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Crux

Senior Principal, Investments (Tax & Preferred Equity)

RemoteUnited States, Canada only
Published
Role
Finance
Experience
Principal
Employment
Full-time
Company size
Mid-size
$300k–$500k/yr
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Open to US, CA only. Set where you work from to check your eligibility.

No BS summary

Senior investments leader with 10+ years in renewable energy/structured finance to lead tax equity and preferred equity transactions. Must be expert in partnership structures, tax and capital account basis issues, and complex financial modeling. Remote within North America (US/Canada) and able to travel ~25%.

Core skills

Tax equityPreferred equityPartnership structures

Required skills

Capital account basisDROsBasis allocationsSafe harbor rulesRecaptureFinancial modelingPartnership flip structures (T-flips)Sale-leaseback structuresIRS complianceRisk underwritingNegotiation of transaction documentsInvestment committee presentation and diligence

Optional skills

FINRA SIEFINRA Series 79FINRA Series 63Prior experience at a bank (project finance, structured products, leveraged finance)Developer/sponsor experienceExperience adopting AI-enabled workflows

What you'll do

  • Lead execution of tax equity and preferred equity investments, including hybrids, 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; assist junior colleagues on deal-specific issues.
  • Prepare and present opportunities to the Investment Committee for screening and final investment decisioning.
  • Lead negotiations with sponsors and capital partners, including challenging counterparties.
  • Review and pressure-test complex partnership and hybrid models; partner with Legal, Tax, and Risk on IRS compliance and key issues.
  • Help build institutional infrastructure that lets capital partners underwrite Crux as a GP.
  • Mentor the team and drive adoption of AI-enabled workflows across the deal lifecycle.

What they require

  • 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.
  • 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, ownership, and strong relationship management skills.
  • Ability to be the senior person in the room — leading IC discussions and resolving hard questions independently.
  • 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

  • Remote-first operating model; work from anywhere in the US and Canada; optional offices in DC, NYC, & SF.
  • Healthcare: company covers 100% of premiums for employees (Aetna nationwide and Kaiser in WA/CA) and subsidizes 70% for dependents (total as a group).
  • Dental & vision: company covers 100% of premiums for employees and 50% for dependents.
  • 10 company holidays per year.
  • Paid time off: 20 days per year.
  • 401k account supported (no matching program currently).
  • Parental leave: 16 weeks for birthing parents and 12 weeks for non-birthing parents.
  • Stock options / equity in a rapidly growing company.
  • Regular team offsites (company-wide twice a year) and local co-working opportunities.

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

CleanTechMid-sizecruxnow.com/
$300k–$500k/yr