Senior Manager, Structuring – Tax/Preferred Equity

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

📋 Description

• Oversee the screening and underwriting of new tax/preferred equity opportunities.

• Develop, maintain, audit, and stress-test intricate financial models for partnership flip, T-flip, hybrid, and preferred equity transactions.

• Formulate pricing and structuring recommendations.

• Prepare materials for the Investment Committee, including transaction economics, sensitivities, and risk analyses.

• Collaborate with senior members of the Structuring team on structuring, execution, and negotiations.

• Manage transactions from initiation to closing.

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

• Coordinate diligence workstreams across commercial, technical, legal, tax, and insurance domains.

• Review term sheets, LLC agreements, equity capital contribution agreements, and closing checklists.

• Leverage technology and AI-enhanced tools to refine modeling, diligence, and reporting processes.

• Enhance processes and standardize models, IC memos, and term sheets.

• Engage directly with developers, investors, and advisors, progressively taking ownership of counterparty relationships.

• Review and assist in the development of Associates.

• Facilitate the scaling of tax/preferred equity workflows and technology-enabled financing products.

• Support portfolio management and reporting, including monitoring project performance against underwriting.

⛳️ Requirements

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

• At least 4+ years of experience in renewable energy, structured finance, infrastructure investing, investment banking, or a closely related area.

• Direct experience in tax equity and/or preferred equity structuring and modeling is essential.

• Familiarity with partnership flip, hybrid, and preferred equity transactions is required.

• Proficient Excel skills and capability to create complex partnership models from the ground up.

• Strong understanding of tax equity and preferred equity structures, allocations, capital accounts, and flip mechanics.

• Experience leading transaction workstreams, preparing transaction documents, and coordinating due diligence efforts.

• Knowledge of independent engineer reviews, tax opinions, appraisals, and tax insurance.

• Understanding of IRS requirements, safe harbor tests, and recapture provisions is preferred.

• Experience in a transaction-oriented environment with direct client interaction responsibilities.

• Exceptional analytical, organizational, and communication skills; adept at managing multiple workstreams.

• Comfortable with adopting new technology platforms and incorporating AI tools into daily operations.

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

• MBA or MS is advantageous.

• VBA or Python skills are a plus.

• Sale-leaseback experience is optional.

🏝️ Benefits

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

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

• Co-working opportunities available.

• Company offsites held twice a year.

• Comprehensive healthcare premium coverage for employees; 70% subsidy for dependents.

• Dental and vision insurance: 100% of employee premiums covered and 50% for dependents.

• 10 paid company holidays annually.

• 20 days of paid time off each year.

• 401(k) retirement plan.

• 16 weeks of parental leave for birthing parents.

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

• Stock options available.

• High-growth, high-ownership company culture.

• Access to AI-driven technologies and innovative work environments.

• Commitment to equal employment opportunities.