Director, Capital Markets

Scale; New York (NY); On-site; USD 180,000 - 340,000; Full time

Benefits offered by this job

Medical benefits

Paid vacation & holidays

401K match

Job summary

Scale is seeking a senior leader to drive origination, structuring, and management of debt, tax equity, and tax credit transfer facilities for distributed energy projects in the Capital Markets team. Based in New York, you will play a leadership role in scaling a fast-growing PE-backed business focused on batteries and microgrids.

You will work closely with legal, accounting, project managers, bankers, and investors, mentor junior staff, and engage with senior leadership on investment strategy

Qualifications

• 8+ years financing or investing in infrastructure/renewables.
• 3+ years managing analysts/associates in deal teams.
• Demonstrated financial modeling competency across debt structures.
• Experience negotiating debt and tax equity financings.
• Experience originating transaction opportunities.
• Strong interpersonal and communication skills.
• Knowledge of off-take agreements for distributed energy.

Responsibilities

• Lead origination, structuring, and management of debt, tax equity, and tax credit transfer facilities.
• Implement new project development and capital markets transactions in the financial model.
• Implement Inflation Reduction Act and One Big Beautiful Bill Act terms.
• Manage and train junior Capital Markets team.
• Partner with internal and external teams (legal, accounting, project managers, bankers, tax equity investors).
• Maintain positive relationships across Scale's broader business.
• Engage with senior leadership on investment issues and innovation.

Skills

Financial modeling

Leadership

Communication

Problem-solving

Strategic thinking

Education

Bachelor's degree in Finance/Economics/Math/Engineering

MBA or CFA preferred

Job description

This is a front-office investment management and origination role on the Capital Markets team and is a great role for someone looking to play a leadership role at a fast-growing PE-backed business. You'll be instrumental in supporting the growth of our business, financing distributed energy assets, focusing primarily on batteries and microgrids.

This role will work full-time in our New York office in the Union Square area.

What we offer

• Opportunity to join a top-notch team of professionals
• Fantastic team environment and collaborative culture
• Competitive compensation package and a comprehensive benefits program including medical benefits, paid vacation and holidays, and 401K matching

Core Responsibilities

• The candidate will play a key role leading the origination, structuring, and management of various debt, tax equity, and tax credit transfer facilities
• The candidate will be responsible for the implementation of new project development and capital markets transactions in the financial model
• The candidate must be comfortable implementing the relevant terms of the Inflation Reduction Act and One Big Beautiful Bill Act
• Manage and train the junior members of the Capital Markets team
• Act as a trusted partner to internal and external teams, including legal, accounting, project managers, bankers, tax equity investors, etc
• Maintain positive and effective business relationships internally across Scale's broader business
• Proactively engage with senior leadership on investment issues and business innovation, and their impact on overall business strategy

The Ideal Candidate

For you to be successful in the role, you should have:

• 8+ years of experience financing or investing in infrastructure or renewable energy projects, including distributed generation
• 3+ years of experience managing analyst or associate-level financial professionals in a deal team structure
• Bachelor's degree (preferably in Finance, Economics, Mathematics, or Engineering); MBA or CFA preferred
• Demonstrated financial modeling competency to evaluate different capital structures across the various debt markets (development capital, commercial bank financing, leveraged finance, mezzanine / Holdco debt)
• Experience leading the negotiating, closing, and documenting of debt and tax equity financingsExperience developing and auditing complex financial models
• Demonstrated experience originating transaction opportunities
• Working knowledge of off-take arrangements for distributed energy
• Experience conducting project/portfolio due diligence and managing third-party consultants and transaction counsel
• Strong interpersonal skills and ability to effectively communicate information and strategic goals to non-financial people
• Proactive and forward-thinking attitude, creative problem-solving ability, and the ability to manage up
• Strong understanding of technical/commercial terms and their impact on projects

Company Culture

This is a great opportunity to have a long-term impact on a fast-paced, private equity-backed growth business. Some of the core virtues embraced by Scales' employees include:

• Do the Right Thing
• Act Like an Owner
• Hustle
• Demand Results
• Go Together
• Evolve or Disappear

About Scale Microgrids

Scale is redefining resilience, with advanced microgrids that go beyond traditional backup power solutions to give businesses the power to adapt and thrive amid all of today’s growing energy challenges. As a vertically-integrated provider of turnkey advanced microgrid systems, Scale combines project design, engineering, and execution expertise with microgrid-as-a-service financing to offer our customers systems that are optimized to deliver maximum value from day one while ensuring ultra-reliable operations and fast time-to-power.

Scale is backed by EQT, a firm with ~$250B in assets, bringing a depth of experience, resources, and capital that will enable Scale to continue pursuing our vision of powering the world with distributed energy. The investment enables Scale to own and operate billions of dollars in distributed generation assets.To learn more about Scale Microgrids, please visit https://www.scalemicrogrids.com.

About EQT

EQT is a leading purpose-driven global investment organization with EUR 246 billion in total assets under management, divided into two business segments: Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia Pacific, and the Americas and supports them in achieving sustainable growth, operational excellence, and market leadership. To learn more about EQT, please visit https://eqtgroup.com.

Scale strives to attract and retain a workforce that reflects the composition of our customer base and communities. We are committed to providing a work environment that provides everyone with equal access and opportunity to contribute and drive meaningful outcomes. We encourage applicants from all backgrounds to apply and will consider qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin.