Crux

Managing Director, Tax Investor Coverage – Underwriter

Crux

full-time

Posted on:

Location Type: Remote

Location: United States

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Salary

💰 $500,000 - $700,000 per year

Job Level

Lead

About the role

  • Lead the early review of potential renewable tax credit transactions, assess completeness of the underwriting package.
  • Collaborate with project developers to gather necessary information and documentation.
  • Oversee the production of and evaluate diligence memorandums for clean energy tax credits to ensure compliance with regulations, including eligibility criteria, prevailing wage & apprenticeship requirements, etc.
  • Responsible for maintaining an extensive level of knowledge of transaction structuring, clean energy tax credit industry rules and regulations to inform underwriting decisions.
  • Formulate standard, comprehensive underwriting policies by credit type.
  • Develop and lead initiatives to improve the underwriting process, including leveraging technology and tools, in collaboration with internal teams such as product engineering, legal, marketing
  • Analyze financial, technical and legal documents and project feasibility to determine credit eligibility.
  • Review tax credit insurance policies to ensure adequate risk mitigation.
  • Conduct risk assessments to identify potential issues with credit claims.
  • Prepare detailed reports and recommendations for approval or denial of credits.
  • Contribute to the development of long-term client relationships with tax and finance leaders at the largest F250 tax credit buyers
  • Build net new relationships for Crux through conferences, networking, outreach, our extensive partnerships, and inbound
  • Be a trusted expert in the market by speaking on webinars, on panels at conferences, and more
  • Train and develop underwriting principals and senior managers

Requirements

  • 14+ years of experience in financial services, renewable energy, or comparable experience
  • Renewable energy project finance, banking or Big 4 background preferred
  • Strong understanding of the Inflation Reduction Act, related IRS tax codes, renewable energy industry, underwriting, and risk management
  • Detail oriented with strong organizational, time management and prioritization skills
  • Detailed knowledge of critical aspects of renewable energy project underwriting, including equipment and performance review as well as a baseline understanding of U.S. energy markets including regulatory structures, physical and synthetic forms of power agreements and derivatives, as well as renewables-focused regional incentives.
  • Well-developed analytical skills which includes the ability to simplify and distill complex problems and issues.
  • Effective listener and advanced communication skills, both oral and written.
  • Project management experience, desire to build out a new initiative, lead a team at a growing company
  • Team-oriented, ability to collaborate across multiple internal and external groups, spanning both commercial teams and technology teams
  • Unrivaled relationship building skills; you build trust quickly and communicate clearly
  • Excited about the idea of a rapid-growth environment with a lot of autonomy, flexibility
  • You’re not afraid to roll-up your sleeves and build things yourself
  • Willing to travel, 25%
  • Contribute to and help build team culture
  • FINRA SIE, Series 79 and 63 required or willingness to obtain 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.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
renewable energy project financeunderwritingrisk managementfinancial analysistax credit analysisdiligence memorandumsproject feasibility analysisinsurance policy reviewregulatory compliancetransaction structuring
Soft Skills
detail orientedorganizational skillstime managementprioritizationanalytical skillseffective listeningadvanced communication skillsteam-orientedrelationship buildingcollaboration
Certifications
FINRA SIESeries 79Series 63