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Crux Climate

Platform enabling transferable tax credit trading

Principal Debt Capital Markets

Investment BankingPosted on Nov 5
Full-time

About the Job

Requirements

  • Bachelor's degree in Finance, Economics, Engineering, or a related field.
  • 8–10+ years of total experience, including 7+ years in renewable energy project finance, infrastructure debt, or structured lending, with a track record of leading construction, term, back-leverage, or debt capital markets transactions as the primary negotiator.
  • Deep expertise in project finance debt structures for solar, wind, and storage, including hands-on negotiation of credit agreements, intercreditor arrangements, and the interplay between tax equity and debt.
  • Experience preparing and presenting transactions to a credit or investment committee, ideally with perspective from both the lender and sponsor/advisory side.
  • Experience leading and mentoring deal teams, including reviewing junior team members' underwriting and modeling work.
  • FINRA SIE, Series 79, and Series 63 required, or willingness to obtain them under Crux's broker-dealer sponsorship.

Responsibilities

  • Lead a book of debt mandates from IOI through close as the primary negotiator and senior execution lead, driving lender diligence, structuring, negotiation, documentation, and close to institutional standards.
  • Own transaction velocity and close rates across the deal book, contributing to Debt team revenue and P&L targets.
  • Author credit memos and pricing recommendations and present transactions to Credit Committee, analyzing credit quality, structural terms, risks, and mitigants.
  • Lead deal teams of junior team members by staffing transactions, reviewing underwriting, diligence, and financial models, and mentoring team members on credit and execution.
  • Run debt execution with lenders and institutional capital providers inside shared accounts, in partnership with Strategic Bank Capital and Strategic Institutional Capital.
  • Partner with Industry Coverage to qualify opportunities early, take ownership of execution at IOI, and provide real-time market and financeability feedback to sharpen sourcing.
  • Partner with Investments on the tax equity/preferred-equity attach motion, sourcing and pricing competitive debt within agreed turnaround times to deliver integrated capital solutions for sponsors and investors.
  • Lead workstreams within the Head of Debt's product agenda, such as new lender programs, financing structures, or term-sheet and documentation standards, in partnership with Structuring.
  • Build and standardize repeatable execution processes across debt motions, and drive adoption of AI-enabled modeling and automation across the deal lifecycle.
  • Partner with Product and Engineering to define and prioritize transaction tooling that increases deal throughput and execution quality.
  • Represent Crux in industry and market dialogues, including webinars, whitepapers, and conferences, in coordination with coverage relationship owners.

Desired Qualifications

  • An MBA, JD, or other advanced degree is a plus.
  • Perspective from both the lender and sponsor/advisory side is ideal.

About the Company

Crux Climate

Platform enabling transferable tax credit trading

Crux Climate builds a platform that enables the buying, selling, and management of transferable renewable energy tax credits to accelerate investment in clean energy. It connects developers, tax credit buyers, banks, syndicators, and advisors in a secure, liquid marketplace. Revenue comes from transaction fees and subscription plans for advanced features. The goal is to expand the market for transferable credits to speed up deployment of solar, C&I projects, and other renewables.

Company size
51-200
Company stage
N/A
Total funding
$577.1M
Headquarters
New York City, New York
Founded
2023

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