Capital Markets

fal•San Francisco, CA

17h

About The Position

fal is hiring for its capital markets team to manage the company’s debt and equity fundraising efforts and support corporate development as fal grows. The role covers GPU-backed debt facilities, equity rounds, relationships with lenders and investors, and strategic transactions. The person in this role will build financial models, run fundraising and financing processes, and coordinate counterparties, with direct ownership from the start. fal has a deliberately flat organization, and this role works directly with senior leaders on important company decisions. The role includes structuring and closing GPU and infrastructure financings; supporting equity raises end to end; owning parts of the operating model and related lender and investor materials; managing lender and investor relationships; tracking post-close requirements; evaluating strategic investments, partnerships, and acquisitions; monitoring market financing terms; and using AI tools to automate recurring finance work. The position offers compensation of $180,000–$220,000 plus equity and a comprehensive benefits package. fal offers visa sponsorship and relocation assistance to San Francisco. U.S. health, dental, and vision insurance are available.

Requirements

At least 5 years of experience, starting in investment banking, private equity, private credit, or infrastructure investing.
Strong financial modeling skills, including the ability to build models from scratch, stress-test them, and explain their drivers.
Working knowledge of debt structures and credit documents, including term sheets, credit agreements, and covenants, as well as how equity rounds are conducted.
Clear, concise writing skills and the ability to translate complex financial models into understandable memos or decks.
Strong organizational skills and the ability to manage multiple processes and counterparties without losing track of details.
Resourcefulness, a low-ego approach, urgency, and interest in working at a fast-moving AI company where processes are still being developed.

Nice To Haves

Experience with infrastructure, project finance, asset-backed financing, or GPU financing.
Exposure to M&A or corporate development.
Experience in a corporate or startup finance role after banking or private equity.
A track record of using AI tools to automate finance workflows.

Responsibilities

Help structure and close GPU and infrastructure financings, including revolvers, term loans, asset-backed structures, and SPVs.
Run lender processes, diligence, and documentation in coordination with legal.
Support equity raises end to end, including financial modeling, investor materials, data room preparation, diligence, and follow-ups.
Own key parts of the operating model and the lender and investor cases built on it.
Create decks and memos that clearly explain fal’s business to external parties.
Manage lender and investor conversations, track counterparties’ needs and next steps, and ensure follow-ups are completed.
Track covenants, borrowing bases, and reporting requirements across facilities, and keep lenders and investors informed.
Evaluate strategic investments, partnerships, and potential acquisitions, and prepare analysis for leadership decisions.
Monitor market pricing, structures, and terms for GPU and other infrastructure financing.
Use AI tools to automate recurring reporting and diligence work.