How to apply for Senior Manager, Structuring (Tax/Preferred Equity)

About Crux Climate

Crux is a capital platform for the clean economy. It provides advisory, investments, technology, and intelligence solutions to modernize capital raising and deployment for clean energy and critical infrastructure. The company has raised $77 million from investors including Andreessen Horowitz, Lowercarbon Capital, and strategic partners like Pattern Energy and Orsted.

About the role

The Senior Manager, Structuring (Tax/Preferred Equity) will structure tax credit transactions and preferred equity investments for clean energy projects. This role directly supports Crux's goal of accelerating clean energy by making complex financing efficient and interconnected.

A typical day

A typical day might involve reviewing deal models, coordinating with legal and tax advisors, and negotiating terms with developers or investors. You would also work with internal teams to ensure transactions align with Crux's platform and risk underwriting standards. Since the role is remote, you would collaborate via video calls and shared documents.

Who Crux Climate is looking for

• Experience structuring tax equity and preferred equity transactions in renewable energy or infrastructure.
• Knowledge of tax credit markets, including transferability under the Inflation Reduction Act.
• Ability to work with legal, financial, and technical teams to close deals.
• Familiarity with project finance models and risk underwriting for clean energy assets.

Tips for this application

• Highlight specific tax equity or preferred equity deals you have structured, including deal size and asset type.
• Reference Crux's investors and strategic partners to show you understand their ecosystem.
• Explain how your experience aligns with Crux's focus on streamlining sustainable finance.
• Use the job description's language about 'efficient, interconnected tax credit transactions' in your resume.
• If you have worked with any of Crux's strategic investors (e.g., Pattern Energy, Clearway), mention that.

What to cover in your cover letter

Emphasize your track record in structuring tax credit transactions. Show you understand the Inflation Reduction Act's impact on transferability. Connect your work to Crux's goal of accelerating clean energy deployment. Mention any experience with preferred equity in renewable energy.

Research before applying

• Read Crux's website and any press releases about their platform and recent deals.
• Research the Inflation Reduction Act's tax credit transferability rules and how they affect clean energy financing.
• Look up Crux's investors and strategic partners to understand their market position.
• Find recent news about tax equity and preferred equity trends in renewable energy.

Likely interview topics

Based on the job description, expect questions about:

• Walk through a complex tax equity deal you structured from start to finish.
• How do you assess risk in preferred equity investments for clean energy projects?
• What changes in tax credit transferability have you navigated?
• How would you explain Crux's value proposition to a project developer?
• Describe a time you worked with legal and financial teams to close a deal under tight deadlines.

Common mistakes to avoid

• Not demonstrating specific knowledge of tax credit transferability under the Inflation Reduction Act.
• Focusing only on general finance skills without connecting to clean energy or infrastructure.
• Ignoring Crux's tech-enabled approach and treating the role as traditional project finance.