Principal, Debt Capital Markets

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 through to closing as the main negotiator and senior execution lead.

• Manage lender diligence, structuring, negotiation, documentation, and closing in accordance with institutional standards.

• Take responsibility for transaction velocity and close rates within the deal portfolio.

• Contribute to the Debt team's revenue and profit and loss objectives.

• Draft credit memos and pricing suggestions.

• Present transactions to the Credit Committee, accompanied by an analysis of credit quality, structural terms, risks, and mitigants.

• Lead deal teams by assigning transactions, reviewing underwriting, diligence, and financial models, while mentoring junior team members.

• Execute debt transactions with lenders and institutional capital providers.

• Collaborate with Strategic Bank Capital and Strategic Institutional Capital.

• Work alongside Industry Coverage to assess opportunities and provide market and financeability insights.

• Collaborate with Investments on tax-equity/preferred-equity attachment transactions.

• Identify and price competitive debt for integrated capital solutions.

• Direct workstreams related to lender programs, financing structures, and term-sheet and documentation standards.

• Develop and standardize repeatable execution processes across debt motions.

• Promote the use of AI-enabled modeling and automation throughout the deal lifecycle.

• Work with Product and Engineering to prioritize transaction tools.

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

⛳️ Requirements

• Bachelor's degree in Finance, Economics, Engineering, or a related field; an MBA, JD, or advanced degree is a plus.

• 8-10+ years of overall experience.

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

• Proven track record in leading construction, term, back-leverage, or debt capital markets transactions as the primary negotiator.

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

• Hands-on experience in negotiating credit agreements and intercreditor arrangements.

• Understanding of the relationship between tax equity and debt.

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

• Background in both lender and sponsor/advisory roles is ideal.

• Experience in leading and mentoring deal teams.

• Proven ability to review junior team members' underwriting and modeling work.

• Exceptional negotiation and relationship management skills with developers, lenders, and investors.

• Strong judgment with the capability to work independently in a rapidly growing environment.

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

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

🏝️ Benefits

• Work remotely from anywhere within the US and Canada.

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

• Availability of co-working opportunities.

• Regular team offsite events held twice a year.

• Full coverage of employee healthcare premiums.

• 80% subsidy on dependent healthcare premiums.

• Complete coverage of employee dental and vision premiums.

• 80% subsidy on dependent dental and vision premiums.

• Support for family forming and fertility needs.

• 16 weeks of parental leave for birthing parents.

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

• 10 paid company holidays each year.

• 20 days of paid time off annually.

• 401k account fees covered by Crux.

• Stock options available.

• Access to work that is AI- and technology-forward.

• A culture characterized by high growth and high ownership.