Associate, Structuring (Tax/Preferred Equity)

Crux

1d • $150,000 - $200,000 • Remote

About The Position

The Associate, Tax/Preferred Equity will be a core member of Crux's Structuring team, reporting to leadership within the Structuring team. The team delivers capital solutions across tax equity, preferred equity, debt, and advisory services to sponsors, developers, and investors. This role sits on the tax/preferred equity side of the team and is a hands-on role for a financially rigorous analyst with foundational knowledge of these structures and a strong desire to grow within structured renewable energy finance, covering project-level and portfolio-level transactions in renewable energy and energy transition infrastructure. The Associate will support the screening, underwriting, structuring, and execution of transactions from intake to closing.
The role requires strong financial modeling skills, exposure to renewables and energy transition markets, and the ability to operate in a fast-paced startup environment.
This position is ideal for candidates with at least 2 years of relevant experience in investment banking, structured finance, renewable energy, infrastructure investing, or a closely related field who are looking to deepen their structuring expertise in a fast-moving, technology-forward environment.

Requirements

• Bachelor's degree in Finance, Economics, Engineering, or a related field; MBA or MS a plus.
• Minimum 2+ years of experience in renewable energy, structured finance, infrastructure investing, investment banking, or a closely related field.
• Demonstrated exposure to tax equity, project finance, or other structured renewable energy transactions.
• Strong financial modeling and structuring skills, with mastery of core valuation and return concepts.
• Strong Excel skills, including comfort building and navigating complex financial models; VBA or Python skills a plus.
• Experience preparing transaction materials and conducting due diligence.
• Familiarity with tax equity structures (partnership flip, T-flip, hybrid, preferred equity), including allocations, capital accounts, and flip mechanics.
• Exposure to IRS requirements, safe harbor tests, or recapture provisions a plus but not required.
• Experience in a transaction-focused environment with client interaction responsibility is a plus.
• Strong analytical, organizational, and communication skills, with the ability to manage multiple workstreams in a fast-paced environment.
• Comfortable adopting new technology platforms and integrating AI tools into daily workflows.
• FINRA SIE, Series 79, and 63, or willingness to obtain them under Crux’s broker-dealer sponsorship.

Nice To Haves

• MBA or MS a plus.
• VBA or Python skills a plus.
• Exposure to IRS requirements, safe harbor tests, or recapture provisions a plus but not required.
• Experience in a transaction-focused environment with client interaction responsibility is a plus.

Responsibilities

• Support the screening and underwriting of new opportunities, including initial reviews, pre-pricing screens, and running/updating financial models for tax/hybrid and preferred equity transactions.
• Assist in the preparation of investment materials for Investment Committee, including transaction economics, sensitivities, and risk analyses.
• Work closely with senior members of the Structuring team to drive transactions from intake to closing.
• Analyze sponsor financials, project contracts, and diligence materials to help identify risks and value drivers.
• Leverage technology and AI-enabled tools to increase accuracy and efficiency in modeling, diligence, and reporting.
• Contribute to process improvements and template standardization (models, IC memos, term sheets) across the Structuring team.
• Support limited external interactions with developers, investors, and advisors under guidance from senior team members.
• Assist with portfolio management and reporting as needed, including monitoring project performance against underwriting.
• Support platform initiatives to scale tax equity workflows and develop new tech-enabled products and solutions for financing processes.

Benefits

• Healthcare: We cover 100% of premiums for employees with a variety of plans on Aetna (nationwide) and Kaiser (WA and California) and subsidize 70% for dependents (total as a group), if relevant.
• Dental & vision: We cover 100% of premiums for employees and 50% for dependents (each), if relevant.
• Holidays: 10 company holidays per year.
• Paid time off: 20 days per year.
• 401k: We support a 401k account but don't have a matching program set up at this time (typical for an early-stage startup).
• Parental leave: 16 weeks for birthing parents and 12 weeks for non-birthing parents.
• Stock options in a rapidly growing company.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level