Associate, Structuring – Tax/Preferred Equity

This is a fully remote position, open to applicants in United States, +1 more country.

📋 Description

• Assist in the screening and underwriting of new opportunities, which includes conducting initial reviews and pre-pricing evaluations.

• Maintain and update financial models for tax/hybrid and preferred equity transactions.

• Create investment documentation for the Investment Committee, detailing transaction economics, sensitivities, and risk assessments.

• Collaborate with senior members of the Structuring team to advance transactions from initiation to closure.

• Evaluate sponsor financials, project contracts, and due diligence materials to pinpoint risks and value drivers.

• Leverage technology and AI-powered tools to enhance modeling, due diligence, and reporting accuracy and efficiency.

• Participate in process enhancements and the standardization of models, IC memos, and term sheets.

• Assist with limited external communications with developers, investors, and advisors under the direction of senior staff.

• Aid in portfolio management and reporting, including tracking project performance against underwriting standards.

• Contribute to initiatives aimed at scaling tax equity workflows and developing technology-enabled financing products and solutions.

⛳️ Requirements

• A bachelor's degree in Finance, Economics, Engineering, or a related discipline.

• At least 2+ years of experience in renewable energy, structured finance, infrastructure investing, investment banking, or a closely related field.

• Familiarity with tax equity, project finance, or other structured renewable energy transactions.

• Proficient financial modeling and structuring capabilities.

• Strong understanding of core valuation and return principles.

• Advanced Excel skills and the ability to construct and navigate complex financial models.

• Experience in preparing transaction documentation and performing due diligence.

• Knowledge of tax equity structures, including partnership flip, T-flip, hybrid, and preferred equity.

• Understanding of allocations, capital accounts, and flip mechanics.

• Exceptional analytical, organizational, and communication abilities.

• Capacity to manage multiple projects in a fast-paced environment.

• Willingness to adopt new technology platforms and integrate AI tools into everyday workflows.

• FINRA SIE, Series 79, and 63 certifications, or readiness to acquire them with Crux’s broker-dealer support.

• Familiarity with IRS requirements, safe harbor tests, or recapture provisions is advantageous but not mandatory.

• An MBA or MS degree is a plus.

• Skills in VBA or Python are considered a plus.

• Experience in a transaction-oriented environment with client interaction responsibilities is an advantage.

🏝️ Benefits

• Remote-first operating model; work from any location within the US and Canada.

• Optional office locations in DC, NYC, and SF.

• Opportunities for co-working.

• Regular team retreats held twice a year.

• 100% coverage of employee healthcare premiums; 80% subsidy for dependent healthcare premiums.

• 100% coverage of employee dental and vision premiums; 80% coverage for dependents.

• Support for family planning and fertility needs.

• 16 weeks of parental leave for birthing parents.

• 12 weeks of parental leave for non-birthing parents.

• 10 company holidays each year.

• 20 days of paid time off annually.

• 401(k) account fees covered by Crux.

• Stock options.

• Culture focused on high growth and high ownership.

• Access to AI and technology-driven tools and work environment.