Corporate Development Associate

ON.energy • Tysons, VA

5d • Hybrid

About The Position

ON.energy is seeking an Associate to join its Corporate Development team and report to the Head of Investment Finance. The role works directly with senior leadership on capital formation, M&A, board and investor materials, and corporate strategy as the company scales across energy transition and digital infrastructure. The Associate will also help develop and structure new business models and commercial offerings that expand how customers deploy ON.energy’s technology.

This position is suited to candidates with at least two years of investment banking experience and meaningful live-deal exposure who want to own transactions within a growing company. The successful candidate will bring strong technical skills, initiative, a high standard of work, and sound critical thinking when addressing unfamiliar problems. The role offers direct visibility to senior leadership, the board, and external stakeholders, and is hybrid, requiring at least three days per week in the New York office and up to 10% travel.

Requirements

• Bachelor’s degree in Finance, Economics, Accounting, Engineering, or a related field.
• At least 2 years of investment banking analyst experience.
• Demonstrated deal experience in M&A and/or debt and equity capital raises, with meaningful ownership of live transactions.
• Ability to build three-statement, DCF, LBO/returns, and merger models from scratch.
• Advanced proficiency in Excel and PowerPoint, with experience producing board- and investor-ready materials.
• Strong written and verbal communication skills and comfort interacting with senior executives, investors, and advisors.
• Self-starter with a strong work ethic and high ownership, able to take workstreams from a blank page to a finished product with minimal direction.
• Highly organized, with exceptional attention to detail and ability to manage multiple workstreams simultaneously.

Nice To Haves

• Coverage or product group experience in power and utilities, energy transition, infrastructure, industrials, or technology.
• Experience with private capital raises for growth-stage companies, including preferred and structured equity.
• Experience reviewing and negotiating transaction documentation.
• Strong interest in energy storage, power infrastructure, and the build-out of AI data centers.

Responsibilities

• Support corporate equity and debt raises from investor targeting and outreach through diligence, negotiation, and close.
• Build and maintain financial models, valuation analyses, and the capitalization table to support financing decisions and investor discussions.
• Prepare investor materials, including teasers, management presentations, and financial projections, and manage data-room and diligence processes.
• Coordinate with banks, counsel, investors, and other external advisors; help manage the investor pipeline and relationships.
• Source, screen, and evaluate acquisition targets and investment, joint venture, and strategic partnership opportunities.
• Build valuation, merger, and returns analyses, including DCF, trading and transaction comparables, accretion/dilution, and synergy analyses.
• Lead diligence workstreams and coordinate third-party financial, legal, and technical advisors through transaction execution.
• Support review and negotiation of NDAs, LOIs, term sheets, purchase agreements, and other transaction documents, as well as post-close integration planning.
• Prepare board presentations, investor updates, and materials for executive leadership.
• Translate complex financial and strategic analysis into clear, decision-ready recommendations.
• Support strategic planning and track key business and transaction metrics for leadership and the board.
• Identify growth opportunities, market adjacencies, and strategic partnerships.
• Develop market sizing, investment theses, and competitive analyses across energy storage, power infrastructure, and data center power.
• Lead ad hoc strategic analyses for senior leadership on high-priority initiatives.
• Help develop and structure new business models and commercial offerings for ON.energy’s technology.

Benefits

• Competitive salary and eligibility for an annual performance-based bonus (US-based roles).
• Medical, dental, and vision insurance (US-based roles).
• 401(k) with company match (US-based roles).
• Paid time off and company holidays (US-based roles).
• Competitive salary and eligibility for an annual performance bonus (Mexico-based roles).
• Christmas Bonus (Aguinaldo) of 30 days (Mexico-based roles).
• Major medical expenses and life insurance (Mexico-based roles).
• Paid time off and holidays per local policy (Mexico-based roles).
• Professional development and growth opportunities.
• Opportunity to grow with a mission-driven team shaping the future of clean energy.

What This Job Offers

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