Senior Manager, Structuring (Tax/Preferred Equity)

Crux

1d • $200,000 - $300,000 • Remote

About The Position

Crux is a capital platform for the clean economy, modernizing capital raising and deployment for clean energy and critical infrastructure through advisory, investments, technology, and intelligence. The Senior Manager, Structuring (Tax/Preferred Equity) will be a core member of the Structuring team, reporting to leadership within that team. The team delivers capital solutions across tax equity, preferred equity, debt, and advisory services to sponsors, developers, and investors.

This is a hands-on execution role for an experienced structuring professional with strong working knowledge of tax and preferred equity structures. The role covers project- and portfolio-level transactions in renewable energy and energy-transition infrastructure. The Senior Manager leads screening and underwriting, builds and stress-tests transaction models, prepares investment analyses, and drives transaction execution from intake through closing. The role also helps guide and develop Associates, contributes to platform initiatives and process improvements, and works directly with clients and counterparties.

Crux operates on a remote-first basis, with employees able to work from anywhere in the US and Canada or from optional offices in Washington, DC, New York City, and San Francisco. Compensation is stated as $200,000s–$300,000s depending on experience and revenue scope, not including equity value. Stock options are offered.

Requirements

• Bachelor’s degree in Finance, Economics, Engineering, or a related field.
• At least 4 years of experience in renewable energy, structured finance, infrastructure investing, investment banking, or a closely related field.
• Direct tax equity and/or preferred equity structuring and modeling experience.
• Advanced Excel skills, including the ability to build complex partnership models from scratch.
• Strong understanding of tax equity and preferred equity structures, including partnership flip, hybrid, and preferred equity structures, allocations, capital accounts, and flip mechanics.
• Experience leading transaction workstreams, preparing transaction materials, and coordinating due diligence.
• Experience in a transaction-focused environment with direct client interaction responsibility.
• Excellent analytical, organizational, and communication skills, including the ability to manage multiple workstreams in a fast-paced environment.
• Comfort adopting new technology platforms and integrating AI tools into daily workflows.
• FINRA SIE, Series 79, and Series 63 licenses, or willingness to obtain them under Crux’s broker-dealer sponsorship.

Nice To Haves

• MBA or MS degree.
• VBA or Python skills.
• Experience with other parts of the capital stack.
• Familiarity with IRS requirements, safe harbor tests, and recapture provisions.
• Sale-leaseback experience.

Responsibilities

• Build, maintain, audit, and stress-test complex financial models for tax, hybrid, and preferred equity transactions, especially partnership flip, T-flip, and hybrid structures.
• Lead screening and underwriting of new opportunities, including initial reviews and pre-pricing screens, and develop pricing and structuring recommendations.
• Prepare Investment Committee materials, including transaction economics, sensitivities, and risk analyses.
• Collaborate with senior Structuring team members on transaction structuring, execution, and negotiations, and drive transactions from intake to closing.
• Analyze sponsor financials, project contracts, and diligence materials to identify risks and value drivers.
• Coordinate commercial, technical, legal, tax, and insurance diligence workstreams, including independent engineers, tax opinions, appraisals, and tax insurance.
• Review transaction documents, including term sheets, LLC agreements, equity capital contribution agreements, and closing checklists.
• Use technology and AI-enabled tools to improve accuracy and efficiency in modeling, diligence, and reporting.
• Contribute to process improvements and standardization of models, Investment Committee memos, and term sheets.
• Engage directly with developers, investors, and advisors on active transactions, taking increasing ownership of counterparty relationships.
• Review Associates’ work and help develop Associates on the Structuring team.
• Support platform initiatives to scale tax/preferred equity workflows and develop technology-enabled products and solutions for financing processes.
• Support portfolio management and reporting as needed, including monitoring project performance against underwriting.

Benefits

• 100% of employee healthcare premiums covered, with plans through Aetna nationwide and Kaiser in Washington and California; 80% of dependent premiums subsidized as a group.
• 100% of employee dental and vision premiums covered and 80% of dependent premiums covered for each.
• Family-forming and fertility support.
• Parental leave: 16 weeks for birthing parents and 12 weeks for non-birthing parents.
• 10 company holidays per year.
• 20 days of paid time off per year.
• 401(k) account fees supported by Crux.
• Stock options.

What This Job Offers

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