Lead the analysis on new and existing infrastructure and project finance transactions in different sectors.
Perform analysis both at the equity and the debt level. The analysis involves quantitative and qualitative aspects and may require visiting project sites around Europe.
Proficiently study project agreement, associated contracts and in general all relevant documentation, in the context of the legal framework, as well as key project parties, their roles and incentives to identify structural strengths and weaknesses of the credit exposure to be rated.
Define stress assumptions for the assessment of performance under credit impairment event scenarios.
Modify and run project cash-flow models to incorporate the relevant stresses and obtain the stressed expected loss on rated instruments under different scenarios.
Contribute to building a strong analytical framework for infrastructure and project finance by defining the application of Scope’s project finance rating methodology to different sectors and project types.
Produce opinionated rating reports and sector research, demonstrating Scope’s fundamental understanding of credit risk in the context of infrastructure and project finance and its trends.
Participate in rating committees as a lead analyst or independent member.
Support investor, issuer and sponsor outreach, presenting and explaining Scope’s methodology and analytical approach at meetings, conferences and dedicated workshops.
Act as primary point-of-contact for at least one relevant project finance sector (e.g. energy, infrastructure, transportation, social infrastructure), with both internal and external counterparts.