Role Description
The Senior Principal, Debt is a senior deal leader on Crux's Debt Business Management team within Capital Solutions. Reporting to the Head of Debt, the Senior Principal leads a book of debt mandates from IOI through close across Crux's three debt motions: debt origination, debt advisory, and debt attached to tax equity and preferred equity structures. The role spans the full range of debt products, including:
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Construction
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Term
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Back-leverage facilities
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Tax equity and credit bridge loans
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Equipment financing
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Green bonds and securitization
This role requires a passion for the clean energy transition, a builder's mindset, and a commitment to delivering results in a fast-paced, high-growth environment. You thrive on solving complex problems and working collaboratively across teams to drive meaningful impact.
What you'll do
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Lead a book of debt mandates from IOI through close as the primary negotiator and senior execution lead β driving lender diligence, structuring, negotiation, documentation, and close to institutional standards.
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Own transaction velocity and close rates across your deal book, contributing directly to the Debt team's revenue and P&L targets.
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Author credit memos and pricing recommendations and present transactions to Credit Committee, with rigorous analysis of credit quality, structural terms, risks, and mitigants.
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Lead deal teams of junior team members β staffing transactions, reviewing underwriting, diligence, and financial models, and mentoring junior team members on credit and execution.
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Run debt execution with lenders and institutional capital providers inside shared accounts, in partnership with Strategic Bank Capital and Strategic Institutional Capital.
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Partner with Industry Coverage to qualify opportunities early, take clean drivership of execution at IOI, and provide real-time market and financeability feedback that sharpens sourcing.
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Partner with Investments on the TE/preferred-equity attach motion, sourcing and pricing competitive debt within agreed turnarounds to deliver integrated capital solutions for sponsors and investors.
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Lead specific workstreams within the Head of Debt's product agenda β such as new lender programs, financing structures, or term sheet and documentation standards β in partnership with Structuring.
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Help build and standardize repeatable execution processes across debt motions, and drive adoption of AI-enabled modeling and automation across the deal lifecycle.
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Partner with Product and Engineering to define and prioritize transaction tooling that increases deal throughput and execution quality.
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Represent Crux in industry and market dialogues β webinars, whitepapers, and conferences β in coordination with coverage relationship owners.
Qualifications
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Bachelor's degree in Finance, Economics, Engineering, or related field; MBA, JD, or advanced degree a plus.
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10-12+ years of total experience, including 7+ years in renewable energy project finance, infrastructure debt, or structured lending, with a track record of leading construction, term, back-leverage, or debt capital markets transactions as the primary negotiator.
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Deep expertise in project finance debt structures for solar, wind, and storage, including hands-on negotiation of credit agreements, intercreditor arrangements, and the interplay between tax equity and debt.
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Experience preparing and presenting transactions to credit or investment committee, ideally with perspective from both the lender and sponsor/advisory side.
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Experience leading and mentoring deal teams, including reviewing junior team members' underwriting and modeling work.
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Exceptional negotiation and relationship skills with developers, lenders, and investors, and the credibility to lead senior-level conversations.
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Strong judgment and comfort operating with a high degree of autonomy in a fast-scaling environment.
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Strong interest in leveraging technology and AI to improve debt execution.
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FINRA SIE, Series 79 and 63 required or willingness to obtain under Crux's broker-dealer sponsorship.
Benefits
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Healthcare: We cover 100% of premiums for employees with a variety of plans on Aetna (nationwide) and Kaiser (WA and California) and subsidize 70% for dependents (total as a group), if relevant.
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Dental & vision: We cover 100% of premiums for employees and 50% for dependents (each), if relevant.
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Holidays: 10 company holidays per year.
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Paid time off: 20 days per year.
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401k: We support a 401k account but don't have a matching program set up at this time (typical for an early-stage startup).
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Parental leave: 16 weeks for birthing parents and 12 weeks for non-birthing parents.
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Compensation: $300,000s - $500,000s+, depending on years of experience & revenue scope, not inclusive of equity value.
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Stock options in a rapidly growing company.