Director, Corporate Tax
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities, and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We're seeking a future team member for the role of Director, Corporate Tax to join our Corporate Tax team. This role is located in New York, NY-- HYBRID.
BNY is hiring a renewable energy finance professional with tax equity experience. This director-level position is within the BNY Corporate Tax Department, which originates tax equity investments at the bank.
Tax equity origination involves sourcing of opportunities, communicating with renewable energy sponsors, drafting letters of intent, negotiating definitive documentation, reviewing financial models, managing legal, financial, and technical consultants, reviewing wind and solar project operating agreements, and managing all aspects of internal and external approvals. This position could offer a lawyer the opportunity to cross to the banking side or offer a banking or energy industry professional a wider platform for managing all stages of the investment process.
In this role, you'll make an impact in the following ways:
• The candidate will assist in the origination of wind and solar tax equity financings and the management of a tax equity investment portfolio.
• Reviewing Tax equity portfolio management of wind and solar project operating reports, review of financial models, communication with sponsors, and coordination on portfolio matters with all internal and external stakeholders.
• Navigating complex legal documentation and financial data to a diverse audience. To be successful in this role, we're seeking the following:
• Bachelor's Degree Required. JD or MBA Degree is preferred.
• 5-10 years in wind and solar tax equity finance is preferred.
• Must be self-directed, intellectually curious, and have excellent communication skills. At BNY, our culture speaks for itself. Here's a few of our awards:
• America's Most Innovative Companies, Fortune, 2024
• World's Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• Best Places to Work for Disability Inclusion , Disability: IN - 100% score, 2023-2024
• Most Just Companies", Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloomberg's Gender Equality Index (GEI), 2023 Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $125,000 and $275,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.
