Principal, Business Management – Debt

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

📋 Description

• Oversee a portfolio of debt mandates from initial offer indication through to closing, acting as the primary negotiator and senior execution lead.

• Facilitate lender due diligence, structuring, negotiation, documentation, and closing to meet institutional standards.

• Manage transaction speed and closure rates throughout the deal portfolio.

• Create credit memos and pricing recommendations, presenting transactions to the Credit Committee.

• Lead deal teams, assign transactions, review underwriting, due diligence, and financial models, while mentoring junior team members.

• Conduct debt execution in collaboration with lenders and institutional capital providers.

• Collaborate with Industry Coverage to assess opportunities and provide insights on market conditions and financeability.

• Work alongside Investments on tax-equity/preferred-equity attachment transactions.

• Guide workstreams for new lender programs, financing structures, and standards for term sheets/documentation.

• Develop standardized execution processes and promote AI-enabled modeling and automation.

• Collaborate with Product and Engineering on transaction tooling initiatives.

• Represent Crux at webinars, in whitepapers, conferences, and industry discussions.

⛳️ Requirements

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

• 8-10+ years of overall experience.

• At least 7 years in renewable energy project finance, infrastructure debt, or structured lending.

• Proven history of leading construction, term, back-leverage, or debt capital markets transactions as the primary negotiator.

• Extensive knowledge of project finance debt structures for solar, wind, and storage projects.

• Experience in negotiating credit agreements and intercreditor arrangements.

• Understanding of the relationship between tax equity and debt.

• Background in preparing and presenting transactions to credit or investment committees.

• Experience in leading and mentoring deal teams.

• Proficient in reviewing the underwriting and modeling work of junior team members.

• Excellent negotiation and relationship-building skills with developers, lenders, and investors.

• Strong judgment and capability to work independently in a rapidly scaling environment.

• Keen interest in utilizing technology and AI to enhance debt execution processes.

• FINRA SIE, Series 79, and 63 are required or a willingness to obtain under Crux's broker-dealer sponsorship.

🏝️ Benefits

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

• Optional office locations in Washington D.C., New York City, and San Francisco.

• Co-working opportunities available if desired.

• Regular team offsites held twice annually.

• Full coverage of employee healthcare premiums; 70% subsidy for dependent healthcare premiums.

• Complete coverage of employee dental and vision premiums; 50% coverage for dependent premiums.

• Ten company holidays each year.

• Twenty days of paid time off annually.

• 401k account support provided.

• Parental leave policy: 16 weeks for birthing parents and 12 weeks for non-birthing parents.

• Stock options available.

• Opportunity to engage with AI and technology at the forefront of the industry.