Structured Finance, Lead

Fluidstack; New York (NY); On-site; USD 200,000 - 275,000; Full time

Benefits offered by this job

Health, dental, and vision insurance

Retirement or pension plan

Generous PTO policy

Job summary

Fluidstack seeks a Finance Lead in New York, specializing in financial execution and structuring credit support for capital-intensive projects. Candidates should have 5-7 years of relevant experience with a strong background in leveraged finance and financial modeling. This role involves leading negotiations, preparing investment materials, and managing relationships with external partners. The position offers a competitive base salary ranging from $200,000 to $275,000, alongside health benefits and generous PTO.

Qualifications

• 5–7 years in leveraged finance, structured credit, or a similar role.
• Experience managing deal execution from term sheet to close.
• Ability to independently build and audit transaction models.

Responsibilities

• Lead financing execution for high-yield bonds and loans.
• Structure credit support arrangements and analyze guarantees.
• Drive financial modeling and ensure model integrity.

Skills

Leveraged finance

Financial modeling

Deal execution

Communication skills

Job description

About Fluidstack

At Fluidstack, we build the compute, data centers, and power that will fuel artificial superintelligence. We supply GWs of compute capabilities to the world’s biggest AI Labs at industry-defining speeds.

Our team is small, fast, and obsessed with quality. We own outcomes end-to-end, challenge assumptions, and treat our customers' problems as our own. No task is beneath anyone here.

There are a few thousand people who will shape the trajectory of superintelligence. Come and be one of them.

Responsibilities

• Lead financing execution — Own workstreams across high‑yield bond issuances, senior secured term loans, and equipment / project finance facilities. Drive term sheet negotiations, manage lender and counsel relationships, and coordinate documentation through close.
• Structure credit support arrangements — Analyze, negotiate, and document guarantees, credit wraps, off‑take agreements, and other investment‑grade backstop structures. Understand how these instruments affect debt sizing, covenant mechanics, and investor / lender underwriting.
• Drive financial modeling — Build and own transaction models covering debt sizing, DSCR waterfalls, restricted payment mechanics, levered/unlevered returns, and multi‑scenario sensitivities. Be the team's primary check on model integrity across live transactions.
• Lead counterparty and legal coordination — Manage external counsel, financial advisors, and counterparty working groups. Track open legal and commercial issues, flag risks to senior leadership, and push resolutions forward on deal timelines.
• Design and stress‑test capital structures — Evaluate HoldCo / OpCo / PropCo structuring, cross‑collateralization provisions, cross‑default mechanics, and intercreditor arrangements. Work with legal to translate structural decisions into documentation.
• Support equity‑linked and warrant structuring — Analyze and help negotiate warrant agreements, equity co‑invest structures, and other instruments issued in connection with strategic credit support or partnership arrangements.
• Prepare investor and lender materials — Own the production of investment memos, lender presentations, bond offering documents, and internal approval materials. Ensure financial accuracy and narrative coherence across all deal documents.
• Partner cross‑functionally across the business — Work closely with development, power, site selection, legal, and technology teams to gather inputs for financial analyses, pressure‑test commercial assumptions, and ensure financing structures are grounded in operational reality. Translate complex capital markets concepts for non‑finance stakeholders and help the broader team understand how financing decisions affect project outcomes.
• Build organizational execution expertise — Develop internal frameworks, playbooks, and reference materials that codify deal learnings and improve execution consistency over time.

Required Experience

• 5–7 years of experience in leveraged finance, structured credit, or a related capital markets role at a bank, credit fund, or infrastructure sponsor.
• Demonstrated experience leading or significantly owning deal execution from term sheet through close.
• Deep financial modeling capability: able to independently build, audit, and pressure‑test transaction models for complex, multi‑tranche capital structures.
• Proven ability to manage external advisors and counterparty workstreams while driving transactions forward on timeline.
• Excellent written communication skills; able to draft clear, concise investment memos, term sheets, and board‑level materials independently.

Preferred Experience

• Prior exposure to data center, power, digital infrastructure, or other capital‑intensive real asset sectors — on the debt or equity side.
• Strong working knowledge of credit agreement mechanics, covenant structures, and high‑yield / leveraged loan documentation.
• Experience with credit support structures — guarantees, off‑take agreements, or similar — and their impact on financing economics and lender underwriting.
• Familiarity with warrant agreements, equity co‑invest structures, or other equity‑linked instruments issued alongside credit facilities or strategic arrangements.
• Understanding of SPV structuring, multi‑lender intercreditor arrangements, and cross‑collateralization mechanics.
• Prior people management or mentorship of junior deal team members.

Salary & Benefits

• Competitive total compensation package (salary + equity).
• Retirement or pension plan, in line with local norms.
• Health, dental, and vision insurance.
• Generous PTO policy, in line with local norms.

The base salary range for this position is $200,000 - $275,000 per year, depending on experience, skills, qualifications, and location. This range represents our good faith estimate of the compensation for this role at the time of posting. Total compensation may also include equity in the form of stock options.

We are committed to pay equity and transparency.

Equal Employment Opportunity

Fluidstack is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans’ status, or any other characteristic protected by law. Fluidstack will consider for employment qualified applicants with arrest and conviction records pursuant to applicable law.