supporting documentation packs, CP/CS evidence, and managing the project accounts waterfall (including cash sweeps, DSRA, MMRA (if applicable) and distribution mechanics).
- DSCR and lock-up monitoring — calculating forward- and backward-looking DSCRs, LLCRs and other lender-defined ratios, tracking headroom to distribution lock-up triggers and providing early warning on emerging covenant risk.
- Debt service and hedging administration — coordinating interest rate fixings, EURIBOR/SOFR resets, interest and principal payments, swap settlements, and reconciling against the agreed re...