[Hiring] Senior Principal, Investments @Crux

Role Description

Lead execution of tax equity and preferred equity investments, including hybrids thereof, from term sheet through close.

• Identify, structure around, price, and document transaction risk to a high standard.
• Serve as the team's technical authority on partnership structures and tax and capital account basis issues, and help more junior colleagues resolve the difficult, deal-specific issues on their transactions before they escalate.
• Prepare and present opportunities to the Investment Committee (IC), both for screening and for final investment decisioning.
• Lead negotiations with sponsors and capital partners, including new and difficult counterparties.
• Review and pressure-test complex partnership and hybrid models, and partner with Legal, Tax, and Risk on key issues and IRS compliance.
• Help build the institutional infrastructure that lets capital partners underwrite Crux as a GP.
• Mentor the team and push adoption of AI-enabled workflows across the deal lifecycle.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Environmental Studies or a related field; MBA or advanced degree a plus.
• 10-12+ years in renewable energy, structured finance, or infrastructure investing, with direct experience leading tax equity transactions, including hybrids thereof.
• Command of partnership structures and tax and capital account basis issues (DROs, basis, allocations, safe harbor, recapture).
• Breadth across core technologies (solar, wind, storage); exposure to emerging categories.
• Excellent risk judgment — identifying, structuring around, pricing, and documenting risk.
• Ability to lead and negotiate transaction documents (partnership flips, T-flips, preferred equity; sale-leaseback a plus).
• Strong modeling skills and the ability to review and pressure-test complex partnership and hybrid models.
• Tenacity, persistence, and ownership, with genuine energy for the work and the mission.
• Ability to be the senior person in the room — leading IC discussions, guiding a team, and resolving hard questions independently.
• Excellent communication, negotiation, and relationship management skills.
• A track record credible enough to stand up in capital-partner diligence on Crux as a GP.
• Strong capabilities in — or a fast track record of adopting — technology and AI.
• Prior experience at a bank (particularly in project finance, structured products, or a leveraged finance group) or developer/sponsor is a strong plus.
• Willingness to travel up to 25% of the time.
• FINRA SIE, Series 79, and 63, or willingness to obtain them under Crux's broker-dealer sponsorship.

Benefits

• 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.
• Dental & vision: We cover 100% of premiums for employees and 50% for dependents (each), if relevant.
• Holidays: 10 company holidays per year.
• Paid time off: 20 days per year.
• 401k: We support a 401k account but don't have a matching program set up at this time (typical for an early-stage startup).
• Parental leave: 16 weeks for birthing parents and 12 weeks for non-birthing parents.
• Compensation: $300,000s - $500,000s+, depending on years of experience & revenue scope, not inclusive of equity value.
• Stock options in a rapidly growing company.