Senior 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 the initial interest to closure, acting as the primary negotiator and senior execution leader.

• Facilitate lender diligence, structuring, negotiation, documentation, and closing processes.

• Maintain transaction velocity and close rates throughout the deal portfolio.

• Contribute to the revenue and profit & loss targets of the Debt team.

• Prepare credit memos and pricing recommendations.

• Present transactions to the Credit Committee, assessing credit quality, structural terms, risks, and mitigants.

• Lead deal teams, which includes staffing transactions and reviewing underwriting, diligence, and financial models.

• Mentor junior team members regarding credit and execution practices.

• Execute debt transactions in collaboration with lenders and institutional capital providers.

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

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

• Identify and price competitive debt solutions for integrated capital offerings.

• Manage workstreams that encompass lender programs, financing structures, term sheets, and documentation standards.

• Develop and standardize repeatable execution processes across debt transactions.

• Promote the adoption of AI-driven modeling and automation throughout the deal lifecycle.

• Collaborate with Product and Engineering teams to prioritize transaction tools.

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

⛳️ Requirements

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

• 10-12+ years of overall experience.

• At least 7 years of experience 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.

• In-depth knowledge of project finance debt structures for solar, wind, and energy storage projects.

• Practical experience in negotiating credit agreements and intercreditor arrangements.

• Understanding of the relationship between tax equity and debt financing.

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

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

• Experience in leading and mentoring deal teams.

• Familiarity with reviewing underwriting and financial modeling work.

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

• Strong judgment and the capability to operate independently.

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

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

🏝️ Benefits

• Remote-first operating model; the flexibility to work from anywhere in the US and Canada.

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

• Availability of co-working spaces.

• Regular team offsite events held twice a year.

• Healthcare coverage: 100% of employee premiums paid; 80% of dependent premiums subsidized.

• Dental and vision coverage: 100% of employee premiums covered; 80% of dependent premiums covered.

• Support for family forming and fertility initiatives.

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

• 10 company holidays observed each year.

• 20 days of paid time off annually.

• 401(k) account fees covered by Crux.

• Stock options available.

• A culture that promotes high growth and ownership.

• Access to advanced AI and technology-driven financial services tools.