Associate, Tax/Preferred Equity

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+ experts in energy, tax, finance, government, and technology has raised $77 million in capital from top investors like Andreessen Horowitz, Lowercarbon Capital, and others. These funds are joined by strategic investors including Pattern Energy, Clearway Energy, EDF Renewables, and more.

Energy demand is growing for the first time in decades, driving an urgent need for more affordable and reliable electricity. Crux is changing traditional project financing by offering unmatched insights, white-glove service, purpose-built tools, and risk underwriting to power a more prosperous, clean, and secure energy future.

We are scaling quickly and seek team members who combine deep expertise with an AI- and tech-forward mindset.

The Opportunity

The Associate, Tax/Preferred Equity will be a core member of Crux's Structuring team, reporting to leadership. This role focuses on tax equity and preferred equity structures, supporting project-level and portfolio-level transactions in renewable energy and energy transition infrastructure. The Associate will handle screening, underwriting, structuring, and execution of transactions from intake to closing.

This position requires strong financial modeling skills, exposure to renewables and energy transition markets, and the ability to thrive in a fast-paced startup environment.

Ideal candidates have at least 2 years of relevant experience in investment banking, structured finance, renewable energy, infrastructure investing, or a related field.

What You’ll Do

• Support 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 preparing investment materials for the 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 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 across the Structuring team.

• Support limited external interactions with developers, investors, and advisors under senior guidance.

• Assist with portfolio management and reporting, 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.

What You Bring

• A Bachelor's degree in Finance, Economics, Engineering, or a related field; an MBA or MS is a plus.

• Minimum 2+ years of experience in renewable energy, structured finance, infrastructure investing, investment banking, or a related field.

• Demonstrated exposure to tax equity, project finance, or 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 are 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 is a plus.

• 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.

What We Bring

• Backing, Traction & Brand:

  • We have raised $77 million in capital from top investors.

  • We have a $500m debt warehouse facility from Nuveen to invest in clean energy.

  • We are profitable and growing exponentially.

  • We have closed over 120+ transactions in the last 2 years, facilitating billions of dollars of capital flowing into renewables projects.

• Culture & Working Dynamic:

  • Remote-first operating model: Work from anywhere in the US and Canada, or work out of optional offices in DC, NYC, and SF.

  • High growth and high ownership culture: We grow quickly by giving extremely talented people a lot of responsibility.

  • Best of financial services and technology: We combine expertise in clean energy finance with cutting-edge AI tools.

  • Regular team offsites: We bring the entire company together twice a year.

• Benefits:

  • Healthcare: We cover 100% of premiums for employees with various plans on Aetna and Kaiser.

  • Dental & Vision: We cover 100% of premiums for employees and 50% for dependents.

  • Holidays: 10 company holidays per year.

  • Paid Time Off: 20 days per year.

  • 401k: We support a 401k account.

  • Parental Leave: 16 weeks for birthing parents and 12 weeks for non-birthing parents.

• Compensation:

  • Compensation: $150,000s - $200,000s, depending on experience and revenue scope, not inclusive of equity value.

  • Stock options in a rapidly growing company.