Careers

Job Description 

Position:  Director, PACE Transactions

Location:  Remote; candidate must reside in Texas

Organization Type:  Nonprofit (Small Organization)

Salary Range:  $75,000 - $90,000 commensurate with transaction and management experience.  Health and retirement benefits provided.

Job Overview:  Texas PACE Authority (TPA) seeks a skilled Transaction Director to play a pivotal role in our statewide PACE financing program. The successful candidate will be responsible for overseeing a team of transaction underwriters to meticulously process and underwrite PACE loans, ensuring they meet the technical, financial, legal, and programmatic standards required by the Texas PACE program. This role demands a blend of management experience, expertise in underwriting, knowledge of energy efficiency and renewable energy projects, and a deep understanding of the Texas PACE program's guidelines. The manager must be mission driven, working collaboratively to blend transaction processing expertise in a public service environment.

Key Responsibilities:

1. Loan Processing and Underwriting:
   • Thoroughly review PACE loan applications, verifying all necessary documentation for completeness and accuracy.
   • Conduct in-depth underwriting assessments, focusing on technical feasibility, financial stability, and legal compliance of each project.
   • Make informed decisions on loan approvals, ensuring alignment with Texas PACE Authority's standards and objectives.
2. Risk Analysis and Mitigation:
   • Develop strategies to mitigate identified risks while advancing the goals of the PACE program.
3. Regulatory Compliance and Documentation:
   • Ensure all underwriting processes adhere to state statute, regulations, and Texas PACE Authority's policies, and industry best practices
   • Maintain meticulous records and provide comprehensive reports on underwriting activities and decisions.
4. Collaboration and Communication:
   • Work closely with both internal and external stakeholders to ensure a seamless and efficient loan processing experience.
   • Offer guidance and support to applicants on navigating the PACE loan requirements and application process.

Qualifications:  The ideal candidate will have a:

• Bachelor’s or Associate degree in finance, business administration, or related field.
• Proven experience in loan underwriting, preferably within the PACE program or related commercial real estate financial services.
• Familiarity with energy efficiency, renewable energy and/or water conservation project financing.
• Exceptional analytical and problem-solving skills, coupled with strong attention to detail.
• Impeccable customer service; working closely with applicants, stakeholders, and others
• Excellent organizational skills with the ability to manage a remote dedicated team and multiple priorities.
• Team player with the ability to work collaboratively, and communicate effectively
• Remote team Management experience
• Salesforce experience preferred

About Texas PACE Authority: TPA is a growing, award winning 501(c)(3) organization committed to promoting sustainable energy and water solutions through innovative PACE financing programs it administers for 97 local governments in Texas. TPA has facilitated almost $500 million in PACE financing. 

Our Commitment:  As a small nonprofit organization, TPA is dedicated to having a transformative impact on the economy and environment in the communities we serve. Our commitment to diversity, equity, and inclusion ensures that you will be part of a dynamic and supportive team that values your unique contributions.  We encourage you to apply. To apply, please send resume and cover letter to admin@texaspaceauthority.org.