Associate, Structuring (Tax/Preferred Equity) - Crux

About Crux

Crux is the capital platform for the clean economy. We modernize capital raising and deployment for clean energy and critical infrastructure with solutions across advisory, investments, technology, and intelligence.

Our team of 120+ is composed of experts in energy, tax, finance, government, and technology. We have raised $77 million in capital from top investors including Andreessen Horowitz, Lowercarbon Capital, New System Ventures, QED, and Canapi, joined by strategic partners such as Pattern Energy, Clearway Energy, EDF Renewables, Intersect Power, and Orsted.

Traditional project financing is opaque, fragmented, and analog. At Crux, we are changing that through unmatched insights, white-glove service, purpose-built tools, and risk underwriting.

The Opportunity

The Associate, Tax/Preferred Equity will be a core member of Crux's Structuring team, reporting to team leadership. The Structuring 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 position for a financially rigorous professional with foundational knowledge of these structures and a strong desire to grow within structured renewable energy finance, covering project-level and portfolio-level transactions. The Associate will support the screening, underwriting, structuring, and execution of transactions from intake to closing.

Key Responsibilities

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

Qualifications

• Bachelor's degree in Finance, Economics, Engineering, or a related field (MBA or MS is a plus).
• 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 structured renewable energy transactions.
• Strong financial modeling and structuring skills with a solid command of valuation and return concepts.
• Advanced Excel proficiency; VBA or Python skills are a plus.
• Experience preparing transaction materials and running 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 is beneficial.
• Strong analytical, organizational, and communication capabilities.
• Comfort adopting modern software platforms and integrating AI tools into workflows.
• FINRA SIE, Series 79, and Series 63 (or willingness to obtain them under Crux’s broker-dealer sponsorship).

Benefits & Compensation

• Base Salary: $150,000 - $200,000 (depending on experience and revenue scope, exclusive of equity).
• Equity: Stock options in a high-growth company.
• Healthcare: 100% employer-covered premiums for employees (Aetna nationwide / Kaiser in WA and CA); 70% subsidized for dependents.
• Dental & Vision: 100% employer-covered premiums for employees; 50% subsidized for dependents.
• Retirement: 401(k) plan.
• Paid Time Off: 20 days PTO plus 10 company holidays per year.
• Parental Leave: 16 weeks for birthing parents; 12 weeks for non-birthing parents.
• Work Flexibility: Remote-first operating model across the US and Canada, with optional offices in DC, NYC, and SF, plus co-working opportunities in major metro hubs.
• Team Gatherings: Company-wide offsites twice per year plus team meetups.