Associate of Structured Finance

Fluidstack • New York, NY

1d

About The Position

Support financing execution — Assist in workstreams across high-yield bond issuances, senior secured term loans, and equipment / project finance facilities. Help manage diligence processes, track lender and counsel workstreams, and coordinate documentation through close.
Analyze credit support arrangements — Review and model guarantees, credit wraps, off-take agreements, and other investment-grade backstop structures. Develop fluency in how these instruments affect debt sizing, covenant mechanics, and investor / lender underwriting.
Build and maintain financial models — Construct and refine transaction models covering debt sizing, DSCR waterfalls, restricted payment mechanics, levered/unlevered returns, and multi-scenario sensitivities. Own model accuracy and flag issues to senior team members.
Coordinate counterparty and legal workstreams — Support external counsel, financial advisors, and counterparty working groups. Track open legal and commercial issues and help move resolutions forward on deal timelines.
Analyze capital structures — Evaluate HoldCo / OpCo / PropCo structuring, cross-collateralization provisions, cross-default mechanics, and intercreditor arrangements under the guidance of senior team members.
Support equity-linked and warrant analysis — Analyze warrant agreements, equity co-invest structures, and other instruments issued in connection with strategic credit support or partnership arrangements.
Contribute to investor and lender materials — Support the production of investment memos, lender presentations, bond offering documents, and internal approval materials. Ensure financial accuracy across all deal documents.
Partner cross-functionally — Work with development, power, site selection, legal, and technology teams to gather inputs for financial analyses and help communicate how financing decisions affect project outcomes.

Requirements

• 2–3 years of experience in leveraged finance, structured credit, or a related capital markets role at a bank, credit fund, or infrastructure sponsor.
• Some exposure to deal execution processes, including diligence, documentation, and lender / advisor coordination.
• Strong financial modeling skills; ability to build, maintain, and audit transaction models for multi-tranche capital structures with guidance from senior team members.
• Strong written communication skills; able to draft clear, organized memos, summaries, and deal tracking materials.

Nice To Haves

• Prior exposure to data center, power, digital infrastructure, or other capital-intensive real asset sectors — on the debt or equity side.
• Working familiarity with credit agreement mechanics, covenant structures, and high-yield / leveraged loan documentation.
• Some exposure to credit support structures — guarantees, off-take agreements, or similar — and their role in financing transactions.
• Familiarity with warrant agreements, equity co-invest structures, or other equity-linked instruments.
• Exposure to SPV structuring or multi-lender intercreditor arrangements.

Responsibilities

• Assist in workstreams across high-yield bond issuances, senior secured term loans, and equipment / project finance facilities.
• Manage diligence processes, track lender and counsel workstreams, and coordinate documentation through close.
• Review and model guarantees, credit wraps, off-take agreements, and other investment-grade backstop structures.
• Develop fluency in how credit support instruments affect debt sizing, covenant mechanics, and investor / lender underwriting.
• Construct and refine transaction models covering debt sizing, DSCR waterfalls, restricted payment mechanics, levered/unlevered returns, and multi-scenario sensitivities.
• Own model accuracy and flag issues to senior team members.
• Support external counsel, financial advisors, and counterparty working groups.
• Track open legal and commercial issues and help move resolutions forward on deal timelines.
• Evaluate HoldCo / OpCo / PropCo structuring, cross-collateralization provisions, cross-default mechanics, and intercreditor arrangements.
• Analyze warrant agreements, equity co-invest structures, and other instruments issued in connection with strategic credit support or partnership arrangements.
• Support the production of investment memos, lender presentations, bond offering documents, and internal approval materials.
• Ensure financial accuracy across all deal documents.
• Work with development, power, site selection, legal, and technology teams to gather inputs for financial analyses.
• Help communicate how financing decisions affect project outcomes.

Benefits

• Competitive total compensation package (salary + equity).
• Retirement or pension plan, in line with local norms.
• Health, dental, and vision insurance.
• Generous PTO policy, in line with local norms.
• Stock options.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed