Crux (cruxclimate.com Logo

Crux (cruxclimate.com

Associate, Debt Capital Markets

Reposted Yesterday
Be an Early Applicant
In-Office
New York, NY
100K-200K Annually
Mid level
In-Office
New York, NY
100K-200K Annually
Mid level
The Associate, Debt Capital Markets will support debt capital solutions for renewable energy projects, involving financial modeling, transaction execution, and client interaction.
The summary above was generated by AI
We’re supercharging the clean economy

Crux is the capital markets platform changing the way clean energy and manufacturing projects are financed in the U.S. Crux’s capital markets platform, software platform, market intelligence, and expert team help developers and manufacturers unlock financing.

Our team of 65+ is composed of experts in renewable energy, project & corporate finance, tax equity and tax credits, policy, and technology and AI.

We have raised $77 million in capital from some of the best venture and strategic investors, including Andreessen Horowitz, Lowercarbon Capital, New System Ventures, Ardent Venture Partners, Pattern, Clearway, EDFR, Intersect, LS Power, Orsted, Hartree Partners, Liberty Mutual Strategic Ventures, MassMutual Ventures, and OMERS Ventures.

An inflection point in American energy and manufacturing

Energy demand is growing for the first time in 20 years, driven by surging manufacturing, transportation, electrification, and data centers. Simultaneously, hundreds of billions of dollars are being invested in domestic supply chains for critical minerals and components. Developers and manufacturers will require trillions of dollars in capital to meet growing needs.

Before Crux, the capital markets supporting this transformation remained opaque, fragmented, and complex. At Crux, we recognized the missing infrastructure: a central capital markets platform designed specifically for the next century of American energy and industry. We unlock faster decision making, lower cost of capital, and accelerated investment.

The Opportunity

Crux is seeking an Associate to join its Debt Capital Markets team focused on renewable energy and energy transition infrastructure. The Associate will support the origination, structuring, and execution of debt capital solutions for sponsors, developers, and investors across both project-level and corporate-level transactions. This role requires strong financial modeling skills, exposure to renewables/energy transition markets, and the ability to operate in a fast-paced startup environment.

What you’ll do
  • Support full-cycle transaction execution across debt capital markets mandates, including structuring, valuation work, diligence coordination, and documentation

  • Develop financial models for project-level and corporate-level renewable energy transactions

  • Prepare client-facing materials including financing presentations, credit memos, investor marketing materials, and internal approvals

  • Conduct capital structure, pricing, and credit analysis across renewable energy asset classes

  • Participate in strategic meetings with clients regarding financing alternatives, market positioning, and structuring considerations

  • Interface directly with capital providers, developers, sponsors, and external advisors

  • Collaborate with senior team members to drive transactions and maintain active market intelligence

  • Contribute to transaction diligence, including commercial, technical, legal, and credit workstreams

  • Support platform initiatives to scale capital markets workflow and develop new develop new tech-enabled products and solutions to support financing processes

What you bring
  • 2+ years of investment banking experience in renewables, energy transition, minerals and mining, or infrastructure

  • Demonstrated exposure to capital markets and/or project finance transactions

  • Strong financial modeling and structuring skills with mastery of core valuation and credit concepts

  • Experience preparing transaction materials and conducting due diligence

  • Ability to manage several workstreams simultaneously in a high-execution environment

  • Excellent verbal and written communication skills, including client interaction

  • Self-directed, highly organized, and detail-oriented

  • Bachelor’s degree required; finance, economics, engineering, or quantitatively oriented background preferred

Additional Ideal Experience
  • Familiarity with capital markets instruments applicable to clean infrastructure (term loans, private credit, structured debt,, project-level financing, etc.)

  • Exposure to tax equity, credit underwriting, or energy delivery contracts

  • Experience working in a transaction-focused environment with client interaction responsibility

What we bring
  • Backing, traction & brand:

    • We have raised $77 million in capital from some of the best venture and strategic investors, including Andreessen Horowitz, Lowercarbon Capital, New System Ventures, Ardent Venture Partners, Pattern, Clearway, EDFR, Intersect, LS Power, Orsted, Hartree Partners, Liberty Mutual Strategic Ventures, MassMutual Ventures, and OMERS Ventures.

    • Have been profitable and are growing exponentially

    • We have closed over 120+ transactions in just 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 our optional offices in DC (open), NYC (opening Q1’26). Optional co-working opportunities with co-workers in Bay Area, Seattle, Denver, Boston, LA, and beyond.

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

    • Best of financial services & technology: We have brought together a team that are experts in clean energy finance, and the best technologies. Use your expertise while getting to be on the cutting edge of applying AI to your day and your clients’ experience.

    • Regular team offsites: We sustain culture by bringing the entire company together 3 times a year. Individual teams may also meet up more frequently.

  • 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:

    • Total cash compensation: $200,000's+, depending on years of exp. & revenue scope, not inclusive of equity value.

    • Opportunity to exceed bonus targets based on team and individual performance.

    • Stock options in a rapidly growing company.
      Values

      • Care for each other: We want to work on a team where people support each other - in their growth, in their work, and towards our shared mission. When we do that, we have fun.

      • Build and improve rapidly: We move quickly. To do that, we focus, consistently ask ourselves if we are prioritizing the right things, and execute them as best as possible.

      • Focus unremittingly on customers: Our first obligation is to our customers and partners, and we keep their needs front and center in everything we do.

      • Demonstrate ownership: We are all owners of Crux. This is our team, our company, our product and we show that to each other.

      • Convene a team that reflects the breadth of experiences in the country: We’re building a team with a wide range of backgrounds and a culture where everyone can thrive.

We provide equal employment opportunities to all applicants without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by law.

Top Skills

Credit Analysis
Financial Modeling
Project Finance

Similar Jobs

6 Days Ago
Hybrid
New York, NY, USA
Mid level
Mid level
Financial Services
As an Associate in Debt Capital Markets, support senior deal officers in debt procurement, financial modeling, loan structuring, and portfolio management.
Top Skills: ArgusExcelPowerPoint
26 Minutes Ago
Hybrid
New York, NY, USA
16-28 Hourly
Internship
16-28 Hourly
Internship
Fintech • Software • Financial Services
Assist the Business Development team by analyzing data, conducting market research, developing reports, and collaborating with cross-functional teams to support growth strategies.
Top Skills: Data AnalysisSaaS
26 Minutes Ago
Remote or Hybrid
2 Locations
112K-140K Annually
Mid level
112K-140K Annually
Mid level
Fintech • Software • Financial Services
The Product Manager II will oversee the development of tax products, collaborating with teams, managing roadmaps, and ensuring timely delivery through Agile methodologies.
Top Skills: Agile MethodologiesAi ToolsApi StandardsConfluenceJIRA

What you need to know about the NYC Tech Scene

As the undisputed financial capital of the world, New York City is an epicenter of startup funding activity. The city has a thriving fintech scene and is a major player in verticals ranging from AI to biotech, cybersecurity and digital media. It also has universities like NYU, Columbia and Cornell Tech attracting students and researchers from across the globe, providing the ecosystem with a constant influx of world-class talent. And its East Coast location and three international airports make it a perfect spot for European companies establishing a foothold in the United States.

Key Facts About NYC Tech

  • Number of Tech Workers: 549,200; 6% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Capgemini, Bloomberg, IBM, Spotify
  • Key Industries: Artificial intelligence, Fintech
  • Funding Landscape: $25.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Greycroft, Thrive Capital, Union Square Ventures, FirstMark Capital, Tiger Global Management, Tribeca Venture Partners, Insight Partners, Two Sigma Ventures
  • Research Centers and Universities: Columbia University, New York University, Fordham University, CUNY, AI Now Institute, Flatiron Institute, C.N. Yang Institute for Theoretical Physics, NASA Space Radiation Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account