Senior Manager, Structuring – Tax/Preferred Equity

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

📋 Description

• Develop, maintain, and assess intricate financial models for tax, hybrid, and preferred equity transactions.

• Oversee the evaluation and underwriting of fresh opportunities, including preliminary pricing assessments.

• Formulate pricing and structuring suggestions.

• Create materials for the Investment Committee, encompassing transaction economics, sensitivities, and risk evaluations.

• Collaborate on the structuring, execution, and negotiation of transactions from initiation to completion.

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

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

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

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

• Enhance procedures and standardize models, Investment Committee memoranda, and term sheets.

• Engage with developers, investors, and advisors on current transactions.

• Review and assist in the development of Associates' contributions.

• Aid in tax/preferred equity workflows and technology-driven financing products.

• Assist in portfolio management and reporting, which includes tracking project performance against underwriting.

⛳️ Requirements

• Bachelor's degree in Finance, Economics, Engineering, or a related discipline; MBA or MS is an advantage.

• A minimum of 4+ years of experience in renewable energy, structured finance, infrastructure investing, investment banking, or a closely related field.

• Required experience in direct tax equity and/or preferred equity structuring and modeling.

• Familiarity with partnership flip, hybrid, and preferred equity transactions, including the construction of underlying models.

• Proficient in advanced Excel skills and capable of building complex partnership models from the ground up.

• Knowledge of VBA or Python is a plus.

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

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

• Familiarity with IRS regulations, safe harbor tests, and recapture provisions is preferred.

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

• Exceptional analytical, organizational, and communication skills; ability to manage multiple workstreams effectively.

• Comfortable with adopting new technology platforms and integrating AI tools into everyday workflows.

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

🏝️ Benefits

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

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

• Availability of co-working opportunities.

• Regular company offsites held twice a year.

• Full coverage of employee healthcare premiums; 80% subsidization of dependent premiums.

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

• Support for family formation and fertility assistance.

• 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 available.

• Culture focused on high growth and high ownership.

• Professional exposure to AI-enabled tools and technology.

• Commitment to equal employment opportunities.