Associate, Tax-Driven Investments

Dartmouth Partners; Boston (MA); On-site; USD 120,000 - 180,000; Full time

Job summary

Dartmouth Partners seeks an Associate for its Tax-Driven Investments team. The role offers ownership across the investment lifecycle, including evaluation, modeling, due diligence, structuring, and execution, within a lean, growing platform.

The Associate will collaborate with senior professionals, contribute to portfolio management, and help build out a growing tax-driven investment platform with strategic tax benefits for the organization.

Qualifications

• 4–7 years of relevant transaction experience
• Direct exposure to investment structuring and execution preferred
• Experience with tax credits (ITCs, PTCs, transferable credits) is highly desirable
• Background in renewable energy, project finance, or structured finance is beneficial

Responsibilities

• Evaluate new tax-driven investment opportunities with detailed financial analysis.
• Build and review financial models to support underwriting and decisions.
• Coordinate due diligence across financial, commercial, investment and tax aspects.
• Assist in structuring and negotiating tax credit and tax equity transactions.
• Manage transaction processes from evaluation to closing.
• Collaborate with Legal, Tax, Treasury, Risk and Accounting teams and external counterparties.
• Support ongoing portfolio monitoring and presentation to senior stakeholders.

Skills

Financial modeling

Investment analysis

Due diligence

Negotiation

Portfolio management

Tax knowledge

Education

Bachelor's degree in finance/accounting

Tools

Excel

PowerPoint

Job description

A leading institutional investment platform is seeking an Associate to join its growing Tax-Driven Investments team. The team is responsible for identifying, evaluating and executing investments that generate attractive risk-adjusted returns while providing strategic tax benefits to the broader organization.

The strategy represents a multi-billion-dollar investment mandate spanning:

• Renewable Tax Equity
• Low-Income Housing Tax Credits

This is a highly hands-on opportunity within a lean and growing team. The Associate will have meaningful ownership and autonomy across the full investment lifecycle, including opportunity evaluation, financial analysis, due diligence, structuring, negotiation, execution, closing and ongoing portfolio management.

The role also provides the opportunity to contribute to the continued development of a relatively new investment strategy as the platform continues to grow.

Key Responsibilities

• Evaluate new tax-driven investment opportunities and conduct detailed financial and investment analysis.
• Build and review financial models to support underwriting and investment decisions.
• Conduct and coordinate financial, commercial, investment and tax-related due diligence.
• Support the structuring and negotiation of tax credit and tax equity transactions.
• Manage transaction processes from initial evaluation through closing.
• Coordinate closely with internal Legal, Tax, Treasury, Risk and Accounting teams, as well as external counterparties and advisors.
• Support ongoing portfolio management and monitoring of existing investments.
• Prepare investment materials and presentations for senior stakeholders and investment committees.
• Contribute to the continued development of the firm's tax-driven investment strategy.

Candidate Profile

The team is seeking candidates with approximately 4–7 years of relevant transaction experience, ideally with direct exposure to investment structuring and execution.

Relevant backgrounds may include:

• Renewable energy and renewable project finance
• Project finance
• Structured finance
• Energy-focused investment banking
• Tax credit advisory

Investment banking Associates with relevant transaction experience, particularly within energy, infrastructure or structured finance, are encouraged to apply. Candidates from adjacent backgrounds may also be considered where they can demonstrate relevant transaction structuring and execution experience.

Renewable energy experience is particularly relevant given the strategy's exposure to renewable tax equity and transferable tax credits. LIHTC and real estate investment experience may also be applicable.

Candidates should have direct transaction experience with meaningful exposure to structuring, negotiation and closing, rather than experience focused primarily on analytical or research responsibilities.

Key Qualifications

• Strong financial modeling and investment analysis skills.
• Demonstrated transaction structuring, diligence and execution experience.
• Ability to manage complex transaction processes through closing.
• Knowledge of tax credits, including ITCs, PTCs and transferable tax credits, is highly desirable.
• Experience coordinating across Legal, Tax, Treasury, Risk, Accounting and external counterparties.
• Strong Excel and PowerPoint skills.
• Excellent communication and transaction management capabilities.
• Ability to operate independently and take ownership within a lean team environment.

The Opportunity

This position offers the opportunity to join a small, collaborative and growing investment team with significant responsibility from day one. The Associate will receive meaningful autonomy while working closely with senior investment professionals in a mentorship-driven environment.

The role is well suited to an investment professional with strong transaction execution skills who is interested in taking on broad responsibility across the investment lifecycle and contributing to the continued buildout of a growing tax-driven investment platform.